REG - Synectics PLC - Proposed Board Change

SynecticsAnnouncement

22/06/2022 07:00

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RNS Number : 6979P  Synectics PLC  22 June 2022

 

 RNS   22 June 2022

 

 

Synectics plc

("Synectics", the "Company" or the "Group")

 

Proposed Board Change

 

Synectics plc (AIM: SNX), a leader in the design, integration and support of
advanced security and surveillance systems, announces that its Chairman, David
Coghlan, has informed the Company of his intention to retire from the Board by
the end of the current year.

 

The Company has retained a professional search firm to seek a replacement and
hopes to make an appointment once the right candidate has been chosen. Mr
Coghlan has agreed to remain as Chairman until his successor is in place and a
thorough transition and handover have been completed.

 

 

David Coghlan, Chairman of Synectics, commented: "Synectics is a fine company
with a very bright future. It has now weathered the severe impact of the
pandemic on its main markets and has recovered to profitability with a clear
growth trajectory. The Group's balance sheet, technology and competitive
positions are strong.

 

Having had the honour of chairing Synectics for 16 years, it is now time for
me to step back from my current commitments to a less direct role and to
support the future success of the Company as an actively engaged outside
shareholder."

 

For further information, please contact:

 Synectics plc                 Tel: +44 (0) 114 280 2828
 David Coghlan, Chairman       www.synecticsplc.com

 Paul Webb, Chief Executive
 email: info@synecticsplc.com
 Shore Capital
                               Tel: +44 (0) 20 7408 4090
 Tom Griffiths / David Coaten

 

About Synectics plc

Synectics (AIM: SNX) is a leader in the design, integration and support of
advanced security and surveillance systems that enable clients around the
world to protect their people, communities, and assets.

 

Founded over 30 years ago, Synectics has deep industry experience across
gaming, energy, urban transport, public space and critical infrastructure
projects. The Group's expert engineering teams work in partnership with
customers to create integrated product and technology solutions, proven in the
most complex and demanding operating environments.

 

 

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