Share Name Share Symbol Market Type Share ISIN Share Description
Nmcn Plc LSE:NMCN London Ordinary Share GB0006452857 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 230.00 220.00 240.00 230.00 230.00 230.00 4,011 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 404.7 7.4 57.4 4.0 24

NMCN PLC Appointment of CEO

28/01/2021 7:00am

UK Regulatory (RNS & others)

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From Jan 2021 to Apr 2021

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RNS Number : 0472N


28 January 2021

28 January 2021


("nmcn" or "the Company" or "the Group")

Appointment of new Chief Executive Officer

nmcn today announces the appointment of Lee Marks as a Director and Chief Executive Officer ("CEO") of the Company.

Lee will join nmcn in H1 2021 from NG Bailey Limited one of the UK's leading engineering and services business with a turnover of GBP573m (FY 20) and 3,200 employees, where he has been Group Commercial Director since May 2013. He has over 30 years' experience working in all areas of the construction industry. Prior to joining NG Bailey, he was a commercial director for FTSE 250 business Galliford Try, within its building's division. He has previously held director roles for companies including Laing O'Rourke plc and Crown House Technologies.

A further announcement confirming his commencement date will be made in due course.

Lee Marks, commented:

"I am delighted to be appointed Chief Executive of nmcn and am very much looking forward to working with my new colleagues, customers and stakeholders to unlock the special potential of the Group. nmcn is a strong business, well positioned in its chosen markets and operating in sectors that play a critical role for both the people and economy of the UK. It is an exciting opportunity to lead the next chapter, positioning the business for sustainable future growth and delivering for all stakeholders."

Ian Elliott, Acting Chairman, commented:

"We are looking forward to Lee joining the Group as CEO. His breadth of experience, particularly commercial and end-to-end process management, and leadership skills will strengthen the Executive team and enable it to empower, support and develop our talented workforce leveraging our potential more fully. We are confident that the new team under Lee's leadership will quickly move the group forward and rebuild value for our stakeholders."

nmcn Plc - 01623 515008

Ian Elliott, Acting Chairman

Robert Moyle, Acting Chief Executive

Notes and other disclosures under LR 9.6.13

   1.    Shareholding information 

Lee Marks does not currently have an interest in any ordinary shares in nmcn Plc.

   2.    Regulatory disclosures 

There are no further matters that are required to be disclosed under Listing Rule 9.6.13.

About nmcn

nmcn Plc (TIDM: NMCN) is a leading engineering and construction company in the UK. Its talented 2,000 strong workforce offers multi-sector engineering and construction skills, technical innovation, design and specialist fabrication.

The Company delivers major built environment and water industry project across the UK - from buildings and highways to large-scale water networks and treatment plants. With its history dating back to 1946, nmcn now has 12 UK offices and four off-site manufacturing facilities.

LEI number: 213800ANYQVA5OS51A68

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(END) Dow Jones Newswires

January 28, 2021 02:00 ET (07:00 GMT)

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