Mincon Group Plc Board Changes (9016V)
December 06 2019 - 1:00AM
UK Regulatory
TIDMMCON
RNS Number : 9016V
Mincon Group Plc
06 December 2019
6 December 2019
MINCON GROUP PLC
("Mincon" or the "Company")
Board Changes
Mincon (Euronext:MIO AIM:MCON), the Irish engineering group
specialising in the design, manufacture, sale and servicing of rock
drilling tools and associated products, announces the following
changes to the Board.
Appointment of Paul Lynch as Non-Executive Director
The Company is pleased to announce the appointment of Paul Lynch
as a non-executive director of the Company with immediate
effect.
Mr. Lynch currently acts as strategic adviser for a number of
companies having previously served as the chief financial officer
of Applegreen plc, a quoted petrol forecourt retailer in the
Republic of Ireland and the United Kingdom, between 2014 and 2017.
Mr Lynch qualified as a chartered accountant with Arthur Andersen
in 1990, after which followed a wide-ranging career in corporate
finance and senior management across a number of industry sectors.
He was a director of Heiton Group plc for 7 years, from 2000 to
2007, initially as head of corporate development and subsequently
as Managing Director of its Retail Division. Mr Lynch has served as
chief executive of large-scale businesses in the retail,
manufacturing, waste management and facility services sectors and
he has led and concluded over 20 M&A transactions across
diverse industries and jurisdictions.
Resignation of Jussi Rautiainen as Non-Executive Director
The Company also announces that Jussi Rautiainen is to step down
as a non-executive director with immediate effect. Jussi will
remain with the Company and take up a new executive management role
as Regional Manager for the EMEA region.
Commenting on the changes, Hugh McCullough, Chairman of Mincon
said: "On behalf of the Board, I am pleased to welcome Paul to
Mincon. Paul brings strong financial experience and extensive
knowledge on corporate development. Paul will be a valuable adviser
and contributor to both the Board and the Mincon business and we
all very much look forward to working with him. I would also like
to wish Jussi well in his new role as Regional Manager for the
Company's EMEA operations. The Board has benefitted hugely from his
extensive knowledge of the mining industry during his time as a
Non-Executive Director and we believe his experience will be of
great value as the Company focuses on the continued development of
its EMEA operations."
For further information, please
contact:
Mincon Group plc
Joe Purcell, Chief Executive Tel: + 353 (61) 361 099
Officer
Davy Corporate Finance (Nominated Adviser and Euronext Growth
Advisor)
Anthony Farrell Tel: +353 (1) 679 6363
Daragh O'Reilly
ADDITIONAL INFORMATION:
Mr Paul William Lynch (age 52) does not currently own any
Ordinary Shares of Mincon Group plc, and, other than as set out
below, there is no further information to be disclosed under
schedule 2(g) and Rule 17 of the AIM and Euronext Growth Rules in
respect of Mr Lynch's appointment as a Non-Executive Director.
Mr Lynch is, or has been, a director of the following companies
during the previous five years:
Current Directorships: Previous Directorships:
PL Active Management Applegreen plc
Limited
Core Industrial REIT plc
Applegreen Service Areas
NI Limited
Petrogas Group NI Limited
Petrogas Group UK Limited
Applegreen BK (NI) Limited
Petrogas Group (Western)
Limited
Applegreen BK Limited
Applegreen Cafe Limited
Applegreen Service Areas
NI Limited
Applegreen Service Areas
Limited
Petrogas Brands Limited
Petrogas Facilities Limited
Petrogas Group Limited
Petrogas Holdings Limited
Petrogas International
Limited
ENDS
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
BOATABTTMBJMTLL
(END) Dow Jones Newswires
December 06, 2019 02:00 ET (07:00 GMT)
Mincon (LSE:MCON)
Historical Stock Chart
From May 2024 to Jun 2024
Mincon (LSE:MCON)
Historical Stock Chart
From Jun 2023 to Jun 2024