REG - Calnex Solutions PLC - Board Update

Calnex SolutionsAnnouncement

14/06/2022 07:00

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RNS Number : 7232O  Calnex Solutions PLC  14 June 2022

14 June 2022

Calnex Solutions plc

("Calnex" or the "Company")

Board Update

 

Calnex Solutions plc (AIM: CLX), a leading provider of test and measurement
solutions for the global telecommunications sector, announces that following
nine years as Chair of the Board of Calnex, George Elliott has taken the
decision to retire from his position on the Board of Directors and will not
seek re-election at the Company's 2022 AGM. The Company is pleased to confirm
that current Non-Executive Director, Stephen Davidson, has been appointed as
Chair Designate and will succeed George at the conclusion of the AGM on 17
August 2022.

 

Stephen Davidson joined the Board of Calnex in January 2022 and is an
accomplished director of both public and private companies, with more than 20
years' PLC-board experience. He has previously acted as Chair at AIM-traded
companies Actual Experience plc, RBG Holdings plc and Jaywing plc and at
JSE-listed Datatec plc.

 

George Elliott, Chair of Calnex, commented, "When I joined Tommy and the team
in 2013 it was evident to me that the future for Calnex was an exciting one.
It has been an honour to help guide the business through its subsequent growth
and journey onto the public markets. I am confident there is a strong Board
and management team in place and with its outstanding customer base, the
ongoing transition of the telecoms industry to 5G and the growth in cloud
computing, the future for Calnex is brighter than ever."

 

Tommy Cook, CEO of Calnex, commented, "George has been a huge support to me
over the past nine years and I and the whole Company thank him for his service
and wish him all the very best. Our new Directors, Stephen and Margaret
Rice-Jones who joined us in January, have quickly become valued colleagues and
we have benefitted from their extensive experience and knowledge. I look
forward to continuing to work with them both and the wider Board to drive
Calnex forward."

 

For more information, please contact:

 

 Calnex Solutions plc                             Via Alma PR
 Tommy Cook, Chief Executive Officer

 Ashleigh Greenan, Chief Financial Officer

 Cenkos Securities plc - NOMAD                    +44 (0)131 220 6939
 Derrick Lee, Peter Lynch

 Alma PR                                          + 44(0) 20 3405 0213
 Caroline Forde, Hannah Campbell, Joe Pederzolli

 

 

Overview of Calnex

 

Calnex Solutions designs, produces and markets test and measurement
instrumentation and solutions for the telecoms and cloud computing industries.
Calnex's portfolio enables R&D, pre-deployment and in-service testing for
network technologies and networked applications, enabling its customers
to validate the performance of the critical infrastructure associated
with telecoms and cloud computing networks and the applications that run on
it.

 

To date, Calnex has secured and delivered orders to over 680 customer
sites in 68 countries across the world. Customers include BT, China Mobile,
NTT, Ericsson, Nokia, Intel, Qualcomm, IBM and Meta.

 

Founded in 2006, Calnex is headquartered in Linlithgow, Scotland, with
additional locations in Belfast, Northern Ireland, Stevenage, England and
California in the US, supported by sales teams in China and India. Calnex has
a global network of partners, providing a worldwide
distribution capability.

 

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