Appointment of Non-Executive Director

RNS Number : 5028B

Infrastrata PLC

31 January 2020

 

31 January 2020

InfraStrata plc

("InfraStrata" or the "Company")

Appointment of Non-Executive Director

InfraStrata plc (AIM: INFA), the UK quoted company focused on strategic infrastructure projects, is pleased to announce that Deborah Saw has been appointed as a Non-Executive Director of the Company with effect from 01 February 2020.

Deborah has over 30 years' experience in the public relations industry and was most recently Executive Chair of Newgate Communications, of which she was a founder. She has extensive experience of advising and working with boards and management teams of companies based in the UK and internationally, ranging from start-ups through to FTSE and Fortune 500 companies, and particularly in the energy sector. Prior to Newgate, Deborah held senior roles at Citigate Dewe Rogerson, Burson-Marsteller and Fleishman-Hillard. Deborah has several years' experience of advising boards on contentious issues in the energy and defence sectors.   

John Wood, CEO of InfraStrata, said: "I am delighted to welcome Deborah to the Board of InfraStrata. With her appointment, the Board now comprises two executive and three non-executive directors, which is the optimum size and ratio for a company of our size. Deborah brings with her significant experience within the areas of stakeholder engagement and corporate reputation with a particular focus on the natural resources and defence sectors. As the Company moves into the next phase of its corporate life-cycle, Deborah will be crucial in providing the required advice and oversight on our corporate communications strategy. Additionally, Deborah is an accomplished professional, in her own right, in the financial world. I look forward to working with her. " 

The following information on Deborah Saw is provided in accordance with rule 17 of the AIM Rules for Companies:

Deborah Margaret Saw (also known by her married name, Deborah Margaret Mordecai) is aged 65 and within the last five years has been a director of Newgate Communications Limited, Newgate Sponsorship Limited and Newgate Integrated LLP (dissolved).

For further information, please visit www.infrastrataplc.com or contact:

InfraStrata plc John Wood, Chief Executive	c/o Newgate Communications [phone]
Allenby Capital Limited (AIM Nominated Adviser & Joint Broker) Jeremy Porter / Liz Kirchner	[phone]
Arden Partners plc (Joint Broker) Paul Shackleton / Dan Gee-Summons (Corporate Finance) Simon Johnson (Corporate Broking)	[phone]
Newgate Communications (PR) Elisabeth Cowell/ Ian Silvera/Jamie Williams	[phone]

Notes to editors:

InfraStrata is a London Stock Exchange-quoted group focused on strategic infrastructure projects.

The rapid development of the 100% owned Islandmagee Gas Storage Project is a core workstream for InfraStrata. It is expected to provide 25% of the UK's natural gas storage capacity and to benefit the Northern Ireland economy as a whole when completed. Given that the Committee on Climate Change has advised that the UK will still need a significant quantity of natural gas by 2050 - about 70% of today's consumption - the market opportunity for this project is compelling.

The Company also owns and operates the assets of Harland & Wolff in Belfast, where it will undertake the fabrication work for the Islandmagee project, as well as establishing secondary revenue streams through the provision of services to the energy, maritime and defence sectors should such opportunities arise in future.

Mindful of the fact that safe, secure and flexible sources of energy are needed for a sustainable future, InfraStrata is focused on providing investors with exposure to a growing portfolio of UK, European and international energy infrastructure projects. With this in mind, the Company's highly experienced team is focused on acquiring, developing and commercialising innovative infrastructure projects around the world. 

The Front-End Engineering & Design (FEED) and Insitu Downhole Testing programme for the Islandmagee Gas Storage Project is co-financed by the European Union's Connecting Europe Facility.

Disclaimer releasing the European Union from any liability in terms of the content of the dissemination materials:

"The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein."

 

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