REG - Eco Buildings Group - Board Changes

Eco BuildingsAnnouncement

28/03/2025 13:30

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RNS Number : 7467C  Eco Buildings Group PLC  28 March 2025

28(th) March 2025

Eco Buildings Group PLC

("Eco Buildings" or the "Company")

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.

Eco Buildings announces that Sir Mark Lyall Grant has stepped down as a
Non-Executive Director due to his increasing overseas travel and professional
commitments. Since joining the Board, Sir Mark has provided invaluable
insight, leveraging his extensive experience in international affairs,
governance, and strategic advisory roles.

Commenting on his resignation, Sir Mark Lyall Grant said:

"It has been a privilege to serve on the board of Eco Buildings Group plc
during an exciting period of growth and transformation. The Company is
well-positioned for future success, with a strong leadership team, a clear
strategy, and a commitment to innovation. I remain a firm supporter of Eco
Buildings and look forward to seeing its continued progress."

Sanjay Bowry, Chief Executive Officer of Eco Buildings Group plc, commented:

"Sir Mark has been a valued member of our Board, and we deeply appreciate his
advice and expertise.  We are grateful for his contributions and wish him
well for the future. Eco Buildings remains focused on delivering sustainable
growth, and we look forward to building on the strong foundations we have
laid."

 

Don Nicolson, Chairman of Eco Buildings plc, commented:

"Mark has been a valuable contributor to the Board since he joined pre-listing
on AIM. We wish him well in his new endeavours and thank him for his counsel."

 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 (http://www.eco-buildings.net/)

 

For more information contact:

 Eco Buildings Group plc                               Tel: +44 (0) 207 380 0999

 Sanjay Bowry, Chief Executive Officer

 Fiona Hadfield, Finance Director

 Spark Advisory Partners Limited (Nominated Adviser)   Tel:  +44 (0) 203 368 3550

 Matt Davis / James Keeshan
 Tavira Securities Limited (Broker)                    Tel:  +44 (0) 203 192 1739

 Oliver Stansfield / Jonathan Evans

 

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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