Board Change

Ashington Innovation PLC
16 August 2023
 

Press Release

 

16 August 2023

 

Ashington Innovation plc

 

("Ashington" or "the Company") 

 

Board Change

 

Ashington Innovation PLC, a special purpose acquisition company ("SPAC") aiming to benefit from favourable price conditions for technology companies, announces that Jason Drummond has tendered his resignation to the Board due to his extensive existing business commitments and will step down with immediate effect.

 

Peter Presland, Chairman of Ashington, said: "I would like to sincerely thank Jason for his valuable contribution to the Board and we wish him well with all his current endeavours."

 

For further information please contact:

 

Ashington Innovation plc


David Orchard

General Counsel

via Tancredi +44 207 887 7633

SI Capital Ltd.


Corporate Broker

Jon Levinson

+ 44 1483 413 500

Tancredi Intelligent Communication

Media Relations


Helen Humphrey

Charlie Hobbs

Jasmine Gadhavi

ashington@tancredigroup.com

+44 7449 226 720

+44 7897 557 112

+44 7931 435 236

 

About Ashington Innovation plc

Ashington Innovation PLC is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.

 

The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.

 

The Company is not limited to any specific geographic region in identifying its target companies.

 

www.ashingtoninnovationplc.com

 

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