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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Velocity Composites Plc | LSE:VEL | London | Ordinary Share | GB00BF339H01 | ORD 0.25P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 29.50 | 29.00 | 30.00 | 29.50 | 29.50 | 29.50 | 9,022 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Aircraft Parts, Aux Eq, Nec | 16.41M | -3.14M | -0.0588 | -5.02 | 15.77M |
From Apr 2022 to Apr 2024
TIDMVEL
RNS Number : 0690O
Velocity Composites PLC
08 June 2022
8 June 2022
Velocity Composites plc
("Velocity" or the "Company")
Directorate Change
Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market and other high-performance manufacturers, announces that Chris Williams will step down from his position as Group Finance Director and will leave the Company at the end of December 2022, to pursue other business and personal interests.
The Company will commence a process to identify and appoint a new Group Finance Director shortly and further announcements will be made, as appropriate. Mr Williams remains committed to the Group until his departure and will provide an orderly handover to the Company's new Group Finance Director.
Enquiries:
Velocity Composites plc Andy Beaden, Chairman Jon Bridges, Chief Executive Officer +44 (0) 1282 577577 Cenkos Securities plc Nominated Adviser and Broker Katy Birkin Ben Jeynes George Lawson +44 (0) 20 7397 4000 SEC Newgate +44 (0)7540 106 366 Financial PR velocitycomposites@secnewgate.co.uk Robin Tozer / Richard Bicknell
About Velocity Composites
Based in Burnley, UK, Velocity Composites is the leading supplier of composite material kits to aerospace and other high-performance manufacturers, that reduce costs and improve sustainability. Customers include Airbus, Boeing, and GKN.
By using Velocity's proprietary technology, manufacturers can also free up internal resources to focus on their core business. Velocity has significant potential for expansion, both in the UK and abroad, including into new market areas, such as wind energy, urban air mobility and electric vehicles, where the demand for composites is expected to grow.
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END
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(END) Dow Jones Newswires
June 08, 2022 02:01 ET (06:01 GMT)
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