DG Innovate PLC - Caerphilly, Wales-based electric mobility and energy storage company - Appoints Michael Fallon, who was the UK defence secretary from 2014 to 2017, to its board as independent-non executive director. Fallon was also the UK’s minister of state for energy from 2013 to 2014.
DG Innovate Chair Nick Tulloch says: ‘Sir Michael’s extensive government and private sector experience, particularly in relevant sectors to the company, will be invaluable as we look to rapidly exploit the significant commercial potential in DG Innovate’s technology and the wider opportunity to use DG Innovate as a platform to build a larger company focused on the sector.’
Current stock price: 0.070 pence each, down 9.2% on Friday morning in London
12-month change: up 41%
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