Solid State PLC Board Changes (5722D)
27 Giugno 2019 - 08:01AM
UK Regulatory
TIDMSOLI
RNS Number : 5722D
Solid State PLC
27 June 2019
Solid State plc
('Solid State', or the 'Group')
Board Changes
Solid State plc (AIM: SOLI), the AIM listed manufacturer of
computing, power and communications products, and value added
distributor of electronic components, is pleased to announce the
following Board changes
As of 1 July 2019, Nigel Rogers will be joining the Board as an
independent Non-Executive Director. Nigel replaces John Lavery who
steps down from the Board on 31 August 2019 as announced on 4 March
2019. John has 36 years' service with Steatite, the last 17 years
with the Group after Steatite was acquired by Solid State in
2002.
Nigel qualified as a Chartered Accountant in 1983 spending eight
years with PwC before moving into industry. He managed the
flotation of Stadium Group plc as Group Finance Director, before
progressing to Group Chief Executive Officer in 2001, where he
moved the strategic focus of the diverse industrial group towards
building a global electronics manufacturing business. In 2012, he
joined 600 Group plc as Group Chief Executive Officer, initially
leading the turnaround of the AIM-quoted global machine tool
business before leaving in April 2015 to begin a plural career.
Nigel has been Non-Executive Deputy Chairman of Transense
Technologies plc, the AIM-quoted provider of sensor systems, since
July 2015. In October 2015 he was appointed Chairman of Surgical
Innovations Group plc, the AIM-quoted designer, manufacturer, and
distributor of medical devices for minimally invasive surgery.
In addition, Tony Frere, Non-Executive Chairman, has announced
his intention to retire and step down from the Board at the end of
the year. Tony joined the Board in 2010 and was appointed Deputy
Chairman in 2012. In April 2014 he was appointed the Group's
Non-Executive Chairman. A search for his replacement has commenced
and further announcements will be made in due course.
Commenting on the changes to the Board, Gary Marsh, Chief
Executive, said:
"We are very pleased to be welcoming Nigel Rogers to Solid State
and look forward to his contribution as we further our growth
ambitions.
"Equally, it is due to the contributions of long-standing
members of our team that we are in the strong position that Solid
State finds itself today. That is, in large part, thanks to the
dedication of John Lavery and Tony Frere who have been part of the
Board during a period when we have made 7 acquisitions and grown
the business 4-fold. We wish them the very best for the
future."
The following details in relation to the appointment of Mr Nigel
Foster Rogers (aged 57) are disclosed in accordance with Schedule
2(g) of the AIM Rules:
Current directorships Past directorships held within
last five years
------------------------------- -------------------------------
Elemental Healthcare Ltd 600 SPV1 Ltd
-------------------------------
Surgical Innovations Ltd 600 SPV2 Ltd
-------------------------------
Surgical Innovations Plc 600 Group plc
-------------------------------
Transense Technologies Plc
-------------------------------
Can Vives Ltd
-------------------------------
Ingram Electronic Services Ltd
-------------------------------
Ariel Pressings Ltd
-------------------------------
There are no other disclosures required in accordance with
Schedule 2(g) of the AIM Rules.
For further information please contact:
Solid State plc 01527 830 630
Gary Marsh - Chief Executive investor.information@solidstateplc.com
Peter James - Group Finance Director
WH Ireland (Nominated Adviser & Joint
Broker) 0117 945 3470
Mike Coe / Chris Savidge (Corporate
Finance)
Jasper Berry / David Kilbourn (Corporate
Broking / Sales)
finnCap (Joint Broker)
Ed Frisby (Corporate Finance)
Rhys Williams (Corporate Broking /
Sales) 020 7220 0500
Walbrook PR (Financial PR) 020 7933 8780
Tom Cooper / Paul Vann 0797 122 1972
tom.cooper@walbrookpr.com
Notes to Editors:
Solid State plc (SOLI) is a value added electronics group
supplying industrial and military markets with ruggedised/durable
components, assemblies and manufactured units for use in harsh
environments. The Group's mantra is - 'Trusted technology for
demanding applications'.
Operating through two main divisions: Manufacturing (Steatite)
and Value Added Distribution (Solid State Supplies & Pacer);
the Group specialises in complex engineering challenges often
requiring design-in support and component sourcing for computing,
power, communications, electronic and optoelectronic products.
Headquartered in Redditch, Solid State employs over 200 staff
across the UK with a branch office in the USA, serving niche
markets in oil & gas production, transportation, medical,
construction, security, military and field maintenance.
Solid State was established in 1971 and admitted to AIM in June
1996. The Group has grown organically and by acquisition - having
made 10 acquisitions.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
BOAPGUMGQUPBPGQ
(END) Dow Jones Newswires
June 27, 2019 02:01 ET (06:01 GMT)
Grafico Azioni Solid State (LSE:SOLI)
Storico
Da Feb 2024 a Mar 2024
Grafico Azioni Solid State (LSE:SOLI)
Storico
Da Mar 2023 a Mar 2024