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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sepura | LSE:SEPU | London | Ordinary Share | GB00B1ZBLD47 | ORD GBP0.0005 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSEPU
RNS Number : 2346N
Sepura PLC
24 October 2016
24 October 2016
SEPURA PLC
Chairman and Interim Chief Executive Officer appointed
Sepura PLC (LSE: SEPU, "the Group"), a leading global provider of critical communications solutions, has appointed Alan Lovell as Chairman and David Barrass as Interim Chief Executive Officer, both with immediate effect.
Alan has held a number of roles as chairman, chief executive and finance director with a wide range of listed and private companies including Tamar Energy Limited, Infinis Limited, Jarvis plc, Dunlop Slazenger Group and Costain Group PLC. He qualified as a chartered accountant with Price Waterhouse.
David has held a number of chief executive roles as well as non-executive positions. These include working across a range of companies whilst an operating partner at Baird Capital, and as chief executive at ArmorGroup International PLC and The Royal Mint.
Alan is succeeding Russell King who, as announced on 16 August 2016, notified the Board that he intended to step down once a replacement had been appointed. David's appointment reflects the extended period of absence being taken by Gordon Watling, the Chief Executive Officer, on medical advice, as announced on 14 September 2016.
Richard Smith reverts to his role as Chief Financial Officer having previously also been Acting Chief Executive Officer.
Nigel Smith, Non-Executive Director, commented:
"I am delighted that both Alan and David are joining the business today. They bring extensive experience and expertise to build on our excellent products and premier technologies.
"Their leadership will be invaluable to the Board and senior management team as we continue to focus on converting our strong pipeline of sales opportunities, reducing costs and improving cash generation."
There are no other disclosures to be made pursuant to Listing Rule 9.6.13 other than as set out in the appendix to this announcement.
For information please contact:
Sepura Nigel Smith - Non-Executive Director +44 (0) 1223 694751 Instinctif Partners Adrian Duffield/Kay Larsen/Chantal Woolcock +44 (0) 20 7457 2020
Appendix
Alan Lovell was a director of Conder UK Limited which went into receivership in September 1992.
David Barrass was a director of Presentation Services Group Limited and its subsidiary PSL Quorum Management Limited which went into administration in July 2004.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOALFFSLIELVFIR
(END) Dow Jones Newswires
October 24, 2016 02:00 ET (06:00 GMT)
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