Directorate Change

 

TIDMSWP 
 
RNS Number : 1753H 
SWP Group PLC 
16 February 2010 
 

                     SWP Group plc ("SWP" or the "Company") 
 
                            Appointment of Director 
 
The Company is pleased to announce today the appointment of Mr Colin Stott to 
the Board of SWP as Director effective immediately. 
 
Colin is an executive Director and is the Managing Director of the Crescent, DRC 
and Ulva businesses. He completed his engineering apprenticeship with BICC and 
has twenty years international general management experience with companies 
including GEC Alsthom, Bunzl/Filtrona and in private equity. He has operated 
from bases in the UK, USA and Canada. 
 
Colin joined SWP as a consultant on the 1st October 2006 and initially spent 18 
months restructuring, modernising and developing the DRC Polymer and Crescent of 
Cambridge businesses before assuming control over these operations as Managing 
Director and also the newly acquired Ulva brand based in Telford, Shropshire. 
More recently he has developed a cohesive international plan for the 
globalisation of Ulva's oil, gas and petrochemical business throughout Asia, 
Europe, United States and South America. We anticipate Colin will continue to 
make a substantial contribution to the Group's organic growth and increased 
profitability. 
 
Further information on Colin Stott is contained in the Appendix below. 
 
Alan Walker, Executive Chairman of the Group, commented: 
 
"We are particularly pleased to appoint Colin to our parent Board of Directors. 
He has key responsibility to focus on the rapid global development of our Ulva 
brand during a strong phase of international expansion within the oil, gas and 
petrochemical industries. His invaluable experience as a professional 
international business operator has and will continue to reinforce management 
skills across the Group and we are very fortunate to have secured his services 
at this pivotal time in our development". 
 
For further information please contact: 
 
SWP Group plc 
David Pett/Alan Walker 01353 723270 
 
Appendix 
 
Colin Andre Stott (aged 45) currently holds the following directorships and has 
not held any previous directorships within the last five years : 
 
Milla Management Services Ltd 
Crescent of Cambridge Limited 
DRC Polymer Products Limited 
Ulva Insulation Systems Ltd 
 
Colin Stott currently has no shareholding nor options in the Company. 
 
Other than as set out above, Mr. Stott has confirmed that there is no further 
information required to be disclosed under paragraph (g) of Schedule 2 of the 
AIM Rules. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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