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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mycelx Technologies Corporation | LSE:MYX | London | Ordinary Share | COM SHS USD0.025 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.00 | 7.41% | 58.00 | 56.00 | 60.00 | 59.50 | 54.00 | 55.00 | 202,342 | 14:27:38 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Water Supply | 10.91M | -3.71M | -0.1612 | -3.60 | 12.41M |
From Jul 2019 to Jul 2024
TIDMMYX TIDMTTM
RNS Number : 0804K
MyCelx Technologies Corporation
11 December 2018
11 December 2018
MYCELX TECHNOLOGIES CORPORATION
("MYCELX" or the "Company")
Directorate Changes
MYCELX Technologies Corporation (AIM: MYX), the clean water technology company providing patented solutions for the Oil and Gas market and commercial industrial markets worldwide, is pleased to announce the appointment of André Schnabl as a Non-Executive Director, Chairman of the Audit Committee and Senior Independent Director, with effect 1 January 2019.
André is the managing principal of Tenor Capital Partners LLC, a boutique investment bank focused on advising companies and shareholders in analysing, structuring and financing employee stock ownership plans. Prior to Tenor, André was the managing partner of the Atlanta office of Grant Thornton LLP, from which he retired in 2012. He joined Grant Thornton in Zimbabwe and also spent time in the firm's Montreal office before moving to the Atlanta office.
André led an initiative in partnership with the education sector intended specifically to influence excellent governance standards among audit committee chairs.
André has a Bachelor degree in Chemistry and Geology from the University of London and is a CPA. He serves on a number of corporate and not-for-profit boards.
Swinton Griffith, who has acted as a Non-executive Director and as Chairman of the Audit Committee of the Company since 9 January 2012, will step down from this role following Mr Schnabl's appointment.
Commenting on today's announcement Tim Eggar, Chairman of MyCelx, said:
"I would like to welcome André onto the Board. After a distinguished career at Grant Thornton he brings considerable expertise to our team and we look forward to his contribution in his role as Chairman of the Audit Committee and in assisting the Company's continuing growth and development.
On behalf of the Board I would also like to express our gratitude to Swinton for his long-standing contribution to the Company, both as a Non-executive Director and as Chairman of the Audit Committee."
There is no information that is required to be disclosed with regards to the appointment of Samuel André Schnabl, aged 71, pursuant to Schedule 2 paragraph (g) of the AIM Rules, save as set out below:
(g) (ii) Current directorships and partnerships
America Israel Business Connector (Conexx)
American Israel Chamber of Commerce
AMT Investors LLC
Andre Schnabl Advisors LLC
ClearStar, Inc.
Kennesaw State University Foundation
PC&E Inc.
Almark Foods Inc.
Tenor Capital Partners LLC
(g) (ii) Directorships and partnerships held within the past five years
Pro-Link, Inc.
(g) (v) Andre Schnabl was a director of a closely held autoparts distributor, Allied Auto Parts Inc in Atlanta, Georgia, that negotiated with certain creditors in 1989.
For further information please contact:
MYCELX Technologies Corporation Connie Mixon, CEO Tel: +1 888 306 6843 Kim Slayton, CFO Cantor Fitzgerald Europe - NOMAD and Broker David Porter Tel: +44 20 7894 7000 Richard Salmond Celicourt Communications Mark Antelme Tel: +44 20 7520 9266 Jimmy Lea
Notes to Editors
MYCELX is a revolutionary oil-free water technology company solving the world's toughest oil removal problems in the oil and gas industry. The systems are based upon scientific breakthrough for a completely different approach to permanent oil removal. The Company created the patented MYCELX polymer using innovative molecular cohesion for removing oil from water far beyond what conventional systems have ever achieved. MYCELX systems remove oil to critically low levels in a much smaller physical footprint than conventional systems and in a virtually fail-safe process.
www.mycelx.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
BOAGGGBUPUPRUMG
(END) Dow Jones Newswires
December 11, 2018 02:15 ET (07:15 GMT)
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