discoverIE Group plc Director Declaration (9499T)
20 November 2019 - 1:58AM
UK Regulatory
TIDMDSCV
RNS Number : 9499T
discoverIE Group plc
19 November 2019
19 November 2019
discoverIE Group plc
Director Declaration
As announced earlier today by Trifast plc ("Trifast"), Malcolm
Diamond MBE, Non-Executive Chairman of discoverIE Group plc, has
notified the Board of Trifast of his intention to retire as
Non-Executive Chairman and step down as a Director of Trifast with
effect from 31 March 2020.
This announcement is made in accordance with Listing Rule
9.6.14(R).
For further information, please contact:
discoverIE Group plc
Nick Jefferies Group Chief Executive 01483 544
Simon Gibbins Group Finance Director 500
Instinctif
Mark Garraway 020 7457
James Gray 2020
About discoverIE Group plc
discoverIE Group plc is an international group of businesses
that designs, manufactures and supplies innovative components for
electronic applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally. With in-house
engineering capability, we are able to design components to meet
customer requirements, which are then manufactured and supplied,
usually on a repeating basis, for their ongoing production needs.
This generates a high level of repeating revenue and long term
customer relationships.
By focusing on key markets which are driven by structural growth
and increasing electronic content, namely renewable energy,
transportation, medical and industrial & connectivity, the
Group aims to achieve organic growth that is well ahead of GDP and
to supplement that with targeted complementary acquisitions.
The Group employs c.4,300 people and its principal operating
units are located in Continental Europe, the UK, China, Sri Lanka,
India and North America.
The Group is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE Small Cap Index, classified
within the Electrical Components and Equipment subsector, and has
revenue of GBP0.4bn. Over the last five years, revenue and
underlying earnings per share has more than doubled.
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London Stock Exchange. RNS is approved by the Financial Conduct
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END
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