Business
Directorate change
SDI Group plc announced that Non-Executive Director David Tilston will step down on July 31, 2026, after nine years of service, adhering to corporate governance best practices. During his tenure, the company experienced significant growth, with revenue increasing from £10.7 million to £66.2 million and Adjusted Operating Profit rising from £1.3 million to £10 million by the end of fiscal year 2025. The Board has initiated a search for a new independent Non-Executive Director to continue the company's growth strategy. Disclaimer*
About this update from Sdi Group Plc
[{"type":"text","content":"\n\nSDI Group plc\n(\"SDI\", the \"Company\", or the \"Group\")\n \nBoard Change\n \n11 May 2026 - SDI Group plc, the buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products, announces that Non-Executive Director, David Tilston, intends to step down from the Board with effect from 31 July 2026.\n \nDavid, who joined the Board in July 2017, is stepping down in line with best practice corporate governance, as he approaches his maximum tenure as an independent Non-Executive Director.\n \nDuring his nine-year tenure, David has provided invaluable guidance and support through a period of transformative growth for SDI Group. Upon his appointment, the Group comprised of 4 companies generating £10.7m in revenue and £1.3m in Adjusted Operating Profit. He has helped steer the business through to its current standing, generating £66.2m in revenue and £10m in Adjusted Operating Profit as of YE2025. David's strategic insight has been integral to our continued expansion and success since that time.\n \nThe Board has commenced a search process to appoint a new independent Non-Executive Director and will announce a further update on this new appointment in due course.\n \nKen Ford, Chairman of SDI Group, said:\n \n\"On behalf of the Board, I'd like to thank David for the contribution he has made to building the business over the past nine years and we wish him all the best for the future. We look forward to welcoming a new Non-Executive Director to the Board as we work together to continue to execute the Company's clear strategy for growth.\"\n \n \n\n\n\n\nEnquiries:\n \n\n\n\n\n \n\n\nSDI Group plc\nStephen Brown, Chief Executive Officer\nAmitabh Sharma, Chief Financial Officer\n\n\n+44 (0)1223 727144\nwww.sdigroup.com\n\n\n\n\n \n\n\nJames Dimitriou, Group Head of Corporate Development\n \nCavendish Capital Markets Ltd (NOMAD & Joint Corporate Broker)\nEd Frisby / Seamus Fricker - Corporate Finance\nAndrew Burdis / Sunila de Silva - Corporate Broking\n \n\n\n \n \n+44 (0)20 7220 0500\n\n\n\n\n \n\n\nStifel (Joint Corporate Broker)\n\n\n+44 (0) 20 7710 7600\n\n\n\n\n \n\n\nFred Walsh / Brough Ransom / Ben Good\n\n\n \n ...