TIDMRHL

RNS Number : 9526R

Redhall Group PLC

06 March 2019

 
 For immediate release   6 March 2019

Redhall Group plc

("Redhall" or the "Group")

AGM Statement and

Notification of Board Changes

Redhall Group plc (AIM: RHL), the high integrity manufacturing and services group, will hold its Annual General Meeting ("AGM") at noon today in London.

The following statement will be made at the AGM:

"As stated in the 2018 Annual Report, market conditions remain encouraging and the Group has a strong pipeline of opportunities.

"Group revenue in the year to date is slightly ahead of the same time last year, with the overall performance of the Group for the full financial year again expected to be strongly weighted towards the second half, driven by increased activity on the Hinkley Point C programme and a number of major infrastructure projects which are due to commence in the near term. The Board anticipates that the full year performance of the Group will be in line with expectations."

Redhall also announces that Martyn Everett is expected to step down from his position as Chairman at a Redhall Board meeting to be held this morning ahead of the AGM. Martyn will remain on the Board as an independent Non-Executive Director. The Board wishes to thank Martyn for his leadership over the past four years. Joe Oatley, who joined the Board as Senior Independent Director in May 2018, is expected to be appointed Chairman at the same Board meeting.

Contact details:

 
 Redhall Group plc                                  Tel: +44 (0) 1924 
                                                     385 386 
 Russ Haworth, Interim Chief Executive Officer 
  Simon Comer, Group Finance Director 
 
 Buchanan, Financial PR                             Tel: +44 (0) 20 
                                                     7466 5000 
 Mark Court, Sophie Wills, Hannah Ratcliff 
 
 GCA Altium, Financial and Nominated Adviser 
 Tim Richardson                                     Tel: +44 (0) 20 
                                                     7484 4040 
 
 WH Ireland, Broker 
 Adrian Hadden, Jessica Cave, James Sinclair-Ford   Tel: +44 (0) 20 
                                                     7220 1666

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END

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March 06, 2019 02:01 ET (07:01 GMT)

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