REG - Bay Capital PLC - Directorate Changes

Bay CapitalAnnouncement

28/11/2025 10:45

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RNS Number : 4628J  Bay Capital PLC  28 November 2025

28 November 2025

BAY CAPITAL PLC

Directorate Changes

Retirement of Peter Tom CBE

Bay Capital Plc (LSE: BAY, "Bay" or the "Company"), the Main Market listed
acquisition company, announces that Peter Tom CBE, Chair and Non-Executive
Director has stepped down from the Board of the Company with immediate effect.

The Board would like to thank Peter for his contributions to establishing Bay
Capital and in his role as Chair over the past four years as the Company has
explored acquisition and investment opportunities within the industrials
sector.

Appointment of Chair and Non-Executive Director

Following Peter's retirement, David Williams, Non-Executive Director has
stepped up to Chair of the Company, with Tony Morris, the Company's current
strategic advisor joining as a Non-Executive Director (together, the
"Directors").  These appointments will take immediate effect.

Considering these directorate changes, Bay Capital has also reviewed its
sector focus and will now broaden its investment and acquisition strategy to
include other, higher growth sectors outside of the original industrials
thesis.

The Company's core strategic aim will continue, and remains focused on the
delivery of shareholder value through the acquisition of target companies in
certain sectors where the Directors believe there to be sustainable growth
opportunities both organically, and through acquisition.  To support the
execution the Company's M&A strategy, the Group retains £4.4 million of
cash (unaudited) as at 27 November 2025.

Information pertaining to Tony Morris

Tony is currently Chair and Non-Executive Director of Michelmersh Brick
Holdings Plc (AIM: MBH) and formerly a Non-Executive Director of Summerway
Capital Plc (having resigned in September 2021).

This announcement has been made in accordance with the requirements of UK
Listing Rules 6.4.6 and 6.4.8.

Enquiries:

 

 Tessera Investment Management Limited
 Tony Morris                            +44 (0) 7742 189145

 

 

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