Share Name Share Symbol Market Type Share ISIN Share Description
Thalassa Holdings Limited LSE:THAL London Ordinary Share VGG878801031 ORD SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 80.50p 78.00p 83.00p 80.50p 80.50p 80.50p 800 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 0.0 -5.1 29.8 2.6 14

Thalassa Holdings Limited James Hedges appointed CEO of ARL

19/06/2019 1:51pm

UK Regulatory (RNS & others)


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RNS Number : 7910C

Thalassa Holdings Limited

19 June 2019

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa", "THAL" or the "Company")

James Hedges appointed CEO of Autonomous Robotics Limited

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

The board of Thalassa is delighted to announce that James Hedges, CFO of Thalassa's subsidiary Autonomous Robotics Ltd ("ARL"), has accepted the role of CEO of ARL with immediate effect. Mr Hedges has also been appointed to the board of ARL.

Mr Hedges has been working as CFO of ARL since December 2018, having previously held the role of Finance Director of AIM quoted telematics services company Trakm8 Holdings plc. He qualified as an accountant will KMG Thomason McLintock (now KPMG) and has worked for, among others, London Electricity plc and Charterhouse Mercantile Group, in addition to a number of SMEs.

Mr Hedges will lead the fundraising effort at ARL, with a focus on not only securing financial investment, but also industry support, both for commercial and defence applications of ARL's autonomous flying node system.

Dave Grant will remain with ARL as Chairman, who, along with the board of ARL, will support Mr Hedges in delivering the next phase of the business plan.

Dave Grant, Chairman of ARL, said: "I am delighted James Hedges has accepted his new role as CEO and has also agreed to join the board of Autonomous Robotics ltL. His previous experience as a Finance Director will ensure an efficient fund raising process and collaboration with industry"

 
 Enquiries: 
 Thalassa Holdings Ltd 
                                                --------------------- 
 Duncan Soukup (Executive Chairman)              +33 (0)6 78 63 26 89 
                                                --------------------- 
 WH Ireland Limited (Financial Adviser 
  and Broker)                                     +44 (0)207 220 1650 
                                                --------------------- 
 Chris Fielding, Managing Director, Corporate 
  Finance 
                                                --------------------- 
 

www.thalassaholdingsltd.com

Note to Editors:

Thalassa Holdings Ltd, incorporated and registered in the BVI, is a holding company with various interests across a number of industries.

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

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June 19, 2019 08:51 ET (12:51 GMT)

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