Avingtrans PLC Board Appointment (0944O)
August 04 2014 - 2:00AM
UK Regulatory
TIDMAVG
RNS Number : 0944O
Avingtrans PLC
04 August 2014
4 August 2014
Avingtrans Plc
("Avingtrans" or the "Company" or the "Group")
Board Appointment
Avingtrans plc (AIM: AVG), a manufacturer of critical components
and associated services to the global aerospace, energy and medical
sectors, has appointed Les Thomas to the Board of Directors as a
Non-Executive Director effective 1 September 2014.
Mr Thomas has over 30 years' experience in the Oil and Gas
industry, in various subsurface, engineering, operational and
senior management positions. Les is currently CEO of Ithaca Energy
Inc, appointed in 2013 and has previously served as a main Board
Director of Wood Group and Chief Executive of its Production
Facilities business and Group Director responsible for HSE. Prior
to this, he spent 22 years with Marathon Oil, including four years
as European Business Unit Leader, responsible for Marathon's
upstream business in the UK, Ireland, Netherlands and Norway.
The appointment of Les and Dr Gareth Job, announced on the 30
July 2014, strengthens the Group's expertise in the Oil and Gas
sector and demonstrates commitment to further developing it as a
key market, as the Company positions Maloney Metalcraft as a
leading supplier to global original equipment manufacturers
(OEMs).
Commenting on the appointment, Roger McDowell, Chairman of
Avingtrans said: "Les has a great deal of experience in the Oil and
Gas capital equipment industry, a market that is becoming
increasingly important to the Avingtrans Group. In addition to the
continuing successful development of our offering in the Aerospace
market, we are looking to grow our presence in the niche equipment
market of the Oil and Gas sector."
Les Thomas commented: "I am delighted to be joining the Board of
Avingtrans as a Non-Executive Director. The integration of Maloney
Metalcraft with the rest of the division provides an exciting
opportunity to further develop the Group's offering to the Oil and
Gas sector."
Details of Leslie James Thomas' (age 57) current and previous
directorships in the past five years are set out below:
Current Directorships
ITHACA ENERGY INC.
ITHACA ALPHA (N.I.) LIMITED
ITHACA CAUSEWAY LIMITED
ITHACA DELTA LIMITED
ITHACA ENERGY (UK) LIMITED
ITHACA ENERGY HOLDINGS (UK) LIMITED
ITHACA EPSILON LIMITED
ITHACA EXPLORATION LIMITED
ITHACA GAMMA LIMITED
ITHACA MINERALS (NORTH SEA) LIMITED
ITHACA NORTH SEA LIMITED
ITHACA PETROLEUM LIMITED
Past Directorships (last 5 years)
JOHN WOOD GROUP PLC
WOOD GROUP ENGINEERING & OPERATIONS SUPPORT LIMITED
WOOD GROUP ENGINEERING INTERNATIONAL LIMITED
WOOD GROUP HOLDINGS (INTERNATIONAL) LIMITED
WOOD GROUP MANAGEMENT SERVICES LIMITED
THE SCOTTISH OIL CLUB
There are no other matters which are required to be announced
pursuant to paragraph (g) of Schedule 2 to the AIM Rules.
Enquiries:
Avingtrans plc 0115 949 9020
Steve McQuillan, CEO
Stephen King, CFO
Numis
David Poutney (Corporate Broking) 0207 260 1000
Richard Thomas (Corporate Finance and Nominated Adviser)
Newgate Threadneedle 020 7653 9850
(Financial PR)
Josh Royston / Heather Armstrong
-- About Avingtrans
Avingtrans plc is engaged in the provision of highly engineered
components, modules and services to the Aerospace, Energy
and Medical markets worldwide.
The business is made up of 2 divisions:
-- Aerospace, engaged in the manufacture of rigid pipe assemblies,
fabrications and prismatic components - both metallic and
composite - for the global aerospace market and precision
polishing of aircraft components and;
-- Energy and medical, engaged in the design and manufacture
of machined and fabricated pressure and vacuum vessels and
process plant and equipment for the power, oil & gas and
medical markets. Plus, design and manufacture of fabricated
poles and cabinets for roadside safety cameras and rail
track signalling.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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