Alumasc Group (ALU)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

 222.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 277.50
  • 52 Week Low: 113.50
  • Currency: UK Pounds
  • Shares Issued: 36.13m
  • Volume: 28,854
  • Market Cap: £80.40m
  • RiskGrade: 286
  • Beta: 0.01

Vijay Thakrar to replace McCall as Alumasc chair

By Josh White

Date: Friday 26 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Sustainable building product company Alumasc announced on Friday that Vijay Thakrar would take up the role of non-executive chairman from 1 January, following the retirement of John McCall as chairman and non-executive director on 31 December.
The AIM-traded firm said Thakrar joined the board as an independent non-executive director on 15 January 2019.

He was previously a partner at Deloitte and EY, before taking up a number of non-executive director roles.

It said Thakrar was currently a non-executive director on the boards of Alpha FX Group, RSM Group and Treatt, and a member of the audit and risk committee of the John Lewis Partnership.

"I am delighted to announce that Vijay will succeed me as chairman of Alumasc in the new year," said John McCall.

"Vijay has substantial board and wide-ranging business experience from an impressive business and non-executive career covering a number of large international organisations, as well as extensive knowledge of the group."

On becoming chairman, Alumasc said Vijay Thakrar would chair the nomination committee and step down as chair of the audit committee, in line with best practice.

A search process for a new non-executive director, who would chair the audit committee, was said to be "well-progressed", with an announcement to be made shortly.

Stephen Beechey would be appointed as chairman of the remuneration committee in succession to Jon Pither, meanwhile, who retired on 21 October.

"I am delighted to be taking over as chair from John, and to be working with the leadership team led by our chief executive Paul Hooper, to continue to build on the successful growth and leading environmental, social and governance credentials of the business," said Vijay Thakrar.

"John has been an outstanding chairman, having founded the business, and he richly deserves a happy retirement.

"His business acumen, intellect and ability to read people has been invaluable and he leaves Alumasc in a very strong position with really exciting opportunities to further grow value for our stakeholders."

At 1432 GMT, shares in the Alumasc Group were down 6.6% at 203.15p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Alumasc Group Market Data

Currency UK Pounds
Share Price 222.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 277.50
52 Week Low 113.50
Volume 28,854
Shares Issued 36.13m
Market Cap £80.40m
Beta 0.01
RiskGrade 286

Alumasc Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.79% above the market average15.79% above the market average15.79% above the market average15.79% above the market average15.79% above the market average
18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average
Price Trend
53.52% above the market average53.52% above the market average53.52% above the market average53.52% above the market average53.52% above the market average
38.10% above the sector average38.10% above the sector average38.10% above the sector average38.10% above the sector average38.10% above the sector average
Income
91.29% above the market average91.29% above the market average91.29% above the market average91.29% above the market average91.29% above the market average
93.33% above the sector average93.33% above the sector average93.33% above the sector average93.33% above the sector average93.33% above the sector average
Growth
91.47% above the market average91.47% above the market average91.47% above the market average91.47% above the market average91.47% above the market average
84.21% above the sector average84.21% above the sector average84.21% above the sector average84.21% above the sector average84.21% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Alumasc Group Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Sep-21 25-Feb-21
Paid 29-Oct-21 06-Apr-21
Amount 6.25p 3.25p

Trades for 18-Jan-2022

Time Volume / Share Price
16:47 20,000 @ 223.50p
11:53 1,500 @ 217.60p
11:07 224 @ 220.90p
10:43 3,962 @ 217.60p
09:54 688 @ 217.60p

Alumasc Group Key Personnel

CEO G Paul Hooper
Finance Director Simon Dray

Top of Page