IN BRIEF: Mincon Founder Patrick Purcell retires as non-exec director

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Mincon Group PLC - Shannon, Ireland-based engineering firm - announces the retirement of the company’s Founder Patrick Purcell as non-executive director, effective immediately. Jussi Rautiainen has been appointed as a non-executive director with immediate effect.

Chief Executive Officer Joe Purcell said: ‘Having witnessed the company growth story through my own involvement from an early age, I know the focus, drive, and commitment required from Patrick to guide Mincon to this point. As a result, I understand and appreciate his desire to step down at this time and have no doubt that he will maintain a keen interest in the exciting developments to come.’

Current stock price: 38.00 pence, flat on Monday afternoon in London

12-month change: down 17%

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