10
April 2024
Epwin Group Plc
("Epwin" or the
"Company")
Chairman Succession &
Appointment of Independent Non-Executive Director
Epwin Group Plc (AIM: EPWN),
the leading manufacturer of energy efficient and
low maintenance building products, with significant market shares,
supplying the Repair, Maintenance and Improvement ("RMI"), new
build and social housing sectors, announces
that after almost 10 years as Chairman, Andrew Eastgate has given
the Board notice of his intention to retire as Chairman and step
down as a director of the Company at the conclusion of Epwin's AGM
on 21 May 2024.
The Board is pleased
to confirm that Andrew will be succeeded as Chairman following the
AGM by Stephen Harrison, an existing independent Non-Executive
Director of the Company. Stephen has been a member of the Board
since November 2022, and was most recently Chief Executive Officer
at Forterra plc, a London Stock Exchange Main Market listed
supplier of building materials to the UK's construction
sector. Stephen has over 20 years
experience in the construction materials sector.
The Group is also pleased to
announce the appointment of Kathy Callaghan to the Board as an
independent Non-Executive Director with effect from today.
Kathy was most recently Group HR Director at Rotork Plc, a
FTSE 250 engineering Group, and a member of the executive team and
Board ESG Committee with responsibility for global HR,
communications and external affairs. She has extensive experience
leading HR strategy in large organisations, having held senior
roles in Dyson, Vodafone and Lloyds Bank. She is a Fellow of the
Chartered Institute of Personnel and Development and is currently a
Non-Executive Director and Trustee of Tetbury Hospital
Trust.
Andrew
Eastgate, Chairman of Epwin, commented: "I am
delighted to welcome Kathy to the Board and look forward to the
valuable contribution I am sure she will make, drawing from her
years of experience in substantial multi-site manufacturing
businesses. For me, it has been a great pleasure to see the
development of the Group over the last ten years, particularly, the
expansion of its range of products and materials, as well as the
successful integration of acquisitions and consolidation of its
operations. I see the business as well placed for the future,
with a strong balance sheet, low debt and an experienced management
team. When I step down at the AGM, I will be ably succeeded
by Stephen as Chairman and I wish him, the Board and the Group
continued success in the future."
Jon Bednall,
CEO of Epwin, commented: "I am very pleased to
welcome Kathy to the Board and look forward to her
contribution. At the same time, and on behalf of the Board
and the Group, I extend our grateful thanks to Andrew for his
dedicated service as Chairman and for the enormous contribution he
has made to the development of the Group in the time since the
IPO. He has led the Board with wisdom, integrity and
pragmatism, ensuring the highest standards of governance and will
be a tough act to follow."
Contact information
Epwin Group Plc
Jon Bednall, Chief
Executive
Chris Empson, Group Finance
Director
|
078 3462
3818
|
Shore Capital (Nominated Adviser and Joint
Broker)
Corporate Advisory
Daniel Bush / Iain Sexton
Corporate Broking
Fiona Conroy
Zeus
Capital Limited (Joint Broker)
Dominic King / Nick Searle
|
0207 408 4090
0203 829
5000
|
MHP
Communications
Reg Hoare / Charlie Barker /
Finn Taylor
|
078 3462
3818 epwin@mhpc.com
|
About Epwin
Epwin is the leading manufacturer of
energy efficient and low maintenance building products, with
significant market shares, supplying the Repair, Maintenance and
Improvement ("RMI"), new build and social housing
sectors.
The Company is incorporated,
domiciled and operates principally in the United
Kingdom.
Information for investors can be
accessed
www.epwin.co.uk/investors/
Regulatory
disclosures
In accordance with Schedule 2(g) of the AIM
Rules, Katherine Sophie Callaghan (formerly Fryer), aged 49, holds
or has held in the past 5 years the following directorships and
partnerships:
Current
directorships/partnerships
|
Directorships/partnerships within the
last 5 years
|
Tetbury Hospital Trust Limited
|
N/A
|
|
|
There is no further information required to be
disclosed in respect of the above appointment pursuant to Rule 17
and Schedule 2 (g) of the AIM Rules for Companies.