Board Changes

Eco Buildings

05/09/2025 10:00

RNS Number : 1161Y

Eco Buildings Group PLC

05 September 2025

 

5th September 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

 

Eco Buildings Group plc Announces Board Changes

 

Eco Buildings Group plc (the "Company" or the "Group") announces a change to its board as part of its continued commitment to strong governance and long-term growth.

 

Resignation of Sanjay Bowry

 

Eco Buildings announces that Sanjay Bowry has stepped down as CEO of Eco Buildings Group PLC effectively immediately and is no longer a director of the company. As part of making the board being efficient and with the focus of activity increasingly global and especially in Albania these duties will be subsumed into Dr Etrur Albani's existing role as Executive Vice-Chairman and co-founding shareholder.

The short term focus will be to continue to enhance operational resource capability on the ground in the Balkans to support our growth agenda in the region and to focus on increasing commercial Joint Venture partnerships internationally.

Don Nicolson, Chairman of Eco Buildings plc, commented:

" I wish Sanjay well in his future endeavours and look forward to Etrur continuing to drive forward the Company's growth agenda"

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 

 

About Eco Buildings Group plc

Eco Buildings is a leading innovator in prefabricated, green housing products, leveraging proven technology based on GFRG panels. Our modular housing solutions cater to both affordable and high-end housing markets, combining cost efficiency, speed of construction, and sustainability. With a growing portfolio of international projects, Eco Buildings is dedicated to redefining construction for the future. 

Further information is available on Eco Buildings website: www.eco-buildings.net

 

 

For more information contact:

Eco Buildings Group plc
Fiona Hadfield, Finance Director
Tel: +44 (0) 207 380 0999
Spark Advisory Partners Limited (Nominated Adviser)
Matt Davis / James Keeshan
Tel: +44 (0) 203 368 3550
Tavira Securities Limited (Broker)
Oliver Stansfield / Jonathan Evans
CMC Markets UK plc (joint Broker)
Douglas Crippen
Tel: +44 (0) 203 003 8632
Tel: +44 (0) 203 192 1739

 

Notes

The Company has acquired proven and innovative prefabricated technology which has been in development and commercial use since 2006. Eco Buildings' range of prefabricated, green housing products based on glass fibre reinforced gypsum panels ("GFRG") provides a construction solution for both affordable and high-end housing.

Eco Buildings has already secured two sales contracts with major construction companies, one in Albania, the other in Kosovo, which are expected to generate gross sales revenue of approximately up to €38 million in total per annum over the first three years (approximately €114 million in total) following Admission.

The market share for factory-based building technology is expected to grow significantly over the coming years as private developers and the public sector seek to address the substantial and growing deficit in housing stock and issues of construction cost, speed and quality and housing affordability.

 

 

 

 

 

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