Board Update

RNS Number : 7232O

Calnex Solutions PLC

14 June 2022

 

14 June 2022

Calnex Solutions plc

("Calnex" or the "Company")

Board Update

Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement solutions for the global telecommunications sector, announces that following nine years as Chair of the Board of Calnex, George Elliott has taken the decision to retire from his position on the Board of Directors and will not seek re-election at the Company's 2022 AGM. The Company is pleased to confirm that current Non-Executive Director, Stephen Davidson, has been appointed as Chair Designate and will succeed George at the conclusion of the AGM on 17 August 2022.

Stephen Davidson joined the Board of Calnex in January 2022 and is an accomplished director of both public and private companies, with more than 20 years' PLC-board experience. He has previously acted as Chair at AIM-traded companies Actual Experience plc, RBG Holdings plc and Jaywing plc and at JSE-listed Datatec plc.

George Elliott, Chair of Calnex, commented, "When I joined Tommy and the team in 2013 it was evident to me that the future for Calnex was an exciting one. It has been an honour to help guide the business through its subsequent growth and journey onto the public markets. I am confident there is a strong Board and management team in place and with its outstanding customer base, the ongoing transition of the telecoms industry to 5G and the growth in cloud computing, the future for Calnex is brighter than ever."

Tommy Cook, CEO of Calnex, commented , "George has been a huge support to me over the past nine years and I and the whole Company thank him for his service and wish him all the very best. Our new Directors, Stephen and Margaret Rice-Jones who joined us in January, have quickly become valued colleagues and we have benefitted from their extensive experience and knowledge. I look forward to continuing to work with them both and the wider Board to drive Calnex forward."

For more information, please contact:

Calnex Solutions plc	Via Alma PR
Tommy Cook, Chief Executive Officer Ashleigh Greenan, Chief Financial Officer
Cenkos Securities plc - NOMAD	[phone]
Derrick Lee, Peter Lynch
Alma PR	+ 44(0) 20 3405 0213
Caroline Forde, Hannah Campbell, Joe Pederzolli

Overview of Calnex

Calnex Solutions designs, produces and markets test and measurement instrumentation and solutions for the telecoms and cloud computing industries. Calnex's portfolio enables R&D, pre-deployment and in-service testing for network technologies and networked applications, enabling its customers to validate the performance of the critical infrastructure associated with telecoms and cloud computing networks and the applications that run on it.

To date, Calnex has secured and delivered orders to over 680 customer sites in 68 countries across the world. Customers include BT, China Mobile, NTT, Ericsson, Nokia, Intel, Qualcomm, IBM and Meta.

Founded in 2006, Calnex is headquartered in Linlithgow, Scotland, with additional locations in Belfast, Northern Ireland, Stevenage, England and California in the US, supported by sales teams in China and India. Calnex has a global network of partners, providing a worldwide distribution capability. 

 

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