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Verbrec Limited (ASX:VBC)

ALERT: Price-sensitive ASX Announcement for VBC
Current share price for VBC : $0.200 -0.01 (-4.76%)+
Announcement
Release
16 Mar 2026 9:38AM
Price at Release
$0.210
Full Release
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Summary
Verbrec Limited announced the appointment of Mark Read as Managing Director, following his tenure as CEO since 2023. Mark Read has significantly contributed to Verbrec's growth and brings over 30 years of industry experience to the board. His appointment is part of the company's strategy to ensure continuity and drive growth by delivering shareholder value and enhancing brand presence. Verbrec, listed on the ASX, provides engineering services across the mining, energy, water, and defense sectors in Australia and the Pacific.
Key Points
  • Mark Read appointed as Managing Director of Verbrec Limited
  • Mark Read's appointment follows his role as CEO since 2023
  • He has over 30 years of industry experience
  • The Board extended his notice period to 12 months
  • Verbrec is focused on growth and shareholder value
  • Verbrec serves mining, energy, water, and defense markets
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.