Directorate Change
INSPECS Group plc announced that Non-Executive Director Shaun Smith is stepping down today, having joined the Board in 2022 and served on key committees including Audit and Risk, Remuneration and Nomination, and the Transaction Committee. His financial expertise and transaction experience were noted as particularly valuable in navigating unsolicited approaches in 2025, which led to the recommended offer from Bidco 1125 Limited that closed earlier this year. The Board expressed gratitude for his significant contributions and steady judgment during challenging periods.
Select text to share a quote on X · sign in to keep highlights & notes in your SPEC notes
INSPECS Group plc, a leading designer, manufacturer and distributor of eyewear (sunglasses, optical frames and low vision products), announces that Shaun Smith is today stepping down as a Non-Executive Director of the Company.
The Board would like to thank Shaun for his significant contribution to the Company. Since joining the Board in 2022 he has served on both the Audit and Risk and Remuneration and Nomination Committees. As a member of the Transaction Committee, Shaun also helped the Company to navigate the series of unsolicited approaches it received in 2025, culminating in the recommended offer from Bidco 1125 Limited which closed earlier this year.
Robin Totterman, Executive Chair of INSPECS Group plc, commented:
"Shaun has been a real asset to INSPECS, and I want to thank him for the commitment and care he brought to the Board. He joined us during a demanding period, and his professionalism and steady judgement helped guide the Company through some genuinely challenging moments.
"His financial expertise and transaction experience proved especially valuable over the past year as we worked through the approaches the Company received - we were fortunate to have him at the table.
"On behalf of the Board and everyone at INSPECS, I wish Shaun every success in his next chapter."
For further information please contact: Inspecs Group plc Richard Peck (CEO) Tel: +44 (0) 1125 717 000 Peel Hunt (Nominated Adviser and Broker) George Sellar Andrew Clark Tel: +44 (0) 20 7418 8900
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.