TIDMMCON

RNS Number : 4105P

Mincon Group Plc

29 May 2018

29 May 2018

MINCON GROUP PLC

("Mincon" or the "Company")

Director Appointment

Mincon (ESM:MIO AIM:MCON), the Irish engineering group specialising in the design, manufacture, sale and servicing of rock drilling tools and associated products, announces the appointment of Jussi Rautiainen as a non-executive director of the company with immediate effect.

Jussi joined Mincon in January 2017 from Robit Rocktools Ltd., where he had served as chief executive officer from 2005 until 2016. Mr Rautiainen served as SVP for Business Development with Mincon and was instrumental in the establishment of our Mincon Nordic subsidiary and its subsequent expansion through the recent acquisitions of PPV, Viqing and Driconeq. Following this build-out of the Mincon Nordic platform, Jussi will step down from his business development position on the senior management team and has been invited to join the board of the Company as a non-executive director.

Prior to his career at Robit, Jussi held international management positions at Huhtamäki Oyj and UPM Kymmene Corporation. Mr. Rautiainen holds a bachelor of Economics degree and has also an Executive Master of Business Administration degree.

Patrick Purcell, Chairman of Mincon, commented: "I am pleased to welcome Jussi to the Board of Mincon. Since joining Mincon in 2017, the Company has benefitted hugely from his extensive international experience and deep knowledge of the drilling consumables sector. He will be a valuable addition to the board and we look forward to continuing to work with him to grow the Mincon business."

 
 For further information, 
  please contact: 
 Mincon Group plc 
 Joe Purcell, Chief         Tel: + 353 (61) 361 099 
  Executive Officer 
 
 Davy Corporate Finance (Nominated Adviser 
  and ESM Adviser) 
 Anthony Farrell             Tel: +353 (1) 679 6363 
 Daragh O'Reilly

ADDITIONAL INFORMATION:

Mr Jussi Rautiainen (age 53) holds 152,251 Ordinary Shares of Mincon Group plc, and, other than as set out below, there is no further information to be disclosed under schedule 2(g) and Rule 17 of the AIM and ESM Rules in respect of Mr Rautiainen's appointment as a Non-Executive Director.

Mr Rautiainen is, or has been, a director of the following companies during the previous five years:

 
 Current Directorships:     Previous Directorships: 
 -                          Robit plc

ENDS

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END

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