REG - LifeSafe Holdings - Board and Strategic adviser appointments

LifeSafe HoldingsAnnouncement

01/10/2024 07:00

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RNS Number : 3436G  LifeSafe Holdings PLC  01 October 2024

 

 1 October 2024

 

LifeSafe Holdings plc

('LifeSafe', the 'Group' or the 'Company')

 

Board and Strategic adviser appointments

 

LifeSafe Holdings plc (AIM:LIFS), a fire safety technology business with
innovative fire extinguishing and prevention fluids and fire safety products,
is pleased to announce the appointment of Gregor John Paterson as
Non-Executive Director, effective 1 October 2024 and the non-board appointment
of Garry Ridge, former CEO of WD-40 Company Inc ("WD-40 Company") (NASDAQ:
WDFC) as a strategic adviser.

 

Gregor Paterson

 

Gregor has extensive UK equity market experience having spent over 20 years
performing various corporate broking, equity sales and advisory roles. He has
previously held senior positions at Cenkos Securities plc (now part of
Cavendish Financial plc), Cantor Fitzgerald Europe and Zeus Capital, before
joining Amati Global Investors Limited ("Amati"), an independent specialist
fund management business investing in small and mid-sized companies, in July
2024.

 

Amati is the appointed Fund Manager of Amati AIM VCT plc ("Amati AIM VCT")
which holds approximately 16.7% of the issued share capital of LifeSafe. Given
that Gregor is employed by Amati and that Amati AIM VCT holds a substantial
shareholding in the Company, Gregor is not considered an independent
non-executive director.

 

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies,
Gregor John Paterson (aged 47) holds no other directorship other than this
appointment and has not held any other directorships in the past five years.

 

Gregor has no personal interest in the ordinary shares of the Company. There
are no further disclosures to made be under Schedule 2 (g) of the AIM Rules
for Companies.

 

Commenting on the appointment, Dominic Berger, Chairman of LifeSafe, said:

 

"We are delighted to welcome Gregor to the LifeSafe Board. He brings with him
a wealth of advisory experience and successful shareholder engagement. The
Board is confident that Gregor will add significant value for LifeSafe and we
look forward to his advice and guidance as we navigate the next stage of
growth for the Company."

 

Garry Ridge

 

LifeSafe is further pleased to announce that Garry Ridge, former CEO of WD-40
Company Inc ("WD-40 Company") (NASDAQ: WDFC), has agreed to work with the
Company as a business and leadership consultant and to assist the business in
reviewing its global go-to-market strategy for the innovative StaySafe
All-in-1 fire extinguisher.

 

As chief executive officer for 25 years, and a member of the board of
directors of WD-40 Company, Garry was responsible for developing and
implementing high-level strategies, operations, and pioneered the global
expansion of the WD-40 Company brands which are now available in over 176
countries and territories around the world.

 

Commenting on the appointment, Dominic Berger, Chairman of LifeSafe, said:

 

"We are delighted that Garry Ridge has agreed to advise LifeSafe on its growth
journey.  Like WD-40, our mantra is every home, car, boat, caravan, school,
office, plane, hospital and more, should have a StaySafe All-in-1 for personal
protection in the event of a fire, therefore having the architect of WD-40's
success on our team is truly exciting."

 

Garry Ridge commented:

 

"I am pleased to be working with the team at Lifesafe on business and
leadership development. The StaySafe All-in-1 fire safety product is
well-positioned to become a leading solution in the fire safety market. With a
comprehensive go-to-market strategy that addresses both B2C and B2B segments,
including specialised industries like aviation, lithium battery safety and
emergency services, the product is poised for success in protecting homes,
businesses, and lives from fire hazards."

 

- Ends -

 

For further enquiries:

 

 LifeSafe Holdings plc

 Dominic Berger, Chairman                                        info@lifesafetechnologies.com (mailto:info@lifesafetechnologies.com)

 Neil Smith, Chief Executive Officer

 Mike Stilwell, Chief Financial Officer

 Zeus (Nominated Adviser & Broker)                                Tel: +44 (0) 203 829 5000

 David Foreman, Alexandra Campbell-Harris (Investment Banking)

 Emma Ayton (Sales)

 

Notes to Editors

 

LifeSafe is a fire safety technology business that develops eco-friendly,
novel and innovative fire extinguishing and prevention fluids and life-saving
fire safety products.  LifeSafe has developed a market disrupting range of
eco-friendly fire safety protection products; a new patent-pending Thermal
Runaway Fluid to combat lithium battery fires by permanently extinguishing and
preventing re-ignition, and the StaySafe All-in-1, a handheld eco-friendly and
fully recyclable extinguisher which is verified to extinguish ten different
types of fire.  LifeSafe is successfully creating new markets for the Group
in fire safety through its innovative technologies, products, digital
marketing and multi-channel sales; and is continuing to develop new fluid
derivations for applications in various industrial market sectors.

LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.

 

For further information please visit: https://www.lifesafeholdingsplc.com
(https://www.lifesafeholdingsplc.com/) .

LinkedIn: https://www.linkedin.com/company/lifesafe-technologies
(https://www.linkedin.com/company/lifesafe-technologies)

X (formerly Twittter): https://x.com/LifesafeT
(https://twitter.com/LifesafeT)

 

 

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