26th Apr 2007 11:00
Elementis PLC26 April 2007 26 April 2007 Chairman's Statement at Today's Annual General Meeting including Board Changes At today's Annual General Meeting, Robert Beeston, Chairman of Elementis plc(LSE: ELM) said: Trading Statement "During the first three months of 2007, Elementis has continued to make progressin line with full year expectations. Operating profit and earnings per share areahead of the previous year's comparable period. Good demand has been evident inmost market sectors, particularly in Europe and Asia and this has more thanoffset some weakness in demand in the US for architectural paints and otherconstruction products." Board Changes "Edward Bramson, who was appointed a director of the Company in 2005 and servedas Executive Chairman until September of last year, has decided to step downfrom the Board as a non executive director following the conclusion of theAnnual General meeting of the Company today. Mr Bramson was the architect of therecent group-wide restructuring and I would like to thank him on behalf of thewhole Board for his excellent contribution to shareholder value and the enhancedfuture prospects of the Group." Enquiries:Andrew Dowler Tel: +44 (0)20 7831 3113Greg Quine This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Elementis