2 June 2017
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Autins Group plc
("Autins" or the "Group")
Appointment of Chief Executive and Notice of Results
Autins Group plc (AIM: AUTG), a leading designer, manufacturer and supplier of acoustic and thermal insulation solutions for the automotive sector, is pleased to announce that it has appointed Michael Jennings as Chief Executive with immediate effect. Michael was appointed Interim Chief Executive in February 2017.
Adam Attwood, Chairman of Autins, commented: "We are delighted that Michael has agreed to join Autins as Chief Executive on a permanent basis. Michael has brought strong and relevant business experience and expertise to Autins and the Board is confident that Michael will help lead the Group to the next level of growth and development."
Michael Jennings commented on his appointment: "Autins is an excellent business, with great products and technology, operating in strong markets and I am delighted to have made my position permanent. I am excited to have the opportunity to continue working with the great team at Autins and lead the Group in its further development and deliver our long-term plans for growth."
The Group will announce its results for the 6 month period ending 31 March 2017 on 13 June 2017.
For further information please contact:
Autins Group plc Adam Attwood, Non-Executive Chairman Michael Jennings, Chief Executive James Larner, CFO |
Via Newgate |
Cantor Fitzgerald Europe (Nominated Adviser and Broker) Philip Davies Will Goode Callum Butterfield |
Tel: 020 7894 7000 |
Newgate Communications (Financial PR) Adam Lloyd Ed Treadwell James Browne |
Tel: 020 7653 9850 |
About Autins
Autins specialises in the design, manufacture and supply of acoustic and thermal insulation solutions primarily in the automotive sector but with an increasing focus on other sectors, including white goods, power generation, marine, apparel, rail, commercial vehicles and industrial sectors.
The Group is one of the leading suppliers of noise and heat management products in the automotive market, producing and supplying over two million parts per month to customers including some of the world's leading vehicle manufacturers.
