30 Jan 2012 13:12
30 January 2012
Hydrodec Group plc
(the "Company")
Directorate Change
The Board of Hydrodec Group plc, the cleantech industrial oil re-refining group (AIM:HYR), announces that John Gunn, Deputy Chairman, will step down from the Board with effect from 31 January, 2012 in order to devote more time to his other business interests.
Neil Gaskell, Chairman, said: "On behalf of the Board I would like to express our deep appreciation to John for his great contribution to Hydrodec over the past eight years. First as Chairman and latterly Deputy Chairman, his commitment to the growth of the Company and energy in leading it, especially through its early years, have been a crucial part of its current success. We shall all miss his contribution and wish him well in the future."
John Gunn said: "I am pleased to have played a part in the building of Hydrodec. I am sure the new expanded management team will develop Hydrodec's environmentally-sound and unique technology further into a strong global business, of which we can all be proud."
For further information please contact:
Hydrodec Group plc | 020 7786 9810 |
Neil Gaskell, Chairman | |
Mike Preen, Head of Corporate and Legal Affairs | |
Numis Securities Limited | 020 7260 1000 |
Nominated Adviser: Hugh Jonathan Corporate Broker: David Poutney, Alex Ham | |
Luther Pendragon | 020 7618 9100 |
Neil Thapar, Alexis Gore |