REG - Macfarlane Group PLC - Board Changes

MacfarlaneAnnouncement

13/12/2023 10:00

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RNS Number : 6488W  Macfarlane Group PLC  13 December 2023

 

13 December 2023

 

Macfarlane Group PLC

 

Board Changes

 

Macfarlane Group PLC (MACF.L) announces today that Bob McLellan will retire
from the Board on 31(st) December 2023, following a long period of
distinguished service. A recruitment process for his replacement as a
Non-Executive Director has commenced and an announcement will be made in due
course when a suitable candidate has been appointed.

 

As part of this change, James Baird, Audit Committee Chair, will become the
Senior Independent Director ("SID") of the Group.

 

Aleen Gulvanessian, Chair of Macfarlane Group, said: "The Board thanks Bob for
his invaluable contribution over the past 10 years.  We wish him well for the
future."

 

 

Further enquiries:

 Macfarlane Group                     Tel: 0141 333 9666
 Peter Atkinson - Chief Executive
 Ivor Gray - Group Finance Director
 Spreng Thomson                       Mob: 07803 970103
 Callum Spreng

 

Legal Entity Identifier (LEI):  213800LVRYDERSJAAZ73

Notes to Editors:

 

·      Macfarlane Group PLC has been listed on the Premium segment of
the Main Market of the London Stock Exchange (LSE: MACF) since 1973 with over
70 years' experience in the UK packaging industry.

·     Through its two divisions, Macfarlane Group services a broad range
of business customers, supplying them with high quality protective packaging
products which help customers reduce supply chain costs, improve operational
efficiencies and enhance their brand presentation. The divisions are:

o  Packaging Distribution - Macfarlane Packaging Distribution is the leading
UK distributor of a comprehensive range of protective packaging products; and

o  Manufacturing Operations - Macfarlane Design and Manufacture who design
and produce protective packaging for high value and fragile products.

·         Headquartered in Glasgow, Scotland, Macfarlane Group employs
over 1,000 people at 39 sites, principally in the UK, as well as in Ireland,
Germany and the Netherlands.

·           Macfarlane Group supplies more than 20,000 customers,
principally in the UK and Europe.

·        In partnership with 1,700 suppliers, Macfarlane Group
distributes and manufactures 600,000+ lines supplying to a wide range of
sectors, including: retail e-commerce; consumer goods; food; logistics; mail
order; electronics; defence; medical; automotive; and aerospace.

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