REG - Zytronic PLC - Board Changes & Process Update

ZytronicAnnouncement

03/02/2025 07:15

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RNS Number : 5555V  Zytronic PLC  03 February 2025

3 February 2025

 

Zytronic plc

 

("Zytronic" or the "Company" and its subsidiaries)

 

Board Changes & Process Update

 

 

Further to the announcement made on 14 November 2024, the Company confirms
that Mark Cambridge stepped down from the Board, effective 1 February 2025.
The Board would like to thank Mark for his 25 years of service with Zytronic.

 

FRP Advisory Trading Limited ('FRP Advisory') continues to make progress in
its efforts to maximise returns for shareholders. The Board is currently
reviewing a number of preliminary offers for the Company's trading subsidiary,
Zytronic Displays Limited, together with preliminary offers for specific
assets of the Company, and will provide updates to shareholders in due course.
There can be no guarantee any of these offers will progress, nor their
eventual terms.

 

Enquiries:

 

 Zytronic plc                                           0191 414 5511

 Christopher Potts, Non-Executive Chairman

 Claire Smith, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Broker)  020 7496 3000

 Alex Bond, Samed Ethemi (Investment Banking)

 

Notes to Editors

The Company's trading entity Zytronic Displays Limited ("ZDL") is an
established developer and manufacturer of a range of internationally
award-winning optically transparent interactive touch sensor overlay products
for use with electronic displays in industrial, self-service and public access
equipment.

 

ZDL has continually developed process and technological know-how and
intellectual property since the late 1990's around two projected capacitance
("PCAP") sensing methodologies; trademarked by it as PCT™ ("Projected
Capacitive Technology") and MPCT™ ("Mutual Projected Capacitive
Technology"), in respect of which 20 internationally granted patents are held.
As part of this the Company has invested in and developed an advanced
electronic PCAP controller, the ZXY500, which incorporates a specialist
Application Specific Integrated Circuit ("ASIC") specified and owned by
Zytronic, and bespoke firmware on the controller processor.

 

ZDL's PCAP sensing solutions are readily configurable and embedded in a
laminate core which offers significant durability, environmental stability,
and optical enhancement benefits to meet system-specific design requirements.

 

The Company is headquartered at Blaydon-upon-Tyne in the United Kingdom. ZDL
operates from this site, providing its manufactured products globally through
a number of sales channel partners. ZDL differentiates itself from others in
the touch eco-system as it offers a complete one-stop solution including
processing internally of the form and factor of glass and film substrates, the
assembly of the associated touch overlay products, in environmentally
controlled cleanrooms to customer's specific requirements and the development
of the bespoke firmware, software and electronic hardware which comprise the
controller that links the manufactured touch interactive overlays to a
customer's integrated systems and product.

 

For more information about ZDL's technologies and products, and the Company
please see www.zytronic.co.uk (https://www.zytronic.co.uk/)

 

 

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