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REG - Cropper(James) PLC - Directorate Change

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RNS Number : 6369U  Cropper(James) PLC  24 November 2023

This announcement contains inside information for the purposes of Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as
amended). Upon the publication of this announcement via a Regulatory
Information Service, this inside information is now considered to be in the
public domain.

 

 

 

 

 

James Cropper plc

("James Cropper", the "Company" or the "Group")

 

Directorate Change

 

James Cropper plc (AIM: CRPR), a global market leader in advanced materials,
luxury packaging and paper products, announces that James Gravestock, Managing
Director for Technical Fibres and Future Energy, informed the Board on 23
November 2023 of his intention to stand down as a Director to pursue another
opportunity outside the Company.  James will remain with the Group for a
period to enable a smooth transition and a process has been commenced to
identify a successor.

 

Steve Adams, Chief Executive Officer, commented:

"We are very grateful to James who, since being appointed in 2021, has made a
significant contribution to the growth and development of our Advanced
Materials business, which achieved a record performance in FY23.  Our process
is underway to find a high calibre successor and we wish James well for the
future."

 

-ENDS-

 

Enquiries:

 James Cropper plc

 Rosina Merrett

 Mob: +44 (0) 7500 083559

 rosina.merrett@cropper.com

 Shore Capital - (NOMAD and Broker)

 Robert Finlay, Henry Willcocks, Lucy Bowden

 Tel: +44 (0) 7601 6100

 Buchanan Communications - Financial PR

 Chris Lane, Charles Ryland, Jamie Hooper, Verity Parker

 jamescropper@buchanancomms.co.uk (mailto:jamescropper@buchanancomms.co.uk)

 Tel: +44 (0) 207 466 5000

 

 

 

Notes for editors:

 

James Cropper is a market leader in Advanced Materials and Paper Products,
centred around four market audiences: Future Energy, Technical Fibres, Luxury
Packaging and Creative Papers.

 

A purpose-led business, built upon six generations of the Cropper family,
James Cropper has a 600+ international workforce and an operational reach in
over 50 countries.

 

Established in 1845, the Group manufactures creative papers, luxury packaging
and advanced materials incorporating pioneering non-wovens and electrochemical
coatings.

 

James Cropper is a specialist provider of niche solutions tailored to a unique
customer specification, ranging from substrates and components in hydrogen
electrolysis and fuel cells to bespoke colours and textures in paper and
moulded fibre packaging designed to replace single use plastics.

 

The Group operates across multiple markets from luxury retail to renewable
energy. It is renowned globally for service, capability, pioneering and multi
award-winning commitment to the highest standards of sustainability.

James Cropper's goal is to be operationally net zero by 2030 and to reduce
carbon through its entire supply chain to net zero by 2050.

 

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