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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
3rd Mar 20107:00 amRNSAppointment
25th Feb 20107:00 amRNSPursuit Dynamics Brewing Announcement
2nd Feb 20103:28 pmRNSExercise of Options
6th Jan 20103:36 pmRNSHolding(s) in Company
17th Dec 20099:30 amRNSAnnual Report and Accounts
16th Dec 20092:27 pmRNSPDMR and Holdings in Company
10th Dec 200910:43 amRNSExercise of Options
30th Nov 20097:00 amRNSPreliminary Results
11th Nov 20098:00 amRNSDate Notification
30th Sep 20092:18 pmRNSExercise of Options
28th Sep 20094:27 pmRNSCEO Appointment Correction
28th Sep 20094:08 pmRNSGrant of Options
25th Sep 20095:44 pmRNSResult of General Meeting
24th Sep 20096:19 pmRNSHolding(s) in Company
18th Sep 200911:58 amRNSHolding(s) in Company - Replacement
17th Sep 20092:16 pmRNSHolding(s) in Company
16th Sep 20094:34 pmRNSHolding in Company
16th Sep 20091:54 pmRNSTotal Voting Rights
10th Sep 20098:00 amRNSNotice of General Meeting
9th Sep 200912:20 pmRNSDirector/PDMR Shareholding
9th Sep 20097:00 amRNSProposed Placing
1st Sep 20097:00 amRNSAppointment of new CEO
27th Aug 20097:00 amRNSAppointment of Broker
26th Aug 20099:00 amRNSExercise of Options
24th Aug 20099:00 amRNSExercise of Options
14th Jul 20093:27 pmRNSGrant of Options
30th Jun 20097:00 amRNSInterim Results 2009
23rd Jun 20094:40 pmRNSSecond Price Monitoring Extn
23rd Jun 20094:35 pmRNSPrice Monitoring Extension
8th Jun 20093:21 pmRNSNotice of Results
4th Jun 20094:28 pmRNSHolding(s) in Company
21st May 200910:16 amRNSIBEC Update
20th May 200910:49 amRNSHolding(s) in Company
6th May 20092:58 pmRNSHolding(s) in Company
3rd Apr 20091:44 pmRNSIBEC Update
27th Mar 20091:47 pmRNSResult of AGM
27th Mar 20097:00 amRNSAGM Statement
24th Mar 20095:07 pmRNSAnnual Report and Accounts
20th Mar 200910:43 amRNSHolding(s) in Company
12th Jan 20094:40 pmRNSSecond Price Monitoring Extn
12th Jan 20094:35 pmRNSPrice Monitoring Extension
15th Dec 20084:33 pmRNSDirectors Dealings Replacement
15th Dec 200812:07 pmRNSDirectors Dealings
11th Dec 20087:00 amRNSPreliminary Results
4th Dec 20087:00 amRNSNew contract signed
14th Oct 20087:00 amRNSPre-Close Trading Update
8th Oct 200810:35 amRNSHolding(s) in Company
2nd Oct 20087:00 amRNSLetter Of Intent Signed With Babcock & Brown
26th Sep 200811:25 amRNSHolding(s) in Company
19th Sep 200812:03 pmRNSHolding(s) in Company

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