Confirmation of Board Appointments

Pressure Technologies PLC

23 May 2023

 

Pressure Technologies plc

("Pressure Technologies" or "the Company")

Confirmation of Board Appointments

Pressure Technologies plc (AIM: PRES), the specialist engineering group, is pleased to confirm the following Board appointments, which take effect from today and follow the earlier release of the Company's Annual Report and Accounts for the year ended 1 October 2022.

Steve Hammell, who joined the Company as CFO on 2 May 2023, has been appointed to the Board and Richard Staveley, a representative of Harwood Capital LLP, has been appointed as Non-Executive Director.

Additional information regarding these expected appointments was included in the Company's announcements of 17 January 2023 and 21 March 2023. There are no changes to the regulatory disclosures included in those announcements.

For further information, please contact:

Pressure Technologies plc Chris Walters, Chief Executive	Tel: [phone] [e-mail]
Singer Capital Markets (Nomad and Broker) Rick Thompson/Asha Chotai	Tel: [phone]
Houston (Financial PR and Investor Relations) Kay Larsen / Ben Robinson	Tel: [phone]

COMPANY DESCRIPTION

www.pressuretechnologies.com

With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial and hydrogen energy markets.

The Company has two divisions, Chesterfield Special Cylinders and Precision Machined Components.

Chesterfield Special Cylinders (CSC) -  www.chesterfieldcylinders.com

·      Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH.

Precision Machined Components (PMC) -  www.pt-pmc.com

·      Precision Machined Components includes the Al-Met, Roota Engineering and Martract sites.

 

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