Last checked at 6 Jun 2019 16:30
6 June 2019
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE EU MARKET ABUSE REGULATION (596/2014). UPON THE PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Pressure Technologies plc
("Pressure Technologies" or the "Group")
Board Changes
Pressure Technologies (AIM: PRES), the specialist engineering group, announces that Alan Wilson has today resigned as Independent Non-Executive Chairman and Director with immediate effect.
He is succeeded as Independent Non-Executive Chairman by Neil MacDonald, the current Senior Independent Non-Executive Director and Brian Newman becomes Senior Independent Non-Executive Director.
The Directors will look to make additional appointments to the Board in due course.
For further information, please contact:
Pressure Technologies plc Chris Walters, Chief Executive Joanna Allen, Chief Financial Officer
| Tel: 0114 257 3616 www.pressuretechnologies.com |
Cantor Fitzgerald Europe (Nominated Adviser and Broker) | Tel: 020 7894 7000 |
Philip Davies / Will Goode
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Belvedere Communications Keeley Clarke (kclarke@belvederepr.com) Cat Valentine (cvalentine@belvederepr.com)
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Tel: 07967 816 525 Tel: 07715 769 078 |
Notes to Editors
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, Precision Machined Components and Chesterfield Special Cylinders.
Precision Machined Components - www.pt-pmc.com
● Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.
Chesterfield Special Cylinders
● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany and Chesterfield Special Cylinders Inc. which is based in Houston, USA www.chesterfieldcylinders.com