Ibstock PLC Chief Financial Officer Succession (3520J)

TIDMIBST

RNS Number : 3520J

Ibstock PLC

16 August 2019

16 August 2019

Ibstock plc

('Ibstock' or the 'Company')

Chief Financial Officer Succession

Ibstock plc announces that, further to the announcement of its CFO succession plan on 6 February 2019, and following his appointment to the Ibstock Board on 1 August 2019, Chris McLeish will be appointed as CFO of the Company with effect from 31 August 2019, on completion of the handover period with retiring CFO, Kevin Sims.

Kevin Sims, having completed over 30 years' service with the Group, will retire from the Board on the same date. Kevin will continue to be available to the Group until the year end.

Jonathan Nicholls, Chairman, Ibstock, said:

"Kevin has played a vitally important role in Ibstock's success. On behalf of my Board colleagues, I thank him for his immense contribution to Ibstock and wish him well in his retirement."

 
 Ibstock plc 
 Robert Douglas, Company Secretary    + 44 (0)1530 257 211 
 Robert Coates, Investor Relations 
  Director                            + 44 (0) 7880 486329 
 
   Citigate Dewe Rogerson 
 Kevin Smith                          + 44 (0)20 7638 9571 
 Nick Hayns 
 

Notes to Editors:

About Ibstock plc

Ibstock plc is a leading manufacturer of clay bricks and a diversified range of clay and concrete products, from its operations in the United Kingdom. Its principal products are clay bricks, brick components, concrete roof tiles, concrete substitutes for stone masonry, concrete fencing and pre-stressed concrete products.

The Group's two divisions are:

Ibstock Clay: The leading manufacturer by volume of clay bricks sold in the United Kingdom. With 19 manufacturing sites Ibstock Brick has the largest brick production capacity in the United Kingdom. It operates a network of 23 active quarries located close to its manufacturing plants. Ibstock Brick has recently commissioned a new soft mud brick manufacturing plant in Leicestershire that added approximately 100 million bricks (c.13%) to its brick production capacity per annum. Ibstock Kevington provides masonry and pre-fabricated component building solutions, operating from 5 sites across the UK.

Ibstock Concrete: A leading manufacturer of concrete roofing, walling, flooring and fencing products, along with lintels and general concrete building products, with 16 manufacturing plants in the United Kingdom.

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August 16, 2019 07:02 ET (11:02 GMT)