Tillkännagivande • Aug 13
Spirax Group plc Announces Changes in Board Committee Composition , Effective August 12, 2025 Spirax Group plc announced that after reviewing the composition of its board committees, several changes were approved, effective August 12, 2025. The Nomination Committee has been reduced to four members. Maria Antoniou, who joined the board on June 1, 2025, and assumed the role of chair of the Remuneration Committee, has also joined the Colleague Engagement Committee. Constance Baroudel has joined the Audit Committee. The updated membership of the relevant board committees is as follows: Nomination Committee: Tim Cobbold (Chair), Peter France, Richard Gillingwater, Caroline Johnstone. Audit Committee: Kevin Thompson (Chair), Constance Baroudel, Peter France, Richard Gillingwater, Caroline Johnstone. Remuneration Committee: Maria Antoniou (Chair), Angela Archon, Richard Gillingwater, Jane Kingston, Kevin Thompson. Colleague Engagement Committee: Caroline Johnstone (Chair), Angela Archon, Maria Antoniou, Constance Baroudel, Peter France, Jane Kingston. Tillkännagivande • May 16
Spirax Group plc Maintains Earnings Guidance for the Second Half and Full Year 2025 Spirax Group plc maintained earnings guidance for the second half and full year 2025. For the half year, company continue to expect revenue growth to be higher.
For the full year, Company continue to anticipate organic growth in Group revenues consistent with that achieved in 2024. Tillkännagivande • Jan 02
Spirax Group plc Announces Board Changes Spirax Group plc announced Jamie Pike stepped down from the Board and as Chair on 31 December 2024. On 1 January 2025, Tim Cobbold became Chair of the Board of Directors and the Nomination Committee. Tim joined Spirax Group in September 2024 as a Non-Executive Director and Chair Designate. He is currently Chair of TI Fluid Systems plc, having stepped down as a board director of Rotork plc on 31 December 2024. Tim was the Chief Executive Officer of UBM plc, De La Rue plc and Chloride Group plc. He is currently Chair of TI Fluid Systems plc and was the Senior Independent Director and Chair of the Remuneration Committee at Rotork plc until 31 December 2024. Tim is a Fellow of the ICAEW and holds a BSc, Mechanical Engineering, from Imperial College, London. Tillkännagivande • Nov 14
Spirax Group plc Provides Outlook Remains Unchanged for the Year 2024 Spirax Group plc provided earnings guidance for the year 2024. For the year, the company full year outlook remains unchanged. For the Group, the company expects mid-single digit organic revenue growth for the full year. Tillkännagivande • Aug 08
Spirax Group plc Provides Earnings Guidance for the Full Year of 2024 Spirax Group plc provided earnings guidance for the full year of 2024. For the period, the Group expect mid-single digit organic revenue growth for the full year. Tillkännagivande • Jul 02
Spirax Group plc Appoints Louisa Burdett as Chief Financial Officer, Effective 8 July 2024 Spirax Group plc announced that Louisa Burdett will commence her role as Chief Financial Officer on 8 July 2024. Tillkännagivande • Jun 28
Glentra Fund I K/S, managed by Glentra Capital P/S completed the acquisition of Kyoto Group AS (OB:KYOTO) from Spirax Group plc (LSE:SPX), Iberdrola, S.A. (BME:IBE) and KM New Energy AS and others. Glentra Fund I K/S, managed by Glentra Capital P/S proposed to acquire all outstanding shares in Kyoto Group AS (OB:KYOTO) from Spirax Group plc (LSE:SPX), Iberdrola, S.A. (BME:IBE) and KM New Energy AS and others on June 14, 2024. Offer price per share is NOK 24. Kyoto Group three largest existing shareholders Spirax Group, Iberdrola and KM New Energy, representing a total of 8,408,082 shares, or 44.5% has committed to tender their shares. In addition shareholders representing a total of 5,484,601 shares, or 29.0% of total outstanding Shares have signed binding undertakings to accept the Offer. Taken together with the New Shares to be issued to the Offeror as part of the Investment, a total of 30,760,330 Shares are committed to being contributed, sold or issued to the Offeror, representing 86.0% of the number of Shares in Kyoto following registration of the share capital increase pertaining to the issuance of New Shares in connection with the Investment.
