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Last checked at 
19 Dec 2024 07:00
Abingdon Health plc
("Abingdon Health", the "Group" or the "Company")
Directorate Change
Appointment of Chief Financial Officer
York, U.K. 19 December 2024: Abingdon Health plc (AIM: ABDX), a leading international lateral flow contract research (CRO) and contract development and manufacturing organisation (CDMO), announces the appointment of Tom Hayes as Chief Financial Officer ("CFO") and a Director of the Company. Tom will join Abingdon on 6 January 2025 on a part-time basis and will assume the full-time position by April 2025.
Tom has significant capital markets experience having spent the last ten years as Group Finance Director at Northern Bear plc, an AIM-listed Group of ten specialist building services companies assembled through an acquisition strategy. Tom has previously held roles at Sentio Insight LLP, a boutique advisory firm, providing a range of financial due diligence and transaction services, and Ernst & Young LLP, gaining corporate finance advisory experience in the private equity, corporate and public sectors. Tom qualified as a Chartered Accountant with Arthur Andersen & Co.
Tom Hayes
Chief Financial Officer of Abingdon Health plc
Dr Chris Hand, Executive Chairman of Abingdon Health plc, commented: "I am delighted to welcome Tom to Abingdon Health plc as CFO and board director. This is a key time for Tom to join as we continue our growth, consolidate our recent acquisitions and expand our activities into the USA via our Madison, WI base. Tom has over 25 years' experience, particularly with AIM-listed companies, having worked as Group Finance Director at Northern Bear plc and prior to this in advisory roles. 2025 is going to be an exciting year for Abingdon with our upcoming growth plans and Tom with his expertise will be a great addition to the business."
Additional Disclosures Required under the AIM Rules for Companies
Thomas Edward Hayes (aged 48) has held the following directorship or partnerships in the past five years:
Current directorships/partnerships Springs Roofing Limited Alcor Handling Solutions Limited H. Peel & Sons Limited J Lister Electrical Limited Isoler Limited Jennings Roofing Limited | Previous directorships/partnerships (last five years) Sab Invest LLP (Dissolved) Lister Holdings (York) Limited (Dissolved) Jennings Properties Limited (Dissolved) H Peel & Sons (Holdings) Limited (Dissolved) Maxaim Strategic and Financial Management Limited (Dissolved) |
Arcas Building Solutions Limited | |
Northern Bear (Safety) Limited | |
Wensley Roofing Limited | |
MGM Limited | |
Northern Bear plc | |
SH Consultancy Oakwood Limited | |
Sentio Insight LLP | |
A1 Industrial Trucks Limited | |
System Roofing Services Limited | |
Northern Bear Construction Limited | |
Northern Bear Roofing Limited | |
Joom LLP |
Tom Hayes and persons closely associated (as defined under MAR) with Mr Hayes do not hold any shares in the Company.
Save as disclosed above, there is no further information to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies.
Enquiries:
Abingdon Health plc | www.abingdonhealth.com/investors/ | ||
Chris Yates, Chief Executive Officer | Via Walbrook PR | ||
Chris Hand, Executive Chairman | |||
Zeus (Sole Broker and Nominated Adviser) | Tel: +44 (0)20 3829 5000 | ||
Chris Fielding / Alexandra Campbell-Harris (Corporate Finance) | |||
Fraser Marshall (Corporate Broking) |
| ||
Walbrook PR (Media & Investor Relations) | Tel: +44 (0)20 7933 8780 or abingdon@walbrookpr.com | ||
Paul McManus / Alice Woodings | Mob: +44 (0)7980 541 893 / +44 (0)7407 804 654 | ||
Phillip Marriage | +44 (0)7867 984 082 | ||
About Abingdon Health plc
Abingdon Health Group is a leading med-tech contract service provider offering its services to an international customer base.
The Company's CDMO division offers lateral flow product development, regulatory support, technology transfer and manufacturing services for customers looking to develop new assays or transfer existing laboratory-based assays to a lateral flow format. Abingdon Health's CDMO division has the internal capabilities to take lateral flow projects, in areas such as infectious disease and clinical testing, including companion diagnostics, animal health and environmental testing, from initial concept through to routine and large-scale manufacturing; from "idea to commercial success".
Abingdon's regulatory services companies, Compliance Solutions (Life Sciences) and IVDeology, provide a broad range of regulatory services to the in vitro diagnostic and wider medical device industry, to support customers in bringing products to market across a range of territories including the USA, EU and the UK. Our consultancy services range from design, implementation and maintenance of quality management systems, preparation of technical files for regulatory approvals, part-time and interim management support, auditing both internal and external, management reviews and presentations, training and mentoring.
Abingdon Health's Abingdon Simply Test range of self-tests is an e-commerce platform that offers a range of self-tests to empowers consumers to manage their own health and wellbeing. The Abingdon Simply Test e-commerce site offers consumers a range of information to support them in making informed decisions on the tests available. In addition, the site provides Abingdon's contract services customers with a potential route to market for self-tests. The Abingdon Simply Test range is also sold through international distributors and through other channels in the UK and Ireland, such as pharmacy chains.
Founded in 2008, Abingdon Health is headquartered in York, England.
For more information visit: www.abingdonhealth.com
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