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SDI Group plc announced on 11 January 2022 that Jon Abell, the Company's CFO, intends to step down from the Board in the summer to retire. This change is expected to take effect following the publication of the Company's final results for the year ended 30 April 2022. The Board has commenced the search for his successor and will conduct an orderly handover.
| Date | 11 Jan 2022 |
| Time | 07:00:07 |
| Category | Board changes |
| ID | 9895X |
SDI Group plc
("SDI", "SDI Group", the "Company" or the "Group")
(AIM: SDI)
Board Change
SDI Group plc, the AIM quoted Group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing control applications, announces that Jon Abell, CFO of the Company, has indicated his intention to step down from the Board in the summer to retire.
This change is expected to take effect following the publication of the Company's final results for the year ended 30 April 2022. The Board has commenced the search for his successor and there will be an orderly handover period to ensure a smooth transition.
Jon Abell, CFO of SDI said: "SDI Group is a remarkable business. It has been a privilege to be part of its growth since 2018 and I am sure that it will continue to prosper into the future."
Ken Ford, Chairman of SDI said: "The Board would like to thank Jon for his guidance and leadership during his time with the Group and we wish him the best for his retirement following the Company's results in the summer."
Enquiries
SDI Group plc 01223 320480
Ken Ford, Chairman
Mike Creedon, CEO
Jon Abell, CFO
finnCap Ltd 020 7220 0500
Ed Frisby/Kate Bannatyne/Milesh Hindocha - Corporate Finance
Andrew Burdis/Sunila de Silva - ECM
JW Communications 07818 430877
Julia Wilson - Investor & Public Relations
About SDI Group plc:
SDI designs and manufactures scientific and technology products for use in digital imaging and sensing and control applications including life sciences, healthcare, astronomy, manufacturing, precision optics and art conservation. SDI operates through its company divisions: Atik Cameras, Synoptics, Graticules Optics, Sentek, Astles Control Systems, Applied Thermal Control, MPB Industries, Chell Instruments, Monmouth Scientific, Uniform Engineering and Scientific Vacuum Systems.
SDI continues to grow by developing its own technology advancements and by improving its global sales channels, as well as through pursuing strategic, complementary acquisitions. www.thesdigroup.net