Street Calls of the Week
LONDON - Croma Security Solutions Group plc (AIM:CSSG) announced Friday that Non-Executive Director Steve Naylor has informed the board he will not seek re-election at the company’s Annual General Meeting expected in December 2025.
Naylor will step down from his director position at that time, according to a statement released by the security solutions provider.
The company, which specializes in locksmith, fire and security services for domestic and commercial environments, currently operates 17 security centers across the UK, from its Southampton headquarters to locations in the Midlands and Northwest.
Croma has been implementing a growth strategy focused on establishing a national security network. In 2023, the company sold its man-guarding business Vigilant for £6.5 million, using the proceeds to fund business expansion primarily through acquiring local locksmith businesses.
The AIM-listed company, founded in 1970, employs over 90 people and serves various sectors including health, education, leisure, entertainment, and utilities.
The announcement was made via a regulatory information service in accordance with UK market regulations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.