Kyoto Group board unanimously recommended the shareholders to accept the offer. Following completion of the Offer, and subject to the Offeror reaching a 90% shareholding in Kyoto, the Offeror intends to carry out a compulsory acquisition of remaining Shares not held by the Offeror and delist Kyoto from Euronext Growth Oslo.
Alpha Corporate Finance AS acted as financial advisor for Kyoto Group AS. Advokatfirma Wiersholm AS acted as legal advisor for Kyoto Group AS. Advokatfirmaet Schjødt As acted as legal advisor for Glentra Capital P/S.
Glentra Fund I K/S, managed by Glentra Capital P/S completed the acquisition of Kyoto Group AS (OB:KYOTO) from Spirax Group plc (LSE:SPX), Iberdrola, S.A. (BME:IBE) and KM New Energy AS and others on June 27, 2024. The Offeror has received acceptances for a total of 8,469,991 Shares in the Offer, including acceptances received from pre-accepting shareholders. Taken together with Shares already owned by the Offeror, Shares committed to be contributed to the Offeror and shares to be issued to the Offeror through a directed share issue in the Company, this will represent approx. 95.71 percent of the total number of outstanding shares in the Company following issuance of shares in the Investment, and thereby passing the 90% threshold which is a condition for completion of the Offer. Tillkännagivande • Jun 16
Glentra Fund I K/S and Glentra Capital P/S proposed to acquire remaining majority stake in Kyoto Group AS (OB:KYOTO) from Spirax Group plc (LSE:SPX), Iberdrola, S.A. (BME:IBE) and KM New Energy AS and others. Glentra Fund I K/S, managed by Glentra Capital P/S proposed to acquire all outstanding shares in Kyoto Group AS (OB:KYOTO) from Spirax Group plc (LSE:SPX), Iberdrola, S.A. (BME:IBE) and KM New Energy AS and others on June 14, 2024. Offer price per share is NOK 24. Kyoto Group three largest existing shareholders Spirax Group, Iberdrola and KM New Energy, representing a total of 8,408,082 shares, or 44.5% has committed to tender their shares. In addition shareholders representing a total of 5,484,601 shares, or 29.0% of total outstanding Shares have signed binding undertakings to accept the Offer. Taken together with the New Shares to be issued to the Offeror as part of the Investment, a total of 30,760,330 Shares are committed to being contributed, sold or issued to the Offeror, representing 86.0% of the number of Shares in Kyoto following registration of the share capital increase pertaining to the issuance of New Shares in connection with the Investment.
Kyoto Group board unanimously recommended the shareholders to accept the offer. Following completion of the Offer, and subject to the Offeror reaching a 90% shareholding in Kyoto, the Offeror intends to carry out a compulsory acquisition of remaining Shares not held by the Offeror and delist Kyoto from Euronext Growth Oslo.
Alpha Corporate Finance AS acted as financial advisor for Kyoto Group AS. Advokatfirma Wiersholm AS acted as legal advisor for Kyoto Group AS. Advokatfirmaet Schjødt As acted as legal advisor for Glentra Capital P/S. Tillkännagivande • May 01
Spirax-Sarco Engineering plc to Report Q3, 2024 Results on Nov 14, 2024 Spirax-Sarco Engineering plc announced that they will report Q3, 2024 results on Nov 14, 2024 Tillkännagivande • Mar 08
Spirax-Sarco Engineering plc Proposes Final Dividend for the Year 2023, Payable on 24 May 2024 Spirax-Sarco Engineering plc Board is proposing a final dividend of 114.0 pence per share for 2023 (2022: 109.5 pence) payable on 24th May 2024 to shareholders on the register at 26th April 2024. Together with the interim dividend of 46.0 pence per share (2022: 42.5 pence), the total dividend for the year is 160.0 pence per share, an increase of 5% on the total dividend of 152.0 pence per share in 2022. If approved at the Annual General Meeting on 15th May 2024. Tillkännagivande • Jan 30
Spirax-Sarco Engineering plc Announces Resignation of Jamie Pike as Chair and Non-Executive Director The Board of Spirax-Sarco Engineering plc announced that Jamie Pike would step down as Chair and Non-Executive Director during 2024, following the expiry of his nine years as a Director. A process to appoint his successor is well advanced. The Board is satisfied that Jamie's appointment with IMI plc complies with the UK Corporate Governance Code 2018 and proxy advisor guidelines. Tillkännagivande • Jan 17
