20 January 2025
Ashtead Technology
Holdings plc
("Ashtead
Technology" or the "Group")
Appointment of Non-Executive
Director
Ashtead Technology Holdings plc (AIM: AT.), a
leading subsea equipment rental and solutions provider for the
global offshore energy sector, is pleased to announce the
appointment of Kristin Færøvik as Non-Executive Director effective
immediately.
Kristin brings more than 30 years' experience
in the global energy sector including executive roles with BP,
Marathon Oil, Worley and Lundin Energy. Starting her Non-Executive
Director career in 2011, Kristin currently serves on a number of
Boards including Kongsberg Group and Shearwater
Geoservices.
In addition to joining the Board, Ms Færøvik
will also join the Audit, Remuneration and Nomination
Committees.
Commenting on her appointment, Kristin Færøvik
said:
"I am delighted to have the opportunity to join
the board of Ashtead Technology, a company that has enjoyed
incredible success over recent years. With an excellent customer
base, clear ambitions and robust strategy, I am convinced that the
future trajectory of the company will be just as
impressive."
Bill Shannon, Chairman, added:
"The appointment of Kristin to our board is
another positive step forward in our journey at Ashtead Technology.
Kristin's extensive experience in the international energy sector
combined with her proven non-executive track record will make her
an excellent addition to our board. Ashtead Technology's growth
journey continues to be extremely exciting and the addition of
leaders like Kristin adds to our confidence for the
future."
For further
information, please contact:
|
Ashtead
Technology
Allan Pirie, Chief Executive Officer
Ingrid Stewart, Chief Financial
Officer
Colin Ross, Chief Strategy & Marketing
Officer
|
(Via Vigo Consulting)
|
|
Vigo Consulting
(financial PR)
Patrick d'Ancona
Finlay Thomson
Verity Snow
|
Tel: +44 (0)20 7390 0230
ashteadtechnology@vigoconsulting.com
|
|
Deutsche Numis
(Nomad and Broker)
Julian Cater
George Price
Kevin Cruickshank (QE)
|
Tel: +44 (0)20 7260 1000
|
In accordance with Schedule 2 (g) of the AIM
Rules for Companies, Kristin Færøvik (aged 62 years) holds/has held
the following directorships/partnerships in the last five
years:
|
Current
directorships/partnerships
|
Previous
directorships/partnerships (last five years)
|
|
Bluenord ASA
Bunker Holding A/S
Edge Navigation AS
Fiona IV AS
Hafslund AS
Kongsberg Gruppen ASA
Shearwater Geoservices Holding AS
|
Lundin Energy Norway AS
Leikanger Kraft AS
Moreld AS
Sval Energi AS
|
Kristin Færøvik currently holds no ordinary
shares in the Company.
There are no further disclosures to made be
under Schedule 2(g) of the AIM Rules for Companies.
Notes to
editors:
Ashtead Technology is a leading subsea equipment
rental and solutions provider to the global offshore energy sector.
Ashtead Technology's specialist equipment, advanced-technologies
and support services enable its customers to understand the subsea
environment and manage offshore energy production
infrastructure.
Ashtead Technology's offering is applicable
across the lifecycle of offshore wind farms and offshore oil and
gas infrastructure with over 85% of its equipment fungible across
both markets.
Headquartered in the UK, Ashtead Technology
operates globally, servicing customers from its facilities located
in key offshore energy hubs.
To learn more, please visit www.ashtead-technology.com
This
announcement contains inside information as defined in Article 7 of
the retained EU law version of the Market Abuse Regulation No
596/2014 ("UK MAR") and has been announced in accordance with the
Company's obligations under Article 17 of UK MAR.
The person
responsible for arranging the release of this announcement on
behalf of Ashtead Technology is Ingrid Stewart, CFO /
Director.
