REG - Ashington Innovation - Board Change

Ashington InnovationAnnouncement

16/08/2023 07:00

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RNS Number : 4259J  Ashington Innovation PLC  16 August 2023

Press Release

 

16 August 2023

 

Ashington Innovation plc

 

("Ashington" or "the Company")

 

Board Change

 

Ashington Innovation PLC, a special purpose acquisition company ("SPAC")
aiming to benefit from favourable price conditions for technology companies,
announces that Jason Drummond has tendered his resignation to the Board due to
his extensive existing business commitments and will step down with immediate
effect.

 

Peter Presland, Chairman of Ashington, said: "I would like to sincerely thank
Jason for his valuable contribution to the Board and we wish him well with all
his current endeavours."

 

For further information please contact:

 

 Ashington Innovation plc
 David Orchard                       via Tancredi +44 207 887 7633

 General Counsel
 SI Capital Ltd.
 Corporate Broker                    + 44 1483 413 500

 Jon Levinson
 Tancredi Intelligent Communication

 Media Relations
 Helen Humphrey                      +44 7449 226 720

 Charlie Hobbs                       +44 7897 557 112

 Jasmine Gadhavi                     +44 7931 435 236

 ashington@tancredigroup.com

 

About Ashington Innovation plc

Ashington Innovation PLC is a special purpose acquisition company (SPAC),
formed with the intention of acquiring businesses operating in the technology
sector.

 

The Company believes that in the increasingly fast-changing global environment
there will be an abundance of opportunities to acquire existing businesses in
the technology sector, and in particular businesses that possess and utilise
proprietary technologies and own applicable intellectual property.

 

The Company is not limited to any specific geographic region in identifying
its target companies.

 

www.ashingtoninnovationplc.com (http://www.ashingtoninnovationplc.com)

 

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