This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies used on Trustnet and how you can manage them, see our Privacy and Cookie Policy.

By clicking "I Agree" below, you acknowledge that you accept our Privacy Policy and Terms of Use.

For more information Click here



It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table
Share   Print      RSS

Macfarlane Group PLC (MACF)

Macfarlane Group PLC

Directorate Change
Macfarlane Group PLC
14 April 2004

                                                                   14 April 2004

As noted in the preliminary announcement on 31 March 2004, a process to recruit
2 independent non-executive directors is progressing satisfactorily and the
Board will report its outcome shortly.

Last summer, the Board identified the need for input from someone with
experience of the market in which we operate and Mr Mike Clark was invited to
join the Board as a non-executive director. Mr Clark was previously an executive
director on the Macfarlane Group board until his departure from the group when
the Plastics Division was sold in September 2001. Mr. Clark has recently
accepted an appointment as Chief Executive of a supplier to Macfarlane Group and
he has intimated that in these circumstances he does not regard it as
appropriate that he should continue as a Macfarlane Group board member and
accordingly he will not seek election at the forthcoming Annual General Meeting.
The Board wholly respects Mr. Clark's views and thanks him for giving us helpful
cover over the past 7 months.

Mr Guy Stenhouse completes his second three-year term as a non-executive
director at this year's Annual General Meeting. The Board is pleased to report
that Mr Stenhouse will seek re-election as a director. Mr Stenhouse has agreed
with the board that he will stand down as a director at the conclusion of the
AGM in 2005. As well as securing the services of Mr Stenhouse for a further year
this arrangement will provide the benefit of continuity whilst the proposed new
non-executive directors settle in to their roles.

Further information
Archie S. Hunter                    Chairman                   0141 333 9666

                      This information is provided by RNS
            The company news service from the London Stock Exchange
Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

You are currently using an old browser which will not be supported by Trustnet after 31/07/2016. To ensure you benefit from all features on the site, please update your browser.   Close