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REG - Global Invacom Group - Directorate Change




 



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 USbased designer and supplier of satellite antennas products and services, the Company became the world's only fullservice 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


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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