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26 March 2015
Polypipe Group plc ("the Company")
Appointment of New Chairman
As set out in the Prospectus dated 11 April 2014, Alan Thomson intends to stand down after the Company's first Annual General Meeting ("AGM") on 27 May 2015. The Board has completed a process to appoint Mr Thomson's successor and announces that Ron Marsh, the Senior Independent Director, will be appointed Chairman, with effect from the conclusion of the Company's AGM.
Ron Marsh was appointed to the Board of Polypipe Group plc on 28 March 2014. Mr Marsh is also a non-executive director of British Polythene Industries plc and was, from 1989 until 2013, Chief Executive of RPC Group. Mr Marsh is also Chairman of the UK based Packaging Federation.
David Hall, CEO said:
"I am very pleased that Ron has agreed to step up to the Chairman role, he brings a wealth of industrial experience to the Board. As Senior Independent Director he is very familiar with our business and I look forward to working with him as Polypipe develops as a public company. I would like to thank Alan for his invaluable guidance as Chairman over the last seven years."
Ron Marsh said:
"I am delighted to be taking over as Chairman of Polypipe. It is a great business and is well placed to take advantage of the opportunities for growth available to it. I am indebted to Alan for guiding the company successfully through its IPO last year and positioning the company for success."
Enquiries:
Polypipe Group plc +44 (0) 1709 770 000
Peter Shepherd, Chief Financial Officer
Brunswick +44 (0) 2074 045 959
Mike Smith
Simon Maine
23 November 2015
Polypipe Group plc
Board Change
Polypipe Group plc ("the Company"), a leading manufacturer of plastic piping systems for the residential, commercial, civils and infrastructure sectors, announces that Peter Shepherd, Chief Financial Officer, has informed the Board of his intention to retire from the Group.
Peter wishes to retire close to his 60th birthday which falls during July 2016, after over 10 years with the Company, having joined in his current role, in January 2006.
We are pleased to announce that Martin Payne will succeed Peter Shepherd as Chief Financial Officer and a member of Polypipe's Board on a date yet to be determined, which will allow Martin to fulfil his existing contractual obligations and provide an effective handover period with Peter.
Martin has served as Group Finance Director at Norcros plc, a leading supplier of branded showers, taps, bathroom accessories, tiles and adhesives, since March 2011. He is a Fellow of the Chartered Institute of Management Accountants and his previous experience includes holding senior financial positions at JCB, the construction equipment manufacturer, and at IMI plc, the British-based engineering company. Prior to this, Martin spent six years as Finance Director at H&R Johnson Tiles Ltd.
David Hall, CEO said:
"I would like to thank Peter for his support and significant contribution to Polypipe. He has been instrumental in the business' tremendous progress over the last decade and in the successful transition to public listing. We wish him well in his retirement which is thoroughly deserved.
I am very pleased to welcome Martin onto our Board. His enthusiasm, financial and operational skills together with his experience of working in public listed companies will be a great asset. We look forward to working with him as Polypipe continues to develop."
The following information is required to be disclosed pursuant to paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority. Martin Payne holds the following directorship in a publicly quoted company in the previous five years:
• Norcros plc: 18th March 2011 to current
There is no other additional information which is required to be disclosed pursuant to paragraph LR9.6.13R.
Enquiries:
Polypipe +44 (0) 1709 770 000
David Hall, Chief Executive Officer
Brunswick +44 (0) 2074 045 959
Mike Smith
Nina Coad
Notes to Editors:
Polypipe is the largest manufacturer in the United Kingdom, and among the ten largest manufacturers in Europe, of plastic pipe systems for the residential, commercial, civils and infrastructure sectors by revenue. The recently acquired Nuaire business is a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 19 facilities in total, and with over 20,000 product lines, manufactures the United Kingdom's widest range of engineered plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK, French and Irish building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
Polypipe Group plc
24 May 2017
David Hall, Chief Executive Officer, to retire and to be succeeded by Martin Payne, Chief Financial Officer
Polypipe Group plc ("Polypipe" or the "Group") a leading manufacturer of plastic piping and ventilation systems for the residential, commercial, civils and infrastructure sectors, today announces that David Hall has decided to retire from Polypipe and his role as Chief Executive Officer (CEO), effective 2 October 2017. He will be succeeded by Martin Payne, currently Polypipe's Chief Financial Officer (CFO).
