PRES Pressure Technologies Plc

TIDMPRES

RNS Number : 1988Y

Pressure Technologies PLC

11 May 2021

11 May 2021

Pressure Technologies plc

("Pressure Technologies" or the "Group")

Board Change and Appointment of Chief Financial Officer

Pressure Technologies (AIM:PRES), the specialist engineering group, is pleased to announce the appointment of James Locking as Chief Financial Officer. James also joins the Group's Board with immediate effect.

Appointed Interim Group Finance Director in October 2020, James qualified with KPMG and brings over twenty years of experience in Finance Director and Financial Controller roles across a range of sectors. James joined Pressure Technologies in January 2019 and is based in Sheffield, UK.

Chris Walters, Chief Executive commented:

"James brings considerable experience to the Group and has demonstrated strong financial leadership in his role throughout the operational challenges of the pandemic and as we have continued to drive strategic progress following the successful GBP7.5 million fundraising in December 2020. I am delighted to confirm James's appointment to the Board."

Regulatory disclosures

In accordance with Schedule 2(g) of the AIM Rules for Companies, James Locking (aged 48) is, or has been within the previous five years, a director or partner of the following companies or partnerships:

 
 Current directorships/partnerships   Past directorships/partnerships 
 None                                 JVN Limited 
                                       Barnsley Healthcare Federation 
                                       CIC 
                                       Barnsley Healthcare Federation 
                                       (BHF) CIC 
                                       BHF Corporate Services Limited 
                                     -------------------------------- 
 

There is no further information to be disclosed pursuant to Schedule 2(g) of the AIM Rules for Companies.

ENDS

For further information, please contact:

 
 Pressure Technologies plc            Tel: 0330 015 0710 
  Chris Walters, Chief Executive       PressureTechnologies@houston.co.uk 
 N+1 Singer (Nomad and Broker)        Tel: 0207 496 3000 
  Mark Taylor / Asha Chotai 
 Houston (Financial PR and Investor   Tel: 0204 529 0549 
  Relations) 
  Kate Hoare / Anushka Mathew / Ben 
  Robinson 
 

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END

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May 11, 2021 02:01 ET (06:01 GMT)

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