TCN Tricorn Group Plc

TIDMTCN

RNS Number : 0943Q

Tricorn Group PLC

16 June 2020

16 June 2020

Tricorn Group plc

("Tricorn" or the "Group")

Appointment of Group Finance Director

Tricorn Group plc (AIM: TCN.L), the AIM listed tube manipulation specialist, is pleased to announce the appointment of Michael Stock to the Board as Group Finance Director, with effect from 3 August 2020. He succeeds Phillip Lee who, as previously announced, will be stepping down from the Board and leaving the Company on 31 July 2020 for a new position.

Michael has over 25 years' experience in senior finance roles principally within the manufacturing sector. He joins Tricorn from Bromford Industries Limited, which manufactures precision components for the aerospace sector, where he was Chief Financial Officer for six years. Prior to that, he was Chief Financial Officer of LoneStar Group Limited, a manufacturer and distributor of specialty fasteners and gaskets to the oil & gas, power generation and petrochemical industries. Michael will also assume the role of Company Secretary on his appointment.

The Board takes this opportunity to thank Phillip for his significant contribution to Tricorn during his time as Group Finance Director and wishes him well in his new venture.

Andrew Moss, Chairman of Tricorn, commented :

"I am very pleased to welcome Michael to Tricorn. He brings significant financial and commercial experience of the manufacturing sector, and we are confident that he will be a valuable addition to the Board."

For further information please contact:

 
 Tricorn Group plc 
 Mike Welburn, Chief Executive     Tel +44 (0)1684 569956 
                                       www.tricorn.uk.com 
 
 Shore Capital 
 Tom Griffiths                   Tel + 44 (0)20 7408 4080 
  Henry Willcocks 
 

Notes to Editors:

Tricorn is a value-added manufacturer and specialist manipulator of pipe and tubing assemblies to niche markets worldwide.

Headquartered in Malvern, UK, Tricorn employs around 300 employees and has five manufacturing facilities in China, USA and UK.

Appendix - AIM Rule 17

Save for the information set out above and below, there are no further disclosures to be made in accordance with Rule 17, Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of Michael John Stock, aged 55. Mr. Stock does not hold an interest in the Company's share capital.

Current Directorships

Accrofab Limited

Aerocision Aerocomp India Private Limited

Bromford Group Limited

Bromford Holdings Limited

Bromford Industries Limited

Bromford Investments Limited

Bromford Management GP LLP

Bromford Midco Limited

Bromford Technologies Leicester Limited

Exodus 20 Limited

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END

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