REG - AMTE Power PLC - Directorate Change

Amte PowerAnnouncement

02/08/2023 07:00

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RNS Number : 9826H  AMTE Power PLC  02 August 2023

2(nd) August 2023

AMTE Power Plc

("AMTE Power" or the "Company")

Changes to Board Structure

 

AMTE Power plc, a leading UK developer and manufacturer of battery cells for
specialist markets, announces that Kevin Brundish, Executive Director, will be
transitioning to the role of Non-Executive Director of AMTE Power with
immediate effect. In his new role Kevin will continue to provide the Board
with advice and guidance, based on his many years of experience.

Commenting on this, David Morgan (Chairman of AMTE Power) stated: "I would
like to add my personal thanks to Kevin for all his hard work and dedication
in developing the business and for providing the platform upon which we can
all build.  I wish him well in all future executive endeavours but am
grateful that he will still be playing a part in our future success".

 

Enquiries

 AMTE Power plc                                        +44 (0)1847 867 200
 Alan Hollis (Chief Executive Officer)

 Anita Breslin (Chief Financial Officer)

 WH Ireland (NOMAD and Joint Broker)                   +44 (0)207 220 1666
 Chris Fielding / James Bavister (Corporate Finance)
 Fraser Marshall (Corporate Broking)

 Panmure Gordon (UK) Limited (Joint Broker)            +44 (0)207 886 2500
 John Prior / James Sinclair-Ford (Corporate Finance)
 Hugh Rich (Corporate Broking)

 Camarco (Financial PR)                                +44 (0)203 757 4992 / 4981
 Ginny Pulbrook / Rosie Driscoll

 

About AMTE Power

AMTE Power was founded in 2013 and is a leading UK developer and manufacturer
of lithium-ion and sodium-ion battery cells for specialist markets. In March
2021, the Company was admitted to trading 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. AMTE's proposed gigafactory in
Dundee, Scotland is expected to be capable of producing over 8 million battery
cells per annum enabling the Company to rapidly scale up cell production.

For further information visit the Company's website:  www.amtepower.com
(http://www.amtepower.com)

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