Abingdon
Health plc
("Abingdon Health", the "Group" or the
"Company")
Directorate
Change
Appointment of Chief Financial
Officer
York, U.K. 19 December 2024:
Abingdon Health plc (AIM: ABDX),
a leading international lateral flow contract research (CRO) and
contract development and manufacturing organisation (CDMO),
announces the appointment of Tom Hayes as Chief Financial Officer
("CFO") and a Director of the Company. Tom will join Abingdon on 6
January 2025 on a part-time basis and will assume the full-time
position by April 2025.
Tom has
significant capital markets experience having spent the last ten
years as Group Finance Director at Northern Bear plc, an AIM-listed
Group of ten specialist building services companies assembled
through an acquisition strategy. Tom has previously held roles at
Sentio Insight LLP, a boutique advisory firm, providing a range of
financial due diligence and transaction services, and Ernst &
Young LLP, gaining corporate finance advisory experience in the
private equity, corporate and public sectors. Tom qualified as a
Chartered Accountant with Arthur Andersen & Co.
Tom Hayes
Chief Financial Officer
of Abingdon Health plc
Dr Chris Hand, Executive
Chairman of Abingdon Health plc, commented: "I am delighted to
welcome Tom to Abingdon Health plc as CFO and board director. This
is a key time for Tom to join as we continue our growth,
consolidate our recent acquisitions and expand our activities into
the USA via our Madison, WI base. Tom has over 25 years'
experience, particularly with AIM-listed companies, having worked
as Group Finance Director at Northern Bear plc and prior to this in
advisory roles. 2025 is going to be an exciting year for Abingdon
with our upcoming growth plans and Tom with his expertise will be a
great addition to the business."
Additional Disclosures
Required under the AIM Rules for Companies
Thomas Edward
Hayes (aged 48) has held the following directorship or partnerships
in the past five years:
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Current
directorships/partnerships
Springs Roofing
Limited
Alcor Handling
Solutions Limited
H. Peel & Sons
Limited
J Lister
Electrical Limited
Isoler
Limited
Jennings Roofing
Limited
|
Previous
directorships/partnerships (last five years)
Sab Invest LLP
(Dissolved)
Lister Holdings
(York) Limited (Dissolved)
Jennings
Properties Limited (Dissolved)
H Peel & Sons
(Holdings) Limited (Dissolved)
Maxaim Strategic
and Financial Management Limited (Dissolved)
|
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Arcas Building
Solutions Limited
|
|
|
Northern Bear
(Safety) Limited
|
|
|
Wensley Roofing
Limited
|
|
|
MGM
Limited
|
|
|
Northern Bear
plc
|
|
|
SH Consultancy
Oakwood Limited
|
|
|
Sentio Insight
LLP
|
|
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A1 Industrial
Trucks Limited
|
|
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System Roofing
Services Limited
|
|
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Northern Bear
Construction Limited
|
|
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Northern Bear
Roofing Limited
|
|
|
Joom
LLP
|
|
Tom Hayes and
persons closely associated (as defined under MAR) with Mr Hayes do
not hold any shares in the Company.
Save as disclosed
above, there is no further information to be disclosed in respect
of the above appointment pursuant to Rule 17 and Schedule 2
paragraph (g) of the AIM Rules for Companies.
Enquiries:
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Abingdon Health plc
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www.abingdonhealth.com/investors/
|
|
Chris
Yates, Chief Executive
Officer
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Via
Walbrook PR
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Chris
Hand, Executive Chairman
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Zeus (Sole Broker and Nominated
Adviser)
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Tel: +44 (0)20 3829 5000
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Chris Fielding / Alexandra
Campbell-Harris (Corporate Finance)
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Fraser Marshall (Corporate
Broking)
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Walbrook PR (Media & Investor
Relations)
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Tel: +44 (0)20 7933 8780
or abingdon@walbrookpr.com
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Paul McManus / Alice
Woodings
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Mob: +44 (0)7980 541 893 /
+44 (0)7407 804 654
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Phillip Marriage
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+44 (0)7867 984 082
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About Abingdon Health plc
Abingdon Health Group is a
leading med-tech contract service provider offering its services to
an international customer base.
The Company's CDMO
division offers lateral flow product
development, regulatory support, technology transfer and
manufacturing services for customers looking to develop new assays
or transfer existing laboratory-based assays to a lateral flow
format. Abingdon Health's CDMO division has the internal
capabilities to take lateral flow projects, in areas such as
infectious disease and clinical testing, including companion
diagnostics, animal health and environmental testing, from initial
concept through to routine and large-scale manufacturing; from
"idea to commercial success".
Abingdon's regulatory services
companies, Compliance
Solutions (Life Sciences) and IVDeology,
provide a broad range of regulatory services to the in vitro
diagnostic and wider medical device industry, to support customers
in bringing products to market across a range of territories
including the USA, EU and the UK. Our consultancy
services range from design, implementation and maintenance of
quality management systems, preparation of technical files for
regulatory approvals, part-time and interim management support,
auditing both internal and external, management reviews and
presentations, training and mentoring.
Abingdon Health's Abingdon
Simply Test range of self-tests is an e-commerce platform that
offers a range of self-tests to empowers consumers to manage their
own health and wellbeing. The Abingdon
Simply Test e-commerce site offers
consumers a range of information to support them in making informed
decisions on the tests available. In addition, the site provides
Abingdon's contract services customers with a potential route to
market for self-tests. The Abingdon Simply Test range is also sold
through international distributors and through other channels in
the UK and Ireland, such as pharmacy
chains.
Founded in 2008, Abingdon
Health is headquartered in York, England.
For more information
visit: www.abingdonhealth.com