Judges Scientific PLC Appointment of Director and Board transition (0281V)
October 31 2017 - 3:00AM
UK Regulatory
TIDMJDG
RNS Number : 0281V
Judges Scientific PLC
31 October 2017
JUDGES SCIENTIFIC plc
("Judges Scientific", "Judges" or "the Group")
Appointment of Director and Board transition
31 October 2017
Judges Scientific, a group involved in the buy and build of
scientific instrument businesses, announces the appointment of Mark
Lavelle as Director and Chief Operating Officer designate with
effect from 15 November 2017. David Barnbrook will be retiring from
his position as Director and Chief Operating Officer on 31 December
2017.
Mark brings with him significant industry and operational
experience acquired during 15 years at Halma Plc, a FTSE 250
Specialist Manufacturing Group. At Halma he worked in a variety of
roles across the group including as chief executive of the
Industrial Safety Division, where he was responsible for the
running of eight independent companies generating revenues in
excess of GBP50 million. Mark studied chemistry at Cambridge
University and business at INSEAD, and his career to date has
included spells at Perkin Elmer in sales and Bank of America in
corporate finance before joining Halma Plc.
Commenting on the appointment, Alex Hambro, Chairman of Judges,
said:
"On behalf of the Board and everyone at Judges Scientific, I
wish to thank David for his dedication and invaluable contribution
to the Group's development over the past 12 years. David has been
involved across the entire Group first as MD of Fire Testing
Technology, then as COO which included standing in as MD of a
number of the Group's companies.
"We are also delighted to welcome Mark to the Board. His
experience at Halma as divisional chief executive for five years
will be particularly relevant to his mission within our Group."
For further information please contact:
Judges Scientific
David Cicurel, CEO Tel: +44 (0) 203 829 6970
Brad Ormsby, Group FD
Shore Capital (Nominated Adviser & Broker)
Stephane Auton Tel: +44 (0) 20 7408 4090
Edward Mansfield
Abchurch (Financial Public Relations)
Julian Bosdet Tel: +44 (0) 20 7398 7714
Dylan Mark www.abchurch-group.com
Alejandra Campuzano
Regulatory Information
Mark Stephen Lavelle, aged 59, currently holds, and has held
(including all appointments during the five years preceding the
date of this announcement), the following directorships and
partnerships, other than of the Company:
Current Directorships
None
Past Directorships
Advanced Electronics Limited
Aquionics Inc.
Castell Safety China Ltd.
Castell Safety International Limited
CEF Safety Systems B.V.
Fortress Interlocks Limited
Halma India
Hanovia Limited33
Palintest Limited32
Perma Pure India
Pixelteq, Inc.
Serv Trayvou Interverrouillage
Smith Flow Control Limited
Sonar Research & Development Limited
Swift 943 Limited
Tritech International Limited
Tritech Holdings Limited
Ulvertech Engineering Limited
Mark Lavelle has confirmed that there is no other additional
information to be disclosed under Schedule 2 (g) of the AIM
Rules
Notes to editors:
Judges Scientific plc (AIM: JDG), is a group involved in the buy
and build of scientific instrument businesses. The Group currently
consists of 16 businesses acquired since it was re-admitted to AIM
in 2005. The acquired companies are primarily UK-based with
products sold worldwide to a diverse range of markets including
higher education institutions, the scientific communities,
manufacturers and regulatory authorities. The UK is a recognised
centre of excellence for scientific instruments. The Group
companies have been awarded five Queen's Awards for innovation and
export.
Judges Scientific maintains a policy of selectively acquiring
businesses that generate sustainable profits and cash. Shareholder
returns are created through the repayment of debt, organic growth
and dividends.
The Group's companies predominantly operate in niche end
markets, with long term growth fundamentals and resilient
margins.
For further information, please visit www.judges.uk.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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