TIDMTGP
RNS Number : 9431S
Tekmar Group PLC
22 March 2021
22nd March 2021
TEKMAR GROUP PLC
("Tekmar Group" or the "Group")
Appointment of Non-Executive Director
Tekmar Group (AIM: TGP), a leading provider of technology and
services for the global offshore energy markets, is pleased to
announce that Ian Ritchey has been appointed to the Board as
Non-Executive Director, with effect from 22nd March 2021.
Ian is an experienced engineering leader with a strong track
record of delivery in the Energy, Aerospace, Defence, and Marine
sectors, across all stages of the product lifecycle from research
and new product development through to in-service support.
Ian has nearly 30 years' experience in the engineering industry,
including 20 years in senior leadership positions with Rolls-Royce
plc, where he held key roles including: Head of Aerospace Research
and Technology, Defence Engineering Director and Executive VP
Engineering and Technology - Commercial Marine. Most recently, he
was Group Chief Engineer, leading the Engineering function across
the business.
Ian has degrees from Cambridge and Stanford Universities. He is
an Honorary Professor at Durham University, a Chartered Engineer, a
Fellow of the IMechE and a Fellow of the Royal Academy of
Engineering, where he currently Chairs the Diversity and Inclusion
Leadership Group.
Julian Brown, Non-executive Chairman of Tekmar Group, said: "We
are delighted to welcome Ian to Tekmar Group. Ian is a highly
accomplished business leader with deep engineering knowledge, and
experience in product research, design and technology which are
directly relevant to Tekmar Group's core market and products and
will be of significant benefit to the business at a time of
forecast structural growth in the global offshore wind industry.
His appointment strengthens and broadens the Board's skill set, and
we very much look forward to benefitting from his insights,
expertise, international experience and counsel over the coming
years to support Tekmar Group's continued success ."
Ian Ritchey said : "I am very pleased to be appointed to the
Tekmar Group Board as Non-Executive Director . The Group is a
global technology leader which I have admired for some time as I
have followed its impressive growth trajectory. I look forward to
working with the Board, Ally MacDonald and the rest of the
executive team, and all our stakeholders, on the opportunities
ahead within the Global Offshore Wind Market."
The following disclosures are required regarding Dr Ritchey's
appointment pursuant to Schedule Two paragraph (g) of the AIM Rules
for Companies ("AIM Rules"):
Full name: Ian Ritchey
Age: 56
Current directorships: None
Previous directorships in the last five years:
-- Safyrr Propulsion Limited
Save as set out above, there is no further information to be
disclosed in respect of Dr Ian Ritchey under Schedule 2(g) of the
AIM Rules.
Enquiries:
Tekmar Group plc
Alasdair MacDonald, CEO
Sue Hurst, CFO +44 (0)1325 349 050
N+1 Singer (Nominated Adviser and Joint Broker)
Rick Thompson / Rachel Hayes +44 (0)20 7496 3000
Berenberg (Joint Broker)
Chris Bowman / Ben Wright / Ciaran Walsh +44 (0)20 3207 7800
Belvedere Communications (Financial PR)
Cat Valentine +44 (0) 7715 769 078
Keeley Clarke +44 (0) 7967 816 525
tekmarpr@belvederepr.com
About Tekmar Group plc - www.tekmargroup.com
Tekmar Group plc's vision is to be the leading provider of
technology and services for the global offshore energy markets. The
Group has five primary operating companies; these are Tekmar Energy
Limited, Subsea Innovation Limited, AgileTek Engineering Limited,
Ryder Geotechnical Limited and Pipeshield International
limited.
Tekmar Energy is a global market leader in protection systems
for subsea cable, umbilical and flexible pipe. Tekmar Energy has
been trusted to protect billions of Euros worth of assets in the
offshore wind, oil & gas, wave, tidal and interconnector
markets since 1985.
Subsea Innovation is a global leader in the design, manufacture
and supply of complex engineered equipment and technology used in
the offshore energy market. Its products include large equipment
handling systems which operate on the back of pipelay installation
vessels; emergency pipeline repair clamps (EPRC) which protect
major oil and gas pipelines, and bespoke equipment for use in the
construction of offshore energy projects.
AgileTek Engineering is an award-winning subsea engineering
consultancy for offshore energy projects. AgileTek helps its
clients de-risk projects through advanced computer simulation and
analysis. AgileDat, a division of AgileTek, provides software
development, cloud architecture and data analytics services.
Ryder Geotechnical provides expert geotechnical design and
consulting services to the offshore wind and subsea oil and gas
sectors. Services include offshore structure foundation design,
geohazard assessment and subsea cable routing and burial
assessment.
Pipeshield International is a market leading provider of
specialised subsea protection solutions in the form of concrete
mattresses used for the stabilisation and impact protection of
subsea equipment in areas where they cannot be buried and further
to limit the development of scour (seabed erosion) particularly
local to that of a foundation, pipeline or in marine ports.
Tekmar Energy is headquartered in Newton Aycliffe in the United
Kingdom; AgileTek operates from an office in London; Subsea
Innovation has its head office and manufacturing centre in
Darlington, United Kingdom. Ryder operates in Newcastle and within
AgileTek London, Pipeshield headquarters are in Lowestoft with
manufacturing in Montrose and Blyth. Tekmar Group plc also has
strategic supply bases and representation across Europe, Africa,
the Middle East and Asia Pacific.
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