REG - Inspecs Group PLC - Board update

InspecsAnnouncement

16/04/2025 10:30

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RNS Number : 2897F  Inspecs Group PLC  16 April 2025

16 April
2025

INSPECS Group plc

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

 

Board update

 

INSPECS Group plc, a leading designer, manufacturer, and distributor of
eyewear (sunglasses, optical frames, lenses and low vision products),
announces that Hugo Adams, Non-Executive Director, has informed the Board of
his decision not to stand for re-election at the Company's upcoming Annual
General Meeting.

 

This decision follows his recent appointment as Chief Executive Officer of
Kelpi, a sustainable materials innovation company.

 

The Board would like to extend its sincere thanks to Hugo for his
contribution during his time with Inspecs and wishes him continued success in
his new role.

 

Further updates regarding Board composition will be made in due course.

 

For further information please contact:

 INSPECS Group plc                         via FTI Consulting

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

 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, low vision aids
and lenses, 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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