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Avingtrans PLC announced on 23 February 2022 the appointment of Jo Reedman (aged 52) as an independent Non-Executive Director, effective 1st March 2022. Upon her appointment, she will join the Audit, Remuneration, and Nomination committees. Following this, the board will comprise a Non-Executive Chairman, two Executive Directors, and three independent Non-Executive Directors.
| Date | 23 Feb 2022 |
| Time | 07:00:05 |
| Category | Board changes |
| ID | 4756C |
23 February 2022
Avingtrans Plc
("Avingtrans", the "Company", or the "Group")
Non-Executive Director Appointment
Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies critical components, modules, systems and associated services to the energy, medical and industrial sectors, is pleased to announce the appointment of Jo Reedman, as an independent Non-Executive Director ("NED"), effective on 1st March 2022.
Jo has over 20 years' experience as an equity research analyst, focusing on capital goods/industrials companies in both sell-side and buy-side roles. She was a Senior Research Analyst at Singer Capital Markets (previously N+1 Singer) from 2009 to 2019. Prior to this, she held roles at Merrill Lynch, British Steel Pension Fund and NatWest Markets. Jo has a BA Hons in Mathematics from St Hilda's College, Oxford.
Upon appointment, Jo will join the Audit, Remuneration and Nomination committees. Following her appointment, the board will comprise a Non-Executive Chairman, two Executive Directors and three Non-Executive Directors, all of whom are independent.
Roger McDowell, Chairman of Avingtrans, commented:
'I am delighted to welcome Jo Reedman to the Avingtrans Board. Jo brings a wealth of experience and understanding of industrial and engineering businesses, from her background as research analyst. I'm confident that she will bring new ideas and thinking to the Board debate, coupled with strong financial insight.'
Joanne Samantha Reedman (aged 52) does not currently hold any directorships or partnerships and has not previously held any directorships or partnerships in the past five years.
Save as disclosed above, there is no further information to be disclosed in respect of the above appointment, pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for companies.
Enquiries:
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Avingtrans plc |
01354 692391 |
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Roger McDowell, Chairman Steve McQuillan, Chief Executive Officer Stephen King, Chief Financial Officer
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Singer Capital Markets (Nominated Adviser and Broker) |
02074 963000 |
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Shaun Dobson Alex Bond Oliver Platts Rachel Hayes
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IFC Advisory (Financial PR) |
020 3934 6630 |
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Graham Herring Tim Metcalfe Zach Cohen |
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About Avingtrans plc:
Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.
Business units
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Designs, manufactures and installs instrumentation, including consoles, system upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) and Nuclear Magnetic Resonance (NMR) systems. |