(‘SigmaRoc’, the ‘Company’ or the ‘Group’)
SigmaRoc plc, the buy-and-build construction materials group, is pleased to announce that, further to its announcement of 15 April 2019, Mr Tim Hall has joined the Board of Directors of the Company (the “Board”), as a Non-Executive Director, with immediate effect.
Pursuant to the relationship agreement dated 14 December 2016 between Pula Investments Limited, Bailiwick Investments Limited, TEMK Investments Limited, Ravenscroft Limited (together, the ‘Shareholders’), the Company and Strand Hanson Limited, Mr Hall joins the Board as a representative of the Shareholders.
As previously announced, the Company proposes to grant Mr Hall, in due course, 443,665 Non-Management Scheme Options with an exercise price of 46p, that will vest over three years in equal tranches and will expire on 16 April 2026.
Tim has spent his entire career in the aggregates industry, most recently as CEO of Breedon South, a business he helped build from inception. Prior to this he was director of Tarmac Limited’s Western Area; managing director of Tarmac Western Limited, the company formed by Anglo American from the former assets of Nash Rocks, Tilcon and Tarmac. He spent the previous 27 years with Nash Rocks, latterly as managing director.
Tim brings a wealth of experience and knowledge of the industry to the Board and will be an asset in SigmaRoc’s continued development, as he has been with Breedon. In particular, Tim’s knowledge and network within the industry will benefit SigmaRoc’s growth in the aggregates and construction materials market in the UK.
Additional Information on Mr Hall
The following additional information on Mr Hall is provided pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.
Timothy Conrad Langston Hall (aged 66)
|Current Directorships / Partnerships||Past Directorships / Partnerships (last 5 years)|
|HHD Developments Ltd||Almeley Management Company Limited|
|Langsun Limited||Breedon Bow Highways Limited|
|Breedon Bowen Limited|
|Breedon Cement Limited|
|Breedon Group Services limited|
|Breedon Southern Limited|
|H.V. Bowen & Sons (Quarry) Ltd|
|H.V. Bowen & Sons (Transport) Limited|
|Humberside Aggregates Limited|
|Huntsman’s Quarries Limited|
|Nottingham Ready Mix Limited|
|Pro Mini Mix Concrete, Mortars and Screeds Limited|
|PSV (UK) Ltd|
Mr Hall does not hold any interest in the Company’s ordinary shares.
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.
Tel: +44(0)207 002 1080
Max Vermorken, CEO
Strand Hanson (Nominated and Financial adviser)
Tel: +44(0)207 409 3494
James Spinney / James Dance / Jack Botros
Liberum Capital (Joint Broker)
Tel: +44(0)203 100 2000
Neil Patel / Jamie Richards / Jonathan Wilkes-Green / William Hall
Berenberg (Joint Broker)
Tel: +44(0)203 207 7800
Ben Wright / Mark Whitmore
Tel: +44(0)207 002 1080