(Alliance News) - Verditek PLC said Tuesday it has appointed a new chief sales & communications officer as part of a refocused sales strategy.
Shares in the green technology investment firm were 16% higher in London on Tuesday at 2.50 pence each.
Verditek said Ravinder Shan has over 25 years experience with start-ups, including solar projects in the US, UK, EU and India.
"With Ravinder's appointment now as CSO Verditek has refocused our sales strategy to develop vertical commercial solutions for our key markets. The work done in 2019 with our sales team has identified many material applications for our lightweight low-profile solar panels to provide renewable energy where it was previously impossible," the company said.
Verditek also said it is currently in trials to confirm the performance of its integrated solutions, which it hopes will be converted into sales.
Chief Executive Geoff Nesbitt said: "It has been many months of work to establish the right fit in relationships that will drive our partnerships forward for years to come, but I am happy with the progress we made on this front. 2020 will be a time to harvest the results of our collaborations."
By Paul McGowan; paulmcgowan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.