Appointment of Group Chief Executive Officer

3 June 2024

Strip Tinning Holdings plc

("Strip Tinning", the "Company" or the "Group")

Appointment of Group Chief Executive Officer

Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connection systems to the automotive sector, is pleased to announce that, further to the announcement on 30 April 2024, Mark Perrins has been appointed Group Chief Executive Officer ("CEO") and joins the board of directors of the Company effective immediately. Mark has served as Group Managing Director of Strip Tinning since March 2022. As communicated on 30 April 2024, Richard Barton has transitioned to Deputy Chair.

Adam Robson, Executive Chair, commented:

"We are delighted to promote Mark to Group CEO, given his successful tenure as Managing Director of Strip Tinning over the past two years, and his extensive background in the automotive industry. He is exceptionally well-suited to lead the Company into its next phase of growth. Richard will continue to serve on the Board and will remain pivotal in shaping the Group's strategy."

Mark Perrins, Chief Executive Officer, commented:

"As I step into the role of Group CEO at Strip Tinning, I look forward to continuing the legacy established by Richard. The past two years I have spent as Managing Director has reaffirmed to me both the strength of the team and the clarity of our strategic direction. We have made significant operational progress, and we are well-placed for a return to growth.

Our focus remains on leveraging our expertise and seizing growth opportunities within the market. I look forward to leading the Company through this journey and reinforcing Strip Tinning's position as an industry leader."

- Ends -

Enquiries: 

Strip Tinning Holdings plc                                                                                                                          Via Alma 

Adam Robson, Executive Chair 

Mark Perrins, Chief Executive Officer                                                                                  

Adam Le Van, Chief Financial Officer 

Singer Capital Markets (Nominated Adviser and Sole Broker)                                  +44 (0) 20 7496 3000 

Rick Thompson 

James Fischer 

Alma (Financial PR)                                                                                                [email protected]m 

Josh Royston                                                                                                                               +44 (0) 20 3405 0205        

Joe Pederzolli        

Additional Information in respect of the AIM Rules

The following information regarding the appointment of Mark Ivan Perrins, aged 46, is disclosed under Schedule 2(g) of the AIM Rules for Companies:

As at the date of this announcement, Mark Perrins holds 27,273 ordinary shares in the Company equivalent to 0.15% of the Company's issued share capital.

Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment of Mark Perrins.