24th Jun 2016 09:07
Turbo Power Systems Inc
("TPS" or the "Company")
Board Changes
TPS, the innovative high-speed electrical machines and power electronic systems provider, announces that Mr Alexandre Aigner, Non-Executive Director of the Company and appointed representative of TAO Sustainable Power Solutions (UK) Limited ("TAO"), has resigned from his role with immediate effect, after having resigned from his last position within the Vale SA group, the ultimate parent company of TAO, the Company's majority shareholder.
The Board intends to appoint a replacement director and further announcements will be made in due course.
For further information, please contact:
Turbo Power Systems Carlos Neves, Chief Executive Officer Charles Rendell, Chief Financial Officer | Tel: +44 (0)191 482 9200 |
finnCap (NOMAD, broker and financial advisor) Ed Frisby, Emily Watts | Tel: +44 (0)20 7220 0500 |
Kreab (financial public relations) Robert Speed | Tel: +44 (0)20 7074 1800 |
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