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2 May 2017 07:00
The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.
2 May 2017 |
MayAir Group plc
('MayAir' or the 'Company)
Senior management resignation
MayAir Group plc (AIM:MAYA), a leading specialist provider of air purification technology, announces that Zhang Xin, who is Director of Industrial sales (China), a non-Board position, has resigned from the Company with immediate effect to pursue other personal interests. On an interim basis and while the Company seeks a suitable replacement, Zhang Xin's role will be assumed by Yap Wee Keong, the Company's Chief Executive Officer.
Yap Wee Keong, Chief Executive Officer of MayAir Group, said:
"Whilst the Board is disappointed with this resignation, MayAir's brand and market position for industrial sales in China is fundamentally strong. The Company's relationships with its key customers remain intact and we look forward to continuing to work with these and new customers in the future."
- Ends -
For further information:
MayAir Group plc | |
Yap Wee Keong, Chief Executive Officer | Tel: +60 3 8961 2908 |
Koh Tat Seng, Chief Financial Officer | www.mayairgroup.com |
Allenby Capital Limited (Nominated Adviser) | Tel: +44 (0) 20 3328 5656 |
David Hart / James Reeve | www.allenbycapital.com |
Cantor Fitzgerald Europe (Broker) | Tel: +44 (0) 20 7894 7000 |
Andrew Craig / Richard Salmond | www.cantor.com |
Media enquiries:
Buchanan | |
Henry Harrison-Topham / Victoria Hayns / Jane Glover | Tel: +44 (0) 20 7466 5000 |
MayAir@buchanan.uk.com | www.buchanan.uk.com |
About MayAir
Notes to Editors
Founded in 2001, MayAir Group is a leading specialist provider of air purification technology for use in industrial cleanrooms, commercial buildings and residential markets. The Group's core business is in providing air filtering equipment and filters for use in industrial cleanrooms, an area in which MayAir has established itself as one of the leading providers in China. MayAir's customers comprise large multinational manufacturers. In recent years, MayAir has strategically grown and established itself as key player in the indoor clean air solutions for the commercial and residential markets in China. Key flagship commercial projects include providing solutions for airport terminals, convention centers, subways, offices and schools. MayAir was admitted to trading on AIM in May 2015 with the ticker MAYA.L.
For additional information please visit: www.mayairgroup.com
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