Appointment of Non-Executive Director

Ashington Innovation PLC

16 October 2023

 

Press Release

16 October 2023

Ashington Innovation plc

("Ashington" or "the Company") 

Appointment of Non-Executive Director

Ashington Innovation plc (LSE: ASHI; FSE: 6FW), a special purpose acquisition company, is pleased to announce the appointment of Grant Duthie as non-executive director with immediate effect.

Mr Duthie is a Partner at corporate law firm Garfinkle Biderman LLP in Toronto, Canada, where his work focuses on securities, corporate finance, and mergers and acquisitions. He has developed significant legal expertise from providing specialist advice to clients across life sciences, financial services, natural resources and blockchain technologies, and has a wide range of corporate experience from representing private and publicly traded companies, underwriters and dealers in private and public offerings of debt and equity securities.

Jason Smart, Founder of Ashington, commented: "On behalf of the Board it gives me great pleasure to welcome Grant as our newest non-executive director. Grant's sterling track record in corporate finance, securities, and mergers and acquisitions, paired with his multifaceted expertise across various industry sectors, is a testament to the value he will bring to our board. His appointment not only strengthens our team but also enhances our strategic capabilities at a pivotal moment in Ashington's journey."

For further information please contact:

Ashington Innovation plc
David Orchard General Counsel	via Tancredi [phone]
Tancredi Intelligent Communication Media Relations
Helen Humphrey Charlie Hobbs Neha Dhakal Jasmine Gadhavi [e-mail]	[phone] [phone] [phone] [phone]

About Ashington Innovation plc

Ashington Innovation plc is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.

The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.

The Company is not limited to any specific geographic region in identifying its target companies.

www.ashingtoninnovationplc.com

Listing Rules Disclosures

Ashington hereby makes the following disclosures in respect of Grant Duthie's former and current directorships and external roles:

Company Name	Position	Term
Public Issuers
Maritime Launch Services Inc. (formerly, Jaguar Financial Corporation)	Officer- Corporate Secretary	July 2020 to April 2022
Jones Soda Co. (formerly, Pinestar Gold Inc.)	Officer - Corporate Secretary	November 2021 to February 2022
1319743 B.C. Ltd	Director	October 2021 to December 2021
1319741 B.C. Ltd.	Director	October 2021 to December 2021
1319651 B.C. Ltd.	Director	October 2021 to December 2021
1319472 B.C. Ltd.	Director	October 2021 to December 2021
1319738 B.C. Ltd.	Director	October 2021 to December 2021
1319735 B.C. Ltd.	Director	October 2021 to December 2021
1319732 B.C. Ltd.	Director	October 2021 to December 2021
SuperBuzz Inc. (formerly, Cross Border Capital I Inc.)	Secretary	2022
Private Issuers
2657456 Ontario Inc.	Director	2021 to Present
Grant Duthie Professional Corporation	Director	2022 to Present

Were Rule 9.6.13R of the Listing Rules of the UK Financial Conduct Authority to apply to the Company, there would be no further information to disclose.

 

END