Result of AGM

RNS Number : 1991W

Plastics Capital PLC

30 July 2018

 

                                                                                                                 30^th July 2018

Plastics Capital plc

("Plastics Capital" or the "Group")

Result of Annual General Meeting

Plastics Capital plc (AIM: PLA) the niche plastics products manufacturer, held its Annual General Meeting earlier today at which all resolutions were duly passed.

For further information, please contact:

Plastics Capital plc	Tel: [phone]
Faisal Rahmatallah, Executive Chairman
Nick Ball, Finance Director
Cenkos Securities	Tel: [phone]
(Nomad and joint broker)
Mark Connelly
Callum Davidson
Allenby Capital Limited	Tel: [phone]
(Joint broker)
David Hart

Notes to Editors

Plastics Capital is a niche manufacturer of specialist plastic products.  Applications for these products vary widely and examples include:

·     Packaging for the food manufacturing and distribution - films, sacks and pouches

·     Steering columns and instrument control knobs in the automotive industry - plastic ball bearings

·     Hydraulic and industrial rubber hose manufacture - various types of plastic mandrel

·     Cardboard box manufacture - plastic creasing matrices

Plastics Capital's business model is based on understanding customers' problems in depth, and then developing and mass producing proprietary, technical solutions for these problems.

The business operates through two divisions, Films and Industrial, and has the majority of its production in six UK based factories, with a further three factories in Asia.  Approximately 50% of its £77 million sales are made outside the UK to more than 80 countries.

Further information can be found on www.plasticscapital.com

 

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