SimiGon Limited Appointment to the Board (0793L)
April 17 2018 - 1:01AM
UK Regulatory
TIDMSIM
RNS Number : 0793L
SimiGon Limited
17 April 2018
17 April 2018
SimiGon Ltd
("SimiGon" or "the Company")
Appointment to the Board
SimiGon Ltd (LSE: SIM), a global leader in modeling, simulation
and training solutions, is pleased to announce the appointment,
subject to shareholder approval at the next general meeting of the
Company, of Omer Eyal as a non-executive director of the
Company.
Mr. Eyal brings nearly 20 years of business advisory and
entrepreneurial experience to the board. Mr. Eyal began his career
as a corporate lawyer at global law firm Steptoe & Johnston
LLP. He then went on to join UMA Solar LLC, a leading thermal and
solar power distributor, as the company's COO and Legal Affairs
Manager for 9 years. Following his exit from UMA Solar, Mr Eyal
went on to become founder and CEO of TEVA Energy LLC, managing a
team of experts in the development and distribution of
renewable-energy solar solutions across North America and the
Caribbean. Mr. Eyal spearheaded the merger of Superior Solar
Systems LLC and TEVA Energy LLC to form TEVA Alternative Energy LLC
of which he was appointed CEO and managing member. Mr. Eyal is a
qualified D.C. lawyer holding a Judicial Doctorate from Georgetown
University.
Further information with respect to Omer Eyal, as required
pursuant to Schedule 2(g) of the AIM Rules, is set out below.
Ami Vizer, CEO of SimiGon, commented: "We are delighted that Mr
Eyal has agreed to join the board of SimiGon and are confident that
his considerable range of skills and experience will be of great
benefit to the Company."
The following information regarding the appointment of Omer
Chaim Eyal, age 46, is disclosed under Schedule 2(g) of the AIM
Rules for Companies:
Current directorships and/or Former directorships and/or partnerships
partnerships: (within the last five years):
TEVA Alternative Energy LLC N/A
TEVA Energy LLC
Superior Solar Systems LLC
Mr. Eyal has no shareholding in the Company.
There are no further disclosures required under Schedule 2(g) of
the AIM Rules for Companies.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
For further information please contact:
Enquiries:
SimiGon Ltd
Ami Vizer, Chief Executive Officer +1 (407) 951 5548
Efi Manea, Chief Financial Officer
+44 (0) 207 220
finnCap (NOMAD & Broker) 0500
Stuart Andrews / Henrik Persson / Scott Mathieson
(corporate finance)
Stephen Norcross (corporate broking)
About SimiGon
SimiGon (AIM: SIM) is a leading developer and supplier of
distributed simulation solutions for defence and civilian
applications. SimiGon is the creator of SIMbox, a leading PC-based
platform for creating, managing and deploying simulation-based
content across multiple domains. Through its off the-shelf training
solutions for demanding high-skill occupations, SimiGon provides
diverse organizations with faster and more cost-effective training.
SimiGon's growing client base includes blue-chip training and
simulation systems providers as well as air forces and commercial
airlines worldwide. Founded in 1998, SimiGon maintains offices in
Israel and the United States.
This information is provided by RNS
The company news service from the London Stock Exchange
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