19 Oct 2016 07:00
Hydrogen Group Plc("Hydrogen" or the "Company")
19 October 2016
Directorate Change
Hydrogen (AIM:HYDG) today announces that Colin Adams, Chief Financial Officer, has informed the Board of his intention to step down from the Board to pursue other interests.
Colin joined Hydrogen and the Board in May 2015, at a time when the business had substantial challenges largely related to the dramatic fall in the price of oil. Colin has re-built the Finance team and with the announcement of our return to profitable growth in the first half of the year, Colin has decided to pursue other interests. It is expected that Colin will remain on the Board until release of the Company's final results for the financial year ending 31 December 2016 in March 2017 during which time the Board will have identified his successor.
Stephen Puckett, Chairman of Hydrogen, said "I would like to thank Colin for his contribution in turning around Hydrogen. The business is performing in line with the Board's expectations and has a solid foundation for future profitable growth."
Enquiries:
Hydrogen Group plc | 020 7090 7702 |
Ian Temple, CEO Colin Adams, CFO
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Shore Capital (NOMAD and Broker) | 020 7408 4080 |
Bidhi Bhoma Edward Mansfield |
Notes to the editor
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