REG - Norcros PLC - Board Changes

NorcrosAnnouncement

15/12/2022 09:45

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RNS Number : 8417J  Norcros PLC  15 December 2022

Norcros plc

("Norcros" or "the Company")

Board Changes

Norcros plc, a market leading supplier of high quality and innovative bathroom
and kitchen products, announces two changes to the Board that will occur in
due course.

On 1 January 2023 Stefan Allanson will join the Board as a Non-Executive
Director and Chair (Designate) of the Audit and Risk Committee.

Stefan Allanson is Chief Financial Officer of MJ Gleeson plc, the main-market
listed low-cost housebuilder and land promoter, where he has held the role
since 2015. Prior to Gleeson, Stefan held senior finance roles at Keepmoat
Ltd, Tianhe Chemicals Ltd, The Vita Group Ltd, TheSkillsMarket Ltd and Honda
Motor Company.

David McKeith will continue in his role as a Non-Executive Director, and as
Chair of the Audit and Risk Committee and will hand over this role to Stefan
Allanson when he retires from the Board at the Company's AGM in July 2023.

Commenting on Stefan's appointment, Gary Kennedy, Chair, said "We have
conducted a comprehensive recruitment process to find a successor to David
McKeith as a Non-Executive Director and in due course, the Chair of the Audit
and Risk Committee, and the Board is confident that Stefan, with his extensive
and highly relevant skills and experience, will be a capable successor and a
strong addition to the Board."

Further enquiries:

 Norcros plc                            Tel: 01625 547 700
 Nick Kelsall, Chief Executive Officer

 Gary Kennedy, Board Chair

 Hudson Sandler                         Tel: 0207 796 4133
 Nick Lyon and Sophie Miles

 

Further Information:

1.    Stefan was a director of The Resource Pool Limited, a small
technology start-up, in December 2001 (having joined the company as a director
in May 2000) when the company entered into creditors' voluntary liquidation.
The business was subsequently bought out of administration and traded
successfully for many years.  Stefan ceased to be involved in the company in
September 2003.

2.    Other than the matters referred to in this announcement, there are no
other disclosures to be made under Listing Rule 9.6.13.

 

 

Notes to Editors

Norcros is a market leading supplier of high quality and innovative bathroom
and kitchen products with operations primarily in the UK and South Africa.

Based in the UK, Norcros operates under eight brands:

·    Triton - Market leader in the manufacture and marketing of showers in
the UK

·    Merlyn - The UK and Ireland's No.1 supplier of shower enclosures and
trays to the residential, commercial and hospitality sectors

·    Vado - A leading manufacturer and supplier of taps, mixer showers,
bathroom accessories and valves

·    Croydex - A market-leading, innovative designer, manufacturer and
distributor of high quality bathroom furnishings and accessories

·    Abode - A leading niche designer and distributor of high quality
kitchen taps, bathroom taps, and kitchen sinks

·    Johnson Tiles - The leading manufacturer and supplier of ceramic
tiles in the UK

·    Norcros Adhesives - Manufacturer of tile and stone adhesives, grouts
and related products

·    Multipanel - Grant Westfield is a leading manufacturer of high-end
waterproof bathroom wall panels

Based in South Africa, Norcros operates under four brands:

Tile Africa - Chain of retail stores focused on ceramic and porcelain tiles,
and associated products such as sanitaryware, showers and adhesives

·    Johnson Tiles South Africa - Manufacturer of ceramic and porcelain
tiles

·    TAL - The leading manufacturer of ceramic and building adhesives

·    House of Plumbing - Market leading supplier of specialist plumbing
materials

Norcros is headquartered in Wilmslow, Cheshire and employs around 2,400
people. The Company is listed on the London Stock Exchange. For further
information please visit the Company website: http://www.norcros.com

 

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