Director Appointment

RNS Number : 7596E
FastForward Innovations Limited
13 February 2018
 

13 February 2018

FastForward Innovations Ltd

("FastForward" or the "Company")

Board Appointment

FastForward is pleased to announce the appointment of Mr Edward ("Ed") McDermott to the Board as a Non-Executive Director with immediate effect.

 

With over 10 years' experience in the management, financing and development of small companies he has broad experience in a number of sectors including natural resources, technology, financial services, retail and leisure.

 

Ed is currently a Non-Executive Director of AIM listed Fishing Republic Plc and a Non-Executive Director of Emmerson Plc listed on the Official List (Standard Listing). He is part of the corporate finance team at Optiva Securities Limited, the Company's Broker. He has previously served as a Director of AIM listed Stellar Resources Plc and Noricum Gold Ltd.

 

Jim Mellon, Chairman, commented: "We are delighted to welcome Ed to the Board of FastForward where we feel his background in working with growth companies will be of considerable benefit to FastForward Innovations. We remain excited by the opportunities within our existing investee company portfolio and hope that Ed can assist in developing these to realise value for our Shareholders."

 

 

 

Further AIM disclosures relating to Ed McDermott's appointment

 

Edward Peter McDermott (aged 35) has held the following directorships and/or partnerships in the past five years:

 

Current:

 

Past:

 

Fishing Republic Plc

Special Situations Capital Ltd

Farlows Leisure LLP

Marlborough Private Equity Limited

Silver Light Global Ltd

GMOW (Operations) Ltd

Emmerson Plc

Stellar Resources Plc (now named Primorous Plc)

Mummy Social Ltd


 

 

As at the date of this announcement, Ed McDermott has 2,000,000 options to subscribe for Ordinary Shares in the Company on the following terms: 1,000,000 options with a price of 19p vesting as follows 333,333 immediately, 333,333 after a year and 333,334 after 2 years and a further set of 1,000,000 options at 25p on the same terms.

 

There is no further information to be disclosed in relation to Ed's appointment pursuant to AIM Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.

 

This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

FastForward  Innovations Limited

info@fstfwd.co

Sue Saunders / Ian Burns / Ed McDermott

 

Beaumont Cornish Limited (Nomad) Tel: +44 (0) 207 628 3396

James Biddle / Roland Cornish

 

Optiva Securities Limited (Broker) Tel: +44 (0) 203 411 1881

Jeremy King/ Graeme Dickson

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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