REG - Trifast PLC - Directorate Change

TrifastAnnouncement

22/02/2024 07:00

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RNS Number : 0109E  Trifast PLC  22 February 2024

 

 

London:  Thursday, 22 February 2024

 

 

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

 

 

The Company announces that Darren Hayes-Powell, Chief Financial Officer and
Executive Director has, by mutual agreement left the business with immediate
effect.  The Board thanks him for his contribution since he joined in
December 2022, and wishes him well.

 

Kate Ferguson, the Group Financial Controller will assume the role of interim
CFO, while the Board commences an executive search process for a permanent
replacement.  Senior Independent Non-Executive Director, Clive Watson will,
as required, support Kate and the Finance function during this period.  Kate
joined the business in August 2023 and has more than 20 years' experience in
finance, IT support, administration and facilities management having worked
across a variety of industries both in the UK and overseas.

 

Market conditions remain as described in the Group's announcement released on
the 22 January 2024 and as we indicated at this time, we will be providing
more detail on the Group's restructuring, strategic plans and progress in July
when the Company is scheduled to release its annual results for the year ended
31 March 2024.

 

 

 

 

 Enquiries please contact:
 Trifast plc
 Serena Lang, Non-Executive Chair
 Iain Percival, Chief Executive Officer
 Office: +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
 Email: fiona@tooleystreet.com (mailto:fiona@tooleystreet.com)

 

 

 

 Editors' notes

 About Trifast plc

 LSE: Main Market Premium Listing; Ticker TRI

 Founded in East Sussex in 1973, 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.

 The Group supplies to customers in c.70 countries across a wide range of
 industries, including light vehicle, heavy vehicle, health & home, energy,
 tech, & infrastructure (ET&I), general industrial and distributors. As
 a full-service provider to multinational OEMs and Tier 1 companies spanning
 several sectors, we deliver comprehensive support to our customers across
 every requirement, from concept design through to technical engineering
 consultancy, manufacturing, supply management and global logistics.

 As an international business we are able to provide 24/7 customer support from
 across key regions in the UK, Asia, Europe and North America. In addition to
 our service locations we operate a number of manufacturing facilities focused
 on high volume cold forged fasteners and special parts. We have also
 established Technical & Innovation Centres to support R&D and customer
 collaboration across the world.

 For more information, visit our

 Investor website: www.trifast.com (http://www.trifast.com)

 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)

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

 LEI number: 213800WFIVE6RWK3CR22

 

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