REG - Thorpe(F.W.) PLC - Directorate Change

FW ThorpeAnnouncement

24/10/2022 16:15

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RNS Number : 9235D  Thorpe(F.W.) PLC  24 October 2022

24 October 2022

FW Thorpe Plc (the "Company")

Directorate Changes

 

 

FW Thorpe Plc announces the following changes to the board structure:

 

Mr Frans Haafkens will join the Board as an independent non-Executive
Director, effective immediately.

 

Frans is Managing Partner at Dutch investment firm i4hi, a company having
direct investments in manufacturing and technology businesses. He spent his
formative years with McKinsey & Co. as well as working for a short period
in the UK lighting industry.

 

Frans is a Dutch national who has worked with the Group in recent years
supporting the continued success of its Dutch entities, Lightronics and
Famostar, both as a consultant and an investor. He is also a minority investor
in Ratio Electric B.V., the recent joint venture investment by the Group.

 

Mike Allcock, Chairman of FW Thorpe Plc said:

 

"We would like to welcome Frans to the Board as our first recognised
independent non-Executive Director.

 

He brings with him a wealth of experience to support the board following the
international growth of the Group, as a result of its acquisitions, over
recent years.

 

The combination of this addition to our board, our experienced non-executives
understanding the history of the Group, and our existing executive team, will
enable us to continue to strive for sustainable, profitable growth into the
future."

 

The new board structure will be available on our website.

 

Additional information in accordance with AIM Rule 17 and Schedule 2(g) is
disclosed below.

 

 

For further information, please contact:

 

 

FW Thorpe Plc

Mike Allcock - Chairman and Joint Chief
Executive
Tel:  01527 583200

Craig Muncaster - Joint Chief Executive and Financial
Director

 

Singer Capital Markets - Nominated
Adviser

Steve Pearce / James
Moat
Tel:  020 7496 3000

 

 

 

 

 

 

Additional Information on the Board Appointment:

 

The following additional information is provided with regards to the
appointment of Frans Haafkens aged 60, in accordance with AIM Rule 17 and
Schedule 2(g) of the AIM Rules for Companies:

 

Current directorships/partnerships:

 

Haafkens Management & participaties B.V.

EcoForte B.V.

The Compound Company B.V.

Lightronics Participaties B.V.

CMP Property GmbH

Souvenance Holding B.V.

Maatschap GKW

Stichting Boys Inc.

i4hi B.V.

i4hi investments 2 B.V.

Abco Investment B.V.

Spuieweg B.V.

 

Directorships/partnerships within the last five years:

 

Resin PT International B.V.

Famostar Emergency Lighting B.V.

 

Other disclosures:

 

Frans Haafkens was a director of Hartman Groep B.V., a manufacturer of garden
furniture, which went into receivership in August 2005.

Frans Haafkens was also a director of JCI Holding B.V., a supplier of dental
crowns and inlays, which went into receivership in April 2007.

 

Frans Haafkens does not currently hold any shares in the Company.

 

 

There are no further disclosures required to be made in respect of the
appointment under AIM Rule 17 and Schedule 2(g) of the AIM Rules for
Companies.

 

 

 

 

 

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