Tekmar Group PLC list on AIM tomorrow – Meet the new board.


Meet the new Tekmar Group PLC board.

Following the Intention to Float announcement, issued on 4 June 2018, Tekmar announces the successful pricing of its initial public offering (the “IPO”) and conditional placing (the “Placing”) of 47,536,789 Shares at 130 pence per Share (the “Issue Price”).

It is expected that dealings in the Shares on AIM will commence at 8.00 a.m. on 20 June 2018 with a market capitalisation at the Placing Price of approximately £65.0 million.

Chairman, Alasdair MacDonald, former CEO of Technip Umbilical’s and Wellstream. NED, Julian Andrew Brown, former chairman of Renewables UK, UK Director of AREVA Wind and Managing Director of Vestas Blades UK Limited.

NED, Christopher Gill, former FD of Domnick Hunter Group plc, Black and Decker, Wellstream Holdings plc and SMD Limited.

All other Tekmar Senior Management including, myself as Group CEO, Sue as Group CFO, Jack and Charlie as Head of Sales for Offshore Wind and Subsea, Russell as Operations Director, Steven as MD for Agiletek and Terry as Technical NED will all remain unchanged.

Link: Tekmar Group will IPO on AIM (Ticker TGP) raise about £61.8 million


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