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Board Changes

14 Jun 2011 07:00

RNS Number : 3683I
Pursuit Dynamics PLC
14 June 2011
 



14 June 2011

 

Pursuit Dynamics PLC

("PDX" or "the Company")

 

Board changes

 

PDX (AIM: PDX) is pleased to announce today the appointment of Jeremy Pelczer and Bernard Bulkin to the Company's Board of Directors as non-executive Directors. Both are highly experienced professionals who bring considerable industrial, technical and corporate expertise that will be invaluable as PDX continues to commercialise its technology and grow its business.

 

Jeremy Pelczer is a chartered accountant who has held senior positions in engineering and industrial businesses including serving as CEO of RWE Thames Water plc. He is a non-executive Director of South Staffordshire Water plc and Chairman of Wateraid Ltd, a charity with the aim of enabling the world's poorest people to gain access to safe water and sanitation, and also an executive mentor and business advisor.

 

Following a distinguished academic career in the United States, Professor Bernard Bulkin has been involved with a range of scientific, technology and engineering businesses, including the position of Chief Scientist of BP plc, serving as Chairman of AEA Technology plc and is currently the Chair, Office of Renewable Energy Deployment at the U.K. Department of Energy and Climate Change and a non-executive Director of Severn Trent plc.

 

Michael Ryan and Stuart Evans, who have been non-executive Directors of PDX for almost 4 years, have stepped down from the Board today.

 

Andrew Quinn, Chairman of PDX commented:

 

"The Board would like to record its gratitude for the valuable contribution and service that Michael and Stuart have given to shareholders during the years that they have served as non-executive Directors of the Company. Their input and counsel has been extremely valuable to the Company as it has progressed towards its objective of commercialising its exciting technologies. I would like to add my personal thanks for their support and sage advice during this period and I wish them the very best in their future endeavours.

 

At the same time, we welcome the knowledge and experience that Bernard and Jeremy will bring to the Board at this key period in the Company's development".

 

The companies of which Mr Pelczer has been a director over the last five years are as follows

 

Current:

Landara Ltd

Agua Via Ltd

South Staffordshire Water plc

Wateraid Ltd

Knowledge Matrix Asia Pacific

 

Previous

Enzen Water Ltd

American Water

RWE Thames Water plc

Thames Water Utilities Limited

Thames Water Utilities Finance plc

Tiger Rhino plc

 

The companies of which Mr Bulkin has been a director over the last five years are as follows

 

Current:

Severn Trent plc

Chemrec AB

Ze-gen Corporation

REAC Fuel AB

 

Previous:

AEA Technology plc

Accelergy Corporation

Pinehurst Freeholding Company

 

No further information is required to be disclosed pursuant to schedule 2 paragraph (g) of the AIM Rules

 

 

- Ends -

 

For Further Information, please contact:

 

Pursuit Dynamics PLC

Roel Pieper, CEO

Tel: +44 (0)1480 422050

Richard Webster, CFO

 

Financial Dynamics

Ben Foster

Marc Cohen

Tel: +44 (0) 20 7831 3113

 

Cenkos Securities

Ian Soanes

Max Hartley

Tel: +44 (0)20 7397 8924

Mirabaud Securities

Rory Scott

Tel: +44 (0) 20 7878 3360

 

Notes to Editors

 

About PDX

 

- PDX (AIM: PDX) owns and commercialises the PDX Atomiser and Reactor

technologies that enable significant reductions in energy usage, process acceleration and result enhancement for a wide range of industrial processes and applications.

 

- The PDX business model is currently organised into five Lines of Business

Biofuels; Brewing, Food and Beverages; Public Health and Decontamination;

Industrial Licensing; Water.

 

- PDX is headquartered in Huntingdon with offices in London,

Schaffhausen, Connecticut and Denver.

 

- Further information is available at the Company's website: www.pdx.biz 

 

- Publication quality photographs are available from FD

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
BOASFIEDDFFSEFM
Date   Source Headline
28th Mar 20112:25 pmRNSHolding(s) in Company
18th Mar 20117:06 amRNSBiofuels Update
3rd Mar 20112:11 pmRNSExercise of Options
28th Feb 20112:33 pmRNSResult of AGM
28th Feb 20117:00 amRNSAGM Statement
9th Feb 20117:00 amRNSBiofuels Update
7th Feb 20111:26 pmRNSDirector's Dealings
4th Feb 20114:15 pmRNSHolding(s) in Company
3rd Feb 20117:00 amRNSUpdate on JV with NNL
2nd Feb 20113:46 pmRNSExercise of Options
20th Jan 20115:03 pmRNSStatement re share price
12th Jan 20117:00 amRNSBiofuels Update
15th Dec 201012:34 pmRNSDirector/PDMR Shareholding
9th Dec 20104:47 pmRNSHolding(s) in Company
7th Dec 201012:10 pmRNSOptions and Directors Dealings
7th Dec 201012:05 pmRNSHolding(s) in Company
3rd Dec 20107:00 amRNSFinal Results
22nd Nov 20107:00 amRNSBio-fuels update
16th Nov 20103:16 pmRNSHolding(s) in Company
15th Nov 20103:58 pmRNSHolding(s) in Company
8th Nov 20104:08 pmRNSNotice of Results
5th Nov 20109:39 amRNSAgreement with P&G
14th Oct 201012:52 pmRNSEthanol Blendwall Increase
6th Oct 20107:00 amRNSDirectorate Change
30th Sep 20107:00 amRNSExercise of Options
16th Sep 20107:00 amRNSDecon JV Agreement
7th Sep 201010:59 amRNSHolding(s) in Company
6th Sep 20107:00 amRNSBrewing Contract
17th Aug 20107:00 amRNSBiofuels Contract and Appointments
11th Aug 20104:40 pmRNSExercise of Options
11th Aug 20107:00 amRNSBrewing certification awarded
3rd Aug 20107:00 amRNSManagement Appointment
23rd Jul 201011:17 amRNSReplacement - Exercise of Options
22nd Jul 20104:00 pmRNSExercise of Options
7th Jul 20107:00 amRNSHolding(s) in Company
29th Jun 20107:00 amRNSBio-fuels line of business launched
29th Jun 20107:00 amRNSInterim Results
25th May 20102:29 pmRNSDate Notification
11th May 20102:37 pmRNSHoldings in Company
6th May 20103:44 pmRNSTotal Voting Rights
30th Apr 20107:00 amRNSProposed placing
29th Apr 20107:00 amRNSExercise of Options
27th Apr 20107:00 amRNSAnalyst and Investor Event
22nd Apr 20107:00 amRNSPDX teams with K?rcher
6th Apr 201010:07 amRNSHolding(s) in Company
1st Apr 20103:39 pmRNSExercise of Options
29th Mar 20105:20 pmRNSResult of AGM
29th Mar 20107:00 amRNSAGM Statement
24th Mar 20104:53 pmRNSAnalyst and investor event
23rd Mar 20105:09 pmRNSHolding(s) in Company

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