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Tuesday 15 December, 2009

HydroDec Group plc

Resignation of Finance Direct

RNS Number : 1292E
HydroDec Group plc
15 December 2009
 



 15 December 2009


Hydrodec Group plc

(the "Company" or "Hydrodec")


Resignation of Finance Director



Further to the Company's announcement of 23 July 2009 that John Dickson had decided to leave the Company to pursue other interests, the Board yesterday accepted his resignation as Finance Director.


The Board wishes to thank John for his excellent contribution to Hydrodec as Finance Director which helped support the Company during a critical period in its development and wishes him well in his future activities. 


His replacement as Finance Director has not yet been appointed and in the interim period Paul Manchester, who joined as Group Financial Controller in September this year, will be acting as Chief Financial Officer.   


John Dickson said "Having announced my intention to resign in July of this year, it is now the appropriate time for me to step down from the Board to transition my responsibilities.  I have enjoyed my time with Hydrodec and the challenges that have been presented.  I still firmly believe in the Group and the technology and would like to wish Paul, the Board and management every success in the future."


For further information please contact: 


Hydrodec Group plc                                                  020 7786 9810

Neil Gaskell, Chairman

Mark McNamara, Chief Executive

Mike Preen, Company Secretary


Numis Securities Limited                                          020 7260 1000

Nominated Adviser: Simon Blank

Corporate Broker: David Poutney / Alex Ham


Curve PR                                                                    07764 197003

Emma Davis    



This information is provided by RNS
The company news service from the London Stock Exchange
 
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