Malcolm Diamond MBE honoured with lifetime achievement award at Small Cap Awards
Malcolm Diamond MBE, Trifast PLC’s non-executive chairman has been honoured with a lifetime achievement award for his work with UK small cap companies.
Malcolm was recognised by his peers at the Small Cap Awards gala last month for his work within the PLC environment and in particular for his work as non-executive chairman with AIM listed company Flowtech Fluidpower. Flowtech is the UK’s leading distributor of technical fluid power products and has an international presence.
The ceremony was held in London’s Montcalm Hotel and was attended by 200 guests. The awards, celebrating their 5th anniversary this year, recognise companies with a market capitalisation of up to £150m. Awards were given to businesses and individuals across eleven categories, including IPO of the year, executive director of the year, and small cap adviser of the year.
Malcolm says: “This was a truly wonderful surprise. I am very proud to have been associated with a number of fantastic businesses throughout my career, and it is very gratifying to be recognised by my peers in this way. All the companies I work with, in particular Trifast, Flowtech and ACAL, believe in hard work, collaboration and high-quality performance, and it’s my absolute pleasure to work with the teams and see these enterprises continue to develop and thrive.”
Malcolm has had a long and successful 40 year career; he joined TR Fastenings in 1981 and became managing director of the company in 1984. He led the team to its public listing in 1994 as CEO, a position he retained for 18 years before initially retiring in 2002, however he was reappointed to the Board in 2009 to spearhead a new recovery strategy for TR and return it to profitability with his team. Since 2009 the share price has increased from 8.00p to 214p before his re-retirement in 2017. He took up the role as non-exec chairman on 1 April 2017 leaving the Group in the capable hands of Mark Belton who was appointed CEO in 2016 and the PLC Executive team of Geoff Budd, Glenda Roberts and Clare Foster and the TR operational senior management.
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