Bilby PLC - London-headquartered gas heating, electrical and building services firm - Changes name to Kinovo PLC after board approval.
"This reflects the fundamental changes and realignment that have taken place and re-positions the business for the future," company explains.
Chief Executive David Bullen adds: "As a board, we believed the time was right for a re-brand, having steered the business through a successful turnaround and wishing to now look to the future with a reinvigorated purpose."
We are therefore delighted to announce our new name and brand identity. The name Kinovo was derived through a series of workshops that included our employees; 'kin' relates to family; our people, our subsidiaries, our clients and communities. It also forms part of the word 'kinetic'; a type of motion that gains more energy as it accelerates. The word 'novo' is from the Latin word meaning to make new," Bullen continues.
Current stock price: 39.00 pence
Year-to-date change: up 56%
By Paul McGowan; paulmcgowan@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
