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Utilitywise Says EIC Managing Director Has Stepped Down

Thu, 06th Mar 2014 12:50

LONDON (Alliance News) - Utilitywise PLC Thursday said the managing director of Energy Information Centre, a business it acquired in July last year in a deal worth GBP15.5 million, has resigned from the board.

The firm said Simon Butterfield has stepped down to pursue other interests. He will remain a "substantial" shareholder in Utilitywise.

The stock was trading at 324 pence Thursday afternoon, down 4 pence or 1.2%.

By Anthony Tshibangu; anthonytshibangu@alliancenews.com;

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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