REG - i(x) Net Zero PLC - Director Appointment

I (X) Net ZeroAnnouncement

21/04/2023 07:00

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RNS Number : 0383X  i(x) Net Zero PLC  21 April 2023

 

21 April 2023

i(x) Net Zero PLC

 

("i(x) Net Zero" or the "Company")

 

Director Appointment

 

Further to yesterday's announcement, i(x) Net Zero PLC (AIM: IX.), the
investing company which focuses on Energy Transition and Sustainability in the
Built Environment, is pleased to announce the appointment of Jonathan
Carpenter Stearns, aged 64, as CFO, with immediate effect.

 

Jonathan will join the Board as an Executive Director of the Company.  Mr.
Stearns brings over 40 years of C-suite level experience as CFO, CEO and CIO
in the operating management of emerging growth companies. In addition, Mr.
Stearns has significant experience in portfolio management, complex financial
structuring and strategic consulting with both public and private companies
located in the US and Europe. Previously Mr. Stearns was a Managing Director
with AIG in its private capital group, and started his career at JP Morgan.

 

Jonathan is also a Director of Citron Energy Inc., where he holds the position
of Executive Chairman.

 

In October 2010, Jonathan was a Director of PCD Communications, a USA
domiciled company, which filed for bankruptcy. The bankruptcy was eventually
converted to a Chapter 7 liquidation and a final winding up of its affairs was
concluded in 2012.

 

There is no further information required to be disclosed under Rule 17 or
paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

 

- Ends -

 

 

For further information visit https://ixnetzero.com/
(https://url.avanan.click/v2/___https:/ixnetzero.com/___.YXAzOml4bmV0emVybzphOm86N2IwNzI5ZjFjNmRmYzY5Yjg5ODRhOGZiZWRiYWVmOTk6NjoyMjBhOjRmMGM4Yjg2ZmVkOWZiMzQwN2MwYjQ5ZDVjM2Q0N2I5ZjdmYjRmNDZmYTQ1NjM4Y2NkYTkwYmVjZGEyZTA4YWM6cDpU)
 or contact:

 i(x) Net Zero                              Via Buchanan below
 Pär Lindström - Chief Executive Officer

 Canaccord Genuity Limited                  +44 20 7523 8000

 Nominated Adviser & Broker
 Max Hartley
 Harry Pardoe

 Buchanan
 Helen Tarbet                               +44 7872 604 453
 Simon Compton                              +44 7979 497 324

 

 

Notes to Editors

About i(x) Net Zero PLC

i(x) Net Zero PLC is an AIM quoted investing company that seeks to provides
its shareholders with the opportunity to create long-term capital growth with
positive, scalable, measurable and sustainable impact on the environment and
on the communities it serves.

 

In accordance with its belief that the world's biggest problems are also the
biggest market opportunities, i(x) Net Zero focuses on two critical areas in
which it aims to make a positive impact: (i) Energy Transition and (ii)
Sustainability in the Built Environment.

 

The Company uses a multi-strategy investment approach, providing the companies
in which it invests with the expertise and catalytic capital to help them
grow. To date, i(x) Net Zero has invested in biofuels, direct air capture
(carbon removal), renewable energy, sustainable workforce housing and net zero
construction technology.

 

i(x) Net Zero is a  signatory to the UN Principles for Responsible
Investing.

 

The Company has received the London Stock Exchange's Green Economy Mark.

 

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