Directorate Change

RNS Number : 8329M

AMTE Power PLC

24 September 2021

 

24 September 2021

AMTE POWER PLC

("AMTE Power" or the "Company")

Directorate Change

AMTE Power plc ("AMTE Power" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, is pleased to announce the appointment of James Hobson, who will join the Board as Chief Financial Officer ("CFO") Designate with effect from 4 October 2021 and will take over the role of CFO following the conclusion of the upcoming AGM.

James joins the Company with extensive experience in the energy sector and as a director of a public company. Most recently, James was CFO of ADC Energy UK, a clean technology company commercialising new DC microgrid technology powered by batteries. Between 2006 and 2019, He worked for GCM Resources plc, the AIM quoted mining and energy company, holding several senior positions and for the last 7 years as CFO. James is a Fellow Chartered Accountant and graduated from the University of Tasmania in 1998.

James' appointment follows on from the announcement in June that Adam Westcott would be stepping down from his position as CFO. Adam will continue to be a director of the Company until the conclusion of the upcoming AGM and will work with James on an orderly handover.

Kevin Brundish, CEO of AMTE Power , commented

"In James, I believe we have found a worthy successor to Adam. He will bring significant sector and public company experience with him and his knowledge of launching new technology-led energy products to global marketplaces fits neatly with AMTE. As a Board we are looking forward to working with James and pursuing our commercial objectives together."

The following disclosures are in accordance with Schedule 2(g) of the AIM Rules for Companies:

Full name (age)

James Hobson (43)

Current directorships:

GCM Resources plc (Non-Executive Director)

Previous directorships / partnerships (in the last five years):

ADCUK Ltd

Asia Energy Corporation Pty Ltd

Asia Energy (Bangladesh) Pvt Ltd

Asia Energy Corporation (Bangladesh) Pty Ltd

GCM Resources plc

GCM Resources Singapore Pte Ltd

South African Coal Limited

For further information contact:

AMTE Power plc Kevin Brundish (Chief Executive Officer)	Tel: [phone]
WH Ireland Limited (NOMAD and Joint Broker) Chris Fielding / Ben Good	Tel: [phone]
SI Capital Limited (Joint Broker) Nick Emerson / Nick Briers	Tel: [phone]
Novella Communications Tim Robertson / Fergus Young	Tel: [phone]

ABOUT AMTE POWER PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website:  www.amtepower.com

 

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