Appointment of Non-Executive Director

RNS Number : 4545N

Sabien Technology Group PLC

01 February 2021

 

1 February 2021

Sabien Technology Group plc

("Sabien" or the "Company")

Appointment of Non-Executive Director

The Board of Sabien announces the appointment of Ranald McGregor-Smith as Non-Executive Director of the Company, effective immediately.

Ranald has worked as a corporate adviser and broker for most of his career and has significant experience in leadership roles at a number of advisory firms, where he worked with both listed and private companies. In 2010, Ranald co-founded Whitman Howard Ltd, an investment banking business, before its sale to a large competitor in 2020. Prior to this Ranald spent 20 years at Hoare Govett, latterly as a Board Director.

Richard Parris, Executive Chairman of Sabien, commented: "Ranald McGregor-Smith brings a wealth of capital markets experience to the Sabien Board. He was worked with and advised a host of companies and their boards through a 33 year banking career which has encompassed a period of significant change in the equity capital markets. As Sabien enters the next, exciting stage of its development, I can think of no-one more qualified to advise the Board on the tasks ahead."

Commenting on his appointment, Ranald McGregor-Smith said: "I am delighted to join the Sabien Board at such an exciting stage in its development. The Board is committed to building on its green technology focus, both organically and, where appropriate, through acquisition. I look forward to working with my new colleagues and shareholders in bringing this vision to reality."

Regulatory Disclosures

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies, Ranald Howard McGregor-Smith, (aged 57) is, or has been within the last five years, a director or partner in the following companies and partnerships:

Current directorships/partnerships	Directorships/partnerships held within the last five years
Bridgend Finance Limited	Whitman Howard Limited Whitman Group Limited Countryman Agricultural Limited

Ranald McGregor-Smith does not currently hold any ordinary shares in the Company.

For further information:

Sabien Technology Group plc Richard Parris, Executive Chairman	[phone]
Allenby Capital Limited (Nominated Adviser) John Depasquale / Asha Chotai	[phone]
Peterhouse Capital Limited (Broker) Duncan Vasey / Lucy Williams	[phone]
The person who arranged for the release of this announcement on behalf of the Company was Richard Parris, Executive Chairman. A copy of this announcement will be available from the Company's website at  www.sabien-tech.co.uk  .

 

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