Ultra Electronics Holdings PLC Directorate Change (0533B)
March 30 2017 - 8:22AM
UK Regulatory
TIDMULE
RNS Number : 0533B
Ultra Electronics Holdings PLC
30 March 2017
Ultra Electronics Holdings plc
("Ultra" or "the Group")
APPOINTMENT OF NON-EXECUTIVE DIRECTORS
Ultra is pleased to announce that Geeta Gopalan and Victoria
Hull have been appointed to the Board of Ultra as Non-Executive
Directors with effect from 28 April 2017.
Geeta has wide-ranging experience and knowledge of the financial
services sector particularly in digital innovation, payments,
retail and commercial banking. Her Non-Executive Directorships
include UK retail bank Virgin Money Holdings and Virgin Money Plc,
Wizink Bank S.A (a Spanish digital bank) and Vocalink Plc the UK's
payment infrastructure provider. Geeta is also a Non-Executive
Member and Vice-Chair of the England Committee of the Big Lottery
Fund, a non-departmental public body.
Victoria is a former Executive Director and General Counsel of
Invensys plc and Telewest Communications plc. Her legal career
commenced at Clifford Chance LLP. Victoria has extensive UK and
international M&A and business experience and is a skilled and
knowledgeable Board member.
Douglas Caster, Chairman, commented:
"I am delighted to welcome Geeta and Victoria onto the Board of
Ultra. Their broad and relevant experience will be valuable to the
Board and I am confident that they will make a substantial
contribution to Ultra's continuing success."
This announcement is made in accordance with paragraph 9.6.11 of
the Listing Rules. There are no details to be disclosed under
paragraph 9.6.13 (2) to (6) of the Listing Rules.
- Ends -
Enquiries:
Douglas Caster, Chairman
Rakesh Sharma, Chief Executive 020 8813 4307
Susan Ellis, Corporate Affairs Director 07836 522 722
James White, MHP Communications 020 3128 8756
www.ultra-electronics.com
020 8813 4321
Further information about Ultra:
Ultra Electronics is an internationally successful defence,
security, transport and energy company with a long track record of
development and growth. The Group manages a portfolio of specialist
capabilities generating innovative solutions to customer needs.
Ultra applies electronic and software technologies in demanding and
critical environments ranging from military applications, through
safety-critical devices in aircraft, to nuclear controls and sensor
measurement. These capabilities have seen the Group's
highly-differentiated products contributing to a large number of
platforms and programmes.
Ultra has world-leading positions in many of its specialist
capabilities and, as an independent, non-threatening partner, is
able to support all of the main prime contractors in its sectors.
As a result of such positioning, Ultra's systems, equipment or
services are often mission or safety-critical to the successful
operation of the platform to which they contribute. In turn, this
mission-criticality secures Ultra's positions for the long-term
which underpins the superior financial performance of the
Group.
Ultra offers support to its customers through the design,
delivery and support phases of a programme. Ultra businesses have a
high degree of operational autonomy where the local management
teams are empowered to devise and implement competitive strategies
that reflect their expertise in their specific niches. The Group
has a small head office and executive team that provide to the
individual businesses the same agile, responsive support that they
provide to customers, as well as formulating Ultra's overarching,
corporate strategy.
Across the Group's three divisions, Ultra operates in the
following eight market segments:
* Land
* Aerospace
* Maritime
* Communications
* Nuclear
* C2ISR
* Infrastructure * Underwater Warfare
This information is provided by RNS
The company news service from the London Stock Exchange
END
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