Specialist Energy Group

• 23/05/12

  Director appointments

• 15/05/12

  Issue of Equity

• 30/04/12

  Results of General Meeting

• 19/04/12

  Preliminary Unaudited Results

• 10/04/12

  Potential ?5million subscription and acquisition

• 

  11/04/12

  Specialist Energy Group's financing measures boost firm's potential in emerging markets

  Specialist Energy Group's proposed new financing measures mean its largest shareholder, MBE, will increase its stake to more than 40 per cent. CEO Ewan Lloyd-Baker emphasised this was not a takeover of the company but a strategic partnership.

• 

  10/04/12

  Specialist Energy Group shares surge on new financing moves including £5 mln placing at significant

  Shares in Specialist Energy Group surged this morning after it revealed important new financing arrangements and a placing to raise £5 million at a significant premium to the market price

• 

  08/11/11

  UPDATE: Specialist Energy Group CEO is “quietly confident” about the prospects for Hayward Tyler

  Specialist Energy Group chief executive Ewan Lloyd-Baker said he was “quietly confident” about the prospects for Hayward Tyler, the company’s main operating subsidiary as it was revealed order intake at HT rose 19 per cent to £25.4 million in the third quarter.

• 

  21/09/11

  Specialist Energy Group’s Ewan Lloyd-Baker expects stronger second half

  Yesterday the shares fell around 15 per cent as the group’s interims revealed the financial impact of delayed shipments. However, after overcoming the ‘one off’ supply chain problem at the root of the delays, chief executive Ewan Lloyd-Baker reckons the engineering firm is set for a better second half.

• 

  20/05/11

  Turnaround progress provokes bid interest in Specialist Energy

  Earlier this month Specialist Energy Group received bid approaches. And while they are yet to develop into a formal offer, the interest in the company underlines the progress of the company under boss Ewan Lloyd-Baker.  

• 15/05/12

  Specialist Energy raises £5mln through placing

• 19/04/12

  Specialist Energy's nuclear business starts to return post Fukushima

• 10/04/12

  Specialist Energy Group plans to raise £5 million and buy stake in engineering firm

• 01/02/12

  Specialist Energy Group rallies after 2011 order intake rises 5pct

• 08/11/11

  Specialist Energy Group CEO is “quietly confident” about the prospects for Hayward Tyler

•  

  22/09/2010

  Stocktube video - Ewan Lloyd-Baker of Specialist Energy Group talks about his company’s dramatic rise in earnings

  Ewan Lloyd-Baker, CEO of Specialist Energy Group, tells Proactive Investors how improved margins helped his company achieve a significant rise in earnings. He also explains why SEG’s new Indian investor could prove to be a strategic partner and why he believes the company remains undervalued
•  

  16/07/2010

  Stocktube video - Ewan Lloyd-Baker, CEO Specialist Energy Group on the recent strong trading update

  SEGR have continued to make advances in underlying gross and operating margins, and the company's trading performance is in line with market expectations.

Specialist Energy Group plc (SEG plc) is a niche engineering and manufacturing group. Through its main operating subsidiary Hayward Tyler Group Limited, the worldwide market leaders in boiler circulating pumps, its focus is on the energy sector. This sector covers a wide range of potential activities:

- conventional fossil fired power generation 

- nuclear power generation 

- oil and gas exploration particularly subsea 

- renewables (wind, hydro, tidal and wave powered).

The Directors of SEG plc are looking to develop the group through the continued organic growth of Hayward Tyler and through acquiring further energy related 'niche' engineering businesses.

SEG plc is the holding company for the main operating subsidiary company Hayward Tyler Group Limited.

Hayward Tyler was established in 1815 and almost 200 years later their engineering excellence places them at the forefront of pump and fluid-filled motor technology. Their products are custom designed and built to superior standards, ensuring endurance in demanding conditions.

The companies primary markets are Oil and Gas, Power Generation, Renewable Energy and Chemical Processing industries. Hayward Tyler Global Services support a diverse market base across the globe, through an integrated network of support systems. To find out more information about Hayward Tyler please CLICK HERE to view their website.

Acquisitions
Hayward Tyler reflects a number of our key acquisition criteria, namely:

    * Niche engineering with a focus on energy related markets
    * Strong operational management team
    * Profitable
    * Cash generative
    * Worldwide opportunities

Looking forward our acquisition criteria remain focused on identifying businesses which share similar attributes and characteristics to our core values of:

    * Integrity & ethics
    * Engineering excellence
    * Operational excellence
    * Customer satisfaction
    * Long term relationships
    * Employee recognition & expertise
    * Support & innovation

Businesses which display a combination of these values and a focus on the energy markets will be instrumental in helping SEG drive shareholder value and superior returns.

