TFW Thorpe (f.w.) Plc

TIDMTFW

RNS Number : 0782G

Thorpe(F.W.) PLC

13 March 2020

FW Thorpe Plc (the "Company")

Directorate Changes

FW Thorpe Plc announces that Mr Tony Cooper will retire from his role, as Executive Director of the Company, however, will remain on the Board as Non-Executive Director, with effect from 2 April 2020.

Mike Allcock, Chairman of FW Thorpe Plc commented:

"We would like to take this opportunity to thank Tony for his determination, achievements and dedication to the Group for over 21 years.

During his tenure, Tony has been instrumental in supporting the growth of the business and navigating the many different challenges, including technological revolutions and the adoption of a number of essential new manufacturing processes. He has contributed significantly to the ongoing success of a number of Group companies, in particular, the Thorlux and TRT businesses, which are testimony to his efforts over the years.

I am sure that our employees, shareholders and stakeholders alike will join us in wishing Tony all the best for his retirement. We look forward to his ongoing support as a non-executive."

For further information, please contact:

FW Thorpe Plc

Mike Allcock - Chairman and Joint Chief Executive Tel: 01527 583200

Craig Muncaster - Joint Chief Executive, Group Financial Director

N+1 Singer - Nominated Adviser

Steve Pearce/James Moat Tel: 020 7496 3000

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END

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