Directorate Change

Global Invacom

03/06/2020 07:01

RNS Number : 7929O

Global Invacom Group Limited

03 June 2020

 

03 June 2020

 

Global Invacom Group Limited

("Global Invacom", the "Company" or the "Group")

 

Directorate Change

 

Global Invacom (SGX: QS9) (AIM: GINV), the global provider of satellite communications equipment and electronics, announces that Basil Chan will not be seeking re-election at the Company's forthcoming Annual General Meeting ("AGM") and will be stepping down as an Independent Director after the conclusion of the AGM on 25 June 2020, in order to enable Board renewal.

 

Mr Chan will also cease to be Chairman of the Remuneration Committee and a member of the Audit and Risk and Nominating Committees.

 

The Board of Directors would like to take this opportunity to thank Mr Chan for his contributions during his tenure at the Company.

 

 

For further information, please contact:

 

Global Invacom Group Limited
www.globalinvacom.com
Matthew Garner, Chief Financial Officer
Tel: +65 6431 0782
Tel: +44 203 053 3523
finnCap Ltd (Nominated Adviser and Joint Broker)
www.finncap.com
Christopher Raggett / Matthew Radley (Corporate Finance)
Tel: +44 207 220 0500
Mirabaud Securities LLP (Joint Broker)
www.mirabaud.com
Peter Krens (Equity Capital Markets)
Tel: +44 207 878 3362
Vigo Communications (Media & Investor Relations)
www.vigocomms.com
Jeremy Garcia / Charlie Neish
Tel: +44 207 390 0238
ginv@vigocomms.com


 

About Global Invacom Group Limited

 

Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia, UK and the US. Its customers include satellite broadcasters such as BSkyB of the UK and Dish Network of the USA and Data over Satellite providers including Hughes Network Systems, Viasat and Gilat Satellite Networks.

 

Global Invacom provides a full range of antennas, LNB receivers, transceivers, fibre distribution equipment, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in military, medical, and consumer electronics industries. Following the acquisition in 2015 of Global Skyware, a leading US‐based designer and supplier of satellite antennas products and services, the Company became the world's only full‐service outdoor unit supplier.

 

Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.

 

For more information, please refer to www.globalinvacom.com

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