REG - Trifast PLC - Directorate Change

TrifastAnnouncement

31/08/2022 07:00

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RNS Number : 6681X  Trifast PLC  31 August 2022

 

Trifast plc

(Trifast, Group or Company)

 

leading international specialist in the design, engineering, manufacture, and
distribution

of high-quality industrial fastenings and Category 'C' components principally
to major global assembly industries

 

 

Directorate change

 

 

London, Wednesday, 31 August 2022:  Trifast today announces that Clare Foster
is leaving the Group with immediate effect and will not be seeking re-election
at the Group's Annual General Meeting.

 

The Company would like to thank Clare for her seven years of service and
commitment in which time, as part of the senior management team she has helped
develop the Group's financial strategy and steer the business through an
important period of change and development.  On behalf of the Board and
everyone around the business we wish Clare well for the future and in the next
phase of her career.

 

The Company has appointed Russell Reynolds, who have commenced a formal
recruitment process for a permanent replacement and a further update on this
will be made in due course.  In the interim period, Andy Cooksey will join
the Group on 1 September 2022 to assume the role of interim Chief Financial
Officer in the Group's central finance team and provide advice to the PLC and
Operating Executive Boards.

 

A chartered accountant, Andy has over 30 years' senior financial experience.
Over this time, he has gained extensive knowledge of international businesses
and markets and has developed a solid understanding of key strategic drivers,
financial strategy, and leadership.  Andy has held senior Executive finance
roles within Blue Circle Industries plc, RMC plc and Heathrow Airport.

 

Market and trading conditions remain as described in the Group's results for
the year ended 31 March 2022, which were published on 26 July 2022.  We look
forward to providing an update in mid-October 2022 on progress following the
conclusion of the first half of our 2023 financial year.

 

 

 

 Further enquiries please contact:
 Trifast plc
 Jonathan Shearman, Chair
 Mark Belton, Chief Executive Officer
 Christopher Morgan, Company Secretary

 Tel: +44 (0) 1825 747630
 Email: corporate.enquiries@trifast.com
 (mailto:corporate.enquiries@trifast.com)
 Shareholders: Companysecretariat@trifast.com
 (mailto:Companysecretariat@trifast.com)

 Peel Hunt LLP (Stockbroker & financial adviser)
 Mike Bell
 Tel: +44 (0) 20 7418 8900

 TooleyStreet Communications, (IR & media relations)
 Fiona Tooley
 Tel: +44 (0)7785 703523 or Email:fiona@tooleystreet.com
 (mailto:fiona@tooleystreet.com)

 

 Editors' notes
 About Trifast plc

 "Innovation today for a better tomorrow - Growing sustainably, together"

 Trifast (TR) is a leading international specialist in the design, engineering,
 manufacture, and distribution of high-quality industrial fastenings and
 Category 'C' components principally to major global assembly industries.  We
 supply to c. 5,000 customers in c.75 countries across a wide range of
 industries, including Light vehicle, Heavy vehicle, Health & Home, Energy,
 Tech and Infrastructure (ET&I), General industrial and Distributors.  As
 a full-service provider to multinational OEMs and Tier 1 companies spanning
 several sectors, TR delivers comprehensive support to its customers from
 concept design through to technical engineering consultancy, manufacturing,
 supply management and global logistics.  The Group employs c.1,300 people
 across 34 business locations within the UK, Asia, Europe, and the USA
 including seven high-volume, high-quality, and cost-effective manufacturing
 sites and three technical & innovation centres across the world.

 For more information, visit our

 Commercial website: www.trfastenings.com (http://www.trfastenings.com)

 LinkedIn: www.linkedin.com/company/tr-fastenings
 (http://www.linkedin.com/company/tr-fastenings)

 Twitter: www.twitter.com/trfastenings (http://www.twitter.com/trfastenings)

 Facebook: www.facebook.com/trfastenings (http://www.facebook.com/trfastenings)

 Note

 Trifast, TR and TR Fastenings are registered trademarks of the Company.

 LEI number: 213800WFIVE6RUK3CR22

 

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