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RNS Number : 8405H Vp PLC 29 November 2022
29 November 2022
Vp plc
('Vp' or the 'Group')
Board changes
Vp plc, the equipment rental specialist, today announces a number of Board
changes:
Allison Bainbridge, Group Finance Director will retire and step down from the
Board on 31 December 2022. Allison will be succeeded by Anna Bielby who will
join the Vp plc Board as Chief Financial Officer on 1 January 2023. Allison
will remain in the business to support with the transition until 31 January
2023.
Anna qualified as a chartered accountant with PwC where she was a director in
its Audit and Consulting teams. Her other roles include CFO of KCOM Group
PLC and most recently Interim CFO at Lookers plc.
We also announce that Stephen Rogers, who has been a non-executive since
October 2008, will be retiring from the Board on 31 December 2022.
We are pleased to announce the appointment from 1 January 2023 of two new
non-executive directors, Stuart Watson and Mark Bottomley.
Stuart, who will also be Chair of the Audit Committee, is an experienced
non-executive director and former senior EY Partner who was most recently a
non-executive director and Audit Committee chair at Clipper Logistics plc.
Mark is the Chief Financial Officer at Cranswick plc where he has been a main
Board member since 2009.
There are no further details required to be disclosed under Listing Rule
9.6.13 in relation to these appointments.
Commenting on the Board changes, Jeremy Pilkington, Chairman of Vp, said:
"Allison has been Group Finance Director and a highly valued member of our
Board since March 2011. I would like to thank her for her very considerable
contribution over these eleven years during what has been a period of material
and successful growth for the Group.
"Steve has been an exceptional support to the Board throughout his long
tenure. We will always be grateful for his pragmatic approach to all Board
matters and particularly in his role as Chair of the Audit Committee.
"I am also delighted to be welcoming Anna, Stuart and Mark to the Vp Board and
look forward to enjoying the benefit of their experience in helping the Board
to guide the future growth and prosperity of the Group."
- Ends -
For further information:
Vp plc Tel: +44 (0) 1423 533 400
Jeremy Pilkington, Chairman www.vpplc.com (http://www.vpplc.com)
Neil Stothard, Chief Executive
Allison Bainbridge, Group Finance Director
Media enquiries:
Buchanan
Henry Harrison‐Topham / Jamie Hooper / George Beale Tel: +44 (0) 20 7466 5000
Vp@buchanan.uk.com www.buchanan.uk.com (http://www.buchanan.uk.com)
Notes to Editors
Vp plc is a specialist rental business providing products and services to a
diverse range of markets including infrastructure, construction, housebuilding
and energy markets, both in the UK and overseas.
The Group comprises a UK and an International division:
UK
Groundforce
A market leading rental and design provider of excavation support systems and
specialist products to the water, civil engineering and construction
industries with operations in the UK, the Republic of Ireland and mainland
Europe.
Brandon Hire Station
The leading provider of tools and specialist rental products to industry,
construction and home owners across the UK.
ESS
The leading specialist provider of safety, survey, communications and test
& measurement equipment rental in the UK.
MEP Hire
The UK's largest provider of mechanical and electrical press fittings and low
level access platforms to the construction, fit out, mechanical and electrical
markets.
Torrent Trackside
Specialist suppliers of rail infrastructure portable plant and related
trackside services to Network Rail, London Underground and their appointed
track renewal, maintenance and project contractors.
TPA
One of Europe's largest suppliers of temporary access solutions. Operating
from bases in the UK and Germany, TPA provides portable roadways and temporary
access solutions to customers in the transmission, construction, rail and
outdoor events markets.
UK Forks
One of the UK's leading specialist hirers of telescopic handlers and tracked
access platforms. The products and services are utilised by its customers to
improve safety and productivity on construction and housebuilding sites across
the UK.
International
Airpac Rentals
An international business supporting a wide range of oil and gas markets,
servicing well test, pipeline testing, rig maintenance and LNG markets
worldwide.
TR Group
Australasia's leading technical equipment rental group providing test and
measurement, communications, calibration and audio visual solutions in
Australia, New Zealand and South East Asia.
Further information is available at www.vpplc.com/investors
(http://www.vpplc.com/investors)
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