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TUNG Tungsten Corporation Plc

54.60
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tungsten Corporation Plc LSE:TUNG London Ordinary Share GB00B7Z0Q502 ORD 0.438P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 54.60 54.00 55.20 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Tungsten Corporation PLC Directorate Change (0382G)

24/05/2017 7:01am

UK Regulatory


Tungsten (LSE:TUNG)
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TIDMTUNG

RNS Number : 0382G

Tungsten Corporation PLC

24 May 2017

TUNGSTEN CORPORATION PLC

("Tungsten" or the "Company")

24 May 2017

Directorate Change

Tungsten Corporation plc (LSE:TUNG), the global e-invoicing, purchase order services, analytics and financing company, has been notified that Danny Truell will be stepping down as a Non-Executive Director of the Board with immediate effect.

Danny Truell commented:

"I enjoyed creating Tungsten. With Rick at the helm, steering a highly capable senior leadership team, I am very confident about its future and remain a robust shareholder. Sadly, my health has deteriorated and it is time for me to step aside."

Nick Parker, Non-Executive Chairman, commented:

"On behalf of the Board, I should like to thank Danny, a Founder of Tungsten, for his enormous contribution to the development of the business. We wish him well for the future."

Enquiries

 
 Tungsten Corporation plc 
  Richard Hurwitz, Chief Executive 
  Officer 
  David Williams, Chief Financial               +44 20 7280 
  Officer                                       7713 
 
 Panmure Gordon (Nominated 
  Advisor)                                    +44 20 7886 
  Dominic Morley/Peter Steel                   2500 
 Canaccord Genuity Limited 
  (Broker) 
  Simon Bridges/Andrew Buchanan/Emma          +44 20 7523 
  Gabriel                                      8000 
 Neustria Partners 
  Robert Bailhache/Nick Henderson/Charles     +44 20 3021 
  Gorman [email]                               2580 
 

About Tungsten Corporation plc

Tungsten Corporation (LSE: TUNG) aims to be the world's most trusted business transaction network by using data intelligently to strengthen the global supply chain.

Tungsten Network is a secure e-invoicing and purchase order services platform that brings businesses and their Suppliers closer together with unique technology that revolutionises invoice processing, maximises efficiency and improves cash flow management. Delivering trusted connections and streamlined transactions, the network also provides users with real-time spend analysis and offers Suppliers access to invoice financing through Tungsten Network Finance, a form of alternative finance for businesses.

Tungsten Network processes invoices for 70% of the FTSE 100 and 72% of the Fortune 500. It enables Suppliers to submit tax compliant e-invoices in 47 countries, and last year processed transactions worth over GBP133bn for organisations such as Alliance Data, Cargill, Deutsche Lufthansa, General Motors, GlaxoSmithKline, Henkel, IBM, Kellogg's and the US Federal Government.

Trusted, passionate and proven, Tungsten is making the digitisation of global commerce between Buyers and Suppliers faster, easier and smarter.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 24, 2017 02:01 ET (06:01 GMT)

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