REG - Inspecs Group PLC - Board Composition

InspecsAnnouncement

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RNS Number : 1990N  Inspecs Group PLC  31 December 2025

31 December 2025

 

Inspecs Group plc

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

 

Board Composition

 

Inspecs Group plc, a leading designer, manufacturer, and distributor of
eyewear (sunglasses, optical frames and low vision products) announces an
update to its Board and Executive composition in light of the recommended
acquisition of Inspecs by Bidco 1125 Limited, a newly formed company
indirectly owned by Luke Johnson and Ian Livingstone (the "Offer").

 

On 29 May 2025, it was announced that Robin Totterman, Executive Director,
would step down from the Board on 31 December 2025 with Christopher Hancock,
the Company's Senior Independent Director, becoming Interim Chair until the
appointment of a new Chair. Given the Offer, and his continued involvement in
support of that process, Robin will continue to be a member of the Inspecs
Board until the conclusion of the offer period.

 

On 18 September 2025 it was also announced that Andrea Davis would be
appointed as Non-Executive Chair on or before 31 December 2025.  On account
of the Offer, Andrea will no longer assume the role as previously announced,
instead Christopher Hancock will remain as Interim Chair. However, Andrea has
agreed to make herself available to join the Board, if required, should the
Offer lapse.

 

As previously announced, having stepped down from the Board at the Company's
AGM in June 2025, Chris Kay will step down as Chief Financial Officer upon
appointment of a successor.

 

 

For further information please contact:

 

 Inspecs Group plc                         via FTI Consulting

 Christopher Hancock (Interim Chair)       Tel: +44 (0) 20 3727 1000

 Richard Peck (CEO)

 Chris Kay (CFO)

 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, Europe, 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: www.INSPECS.com (http://www.INSPECS.com)

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