Press Release
16 August 2023
Ashington Innovation plc
("Ashington" or "the Company")
Board Change
Ashington Innovation PLC, a special purpose acquisition company ("SPAC") aiming to benefit from favourable price conditions for technology companies, announces that Jason Drummond has tendered his resignation to the Board due to his extensive existing business commitments and will step down with immediate effect.
Peter Presland, Chairman of Ashington, said: "I would like to sincerely thank Jason for his valuable contribution to the Board and we wish him well with all his current endeavours."
For further information please contact:
| Ashington Innovation plc | |
| David Orchard General Counsel | via Tancredi +44 207 887 7633 |
| SI Capital Ltd. | |
| Corporate Broker Jon Levinson | + 44 1483 413 500 |
| Tancredi Intelligent Communication Media Relations | |
| Helen Humphrey Charlie Hobbs Jasmine Gadhavi ashington@tancredigroup.com | +44 7449 226 720 +44 7897 557 112 +44 7931 435 236 |
About Ashington Innovation plc
Ashington Innovation PLC is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.
The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.
The Company is not limited to any specific geographic region in identifying its target companies.
www.ashingtoninnovationplc.com
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