21 Jan 2014 07:00
AUHUA CLEAN ENERGY PLC
("Auhua" or "the Company")
Appointment of non-executive Director
21 January 2014: Auhua Clean Energy plc, the environmental technology group (AIM: ACE), is pleased to announce the appointment to its board of Mr Maxwell (Max) Charles Audley as non-executive director.
Mr Audley, aged 59, brings over 30 years' experience as a corporate lawyer, with a focus on equity capital markets on AIM and the main market of the London Stock Exchange. Previously a member of the London Stock Exchange AIM Advisory Group, he has made numerous conference appearances in China, the UK, the USA, Australia and continental Europe, speaking about London's capital markets. In 1983 he co-founded London law firm Hobson Audley which was acquired in 2003 by US law firm Faegre & Benson LLP, where he served as a partner for five years. Mr Audley joined international law firm Olswang LLP in 2008. He retired in 2011 as a partner but continues to serve in an "of Counsel" role.
Mr Audley replaces Mr Derek Marsh who leaves the Company as of 31 January 2014 to pursue personal interests.
David Sumner, non-executive Chairman of Auhua, said: "Max is an exceptional addition to our Board and we are extremely pleased to welcome him. His extensive knowledge of the London AIM market and his legal expertise will be invaluable to Auhua. His guidance and insight will be instrumental as we steer Auhua towards its next ambitious growth phase.
"On behalf of the Board, I would like to thank Derek Marsh for his time and support to the Company. We wish Derek all the best for the future."
Further information as required by Schedule 2 paragraph (g) of the AIM Rules for Companies is provided below.
Current Directorships/Partnerships | Past Directorships/Partnerships |
Audley Investments Limited | Olswang LLP |
GSS Energy Limited | |
Melburyrose Limited | |
Trustis Limited | |
Widford Press Limited |
There is no further information required to be disclosed under paragraph (g) of Schedule 2 of the AIM Rules for Companies.
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Media Enquiries
Brunswick | Carolina Danspeckgruber | auhua@brunswickgroup.com |
Further information
Auhua Clean Energy plc | David Sumner, non-executive Chairman | +971 555 923198 davidjsumner@auhuacleanenergy.com |
Grant Thornton UK LLP (Nominated Adviser) | Philip Secrett / Maureen Tai / Jamie Barklem | +44 (0)20 7383 5100 jamie.r.barklem@uk.gt.com |
Beaufort Securities (co-broker) | Guy Wheatley | +44 (0)20 7832 8300 Guy.Wheatley@beaufortsecurities.com |
About Auhua:
Auhua Clean Energy (www.auhuacleanenergy.com) is an international environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar water heating solutions. In particular, the Group is focused on the manufacture and sale of split-unit solar water heating systems. Auhua Clean Energy operates through its wholly owned subsidiaries Shandong Auhua New Energy Co., Ltd and Weihua Auhua New Energy Co., Ltd., of which Auhua Holdings Pte Ltd is the intermediate holding company.