REG - Epwin Group PLC - Chairman Succession and Director Appointment

EpwinAnnouncement

10/04/2024 07:15

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RNS Number : 9381J  Epwin Group PLC  10 April 2024

 

10 April 2024

 

Epwin Group Plc

("Epwin" or the "Company")

 

Chairman Succession & Appointment of Independent Non-Executive Director

Epwin Group Plc (AIM: EPWN), the leading manufacturer of energy efficient and
low maintenance building products, with significant market shares, supplying
the Repair, Maintenance and Improvement ("RMI"), new build and social housing
sectors, announces that after almost 10 years as Chairman, Andrew Eastgate has
given the Board notice of his intention to retire as Chairman and step down as
a director of the Company at the conclusion of Epwin's AGM on 21 May 2024.

 

The Board is pleased to confirm that Andrew will be succeeded as Chairman
following the AGM by Stephen Harrison, an existing independent Non-Executive
Director of the Company. Stephen has been a member of the Board since November
2022, and was most recently Chief Executive Officer at Forterra plc, a London
Stock Exchange Main Market listed supplier of building materials to the UK's
construction sector. Stephen has over 20 years experience in the construction
materials sector.

 

The Group is also pleased to announce the appointment of Kathy Callaghan to
the Board as an independent Non-Executive Director with effect from today.
Kathy was most recently Group HR Director at Rotork Plc, a FTSE 250
engineering Group, and a member of the executive team and Board ESG Committee
with responsibility for global HR, communications and external affairs. She
has extensive experience leading HR strategy in large organisations, having
held senior roles in Dyson, Vodafone and Lloyds Bank. She is a Fellow of the
Chartered Institute of Personnel and Development and is currently a
Non-Executive Director and Trustee of Tetbury Hospital Trust.

 

Andrew Eastgate, Chairman of Epwin, commented: "I am delighted to welcome
Kathy to the Board and look forward to the valuable contribution I am sure she
will make, drawing from her years of experience in substantial multi-site
manufacturing businesses. For me, it has been a great pleasure to see the
development of the Group over the last ten years, particularly, the expansion
of its range of products and materials, as well as the successful integration
of acquisitions and consolidation of its operations.  I see the business as
well placed for the future, with a strong balance sheet, low debt and an
experienced management team.  When I step down at the AGM, I will be ably
succeeded by Stephen as Chairman and I wish him, the Board and the Group
continued success in the future."

 

Jon Bednall, CEO of Epwin, commented: "I am very pleased to welcome Kathy to
the Board and look forward to her contribution.  At the same time, and on
behalf of the Board and the Group, I extend our grateful thanks to Andrew for
his dedicated service as Chairman and for the enormous contribution he has
made to the development of the Group in the time since the IPO.  He has led
the Board with wisdom, integrity and pragmatism, ensuring the highest
standards of governance and will be a tough act to follow."

 

 

Contact information

 Epwin Group Plc                                     078 3462 3818

 Jon Bednall, Chief Executive

 Chris Empson, Group Finance Director

 Shore Capital (Nominated Adviser and Joint Broker)   0207 408 4090

 Corporate Advisory

 Daniel Bush / Iain Sexton

 Corporate Broking

 Fiona Conroy

 Zeus Capital Limited (Joint Broker)                 0203 829 5000

 Dominic King / Nick Searle

 MHP Communications                                  078 3462 3818 epwin@mhpc.com

 Reg Hoare / Charlie Barker / Finn Taylor

 

About Epwin

Epwin is the leading manufacturer of energy efficient and low maintenance
building products, with significant market shares, supplying the Repair,
Maintenance and Improvement ("RMI"), new build and social housing sectors.

The Company is incorporated, domiciled and operates principally in the United
Kingdom.

Information for investors can be accessed www.epwin.co.uk/investors/
(https://url.avanan.click/v2/___http:/www.epwin.co.uk/investors/___.YXAxZTpzaG9yZWNhcDphOm86NGNmYTUwODY5NDY2YWNiMTUzMTg2ODI3M2UyYmQ0NzE6NjozM2RlOjM5M2FiZGU1OTk3ODQyNTdmNDM5ODY2ODE0OGQzZWU4ZmFlMjJhOGQ5OTUyZWE1NzM2MTEyNWVkMGM3NWMxNTU6cDpU)

 

Regulatory disclosures

 

In accordance with Schedule 2(g) of the AIM Rules, Katherine Sophie Callaghan
(formerly Fryer), aged 49, holds or has held in the past 5 years the following
directorships and partnerships:

 

 Current directorships/partnerships  Directorships/partnerships within the last 5 years
 Tetbury Hospital Trust Limited      N/A

 

There is no further information required to be disclosed in respect of the
above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for
Companies.

 

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