David has been the Chief Executive Officer of the Company since 2005, leading Polypipe's strategy and playing an integral role in the Group's growth and development, including its successful listing on the London Stock Exchange in 2014.
Martin has been the Chief Financial Officer at Polypipe Group plc since May 2016. Previously, Martin served as Group Finance Director at Norcros plc, a leading supplier of branded showers, taps, bathroom accessories, tiles and adhesives. He is a Fellow of the Chartered Institute of Management Accountants and his previous experience includes holding senior positions at JCB, the construction equipment manufacturer, and at IMI plc, the British-based engineering company.
Polypipe is also pleased to announce today the appointment of Glen Sabin to a newly created position of Chief Operating Officer, effective 2 October 2017. In this role, Glen will be responsible for the operations of the Group, reporting to Martin, and will sit on the Board. Glen has been a member of the Executive Committee since 2005, most recently as Divisional Head of Polypipe's UK plumbing and drainage businesses since January 2014 and prior to that as Managing Director of its Civils business from 2004. He has 40 years' experience in the construction sector starting as an engineer with George Wimpey and 22 years with Marshalls plc.
A process to appoint a replacement Chief Financial Officer is underway. Martin will continue to oversee the finance function until a permanent successor is appointed.
Ron Marsh, Chairman, said:
"David has played a pivotal role in building Polypipe into the successful business it is today and, on behalf of the Board, I would like to thank him for his invaluable contribution to the business and wish him the very best for the future. The Board conducted a thorough search for his successor, using third party advisers and including external candidates, and agreed that Martin was the outstanding choice. His leadership, financial and operational skills, together with his significant experience of public markets and manufacturing of building products, are a great asset to the Company. In Martin and Glen we have a very high calibre leadership team to take Polypipe forward."
David Hall, Chief Executive Officer, said:
"It has been a huge privilege to lead Polypipe over the past 12 years through both private ownership and a successful stock market listing in April 2014. I am extremely proud of the people within Polypipe and what they have achieved and am confident that shareholders can continue to rely on their capability and enthusiasm going forward. I am delighted that the Board has decided that Martin should succeed me as CEO and that Glen will join the board as COO. Together they have deep knowledge of the business and the industry, possessing the skills and expertise to drive the future development of Polypipe."
Martin Payne, Chief Financial Officer, said:
"I am honoured and delighted to have been chosen to lead Polypipe through the next phase of its development. We have talented and committed people across the Group, and I am excited to be working with them to build on the success achieved over recent years."
There is no information required to be disclosed in accordance with Listing Rule 9.6.13.
This announcement contains information, which prior to its disclosure, was considered inside information for the purposes of Article 7 of Regulation (EU) No. 596/2014 (MAR).
For further information, please contact:
Polypipe +44 (0) 1709 770 000
David Hall, Chief Executive Officer
Martin Payne, Chief Financial Officer
Brunswick +44 (0) 20 7404 5959
Mike Smith
Will Rowberry
A copy of this announcement will be available on our website http://ir.polypipe.com today from 0700hrs (BST).
Notes to Editors:
Polypipe is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 20 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK, French and Irish building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
27 September 2017
Polypipe Group plc
Chief Financial Officer Appointment
Polypipe Group plc ("Polypipe" or the "Group"), a leading manufacturer of plastic piping and ventilation systems for the residential, commercial, civils and infrastructure sectors, is pleased to announce the appointment of Paul James as Chief Financial Officer and a member of the Polypipe Board on or before 2 April 2018. Paul succeeds Martin Payne, who will assume the role of Chief Executive Officer on 2 October 2017, as previously announced on 24 May 2017. Martin will continue to oversee the Group finance function until Paul joins.
Paul has served as Group Financial Controller of Dixons Carphone plc since 2014, and prior to this role he held the position of Group Financial Controller and Treasury Director of Inchcape plc and senior financial positions at British American Tobacco plc. He is a Fellow of the Institute of Chartered Accountants in England and Wales.
Martin Payne, Chief Executive Officer Designate, said:
"I am very pleased to welcome Paul onto the Board. His financial and operational skills, together with his experience of working in public companies will be a great asset. I look forward to working with Paul to lead Polypipe through its continued development."
There is no information which is required to be disclosed pursuant to paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority.
