Inactive Instrument

Aggreko

Equities

AGK

GB00BK1PTB77

Aggreko : Executive Management Change

May 12, 2017 at 02:15 am EDT

12 May 2017

AGGREKO PLC

EXECUTIVE MANAGEMENT CHANGE

Aggreko plc, the global leader in the provision of mobile, modular power and related solutions announces today a change to the Executive management team.

Nicolas Fournier, Managing Director of Power Solutions since November 2015, will leave the Group with immediate effect, by mutual agreement. The Board would like to thank Nicolas for his contribution and wish him well for the future.

Stephen Beynon will join the Executive team as the new Managing Director of Power Solutions on 15 May 2017. Stephen has over 20 years' experience running large service based businesses. He started his career with Cable & Wireless and then ran the B2B divisions of Optus in Australia and Virgin Media in the U.K., as well as the B2C business of Eircom in Ireland. From 2012 to 2016, he ran the B2B business, and then the residential business of British Gas. Most recently, he has been an independent advisor to companies in the energy sector.

Commenting on the announcement, Chris Weston, Chief Executive, stated:

'On behalf of the Board I would like to thank Nicolas for his contribution and wish him well for the future.

I am very pleased to welcome Stephen to Aggreko. His considerable experience in running large service based businesses and his deep knowledge of the energy sector will prove great assets as Aggreko pursues its programme to return the business to growth.'

Enquiries

Investors & Analysts
Tom Hull, Aggreko plc	+44 7342 056 727
Media
John Sunnucks / Liz Morley, Bell Pottinger	+44 20 3772 2500

This announcement contains inside information.

The person responsible for arranging for the release of this announcement on behalf of Aggreko plc is Peter Kennerley, Group Legal Director & Company Secretary.

END

Aggreko plc published this content on 12 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 May 2017 06:14:23 UTC.

Original documenthttp://otp.investis.com/clients/uk/aggreko/rns1/regulatory-story.aspx?cid=53&newsid=871261

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Company Profile

Aggreko plc is a United Kingdom-based company, which is a provider of modular, mobile power and related solutions. The Company's segments include Power Solutions and Rental Solutions. The Power Solutions segment provides solutions for power requirements. The Power Solutions segment has two businesses: utility and industrial. The Industrial business operates in emerging markets to develop solutions and then rent its equipment for the customers to operate themselves. The Utility business also serves emerging markets, acting as a power provider, installing and operating modular, mobile power plants. The Rental Solutions segment is a transactional business that offers power adjacencies, such as heating, cooling, oil-free air and load-banks. The Company focuses on a range of sectors, including Utilities, oil and gas, Petrochemical and refining, Building services and construction, Events, Manufacturing and Mining.

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