RCS - Urenco Limited - Urenco appoints Justin Manson as Chairman

Morgan StanleyAnnouncement

17/06/2024 08:15

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RNS Number : 6000S  Urenco Limited  17 June 2024

 News

 Date: 17 June, 2024

Urenco appoints Justin Manson as Chairman

 

Urenco, an international supplier of uranium enrichment services, announces
that Justin Manson will succeed Stephen Billingham CBE as Chairman of the
Board on 1 July 2024.

 

Justin brings a wealth of business, finance and government experience to the
role. He has been a non-executive director of Urenco since 2016, serving on
the Audit and Remuneration Committees as well as being Chair of the
Sustainability Committee.

 

He is a non-executive director of Gasrec, the largest supplier of bio-LNG and
LNG to the heavy goods vehicle industry in the UK. He was a Senior Adviser and
interim Chief Executive of UK Government Investments (a company wholly-owned
by the UK Treasury), and a non-executive director of UK Export Finance.
Previously, Justin was a Senior Adviser and Managing Director of Morgan
Stanley, where he advised multinational companies as well as governments on
financing and mergers and acquisitions.

 

Commenting on his appointment, Justin said: "I look forward to continuing to
work with the Board and management of Urenco, a company at the heart of the
global nuclear energy industry and which plays a key role in ensuring security
of supply and fulfilment of climate change goals. This is an exciting time for
Urenco as it expands operations in its core business at each of its sites and
develops advanced fuels capacities as well as stable and medical isotopes."

 

Stephen Billingham served on Urenco's Board for almost 15 years, from 2016 as
Chairman, and prior to that, as a non-executive director. He has been one of
the longest serving directors in the company's history. The Board of Urenco
greatly appreciates and thanks Stephen for the significant contribution he has
made.

 

-- ENDS --

Contact

Rebecca Astles

Head of Communications
+44 (0)1753 660705

Evan Byrne

Madano 07809 390 664

evan.byrne@madano.com

urenco@madano.com (mailto:urenco@madano.com)

 

 

 

 

About Urenco Group

 

Urenco is an international supplier of enrichment services and fuel cycle
products with sustainability at the core of its business. Operating in a
pivotal area of the nuclear fuel supply chain for more than 50 years, Urenco
facilitates zero carbon electricity generation for consumers around the world.

 

With its head office near London, UK, Urenco's global presence ensures
diversity and security of supply for customers through enrichment facilities
in Germany, the Netherlands, the UK and the USA. Through our technology and
the expertise of our people, the Urenco Group provides safe, cost effective
and reliable services, operating within a framework of high environmental,
social and governance standards, complementing international safeguards.

 

Urenco is committed to continued investment in the responsible management of
nuclear materials; innovation activities with clear sustainability benefits,
such as nuclear medicine, industrial efficiency and research; and nurturing
the next generation of scientists and engineers.

Visit urenco.com (https://www.urenco.com/)

 

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