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Thursday, October 30, 2025

Cape appoints new Chief Financial Officer

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Cape plc, the international provider of essential, non-mechanical support services to the energy and mineral resources sectors, is pleased to announce the appointment of Michael Speakman as Chief Financial Officer with immediate effect. 

Michael Speakman

Michael has 30 years of experience with public and private companies across a range of industries, holding senior operational, divisional and corporate roles, within TI Group plc and Smiths Group plc between 1982 and 2004, before being appointed as Chief Financial Officer for the oil field services company Expro International Group plc.

In his position at Expro he played a key role in the development of the company from a FTSE small cap company to a business that was on the verge of breaking into the FTSE 100 when it was successfully auctioned and taken private in 2008.  Since the change in ownership, Michael has been engaged in a combination of CFO and General Management responsibilities within Expro.

Michael holds a BSc in Engineering and he is a Fellow of the Chartered Institute of Management Accountants.

Joe Oatley commented: “I am delighted that Mike is joining Cape at what is an important time for the business. He brings a wealth of skills and experience to Cape and I am looking forward to working with him to develop and grow the business.”

Michael Speakman commented: “I am excited to be joining Cape at this time and I look forward to building on the core strengths of the Group to deliver long-term value to shareholders.”

Michael is a former director of Expro International Group plc. In accordance with the UK Listing Rules, the Company confirms that there are no further details that are required to be disclosed under paragraph LR 9.6.13 R of the UK Listing Rules in respect of Michael Speakman.

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