Directors

Ewan Lloyd-Baker - Chief Executive Officer
Ewan Lloyd-Baker has worked in corporate finance both as a principal and adviser for the past 15 years. He started his career at Arthur Andersen working in corporate recovery and corporate turnaround with a number of privately owned and publicly listed companies. As a principal he was part of the management team in a venture capital backed start up which was ultimately sold to Reuters. He then helped set up a FTSE100 corporate incubator before completing his Masters of Business Administration. Mr Lloyd-Baker is a partner in Lloyd-Baker & Associates, a merger and acquisition boutique and for the past nine years has focused on acquiring a number of companies on behalf of his clients in deals ranging from  1 million to  20 million with a particular focus on the engineering and manufacturing sectors. Mr Lloyd-Baker was responsible for finding the original Hayward Tyler opportunity, setting up Southbank, broking the deal, managing the finance raising process, floating Southbank on the CISX and then recruiting the new management team into Hayward Tyler.

Nicholas Flanagan - Finance Director 
Nicholas Flanagan is a graduate engineer from Imperial College and a Chartered Accountant having qualified with Coopers & Lybrand in 1987. Before joining Southbank in 2008 he spent the previous 14 years in the engineering and manufacturing sectors where he held a number of senior financial roles initially with Trafalgar House PLC followed by Kvaerner ASA and Jeyes Group Limited. Prior to that he spent 6 years in corporate treasury with Saatchi & Saatchi Company PLC. Mr Flanagan's experience includes financial planning and development, commercial and operational support, capital raising, change management, reporting, mergers and acquisitions and all aspects of treasury management including foreign exchange hedging.

John May - Non-Executive Chairman
John May is a principal of a boutique chartered accountancy practice, focusing on advising companies on finance raising, mergers and acquisitions, business strategies and entry onto PLUS Markets and AIM. He was previously a senior partner at Horwath Clark Whitehill, a UK accountancy firm, for 17 years, including 8 years on the managing board. Mr May is the policy director and deputy chairman of the Small Business Bureau Limited and deputy chairman of the Genesis Initiative, which are lobbying groups to Government on behalf of small businesses. He is also a Conservative Borough Councillor. Mr May qualified as a Chartered Accountant in 1974 having previously gained his DIA at the University of Bath Management School in 1970 and his BA from the University of London in 1969. He was previously Finance Director of AIM listed London & Boston Investments Plc and a Non-Executive Director of AIM listed Croma Group Plc.

Christopher Every - Non-Executive Director
Christopher Every comes from a background in sales and marketing to board level management and new technology development in engineered and technical products, for companies including Wiggins Teape Paper, Courtauld International Marine Paints plc, National Starch Corporation, and Williams Holdings plc. He moved from corporate management to consulting twenty years ago and has worked with major organisations including Michelin, Powergen plc, TXU Energy and national and local government. He also has extensive experience in building new businesses, including Enhance Biotech Inc. and Brimac Ltd. Most recently, Mr Every has served as the CEO of Enhance Biotech Inc. a biotech start-up, and is a board member for Brimac Environmental Group Ltd, an environmental business focused on the manufacture and application of carbon for filtration in the sugar refining and water treatment fields.

Ron Emerson - Non-Executive Director

Mr Emerson, a qualified engineer, started his career at British Steel Corporation, from which he moved to De La Rue Group and Bank of America. Mr Emerson has since held a number of senior roles in the banking sector, such as Director and General Manager Banking at Nomura Bank International and more recently, various senior management roles at Standard Chartered Bank ("SCB"), where he was a Member of the SCB Group Management Committee and Group Head of Corporate and Institutional Banking.

At present, Mr Emerson holds a number of Non-Executive Directorships, which include that of ACE European Group Limited, one of the largest property and casualty insurance companies worldwide, where he also is the Chairman of the Audit Committee. He is also a business adviser to House of Habib, a family owned conglomerate based in Pakistan with approximately 15,000 staff engaged in the manufacturing and retail businesses as well as the company's banking operation. Mr Emerson is also an active member of the Faculty of Management Studies at Oxford University and is the Senior Independent Non-Executive Director of Fairfield Energy plc, an oil and gas exploration company..

Mr Emerson holds a BSc in Mechanical Engineering from the University of Manchester, an MSc in Business Studies from the University of Durham and an MLitt in Organisational Strategic Change from the University of Oxford. Mr Emerson is an Associate Fellow of Green Templeton College, Oxford University, a Fellow of the Royal Society for the Arts where he was a founding member of the Tomorrow's Company project.

Updated from Specialist Energy Group website 19.03.2012

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