Award Win

RNS Number : 4405G

Volex Group PLC

01 February 2010

 



1 February 2010

VOLEX GROUP plc

Volex Group Plc, the global electrical and electronic cable assemblies group, is delighted to announce that its chairman Mike McTighe won the Chairman of the Year award at the Grant Thornton Quoted Company Awards ceremony in London on 28^th January.

The Grant Thornton Quoted Company Awards aim to recognise the achievements of some of the UK's smaller quoted companies.  The Chairman of the Year category sets out to select the chairman whose strategic input, advice, contacts and market knowledge have identifiably improved the performance and position of the company; and to reward ventures whose level of corporate governance is exemplary and which communicate effectively and routinely with their shareholders/investors.

The panel of judges commented that "Mike's involvement with Volex Group has led to a great turnaround at the company; rebuilding its fundamentals and concentrating on profitability and cash generation amid difficult market conditions".

Mike McTighe commented "I am exceptionally pleased to receive this award in recognition of the progress that we have made so far at Volex since I took the Chairman's role in March 2008.  I would like to extend my thanks to my fellow Board members and to all the team at Volex for their hard work and achievements.  I look forward to continuing this journey and achieving further successes with Volex."

Ends

About Volex:

Volex (LSE: VLX.L) is a leading provider of interconnect solutions and power products, servicing the telecommunications, data centre, industrial, consumer and medical sectors for over 100 years.  Volex's range of interconnect solutions include original-design fibre-optic, high-speed copper and radio frequency (RF) cable assemblies.  Volex's has design and manufacturing facilities spread across the globe, enabling flexibility in meeting customers' delivery timetables and price targets.

About the Awards:

The Grant Thornton Quoted Company Awards are organised by Vitesse Media and were established in 2008 to recognise the achievements of some of the UK's smaller quoted companies. Since its inception it has quickly become one of the City's most prestigious, influential events of the year.

For further information please contact:

Weber Shandwick Financial	[phone]
Terry Garrett
Nick Dibden
Katie Matthews

 

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