Carclo PLC - Surrey, England-based provider of high-precision components - Appoints Ian Tichias as chief financial officer and executive director. Chief Financial Officer Eric Hutchinson will retire on March 31. Tichias was previously CFO at Xaar PLC.

Chair Joe Oatley says: ‘I am delighted to welcome Ian Tichias onto the board and as CFO. He brings a wealth of finance experience and expertise in a manufacturing environment, and we look forward to him joining the team as we build on our turnaround and deliver sustainable earnings growth into the future.’

Current stock price: 23.38 pence, up 2.5% in London on Thursday

12-month change: more than doubled from 8.81p

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