2 September 2021

AIM:  NEXS

Nexus Infrastructure plc ('Nexus')

Board Changes

Nexus (AIM:NEXS), a leading provider of infrastructure services, multi utilities and EV charging, today announces that Geoffrey French, Non-Executive Chairman will step down from the Board at the end of his second term, on 31 December 2021.

The Board would like to thank Geoff for his significant input and counsel since his appointment as Non-Executive Chairman in 2016.

The Group is pleased to announce the appointment of Richard Kilner as the Independent Non-Executive Chairman with effect from 1 January 2022.  Richard will chair the Nomination Committee, with effect from 1 January 2022, and will continue to serve on the Company's Audit and Remuneration Committees.

With his extensive experience as a Senior Non-Executive Director of Nexus since 2016, Richard has been part of the Board team responsible for the evolution of the Group that resulted in Admission to AIM in July 2017. Richard is a qualified engineer, with significant M&A experience in engineering and energy from his time at 3i. His role as Senior Non-Executive Director and Chair of the Remuneration Committee will be taken up by Ffion Griffith, with effect from 1 January 2022. Ffion joined the Board of Nexus as an Independent Non-Executive Director in 2018.

In line with best practice, Nexus Infrastructure will review the structure and skill set of the Board and requirements for additional non-executive directors in the future.  

Mike Morris CEO of Nexus commented:

"I would like to thank Geoff for his counsel and support for the past 6 years. He has supported the team in developing our strategy and growth plans and most recently guiding the team through the global pandemic.  I am delighted that Richard has agreed to accept the appointment of Non-Executive Chairman and I am looking forward to working with him even more closely in his new role."

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Notes to Editors:

Nexus is a leading provider of essential infrastructure services in the UK housebuilding and commercial sectors. The Group comprises: TriConnex which designs, installs and connects multi utility networks to properties on new residential and commercial developments; eSmart Networks which focuses on electric vehicle charging infrastructure smart grid solutions and renewable infrastructure; and Tamdown, a provider of civil engineering, infrastructure and high-rise construction services.

TriConnex was established in 2011 to take advantage of deregulation in the utilities market with the goal of being recognised as the UK's leading independent provider of multi utility connections to new developments. eSmart Networks was set up in 2018 to meet the UK's growing need for charging infrastructure as the transition from internal combustion engine to electric vehicles gathers pace and has since diversified into smart grid solutions and renewable infrastructure. Tamdown has a well-established market position having been in operation for over 40 years and counts amongst its customers the majority of the top ten largest UK housebuilders.