Enquiries:
Polypipe +44 (0) 1709 770 000
Martin Payne, Chief Executive Officer Designate
Brunswick +44 (0) 2074 045 959
Will Rowberry
Notes to Editors:
Polypipe is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 20 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK, French and Irish building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
26 January 2018
Polypipe Group plc
Chief Financial Officer Appointment
Further to the announcement on 27 September 2017, Polypipe Group plc ("Polypipe" or the "Company"), confirms that Paul James will join the Company as Chief Financial Officer and a member of the Polypipe Board on 5 March 2018.
Paul has served as Group Financial Controller of Dixons Carphone plc since 2014, and prior to this role he held the position of Group Financial Controller and Treasury Director of Inchcape plc and senior financial positions at British American Tobacco plc. He is a Fellow of the Institute of Chartered Accountants in England and Wales.
Enquiries:
Polypipe
Martin Payne, Chief Executive Officer +44 (0) 1709 770 000
Notes to Editors:
Polypipe is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 20 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK, French and Irish building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
8 June 2018
Polypipe Group plc
Non-Executive Director Appointment
Polypipe Group plc ("Polypipe"), a leading manufacturer of plastic piping and ventilation systems for the residential, commercial, civils and infrastructure sectors, is pleased to announce the appointment of Louise Hardy as a Non-Executive Director with effect from 25 June 2018.
Louise has over 25 years' experience in the construction sector, including working for Laing O'Rourke as Infrastructure Director within CLM, the consortium delivery partner for the Olympic Delivery Authority for the London 2012 Olympics. Louise has also worked at Bechtel Limited, AECOM and London Underground Limited. Louise is a Fellow of the Institution of Civil Engineers and a Fellow of the Chartered Management Institute.
Louise currently holds Non-Executive Director roles at Crest Nicholson Plc, Sirius Minerals plc, North West Cambridge Development as well as Ebbsfleet Development Corporation, a non-departmental public body sponsored by the Department for Communities and Local Government.
Ron Marsh, Chairman, said:
"I am very pleased to welcome Louise to the Board. Her wealth of experience in civil engineering and in delivering large scale projects will be a great asset and will complement the broad range of skills of the current Board members. I look forward to working with Louise as we continue to lead Polypipe through its strategic development plans."
There is no information which is required to be disclosed pursuant to paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority.
Enquiries:
Polypipe
Martin Payne, Chief Executive Officer +44 (0) 1709 770 000
Emma Versluys, Company Secretary +44 (0) 1709 770 000
Notes to Editors:
Polypipe is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 17 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
28 January 2019
Polypipe Group plc
Board Committee changes
Polypipe Group plc ("Polypipe") announces that with effect from 1 February 2019, Moni Mannings will step down as Chair of the Remuneration Committee but will remain a member of the Committee. Louise Hardy has been appointed as Chair of the Remuneration Committee with effect from the same date.
This announcement is made in accordance with the requirements of Listing Rule 9.6.11.
Enquiries:
Emma Versluys, Company Secretary +44 (0) 1709 770 000
Notes to Editors:
Polypipe is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 17 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
16 September 2019
Polypipe Group plc
Non-Executive Director changes
Polypipe Group plc, a leading manufacturer of plastic piping and ventilation systems for the residential, commercial, civils and infrastructure sectors, is pleased to announce the appointment of Dr Louise Brooke-Smith OBE and Lisa Scenna as Non-Executive Directors with effect from 24 September 2019.
Louise has extensive professional expertise and knowledge of the land, property, construction and infrastructure industry in the UK and overseas, being an experienced property and planning advisor, past Global President of the Royal Institution of Chartered Surveyors and member of the Royal Town Planning Institute. Louise was formerly a partner at Arcadis LLP and is currently Global Development and Strategic Planning Advisor for Consilio Strategic Consultancy Limited. Louise is currently a governing board member of Birmingham City University, Chair of the Board of All We Can (Relief & Development Agency), a regional Board member of Midlands CBI, a Board Trustee of the Land Trust and a Trustee of Birmingham Museum & Art Gallery.
Lisa has over 20 years' business experience working at executive director level in large multinational corporations both private and publicly listed with a strong background in strategic and financial business change. Lisa is a member of the Australian Institute of Company Directors and a Chartered Accountant. Lisa's most recent executive role was with the Morgan Sindall Group as Managing Director of MS Investments, and prior to this she held executive roles with Laing O'Rourke, having led their infrastructure investing activities globally, and Stockland Group and Westfield Group in Australia. Lisa has been a director of various public private partnerships, most recently as the Deputy Chair PIDG.
