TIDMSNT

RNS Number : 3142C

Sabien Technology Group PLC

18 June 2021

18 June 2021

Sabien Technology Group plc

("Sabien" or the "Company")

Appointment of Chief Scientific Officer

The Board of Sabien Technology Group plc (AIM:SNT), a Company focused on building a portfolio of solutions in the heating, cooling, and transportation sectors, announces today the appointment of Dr. Athan Fox as Chief Scientific Officer (CSO), effective immediately.

Athan, who holds a Doctorate in Chemistry awarded by the University of Cambridge, is an entrepreneur and advocate whose work within sustainability, recycling and the circular economy is well known. His experience encompasses organic chemistry, intellectual property prosecution, technology transfer and fund raising for research, technology and innovation. In the last five years, Athan has been active in fund raising within both public and private sectors. During this time, he has also been selected to represent the UK and EU technology sectors on a series of Government-led missions to international markets.

Dr Fox is undertaking this role at Sabien under secondment from Ever Resource Ltd, a company that is pioneering a recycling revolution through the development of new technology and materials recovery methods, where he will continue to be engaged on complementary projects.

Sabien is intent on developing a platform which directly addresses the sustainability and environmental challenges and opportunities facing us all. This will be delivered through a portfolio of acquisitions and technology licenses supported by the specific skills and acknowledged leadership of our executive team and advisers.

Commenting on Athan's appointment, Richard Parris, Executive Chairman of Sabien, commented:

"The Board is pleased to welcome Athan to Sabien. His career, spanning both commerce and academia, is entirely consistent with Sabien's knowledge-led growth strategy and we look forward to working with Athan in the next important period for the Company. The arrival of Athan at Sabien heralds an extension of the scope of our platform to include materials science, battery technology and the sustainable recycling of waste materials as core-components in an evolving plan to develop Sabien into a leading global commercial enabler of greenhouse gas reduction and drawdown. We have an immediate need for Athan's skills to assess a number of current opportunities."

Further Information:

 
 Sabien Technology Group plc 
  Richard Parris, Executive Chairman            +44 20 7993 3700 
 Allenby Capital Limited (Nominated Adviser) 
  John Depasquale / Nick Harriss                +44 203 328 5656 
 Peterhouse Capital Limited (Broker) 
  Duncan Vasey / Lucy Williams                  +44 207 469 0930 
 

The person who arranged for the release of this announcement on behalf of the Company was Richard Parris, Executive Chairman.

A copy of this announcement will be available from the Company's website at www.sabien-tech.com

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June 18, 2021 02:00 ET (06:00 GMT)

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