VCT Victrex Plc

TIDMVCT

RNS Number : 2178J

Victrex PLC

28 March 2018

28 March 2018

Victrex plc

Update on Group Finance Director appointment

Victrex plc, an innovative world leader in high performance polymer solutions, today provides an update on its Group Finance Director position, further to the announcement of 5 December 2017.

Richard Armitage, currently Group Finance Director of Samworth Brothers, will join Victrex on 9 April 2018, initially as Group Finance Director-designate. Richard will work through an orderly transition with Louisa Burdett, Group Finance Director of Victrex, for three weeks, before joining the Board and becoming Group Finance Director on 1 May 2018. Louisa will step down from the Board and is expected to leave Victrex on 30 April.

Jakob Sigurdsson, Chief Executive of Victrex, said: "I am looking forward to welcoming Richard to Victrex. He joins at a good time for us, with a healthy core business, a strong pipeline of new products and a highly cash generative business model. I would also like to thank Louisa for her contribution to Victrex and the support she has given to me since joining the business. We all wish her well."

Enquiries:

Victrex plc:

   Andrew Hanson, Director of Investor Relations & Corporate Communications      +44 (0) 1253 898121 

Louisa Burdett, Group Finance Director +44 (0) 1253 897700

Jakob Sigurdsson, Chief Executive +44 (0) 1253 897700

About Victrex:

Victrex is an innovative world leader in high performance polymer solutions, focused on the strategic markets of Automotive, Aerospace, Energy (including Manufacturing & Engineering), Electronics and Medical.

Every day, millions of people rely on products or applications which contain our materials, from smartphones, aeroplanes and cars to oil & gas operations and medical devices. With over 35 years' experience, we are moving beyond the polymer into semi-finished and finished products which shape future performance for our customers and our markets, and drive value for our shareholders. Find out more at www.victrexplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

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