12 December 2024
SIGMAROC
PLC
('SigmaRoc', the 'Group'
or the
'Company')
CFO
Succession
Further to the announcement dated 30
July 2024, SigmaRoc, a leading European lime and minerals group, is
pleased to provide an update on the CFO Succession
process.
Jan van Beek, the Company's Deputy
Chief Financial Officer, will be appointed as Chief Financial
Officer and a Director of the Company on 1 January 2025. Garth
Palmer will step down from his role as Chief Financial Officer and
as a Director of the Company on 31 December 2024, having
successfully facilitated an orderly handover to Jan over the last
number of months.
Chairman, David Barrett, on behalf
of the SigmaRoc Board, added:
"We would like to thank Garth for
his dedication to the Group over the last eight years. Without his
tenacity, professionalism, rigour and Australian no nonsense
approach, this Group would not have been able to deliver what it
has to date. We will be sad to see Garth depart and wish him the
very best for the future.
"We also congratulate Jan, who
joined in May, on his upcoming appointment as CFO of the Group. Jan
was selected following a rigorous external search process involving
the Group's nominations Committee and its founders. Jan brings a
wealth of experience and above all the can-do attitude which this
Group so much appreciates in its key team members. We look forward
to continuing the journey with Jan."
Information on the Company is
available on its website, www.sigmaroc.com.
For
further information, please contact:
|
SigmaRoc plc
Max Vermorken (Chief Executive
Officer)
Garth Palmer (Chief Financial
Officer)
Tom Jenkins (Head of Investor
Relations)
|
Tel: +44 (0) 207 002 1080
ir@sigmaroc.com
|
|
Panmure Liberum (Nomad and Co-Broker)
Scott Mathieson / John More / Dru
Danford
Deutsche Numis (Co-Broker)
Richard Thomas / Hannah
Boros
|
Tel: +44 (0) 203 100 2000
Tel: +44 (0) 20 7260 1000
|
|
Teneo (Public Relations)
Olivia Peters / Harry Cameron /
Camilla Cunningham
|
Tel: +44 (0) 207 353
4200
|
About SigmaRoc
SigmaRoc is a quoted European lime
and minerals Group.
Lime and limestone are key resources
in the transition to a more sustainable economy. New applications
for lime and limestone products as part of a drive for
sustainability include the production and recycling of lithium
batteries, the decarbonisation of construction including through
substitution of cementitious material and new building materials,
and environmental applications including lake liming, air pollution
and direct air capture.
SigmaRoc invests in and acquires
businesses in the lime and minerals sector. The principal activity
of the Group is the production of lime and minerals products. The
Group's aim is to create value for shareholders through the
successful execution of its strategy in the lime and minerals
sector.
The Group seeks to acquire high
quality and well managed quarried materials assets in the lime and
minerals sector, which provide a strong operating platform,
diversified income streams and stable cash flows in order to grow
the Group.
SigmaRoc seeks to create value by
purchasing assets in fragmented markets and extracting efficiencies
through active management and by forming the assets into larger
groups. It seeks to de- risk its investments through the selection
of projects with strong asset backing. The Group seeks to implement
operational efficiencies that improve safety, enhance productivity,
increase profitability and ultimately create value for
Shareholders.
Further information on Jan van Beek
In accordance with Schedule 2 (g) of
the AIM Rules for Companies, Jan van Beek, aged 54, is, or has
been, a director or partner of the following companies or
partnerships during the last 5 years:
Current Directorships
Stream Beheer BV
Former Directorships
Westlake Epoxy BV
Westlake Epoxy Holding BV
Jan currently holds 92,000 ordinary
shares of 1 pence each in the capital of the Company.