Cape plc Appointment of a new Non-Executive Director (5447M)

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RNS Number : 5447M

Cape plc

21 January 2016

News Release

21 January 2016

Cape announces the appointment of a new Non-Executive Director

Cape plc announces the appointment of Brian Larcombe as a non-executive director with effect from 21 January 2016.

Brian spent most of his career in private equity with 3i Group. After leading the UK investment business for a number of years, he became Finance Director ahead of its flotation on the London Stock Exchange and then Chief Executive from 1997 to 2004. Since his retirement from 3i, Brian has served on the boards of several private and public companies, including Gallaher Group Limited, F&C Asset Management PLC and gateGroup Holding AG. He is currently the senior independent director of Smith & Nephew plc and a director of Kodak Alaris Holdings Limited.

In accordance with the UK Listing Rules, the Company confirms that there are no further details that are required to be disclosed under paragraph LR 9.6.13 R of the UK Listing Rules in respect of Brian Larcombe.

Tim Eggar, Chairman of Cape plc commented:

Brian has extensive and international commercial experience, and I am delighted to welcome him to the Board.

About Cape:

Cape is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Cape provides a multi-disciplinary service offering including the traditional services of access, insulation, coatings and mechanical, and a range of specialist services including oil and gas storage tanks, heat exchanger replacement and refurbishment, and environmental services. Cape employs over 17,000 people working across 21 countries and in 2014 reported adjusted revenue of GBP698.3 million.

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Enquiries

Cape plc

Joe Oatley, Chief Executive [phone]

   Michael Speakman, Chief Financial Officer                                   [phone] 

Buchanan [phone]

Bobby Morse, Ben Romney, Helen Chan

This information is provided by RNS

The company news service from the London Stock Exchange

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January 21, 2016 02:00 ET (07:00 GMT)