Appointment of Group Finance Director

RNS Number : 9317N
Alumasc Group PLC
04 February 2021
 

4 February 2021

THE ALUMASC GROUP PLC

("Alumasc", "the Company")

DIRECTORATE CHANGE

APPOINTMENT OF GROUP FINANCE DIRECTOR

Alumasc, the sustainable building products, systems, and solutions Group, is pleased to announce the appointment of a new Finance Director, Simon Dray with effect from 1 March 2021.

Simon has a 30-year career in a range of senior finance functions with multi-national companies.  After qualifying as a chartered accountant with Deloitte, Simon moved to work in industry. From 2002 to 2008 he worked at Halma plc as Group Financial Controller, before joining Low & Bonar plc in 2008, working in a variety of senior finance roles including interim CFO before becoming Director of Strategy and M&A. Simon brings experience of heading up finance departments for publicly listed companies and significant M&A experience, both of which will assist Alumasc in its next phase of strategic growth.

Paul Hooper, CEO, said: "Simon has a proven track record across a range of senior finance functions at a number of public companies. His significant experience will further strengthen the leadership team and support our strategic plans and growing the business. We look forward to welcoming him and his future contribution to the business."

Enquiries:

Paul Hooper, CEO

Helen Ashton, Group Company Secretary 

+ 44 (0) 1536 383844

+ 44 (0) 1536 383812

 

Peel Hunt (Broker) 

Mike Bell    + 44 (0) 207 418 8831

 

finnCap (NOMAD)

Julian Blunt    + 44 (0) 207 220 0500 

Camarco:

Ginny Pulbrook    + 44 (0) 203 757 4992

Tom Huddart    + 44 (0) 203 757 4991

         Email: alumasc@camarco.co.uk

 

Further information on Mr Simon John Dray FCA, BSc (Hons) (aged 51) is below:

Active Directorship:

 Farm Factory Limited

 

Previous Directorships in past 5 years:

 Bonar Yarns Limited

 A.G. Scott Textiles Limited

 Bonar Nuway Limited

 Bonar Silver Limited

 Nuway Manufacturing Co. Limited

 Bonar International S.A.R.L

 R.H. Cole Investments Limited

 Bonar Ventures Limited

 Bryanston 55 Limited

 Platinum Prestige Limited

 Low & Bonar UK Limited

 Placell Limited

 Bonar International Holdings Limited

 Gaskell Carpet Tiles Limited

 Goldtide Limited

 Waddington Cartons Ltd

 

Lobo Nominees Limited

LCM Construction Products Limited

Modulus Flooring Systems Limited

Bonar Pack Centre Limited

Bonar Rotaform Limited

Leisurewear Africa Limited

Cole Group Limited

Bonar Systems Limited

Adfil Limited

Cupa Engineering Co Limited

Bamber Carpets Limited

Rotaform Plastics Limited

Bonar Plastics Limited

Low & Bonar Pension Scheme (1986) Trustee Limited

Lobex Limited

 

As at the date of this announcement Simon Dray is not beneficially interested in any Ordinary Shares in the Company.

There is no further information disclosable in respect of Simon Dray pursuant to Schedule 2 (g) of the AIM rules for companies.

ENDS

Notes to Editors:

Alumasc is a UK-based supplier of premium building products, systems and solutions. Almost 80% of group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.

 

The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Water Management; Building Envelope; and Housebuilding Products.

 

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