15 Dec 2009 10:53
15 December 2009
Hydrodec Group plc
(the "Company" or "Hydrodec")
Resignation of Finance Director
Further to the Company's announcement of 23 July 2009 that John Dickson had decided to leave the Company to pursue other interests, the Board yesterday accepted his resignation as Finance Director.
The Board wishes to thank John for his excellent contribution to Hydrodec as Finance Director which helped support the Company during a critical period in its development and wishes him well in his future activities.
His replacement as Finance Director has not yet been appointed and in the interim period Paul Manchester, who joined as Group Financial Controller in September this year, will be acting as Chief Financial Officer.
John Dickson said "Having announced my intention to resign in July of this year, it is now the appropriate time for me to step down from the Board to transition my responsibilities. I have enjoyed my time with Hydrodec and the challenges that have been presented. I still firmly believe in the Group and the technology and would like to wish Paul, the Board and management every success in the future."
For further information please contact:
Hydrodec Group plc 020 7786 9810
Neil Gaskell, Chairman
Mark McNamara, Chief Executive
Mike Preen, Company Secretary
Numis Securities Limited 020 7260 1000
Nominated Adviser: Simon Blank
Corporate Broker: David Poutney / Alex Ham
Curve PR 07764 197003
Emma Davis