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Directorate Change





RNS Number : 1410R
Genuit Group PLC
27 February 2023
 

27 February 2023

Genuit Group plc

Non-Executive Director Appointment

Genuit Group plc (“Genuit”, the “Company” or the “Group”), a leading provider of sustainable water and climate management solutions for the built environment, is pleased to announce the appointment of Shatish Dasani as a Non-Executive Director and Audit Chair Designate with effect from 1 March 2023, and Audit Committee Chair with effect from 7 March 2023. Shatish will also be a member of the Nomination and Remuneration Committees.

Shatish Dasani is an experienced former FTSE Chief Financial Officer and current Audit Committee Chair of UK publicly listed companies, with a career in financial roles spanning over 30 years. He was previously Chief Financial Officer of TT Electronics plc, a global manufacturer of electronic components and Forterra plc, a manufacturer of building products for the UK construction industry. Mr Dasani was previously Non-Executive Director of Camelot Group plc and Public Member at Network Rail, and his historic and current experience within the construction industry, manufacturing, and engineering sectors as well as finance experience brings further invaluable knowledge, experience and skills to the Board.

 

Information required under LR9.6.13R

 

Mr Dasani is currently Senior Independent Director and Chair of the Audit & Risk Committee of Renew Holdings plc, and Non-Executive Director and Audit & Risk Committee Chair of SIG plc and Speedy Hire plc, all listed on the London Stock Exchange. He is also a Trustee and Board Chair at UNICEF UK, the children’s charity. He was previously an executive director of Forterra plc from 2015, which listed on the London Stock Exchange in April 2016, and he held this role until December 2019. There are no other publicly listed companies in which Mr Dasani has held directorships in the last five years. There is no other information concerning Mr Dasani which requires notification under LR9.6.13R of the Listing Rules of the UK Listing Authority.

 

 

Enquiries

 

Emma Versluys                                                             +44 (0)1138 315315  

Group Legal Counsel & Company Secretary         

 

Notes to Editors:

Genuit Group plc (“Genuit”, 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 piping systems for the residential, commercial, civils and infrastructure sectors by revenue. It is also a leading designer and manufacturer of energy efficient solutions in water-based heating systems in the UK.

 

The Group operates from 30 facilities in total and manufactures the UK’s widest range of solutions 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 Netherlands, and sells to specific niches in the rest of the world.

 

Genuit Group plc changed its name from Polypipe Group plc on 6 April 2021. The Group was established in 1980 and has been listed on the premium segment of the London Stock Exchange since 2014.

 

 

 

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