Zytronic Regulatory News (ZYT)

18 December 2024

Zytronic plc

("Zytronic" or the "Company" and its subsidiaries)

Board Changes

The Board of Zytronic plc, a leading specialist manufacturer of touch sensors, announces it has agreed to the recent request of Henry Spain Investment Services Limited ("Henry Spain"), the largest individual shareholder in the Company, to admit Dr Glen Arnold to the Board as its representative, effective today.

Glen will join as a Non-executive Director and the role will be unpaid. His appointment will be for a fixed-term period, concluding no later than one year after appointment. Glen has worked as an Investment Manager for Henry Spain since 2021. He is also an author of investment books and university textbooks on financial management.

Although the Board recognises that Glen is not independent by virtue of the shareholding interest of Henry Spain, it considers that his temporary appointment will provide it with additional insight on where value within the business lies from a shareholder perspective, whilst the Board continues its work with FRP Advisory Trading Limited on maximising returns via a solvent liquidation, as announced on 14 November 2024.

The following disclosures are required regarding Glen Christopher Arnold's (aged 63) appointment pursuant to AIM Rule 17 and Schedule 2(g) of the AIM Rules for Companies ("AIM Rules"):

· Glen has a direct interest in Zytronic plc of 45,897 ordinary shares.

· Henry Spain, for whom Glen is an employee, has an interest in Zytronic of 1,923,606 ordinary shares.

· Glen is currently a director of Opus Eris Limited.

Save as set out above, there is no further information to be disclosed in respect of Glen Arnold under AIM Rule 17 and Schedule 2(g) of the AIM Rules.

Enquiries:

Notes to Editors

The Company's trading entity Zytronic Displays Limited ("ZDL") is an established developer and manufacturer of a range of internationally award-winning optically transparent interactive touch sensor overlay products for use with electronic displays in industrial, self-service and public access equipment.

ZDL has continually developed process and technological know-how and intellectual property since the late 1990's around two projected capacitance ("PCAP") sensing methodologies; trademarked by it as PCT™ ("Projected Capacitive Technology") and MPCT™ ("Mutual Projected Capacitive Technology"), in respect of which 20 internationally granted patents are held. As part of this the Company has invested in and developed an advanced electronic PCAP controller, the ZXY500, which incorporates a specialist Application Specific Integrated Circuit ("ASIC") specified and owned by Zytronic, and bespoke firmware on the controller processor.

ZDL's PCAP sensing solutions are readily configurable and embedded in a laminate core which offers significant durability, environmental stability, and optical enhancement benefits to meet system-specific design requirements.

The Company is headquartered at Blaydon-upon-Tyne in the United Kingdom. ZDL operates from this site, providing its manufactured products globally through a number of sales channel partners. ZDL differentiates itself from others in the touch eco-system as it offers a complete one-stop solution including processing internally of the form and factor of glass and film substrates, the assembly of the associated touch overlay products, in environmentally controlled cleanrooms to customer's specific requirements and the development of the bespoke firmware, software and electronic hardware which comprise the controller that links the manufactured touch interactive overlays to a customer's integrated systems and product.

For more information about ZDL's technologies and products, and the Company please see www.zytronic.co.uk