RNS Number : 9883Q
Elektron PLC
12 August 2010
 

ELEKTRON PLC

 

Board Appointments

 

On 30 July 2010 Elektron plc ("Elektron" or "the Company") announced that it had acquired a majority shareholding in Hartest Holdings plc and that it intends to make an offer for remaining shares that it does not own. As a result of the acquisition and as announced on 6 August 2010, a review of Board structure is taking place.

 

Neill Ricketts and John Wilson have today been appointed Directors of the Company.

 

Neill Ricketts is an operations specialist with over 20 years of senior level experience working in sectors including automotive, Formula One, aerospace and defence. Since joining Elektron in December 2008 he has successfully turned around a number of underperforming businesses that had been neglected by their previous owners.

 

John Wilson joined Elektron in March 2008 as Technical Director, after a career in high-tech industry and technology consulting for a world leading technology consultancy.  He was subsequently appointed Group Technology Advisor, President & CEO of the US subsidiary and most recently, Divisional Managing Director of Elektron Technology ('ET') in April 2010.  He is responsible for ET's transformation to a technology based solutions provider.

 

Commenting, Keith Daley, Chairman of Elektron, said:

 

'These are two important and well deserved appointments. Elektron has already benefited from the skills and dynamism of Neill and John. I am delighted to welcome them to the board'.

 

The following disclosures are required regarding the Board appointments pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies:

 

Director full name and age

 

Current directorships

Directorships within the last 5 years

Neill Gareth Ricketts, age 39

Titman Tip Tools Ltd

Hardide Coatings Ltd (resigned 2008)


Digitron Instrumentation Ltd



Total Carbide Ltd



Kronos Engineering Solutions Limited



Howle Holdings Ltd


 

Director full name and age

 

Current directorships

Directorships within the last 5 years

John Frederick Wilson, age 34

Elektron Components Ltd


 

 

There are no further disclosures required to be made relating to John Wilson or Neill Ricketts under Schedule 2(g) of the AIM Rules for Companies.

 

For further information please contact:

Keith Daley

Chairman

Ed Frisby/Rose Herbert  - Corporate Finance

Simon Starr - Corporate Broking

Elektron PLC

finnCap

Tel: 020 8348 0810

Tel: 020 7600 1658

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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