Board Change and Appointment of CFO

RNS Number : 1988Y

Pressure Technologies PLC

11 May 2021

 

11 May 2021

Pressure Technologies plc

("Pressure Technologies" or the "Group")

Board Change and Appointment of Chief Financial Officer

Pressure Technologies (AIM:PRES), the specialist engineering group, is pleased to announce the appointment of James Locking as Chief Financial Officer.  James also joins the Group's Board with immediate effect.

Appointed Interim Group Finance Director in October 2020, James qualified with KPMG and brings over twenty years of experience in Finance Director and Financial Controller roles across a range of sectors.  James joined Pressure Technologies in January 2019 and is based in Sheffield, UK.

Chris Walters, Chief Executive commented:

"James brings considerable experience to the Group and has demonstrated strong financial leadership in his role throughout the operational challenges of the pandemic and as we have continued to drive strategic progress following the successful £7.5 million fundraising in December 2020.  I am delighted to confirm James's appointment to the Board."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules for Companies, James Locking (aged 48) is, or has been within the previous five years, a director or partner of the following companies or partnerships:

Current directorships/partnerships	Past directorships/partnerships
None	JVN Limited Barnsley Healthcare Federation CIC Barnsley Healthcare Federation (BHF) CIC BHF Corporate Services Limited

There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.

ENDS  

For further information, please contact:

Pressure Technologies plc Chris Walters, Chief Executive	Tel: [phone] [e-mail]
N+1 Singer   (Nomad and Broker) Mark Taylor / Asha Chotai	Tel: [phone]
Houston   (Financial PR and Investor Relations) Kate Hoare / Anushka Mathew / Ben Robinson	Tel: [phone]

 

END

 

 

BOAEFLBFFELEBBV