28th Aug 2019 15:45
(Alliance News) - EQTEC PLC on Wednesday said Commercial Director David Palumbo and Chief Technical Director Yoel Aleman Mendez will join the company's board as executive directors with immediate effect.
Palumbo and Mendez were appointed to their respective management roles in June and they will continue to fulfil these alongside their board responsibilities.
"I am very pleased to welcome David and Yoel to the company's board. Since starting their senior management roles at the end of June they have already provided a valuable contribution to the company. I look forward to working with them as we seek to accelerate progress with our significant pipeline of projects and opportunities across the UK, Europe and US," said Non-Executive Chair Ian Pearson.
EQTEC also said it has appointed SI Capital as sole broker with immediate effect.
London-listed shares in EQTEC were down 6.2% at 0.20 pence each on Wednesday afternoon.
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