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Board update

16th Apr 2025 10:30

RNS Number : 2897F
Inspecs Group PLC
16 April 2025
 

16 April 2025

INSPECS Group plc

("INSPECS", the "Company" or the "Group")

 

Board update

 

INSPECS Group plc, a leading designer, manufacturer, and distributor of eyewear (sunglasses, optical frames, lenses and low vision products), announces that Hugo Adams, Non-Executive Director, has informed the Board of his decision not to stand for re-election at the Company's upcoming Annual General Meeting.

 

This decision follows his recent appointment as Chief Executive Officer of Kelpi, a sustainable materials innovation company.

 

The Board would like to extend its sincere thanks to Hugo for his contribution during his time with Inspecs and wishes him continued success in his new role.

 

Further updates regarding Board composition will be made in due course.

 

For further information please contact:

INSPECS Group plc

Richard Peck (CEO)

Chris Kay (CFO)

 

via FTI Consulting

Tel: +44 (0) 20 3727 1000

Peel Hunt (Nominated Adviser and Broker)

George Sellar

Andrew Clark

 

Tel: +44 (0) 20 7418 8900

FTI Consulting (Financial PR)

Alex Beagley

Harriet Jackson

Amy Goldup 

Tel: +44 (0) 20 3727 1000

 

About INSPECS Group plc

INSPECS is a leading provider of eyewear solutions to the global eyewear market. The Group produces a broad range of eyewear frames, low vision aids and lenses, covering optical, sunglasses and safety, which are either "Branded" (under licence or under the Group's own proprietary brands), or "OEM" (unbranded or private label on behalf of retail customers).

 

INSPECS is building a global eyewear business through its vertically integrated business model. Its continued growth is underpinned by increasing the penetration of its own-brand portfolio, worldwide distribution, growing retail presence, maximising group synergies and its global network, expanding its manufacturing capacity and scaling the research and development department as it develops new and innovative eyewear products. The Group has operations across the globe: with offices and subsidiaries in the UK, Germany, Portugal, Scandinavia, the US and China (including Hong Kong, Macau and Shenzhen), and manufacturing facilities in Vietnam, China, the UK and Italy.

 

INSPECS customers are global optical and non-optical retailers, global distributors and independent opticians. Its distribution network covers over 80 countries and reaches approximately 75,000 points of sale.

More information is available at: https://INSPECS.com.

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