24th Sep 2019 17:19
(Alliance News) - Sabien Technology Group PLC on Tuesday said it has appointed two new non-executive directors under its relationship agreement with Truell Intergenerational Family Ltd Partnership Inc.
Shares in energy efficiency technology firm Sabien closed up 6.7% at 0.16 pence in London.
Cedriane de Boucaud Truell and Marco Nijhof were nominated by Truell under the relationship and lock-in agreement between the two firms, which gave Truell the right to make two board appointments. Both appointments are effective immediately.
Sabien Chair Richard Parris said: "The appointments of Cedriane and Marco are key to the next stage of Sabien's development as a public company. They both bring significant operational, commercial and corporate finance expertise to the Sabien board and their assistance and support are important to the company's future prospects."
By Anna Farley; [email protected]
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