Thursday, 19 October 2023

Trifast plc

(Trifast or the Company)

Directorate change - appointment of a Non-executive Director

Trifast announces today the appointment of Nicholas Mills to the Board as a Non-executive Director, effective from 20 October 2023.

Nicholas is a fund manager and director of Harwood Capital LLP, who are a 6.21% shareholder in the Company.  Having attained a BSc. in the US in 2013 from Boston College, Carroll School of Management, MA, he started his career with Gabelli Asset Management in New York where, over a five-year period he gained a wealth of experience covering equity research, investments, merger arbitrage strategies and marketing Closed End Funds.  In 2019 Nicholas returned to the UK to join Harwood Capital. 

In addition to his executive roles within the Harwood Group, Nicholas is a Non-executive Director with AIM listed Hargreaves Services plc and NOIX Group plc.

There are no other disclosures required to be made in respect of Nicholas Mills, pursuant to Listing Rule 9.6.13R.

Notes:

Harwood Capital LLP acts as investment manager to Rockwood Strategic Plc (London) Ltd, and Harwood Capital Management (Gibraltar) Ltd acts as investment manager to Oryx International Growth Fund Ltd (Guernsey); collectively the funds under management hold 8,455,000 ordinary shares in Trifast, which represents 6.21% of the Company's current issued share capital.

At today's date, Nicholas Mills holds no ordinary shares in Trifast in a personal capacity.

As announced on 12 October 2023, the Company is also in the process of recruiting a replacement NED following notification from Ms Balmforth of her intention to retire at the end of 2023.

About Trifast plc (TR)

Founded in East Sussex in 1973, TR is a leading international specialist in the design, engineering, manufacture, and distribution of high-quality industrial fastenings and Category 'C' components principally to major global assembly industries.

The Group supplies to customers in c.70 countries across a wide range of industries, including light vehicle, heavy vehicle, health & home, energy, tech, & infrastructure (ET&I), general industrial and distributors.  As a full-service provider to multinational OEMs and Tier 1 companies spanning several sectors, we deliver comprehensive support to our customers across every requirement, from concept design through to technical engineering consultancy, manufacturing, supply management and global logistics.

As an international business we are able to provide 24/7 customer support from across key regions in the UK, Asia, Europe and North America. In addition to our service locations, we operate a number of manufacturing facilities focused on high volume cold forged fasteners and special parts. We have also established Technical & Innovation Centres to support R&D and customer collaboration across the world.

For more information, visit:

TRIFAST PLC TRI Stock | London Stock Exchange

Our website: www.trifast.com

LinkedIn: www.linkedin.com/company/tr-fastenings

Twitter: www.twitter.com/trfastenings

Facebook: www.facebook.com/trfastenings

TR Annual Report 2023: https://www.trfastenings.com/investors/reports-and-presentations

TR Sustainability Report 2023: https://www.trfastenings.com/investors/reports-and-presentations

Note

Trifast, TR and TR Fastenings are registered trademarks of the Company

LEI number: 213800WFIVE6RWK3CR22