Directorate Change
16 February 2010 - 6:00PM
UK Regulatory
TIDMSWP
RNS Number : 1753H
SWP Group PLC
16 February 2010
SWP Group plc ("SWP" or the "Company")
Appointment of Director
The Company is pleased to announce today the appointment of Mr Colin Stott to
the Board of SWP as Director effective immediately.
Colin is an executive Director and is the Managing Director of the Crescent, DRC
and Ulva businesses. He completed his engineering apprenticeship with BICC and
has twenty years international general management experience with companies
including GEC Alsthom, Bunzl/Filtrona and in private equity. He has operated
from bases in the UK, USA and Canada.
Colin joined SWP as a consultant on the 1st October 2006 and initially spent 18
months restructuring, modernising and developing the DRC Polymer and Crescent of
Cambridge businesses before assuming control over these operations as Managing
Director and also the newly acquired Ulva brand based in Telford, Shropshire.
More recently he has developed a cohesive international plan for the
globalisation of Ulva's oil, gas and petrochemical business throughout Asia,
Europe, United States and South America. We anticipate Colin will continue to
make a substantial contribution to the Group's organic growth and increased
profitability.
Further information on Colin Stott is contained in the Appendix below.
Alan Walker, Executive Chairman of the Group, commented:
"We are particularly pleased to appoint Colin to our parent Board of Directors.
He has key responsibility to focus on the rapid global development of our Ulva
brand during a strong phase of international expansion within the oil, gas and
petrochemical industries. His invaluable experience as a professional
international business operator has and will continue to reinforce management
skills across the Group and we are very fortunate to have secured his services
at this pivotal time in our development".
For further information please contact:
SWP Group plc
David Pett/Alan Walker 01353 723270
Appendix
Colin Andre Stott (aged 45) currently holds the following directorships and has
not held any previous directorships within the last five years :
Milla Management Services Ltd
Crescent of Cambridge Limited
DRC Polymer Products Limited
Ulva Insulation Systems Ltd
Colin Stott currently has no shareholding nor options in the Company.
Other than as set out above, Mr. Stott has confirmed that there is no further
information required to be disclosed under paragraph (g) of Schedule 2 of the
AIM Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAUVONRRNAUAAR
SWP Group (LSE:SWP)
Historical Stock Chart
From Jun 2024 to Jul 2024
SWP Group (LSE:SWP)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Swp Grp. (London Stock Exchange): 0 recent articles
More Swp News Articles