Business

Retirement of Director

Retirement of Director.

articlePlexus HoldingsFebruary 18, 20113/company/plexus-holdings-plc/news/retirement-of-director-19
Retirement of Director

About this update from Plexus Holdings

[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 4543B Plexus Holdings Plc 18 February 2011  \n \n\nPlexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services\n18 February 2011\nPlexus Holdings PLC ('Plexus' or 'the Company')\nRetirement of Director\n \nPlexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIPĀ® method of wellhead engineering, announces that Augusto L. Carmona da Mota MSc Eng, aged 71, a Non-Executive Director is retiring from the board of Plexus ('the Board') with effect from 28 February 2011.\n \nPlexus CEO Ben van Bilderbeek said, \"The Board would like to express their deep gratitude to Augusto for his contribution to Plexus' success in becoming a leading specialist wellhead engineering company.  I have known Augusto in a professional and personal capacity for many years, and wish to acknowledge that Augusto's extensive experience in the oil and gas industry over the past 40 years, and specifically in oil well engineering, contributed significantly to the development and establishment of the engineering principles employed in our POS-GRIP friction grip technology for wellhead equipment.  Augusto's involvement with Plexus has, particularly in the early stages of our company development, provided invaluable guidance to our engineering team which has helped bring POS-GRIP that much nearer to becoming a new wellhead standard.  Augusto's vision and engineering expertise has been inspiring to us all, and we wish him the very best in his well deserved retirement.\"\n \n \n* * ENDS * *\n \nFor further information please visit www.posgrip.com or contact:\n \n\n\n\n\nBen van Bilderbeek\n\n\nPlexus Holdings PLC    \n\n\nTel: 020 7795 6890\n\n\n\n\nGraham Stevens\n\n\nPlexus Holdings PLC\n\n\nTel: 020 7795 6890\n\n\n\n\nJon Fitzpatrick\n\n\nCenkos Securities PLC\n\n\nTel: 020 7397 8900\n\n\n\n\nKen Fleming\n\n\nCenkos Securities PLC\n\n\nTel: 0131 220 6939\n\n\n\n\nFelicity Edwards\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: 020 7236 1177\n\n\n\n\n \nNotes to Editors:\n \nPlexus, which began trading on AIM in December 2005, is an established oil and gas engineering and services business which supplies wellhead and mudline suspension equipment for exploration and prod...

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