TIDMCMH

RNS Number : 8970X

Chamberlin PLC

07 May 2021

7 May 2021

Chamberlin plc

("Chamberlin", the "Company" or the "Group")

Directorate Change

Chamberlin plc (AIM: CMH.L), the specialist castings and engineering group, in line with its previous announcements, is continuing to reduce costs and streamline the organisation in line with revised levels of revenue. The Board anticipates that the new management structure will be in place by 1 June 2021.

As part of this restructuring, the Company is now pleased to announce that Mr Alan Tomlinson is joining the Board as Group Finance Director. Alan Tomlinson is a Chartered Accountant and has been employed by Chamberlin in a senior finance role since 2019 and has previously held a number of senior finance and accounting roles within a large construction company. He is currently the Group's Finance Controller with additional responsibilities for Petrel, the Group's specialist lighting company.

Mr Neil Davies is to step down from his role as Group Finance Director at the end of May 2021 however will remain employed throughout his notice period and therefore be available to the Company in order to ensure a smooth transition in relation to assisting the new team.

Neil has worked diligently over the last 30 months in his role as Group Finance Director and has made a significant contribution to both financial and non-financial issues during what could be described as a very difficult period.

Keith Butler Wheelhouse, Chairman of Chamberlin Plc, commented, "On behalf of Chamberlin, I would personally like to take this opportunity to thank Neil for his significant contribution to the Company."

Subject to satisfactory due diligence, it is expected that Alan will be appointed as Finance Director and will join the Board with effect from 1 June 2021

Enquiries:

 
Chamberlin plc                           T: 01922 707100 
 Keith Butler-Wheelhouse, Chairman 
 Kevin Nolan, Chief Executive 
Cenkos Securities plc                    T: 020 7397 8900 
 (Nominated Adviser and Joint Broker) 
 Russell Cook 
 Katy Birkin 
Peterhouse Capital Limited               T: 020 7469 0930 
 (Joint Broker) 
 Heena Karani 
 Duncan Vasey 
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOADKOBBPBKKFPK

(END) Dow Jones Newswires

May 07, 2021 02:00 ET (06:00 GMT)

Chamberlin (LSE:CMH)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more Chamberlin Charts.
Chamberlin (LSE:CMH)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Chamberlin Charts.