REG - Inspecs Group PLC - Board Changes

InspecsAnnouncement

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RNS Number : 6887E  Inspecs Group PLC  18 May 2026

18 May 2026

INSPECS Group plc

(the "Company" or the "Group")

Board Changes

INSPECS Group plc, a leading designer, manufacturer and distributor of eyewear
(sunglasses, optical frames, lenses and low vision products), announces that
Christopher Hancock, Interim Non-Executive Chair, has informed the Board of
his intention to step down as a Non-Executive Director and not stand for
re-election at the Company's Annual General Meeting to be held in June 2026.

The Board would like to thank Chris for his valuable contribution to the
Company during his involvement which began with his assistance in the
acquisition of Killine in 2016.  Since the Company's IPO in 2020, he has
served as Chair of both the Audit and Risk Committee and of the Remuneration
and Nomination Committee, and as a member of the ESG Committee.  In June
2025, he became Interim Chair and, as part of the Transaction Committee,
helped navigate the Company through the series of unsolicited approaches it
received, culminating in the recommended offer from Bidco 1125 Limited which
closed on 15 May, 2026.

The Company further announces that Robin Totterman will resume the position of
Executive Chair immediately following the AGM.

Robin Totterman, Founder of INSPECS Group plc, commented:

"I would like to thank Chris for his commitment and valuable contribution to
INSPECS over many years. His insight and experience have been instrumental
during several important phases in the Company's development, particularly
during what has been a very challenging period for the Group and all those
involved.

"The events of the past year have unfolded somewhat like a rollercoaster, and
I greatly appreciate the time, effort and dedication Chris has shown
throughout.

"As Chris steps down, I now look forward to refocusing on our core business
and ensuring that the Group continues to develop and make a meaningful impact
on the world stage. I wish Chris all the very best in his future endeavours."

For further information please contact:

 INSPECS Group plc                         via FTI Consulting

 Richard Peck (CEO)                        Tel: +44 (0) 20 3727 1000

 Peel Hunt (Nominated Adviser and Broker)  Tel: +44 (0) 20 7418 8900

 George Sellar

 Andrew Clark
 FTI Consulting (Financial PR)             Tel: +44 (0) 20 3727 1000

 Alex Beagley

 Harriet Jackson

 Amy Goldup

About INSPECS Group plc

INSPECS is a leading provider of eyewear solutions to the global eyewear
market. The Group produces a broad range of eyewear frames and low vision
aids, covering optical, sunglasses and safety, which are either "Branded"
(under licence or under the Group's own proprietary brands), or "OEM"
(unbranded or private label on behalf of retail customers).

INSPECS is building a global eyewear business through its vertically
integrated business model. Its continued growth is underpinned by increasing
the penetration of its own-brand portfolio, worldwide distribution, growing
retail presence, maximising group synergies and its global network, expanding
its manufacturing capacity and scaling the research and development department
as it develops new and innovative eyewear products. The Group has operations
across the globe: with offices and subsidiaries in the UK, Germany, Portugal,
Scandinavia, the US and China (including Hong Kong, Macau and Shenzhen), and
manufacturing facilities in Vietnam, China, the UK and Italy.

INSPECS customers are global optical and non-optical retailers, global
distributors and independent opticians. Its distribution network covers over
80 countries and reaches approximately 75,000 points of sale.

 More information is available at: https://INSPECS.com (https://INSPECS.com)

 

 

 

 

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