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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Stadium Grp. | LSE:SDM | London | Ordinary Share | GB0008375098 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 121.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSDM
RNS Number : 9201N
Stadium Group PLC
01 November 2016
Stadium Group plc
("Stadium", the "Company" or the "Group")
Directorate Change
Stadium Group plc (AIM: SDM), a leading supplier of wireless solutions, power supplies and electronic assemblies, announces the appointment of Rex Orton, ACA as Group Finance Director and Company Secretary, with immediate effect.
Rex was previously Finance Director of Latchways plc ("Latchways"), the designer and manufacturer of fall protection systems and access solutions. Latchways was listed on the Main Market of the London Stock Exchange until its sale for GBP124m to US listed MSA Safety Incorporated in October 2015. Rex was appointed to the board of Latchways plc in April 1999 and during his time with the company, held full board level responsibility for, among other things, all aspects of Finance, Investor Relations and IT. In addition, Rex had primary responsibility for the execution and integration of several successful acquisitions.
Rex qualified as a Chartered Accountant with Coopers & Lybrand and went on to become Group Financial Reporting Supervisor at Exxon Chemical / Esso Petroleum in 1992. In 1996, Rex became Financial Controller of Parker Bath Limited, a subsidiary of Sunrise Medical Inc., a US medical products company, before joining Latchways three years later.
Charlie Peppiatt, Chief Executive Officer of Stadium, said:
"We are delighted to welcome Rex to the Board as Group Finance Director. Rex is an experienced listed company finance director with an extensive appreciation of the exacting requirements facing ambitious and growing global companies in the design and manufacturing sectors. As we continue to increase the contribution of our Technology Products division by converting our growing forward order book, Rex's skill set will be particularly beneficial in ensuring that Stadium continues to enhance operational and financial robustness aligned to an enlarged international entity."
Additional Information:
Rex Alastair Orton, aged 50, holds no shares in the Company 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 Rules in respect of Mr Orton's appointment as a Director of the Company.
Rex is a director / partner or has been a director / partner of the following companies / partnerships during the previous five years:
Current directorships/partnerships Previously Director/Partner in the last 5 years None Latchways plc
For further information, please contact:
Stadium Group plc www.stadiuminvestors.com Charlie Peppiatt, Chief Tel: 01189 311 199 Executive Officer Walbrook PR Tel: 020 7933 8780 or stadium@walbrookpr.com Paul McManus Mob: 07980 541 893 Helen Cresswell Mob: 07841 917 679 N+1 Singer Tel: 020 7496 3000 Sandy Fraser Richard Lindley
About Stadium Group plc (www.stadiumgroupplc.com)
Stadium Group plc is a leading supplier of wireless solutions, power supplies and electronic assemblies with design and manufacturing operations in Europe and Asia. The Company consists of two divisions:
1. Technology Products (57% of H1 2016 revenues)
-- Wireless solutions - design, integration and manufacture of "machine-to-machine" ("M2M") and "Internet of Things" ("IoT") wireless solutions
-- Power Supplies (including Stontronics) - custom and standard power product solutions from 1W to 10kW
-- Human Machine Interface - intelligent "HMI" integrated solutions 2. Electronic Assembly (43% of H1 2016 revenues) - previously Electronic Manufacturing Services -- Electronic manufacturing services to global original equipment manufacturers
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
November 01, 2016 03:00 ET (07:00 GMT)
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