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Directorate Change

4 Aug 2010 08:00

RNS Number : 5002Q
Clean Air Power Limited
04 August 2010
 

 

For Release 8.00 a.m.

4 August 2010

 

Clean Air Power Limited

 

("Clean Air Power" or "the Company")

 

Resignation of Non-Executive Director

 

 

Clean Air Power (AIM: CAP), the developer of Dual-Fuel combustion technology that enables heavy-duty diesel engines to operate on a combination of diesel and natural gas, announces the resignation of Hans Folkesson as Non-Executive Director of the Company with immediate effect, to pursue his other business interests, related to small electric vehicles, on a full-time basis.

 

The Company expects to announce the appointment of a Non-Executive Director as replacement for Mr. Folkesson shortly.

 

Rodney Westhead, Chairman of Clean Air Power Limited, stated:

 

"Hans Folkesson joined the Board of Clean Air Power in 2006 and his industry knowledge has been invaluable to the development of the Company. I would like to thank him for his contribution during his time as Non-Executive Director and am very pleased to confirm that he has agreed to continue to act as a consultant to the Company."

 

 

For further information contact:

 

Clean Air Power Ltd 01772 624499

John Pettitt

Peter Rowse

 

Buchanan Communications 020 7466 5000

Charles Ryland

Ben Romney

 

Charles Stanley Securities 020 7149 6000

(Nominated Adviser and Broker)

Russell Cook

Carl Holmes

 

Notes to Editors

 

About Clean Air Power

 

Clean Air Power is the developer and provider of Dual-Fuel combustion technology for heavy duty diesel engines. Dual-Fuel engines substantially cut fuel costs and carbon emissions without sacrificing the original engine's characteristic efficiency or reliability. Clean Air Power is well positioned to assist corporations and governments to deliver on their environmental commitments while at the same time reducing transport operators overheads.

 

Initially founded in the USA in 1991, around £40m has been invested in the company to develop the technology with the result that 62 patents are currently held or pending. The holding company of the Group is based in Bermuda with operational subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM market of the London Stock Exchange in February 2006.

 

Further information on Clean Air Power is available at www.cleanairpower.com 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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