Last checked at 20 Aug 2020 07:00
20 August 2020
Pressure Technologies plc
("Pressure Technologies" or the "Group")
Board Changes
The Board of Pressure Technologies (AIM: PRES), the specialist engineering group, announces that Joanna Allen will be stepping down from her role as Chief Financial Officer ("CFO").
Joanna will remain a member of the Board until 31 October 2020 and will support the Group in ensuring a smooth transition.
The Board has commenced a recruitment process for a new CFO and a further announcement regarding a successor will be made in due course.
Commenting, Chris Walters, Chief Executive of Pressure Technologies plc said:
"On behalf of the Board, I would like to thank Jo for her significant contribution and service to the Group during her five-years with the business. We wish Jo every success for the future."
For further information, please contact:
Pressure Technologies plc | Tel: 0114 257 3616 |
Chris Walters, Chief Executive | PressureTechnologies@houston.co.uk |
N+1 Singer (Nomad and Broker) Mark Taylor / Carlo Spingardi | Tel: 0207 496 3000 |
Houston (Financial PR and Investor Relations) Kate Hoare / Anushka Mathew / Ben Robinson | Tel: 0203 701 7660 |
COMPANY DESCRIPTION
www.pressuretechnologies.com
With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.
The Group has two divisions, Chesterfield Special Cylinders and Precision Machined Components.
Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com
● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland GmbH and Chesterfield Special Cylinders Inc.
Precision Machined Components (PMC) - www.pt-pmc.com
● Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot, Precision Engineers and Martract brands.