Spectris PLC

Board/Management Information • May 25, 2018

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RNS Number : 2661P

Spectris PLC

25 May 2018

SPECTRIS PLC

DIRECTORATE CHANGE

25 May 2018 - The Board of Spectris plc (SXS: LSE), the productivity-enhancing instrumentation and controls company, announces that it has been informed by John O'Higgins of his intention to retire from the Board in the course of the next twelve months.

John will remain as Chief Executive until a replacement is in place and a formal process to recruit his successor, considering both internal and external candidates, will commence shortly.

Mark Williamson, Chairman, said: "John has had a very successful 12 years as Chief Executive of Spectris and on behalf of the Board I would like to thank him for his substantial contribution during his tenure. The Group has grown significantly in that time and he will be leaving a stronger company with a clear strategy already underway for the transformation into a leading supplier of solutions for our customers. The Board appreciates the significant value John has added to Spectris."

John O'Higgins, Chief Executive, said: "I have thoroughly enjoyed being part of Spectris' success story and am pleased that the Group is well placed to deliver on its growth strategy. I will leave behind a team of highly experienced people to continue to take Spectris forward and realise its strategic ambitions."

Mr. O'Higgins' departure terms will be consistent with Spectris' approved Directors Remuneration Policy. Details of any payments to be made to Mr. O'Higgins will be posted on the Company's website, in due course, in accordance with section 430(2B) Companies Act 2006.

Mr. O'Higgins will continue to receive his normal remuneration whilst he remains an employee of Spectris.

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Contacts:

Spectris plc
John O'Higgins, Chief Executive	+44 1784 470470
Clive Watson, Group Finance Director	+44 1784 470470
Siobhán Andrews, Head of Corporate Affairs	+44 1784 485325
FTI Consulting
Richard Mountain / Susanne Yule	+44 203 727 1374

ABOUT SPECTRIS

Spectris plc is a leading supplier of productivity-enhancing instrumentation and controls. The Company's products, technologies and services help customers to improve product quality and performance, improve core manufacturing processes, reduce downtime and wastage and reduce time to market. Its global customer base spans a diverse range of end-user markets. Spectris operates across four business segments which reflect the applications and industries it serves: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls. Headquartered in Egham, Surrey, United Kingdom, the Company employs approximately 9,800 people located in more than 30 countries. For more information, visit www.spectris.com.

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