Pressure Technologies PLC Board Change (1224B)
28 Enero 2020 - 1:01AM
UK Regulatory
TIDMPRES
RNS Number : 1224B
Pressure Technologies PLC
28 January 2020
28 January 2020
Pressure Technologies plc
("Pressure Technologies" or the "Group")
Board changes
Pressure Technologies (AIM: PRES), the specialist engineering
group, is pleased to announce that Tim Cooper today joins the Board
of the Company as a Non-Executive Director.
Tim has significant experience at senior levels of international
businesses in the industrial sector having spent the last 10 years
at Victrex plc, a leading supplier of high performance polymer
solutions, as managing director of the company's Industrial
Division. Tim recently stepped down from the Victrex Board after
serving seven years as an Executive Director, having announced his
intention to retire in June 2020. Prior to joining Victrex in 2010,
he held senior leadership positions at Umeco Plc, Tellermate Plc
and Avery Berkel Ltd developing his earlier international career
with GEC, British Petroleum Plc and Land Rover.
In November 2018, Tim was appointed a Non-Executive Director of
Renold plc and recently became chair of the company's remuneration
committee.
Sir Roy Gardner commented:
"I am delighted to welcome Tim to the Group. His experience of
growing customer focused, quality driven manufacturing businesses
will ensure that he adds real value to the Board."
For further information please contact:
Pressure Technologies plc
Chris Walters, Chief Executive Tel: 0114 257 3616
Joanna Allen, Chief Financial Officer pressuretech@investor-focus.co.uk
N+1 Singer (Nomad and Broker) Tel: 0207 496 3000
Mark Taylor / Lauren Kettle
IFC Advisory Ltd (Financial PR Tel: 0203 934 6630
and IR)
Graham Herring / Tim Metcalfe /
Zach Cohen
Further information
In accordance with obligations under the AIM Rules Schedule
2(g), Timothy John Cooper, 60, holds or has held the following
directorships in the previous five years:
Current directorships(*) Past directorships
Renold plc Aghoco 1491 Limited
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Invibio Device Component Manufacturing
Limited
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Invibio Knees Limited
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Invibio Limited
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Juvora Limited
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Victrex plc
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Victrex Trading Limited
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Victrex Trustee Limited
---------------------------------------
Victrex USA Holdings Limited
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Zyex Group Limited
---------------------------------------
Zyex Limited
---------------------------------------
Zyex Reclaim Limited
---------------------------------------
(*) This list excludes a directorship from which Tim resigned in
2003 but for which the requisite corporate filings have yet to be
completed by the relevant parties.
There is no further information to be disclosed pursuant to
Schedule 2(g) of the AIM Rules for Companies.
COMPANY DESCRIPTION
Company description - www.pressuretechnologies.com
With its head office in Sheffield, the Pressure Technologies
Group was founded on its leading market position as a designer and
manufacturer of high-integrity, safety-critical components and
systems serving global supply chains in oil and gas, defence,
industrial gases and hydrogen energy markets.
The Group has two divisions, Precision Machined Components and
Chesterfield Special Cylinders.
Precision Machined Components (PMC) - www.pt-pmc.com
-- Precision Machined Components includes the Al-Met, Roota
Engineering, Quadscot and Martract brands.
Chesterfield Special Cylinders (CSC) -
www.chesterfieldcylinders.com
-- Chesterfield Special Cylinders, Sheffield, includes CSC
Deutschland GmbH, which is based in Dorsten, Germany.
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END
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