t
The Alumasc Group PLC announced on 28 August 2026 that it has terminated the employment of CEO Pamela Bingham with immediate effect, following findings from a full independent investigation. Vijay Thakrar will continue in his role as Interim Executive Chair.
| Date | 28 Aug 2026 |
| Time | 16:14:40 |
| Category | Corporate updates |
| ID | 6856S |
28 August 2026
THE ALUMASC GROUP PLC
(“Alumasc” or the ‘Group’)
Further update re CEO
Alumasc (ALU.L), the premium sustainable building products, systems and solutions Group announces that following careful consideration of the findings of a full independent investigation the Company has terminated the employment of CEO, Pamela Bingham, with immediate effect.
Vijay Thakrar, Interim Executive Chair, will continue in that role, supported by Alumasc's well-established management team. Further announcements will be made in due course, as appropriate.
The Group has made a positive start to FY27 despite continued challenging conditions and looks forward to announcing final results for the year to 30 June 2026 on 15 September 2026.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. The person responsible for making this announcement on behalf of the Company is Simon Dray, CFO/Group Company Secretary.
Enquiries:
The Alumasc Group plc
Vijay Thakrar (Interim Executive Chair) +44 (0)1536 383844
Simon Dray (CFO/Company Secretary)
Cavendish (Nominated Adviser & Joint Broker)
Julian Blunt, Edward Whiley (Corporate Finance) +44 (0)207 220 0500
Will Smith (Corporate Broking)
Peel Hunt (Joint Broker)
Mike Bell +44 (0)207 418 8831
Ed Allsopp
Camarco (Financial PR)
Ginny Pulbrook +44 (0)203 757 4980
Tilly Butcher
Notes to Editors:
Alumasc is a UK-based supplier of premium sustainable building products, systems and solutions. Around 80% of Group sales are driven by building regulations and specifications (architects and structural engineers) because of the performance characteristics offered.
The Group has three business segments with strong positions and brands in their individual markets. The three segments are: Water Management; Building Envelope; and Housebuilding Products.