24 Sep 2021 07:00
24 September 2021
AMTE POWER PLC
("AMTE Power" or the "Company")
Directorate Change
AMTE Power plc ("AMTE Power" or the "Company"), a developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist markets, is pleased to announce the appointment of James Hobson, who will join the Board as Chief Financial Officer ("CFO") Designate with effect from 4 October 2021 and will take over the role of CFO following the conclusion of the upcoming AGM.
James joins the Company with extensive experience in the energy sector and as a director of a public company. Most recently, James was CFO of ADC Energy UK, a clean technology company commercialising new DC microgrid technology powered by batteries. Between 2006 and 2019, He worked for GCM Resources plc, the AIM quoted mining and energy company, holding several senior positions and for the last 7 years as CFO. James is a Fellow Chartered Accountant and graduated from the University of Tasmania in 1998.
James' appointment follows on from the announcement in June that Adam Westcott would be stepping down from his position as CFO. Adam will continue to be a director of the Company until the conclusion of the upcoming AGM and will work with James on an orderly handover.
Kevin Brundish, CEO of AMTE Power, commented
"In James, I believe we have found a worthy successor to Adam. He will bring significant sector and public company experience with him and his knowledge of launching new technology-led energy products to global marketplaces fits neatly with AMTE. As a Board we are looking forward to working with James and pursuing our commercial objectives together."
The following disclosures are in accordance with Schedule 2(g) of the AIM Rules for Companies:
Full name (age)
James Hobson (43)
Current directorships:
GCM Resources plc (Non-Executive Director)
Previous directorships / partnerships (in the last five years):
ADCUK Ltd
Asia Energy Corporation Pty Ltd
Asia Energy (Bangladesh) Pvt Ltd
Asia Energy Corporation (Bangladesh) Pty Ltd
GCM Resources plc
GCM Resources Singapore Pte Ltd
South African Coal Limited
For further information contact:
AMTE Power plc Kevin Brundish (Chief Executive Officer) | Tel: +44 (0)1847 867 200 |
WH Ireland Limited (NOMAD and Joint Broker) Chris Fielding / Ben Good | Tel: +44 (0)207 220 1666 |
SI Capital Limited (Joint Broker) Nick Emerson / Nick Briers
| Tel: +44 (0)1483 413 500
|
Novella Communications Tim Robertson / Fergus Young | Tel: +44 (0)203 151 7008 |
ABOUT AMTE POWER PLC
AMTE Power was founded in 2013 and is a leading developer and manufacturer of lithium-ion battery cells for specialist markets. In March 2021, the Company listed on the AIM market of the London Stock Exchange. The Company is focused on launching a series of next generation battery cells based on new chemistries and cell structures that are designed to solve key problems in power delivery, energy performance, and safety. These new products are targeted at a range of specialist markets including the automotive industry, oil and gas market and energy storage sector. AMTE's purpose-built cell manufacturing facility in Thurso, Scotland has the second largest cell manufacturing capacity in the UK and the Company also has a product development team based in Oxford. For further information visit the Company's website: www.amtepower.com