REG - Chamberlin PLC - Board Changes

ChamberlinAnnouncement

05/04/2024 07:00

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RNS Number : 3977J  Chamberlin PLC  05 April 2024

 

5 April 2024

Chamberlin plc

("Chamberlin", the "Group" or the "Company")

 

Board Changes

 

Chamberlin plc (AIM: CMH.L), the specialist castings and engineering group,
announces the following board changes.

 

After 12 years with the Company, Keith Butler-Wheelhouse, Non-executive
Chairman, will retire from the Board with immediate effect. With immediate
effect, Kevin Nolan, Non-executive Director will assume the role of Interim
Non-executive Chairman and Trevor Brown, Executive Director will become a
Non-executive Director of the Company.

 

In addition, Alan Tomlinson has decided to leave his role as Finance Director
to pursue other business interests and, following an orderly handover to the
Company's finance team, will leave the Company on 10 May 2024.

 

The Company intends to appoint an independent Non-executive Director in due
course and a further announcement will be made, as appropriate.

 

Kevin Price, Chief Executive Officer, said:

 

"The Board wishes to thank Keith and Alan for their valuable contribution to
the Company over the years and wishes them well in their future endeavours.
Following the sale of Petrel in February 2024, the Company continues to focus
on pursuing its strategy at its core iron foundry and machining operations at
CHC and RDC, including the reduction of Group central costs."

 

Enquiries:

 

 Chamberlin plc                           T: 01922 707100

 Kevin Price, Chief Executive Officer

 Alan Tomlinson, Finance Director

 Cavendish Capital Markets Limited        T: 020 7220 0500

 (Nominated Adviser and Joint Broker)

 Katy Birkin

 Stephen Keys

 George Lawson

 Peterhouse Capital Limited               T: 020 7469 0930

 (Joint Broker)

 Lucy Williams

 Duncan Vasey

 

 

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