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Directorate Resignation

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RNS Number : 8946R
Filtronic PLC
01 November 2019
 

 

 

 

1 November 2019

 

 

FILTRONIC PLC

("Filtronic", the "Company" or the "Group")

 

Director Resignation

 

Filtronic plc (AIM: FTC), the designer and manufacturer of antennas, filters and mmWave products for the wireless telecoms and critical communications markets, announces that the Company has agreed with Rob Smith that he will be resigning from his position as CEO after 5 years with the Company, with immediate effect. Reg Gott, existing Chairman of Filtronic will become Executive Chairman of the Group whilst the Company conducts a comprehensive search for its next Chief Executive, a further announcement will be made in due course.

 

Rob Smith commented: "I have greatly enjoyed my 5 years at Filtronic. It has been full of challenges with never a dull moment. However, having seen the company through a difficult past year and into clearer waters, I believe now is the time for me to seek fresh opportunities and to hand the baton over to someone else to take the company forward from here.

 

Reg Gott, Executive Chairman commented: "The Board would like to thank Rob for his support and dedication over the last 5 years, particularly during a very challenging last year for the Company. 

 

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

 

 

 

Enquiries:

Filtronic plc

Tel. 0113 220 0000 or [email protected]

Reg Gott (Executive Chairman)

Michael Tyerman (Finance Director)

Maura Moynihan (Company Secretary)

 

 

 

finnCap Ltd

Tel. 020 7220 0500

Jonny Franklin-Adams / Hannah Boros (Corporate Finance)

Alice Lane / Sunila de Silva (ECM)

 

 

 

Walbrook PR Limited

Tel. 020 7933 8780 or [email protected]

Nick Rome

Mob. 07748 325236

Paul Vann

Mob. 07768 807631

 

 


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Price: 10.845

Market: LSE
Market Cap: £23.05 m
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