2nd Sep 2019 15:25
(Alliance News) - Ilika PLC on Monday said Non-Executive Director Clare Spottiswoode will be retiring on September 30.
Spottiswoode was appointed to the battery technology firm's board in May 2010 and her position as audit committee chair will be assumed by fellow Non-Executive Director Jeremy Millard.
Ilika said Spottiswoode's departure is "in line with the company's best practice governance guidelines" and did not state whether or not it will be hiring a new board member to replace her.
The company will be holding its annual general meeting on September 26.
Shares in Ilika were up 1.2% at 20.75 pence in London on Monday afternoon.
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Ilika Plc