REG - AMTE Power PLC - Board Change

Amte PowerAnnouncement

05/09/2022 07:00

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RNS Number : 1929Y  AMTE Power PLC  05 September 2022

 

Monday 5( )September 2022
 
 

 

AMTE Power Plc

("AMTE" or the "Company")

Board Change

 

AMTE Power Plc ("AMTE"), a leading manufacturer of battery cells for
specialist markets, today announces that James Hobson, Chief Financial Officer
has advised the Board of his intention to leave AMTE Power plc to take up the
role of Chief Financial Officer of Clean Power Hydrogen Plc ("CPH2"). He will
leave AMTE no later than the 30 November 2022 and, in the meantime, will
continue to play a full and active role in the business.

 

The Board will now begin the formal process to appoint a successor and the
Company will provide an update as and when appropriate.

 

David Morgan, Chairman of AMTE , commented:

"We would like to thank James for his contribution to AMTE. He has been a
valuable member of the AMTE team in the successful development of our route to
commercialisation.  We wish him all the best for the future in his new role."

 

James Hobson, Chief Financial Officer of AMTE, commented:

"AMTE is at an exciting time in its growth trajectory and I have enjoyed
supporting the team reach this stage but I am now ready for a new challenge
within the aligned market of green hydrogen power. I would like to wish
everyone at AMTE all the best for the future."

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

ENDS

Enquiries:

 

 AMTE Power plc                                      +44 (0)1847 867 200
 Kevin Brundish (Chief Executive Officer)
 James Hobson (Chief Financial Officer)

 WH Ireland Limited (NOMAD and Joint Broker)         +44 (0)207 220 1666
 Chris Fielding / Ben Good

 Panmure Gordon (UK) Limited (Joint Broker)          +44 (0)207 886 2500
 John Prior / Harriette Johnson (Corporate Finance)
 Hugh Rich (Corporate Broking)

 Camarco                                             +44 (0)203 757 4992
 Ginny Pulbrook /  Rosie Driscoll

 

About AMTE Power PLC

AMTE Power was founded in 2013 and is a leading developer and manufacturer of
lithium-ion battery cells for specialist markets. In March 2021, the Company
listed on the AIM market of the London Stock Exchange. The Company is focused
on launching a series of next generation battery cells based on new
chemistries and cell structures that are designed to solve key problems in
power delivery, energy performance, and safety. These new products are
targeted at a range of specialist markets including the electric vehicle
industry and energy storage sector. AMTE Power's purpose-built cell
manufacturing facility in Thurso, Scotland has the second largest cell
manufacturing capacity in the UK and the Company also has a product
development team based in Oxford.

For further information visit: https://amtepower.com/

About Clean Power Hydrogen Plc ("CPH2")

 

CPH2 is the holding company of Clean Power Hydrogen Group Limited ("Clean
Power") which has almost a decade of dedicated research and product
development experience. This experience has resulted in the creation of
simple, safe and sustainable technology which is designed to deliver a modular
solution to the hydrogen production market in a cost-effective, scalable,
reliable and long-lasting manner. The Group's strategic objective is to
deliver the lowest LCOH in the market in relation to the production of green
hydrogen. The Group's MFE technology is already commercially available and
demonstrating cost efficiencies and technological advantages. CPH2 is listed
on the AIM market and trades under the ticker LON:CPH2.

 

For further information visit: https://www.cph2.com (https://www.cph2.com)

 

 

 

 

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