Spirax-Sarco Engineering plc Appoints Phil Scott as Interim Chief Financial Officer Spirax-Sarco Engineering plc announced that Phil Scott has taken up the position of Interim Chief Financial Officer. Tillkännagivande • Aug 09
Spirax-Sarco Engineering plc Announces Group Chief Executive Officer Changes, Effective 16 January 2024 Spirax-Sarco Engineering plc announced that Nicholas Anderson, Group Chief Executive, has indicated to the Board his desire and intention to retire in early 2024, upon completion of ten years in this role. Board is delighted to announce that Nimesh Patel is appointed Group Chief Executive and will take up the position on 16th January 2024. Nimesh joined the Group in 2020 as Chief Financial Officer and his appointment to Group Chief Executive follows a rigorous succession process. Nick will step down as Group Chief Executive and from the Board on 16th January 2024 but remain as an employee of the Group until 31st March 2024, acting in an advisory capacity to support Nimesh as he transitions into the role of Group Chief Executive. Tillkännagivande • Aug 03
Spirax-Sarco Engineering plc Appoints Constance Baroudel as Independent Non-Executive Board Director Spirax-Sarco Engineering plc, announced the appointment of Constance Baroudel as an Independent Non-Executive Board Director, with immediate effect. Constance is Sector Chief Executive, Environmental & Analysis and Chief Sustainability Officer at Halma plc, having previously held a range of executive positions within Halma plc, as well as with First Group plc, De La Rue and Strategic Decisions Group. Constance has related Board experience, having previously held Non-Executive Director positions at both Kier Group and Synergy Health as well as a broad range of knowledge and qualifications, including an MSc in International Accounting & Finance from the London School of Economics, an MSc in Corporate Finance & Strategy and a BA in International Relations, both from the Institut d'Etudes Politiques de Paris (Sciences Po Paris). Constance Baroudel's appointment is part of the succession planning undertaken by the Nomination Committee to recruit Non-Executive Directors with the skills and experience required to support the implementation of strategy for growth. Tillkännagivande • Jul 13
Solex Thermal Science Inc. acquired Econotherm (UK) Ltd. from xénos, the Wales Business Angel Network Limited and Spirax-Sarco Engineering plc (LSE:SPX). Solex Thermal Science Inc. acquired Econotherm (UK) Ltd. from xénos, the Wales Business Angel Network Limited and Spirax-Sarco Engineering plc (LSE:SPX) on July 12, 2023.Solex Thermal Science Inc. completed the acquisition of Econotherm (UK) Ltd. from xénos, the Wales Business Angel Network Limited and Spirax-Sarco Engineering plc (LSE:SPX) on July 12, 2023. Tillkännagivande • May 10
Spirax-Sarco Engineering plc Provides Earnings Guidance for the Year 2023 Spirax-Sarco Engineering plc provided earnings guidance for the year 2023. The company continue to anticipate double-digit sales growth for the Group in 2023, representing mid-single-digit sales growth over 2022 pro-forma sales. Tillkännagivande • Feb 02
Sarco Engineering plc Announces Olivia Qiu, Non-Executive Director Decides to Step Down from the Board Sarco Engineering plc announced that Olivia Qiu, Non-Executive Director, has decided to step down from the Board for personal reasons as of 31 January 2023. Tillkännagivande • Dec 23
Spirax-Sarco Engineering plc to Report First Half, 2023 Results on Aug 10, 2023 Spirax-Sarco Engineering plc announced that they will report first half, 2023 results on Aug 10, 2023 Tillkännagivande • Nov 17
Spirax-Sarco Engineering plc to Report Fiscal Year 2022 Results on Mar 09, 2023 Spirax-Sarco Engineering plc announced that they will report fiscal year 2022 results on Mar 09, 2023 Board Change • May 20
High number of new directors Senior Independent Director Richard Gillingwater was the last director to join the board, commencing their role in 2021. 