In addition, Moni Mannings will step down as a Non-Executive Director on 26 November 2019, having served as a Non-Executive Director since the Company's IPO in 2014. The Board would like to thank Mrs Mannings for her valuable contribution over nearly six years and wishes her well in her future endeavours.
There is no information which is required to be disclosed pursuant to paragraph LR9.6.13R of the Listing Rules of the Financial Conduct Authority.
Enquiries:
Emma Versluys, Company Secretary +44 (0) 1709 770 000
Notes to Editors:
Polypipe Group plc ("Polypipe", the "Company" or the "Group"), a leading provider of sustainable water and climate management solutions for the built environment, is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 18 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy, the Netherlands and the Middle East and sales to specific niches in the rest of the world.
22 June 2020
Polypipe Group plc
Non-Executive Director changes
Polypipe Group plc, a leading provider of sustainable water and climate management solutions for the built environment, is pleased to announce the appointment of Kevin Boyd as a Non-Executive Director with effect from 22 September 2020. Kevin will Chair the Audit Committee and be a member of the Nomination and Remuneration Committees.
Kevin is a senior finance executive with an engineering and manufacturing sector background, with extensive listed plc experience, bringing a strong combination of financial, strategic and multi-organisational expertise. He is currently the Chief Financial Officer of global engineering group Spirax-Sarco Engineering plc and has indicated his intention to retire from this role before the end of 2020. Kevin was previously Group Finance Director for Oxford Instruments plc, and prior to that, Group Finance Director of Radstone Technology plc. He also previously held senior finance positions within Siroyan Ltd and the TI Group (now Smiths Group plc). Kevin is a Chartered Engineer, a Chartered Accountant and a Fellow of the Institute of Chartered Accountants and the Institution of Engineering and Technology.
Paul Dean will step down as a Non-Executive Director on 6 August 2020, having served as a Non-Executive Director since the Company's IPO in 2014. The Board would like to thank Mr Dean for his valuable contribution over the last six years and wishes him well in his future endeavours.
As a result of Mr Dean's impending retirement from the Board, Mark Hammond has been appointed as the Senior Independent Director with immediate effect. Louise Brooke-Smith will assume the role of the designated employee engagement NED in Mr Hammond's place, also with immediate effect.
Information required under LR9.6.13R
Mr Boyd is currently an executive director of Spirax-Sarco Engineering plc, a company listed on the London Stock Exchange, and a Non-Executive Director and Audit Committee Chair of EMIS Group plc, an AIM listed company. Mr Boyd was also an executive director of Oxford Instruments plc, a company listed on the London Stock Exchange, from August 2006 to April 2016. There are no other publicly listed companies in which Mr Boyd has held directorships in the last five years. There is no other information concerning Mr Boyd which requires notification under LR9.6.13R of the Listing Rules of the UK Listing Authority.
Enquiries:
Emma Versluys, Company Secretary +44 (0) 1709 770 000
Notes to Editors:
Polypipe Group plc ("Polypipe", the "Company" or the "Group"), a leading provider of sustainable water and climate management solutions for the built environment is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 19 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy, the Netherlands, Ireland and the Middle East and sales to specific niches in the rest of the world.
17 July 2020
Polypipe Group plc
Non-Executive Director update
Polypipe Group plc (the "Group"), a leading provider of sustainable water and climate management solutions for the built environment, confirms that further to the Group's announcements on 22 June and 7 July 2020, Paul Dean will step down from his position as a Non-Executive Director and Audit Committee Chair following the publication of the Group's interim results on 15 September 2020.
Enquiries:
Emma Versluys, Company Secretary +44 (0) 1709 770 000
Notes to Editors:
Polypipe Group plc (the "Group"), a leading provider of sustainable water and climate management solutions for the built environment is the largest manufacturer in the UK, and among the ten largest manufacturers in Europe, of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient ventilation systems in the UK.
The Group operates from 19 facilities in total, and with over 20,000 product lines, manufactures the UK's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK and European building and construction markets with a presence in Italy, the Netherlands, Ireland and the Middle East and sales to specific niches in the rest of the world.
