TIDMPRES

RNS Number : 6341W

Pressure Technologies PLC

20 August 2020

20 August 2020

Pressure Technologies plc

("Pressure Technologies" or the "Group")

Board Changes

The Board of Pressure Technologies (AIM: PRES), the specialist engineering group, announces that Joanna Allen will be stepping down from her role as Chief Financial Officer ("CFO").

Joanna will remain a member of the Board until 31 October 2020 and will support the Group in ensuring a smooth transition.

The Board has commenced a recruitment process for a new CFO and a further announcement regarding a successor will be made in due course.

Commenting, Chris Walters, Chief Executive of Pressure Technologies plc said:

"On behalf of the Board, I would like to thank Jo for her significant contribution and service to the Group during her five-years with the business. We wish Jo every success for the future."

For further information, please contact:

 
  Pressure Technologies plc             Tel: 0114 257 3616 
  Chris Walters, Chief Executive        PressureTechnologies@houston.co.uk 
  N+1 Singer (Nomad and Broker)         Tel: 0207 496 3000 
   Mark Taylor / Carlo Spingardi 
  Houston (Financial PR and Investor    Tel: 0203 701 7660 
   Relations) 
   Kate Hoare / Anushka Mathew / 
   Ben Robinson

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, Chesterfield Special Cylinders and Precision Machined Components.

Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com

-- Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH and Chesterfield Special Cylinders Inc.

   Precision Machined Components (PMC) -   www.pt-pmc.com

-- Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot, Precision Engineers and Martract brands.

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END

BOASFUFWUESSEEA

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August 20, 2020 02:00 ET (06:00 GMT)

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