FULCRUM UTILITY SERVICES LIMITED
(“Fulcrum”, the “Company” or the “Group”)
Directorate Changes
Further to the Company's recent announcement regarding proposed changes to the Board of Directors, Fulcrum announces that Jonathan Turner and Jeremy Brade have been appointed as Non-Executive Directors of the Company with immediate effect.
Jeremy Brade is a partner at Harwood and has been investing in UK smaller companies for 19 years. He has deep experience of serving on the boards of private and listed companies and developing their strategies to enhance shareholder value for all shareholders. His career has spanned both public and private sectors.
Jonathan Turner is the owner and Chief Executive of The Bayford Group comprising a diverse number of entrepreneurial companies predominately in the energy and property sectors. With over 30 years' experience in downstream energy, Jonathan has led a variety of start-up businesses, management buy outs, mergers, acquisitions and disposals. The global move away from fossil fuels has led Jonathan into the supply of electricity, gas and electric vehicle charge points in the UK and Netherlands. Jonathan is a substantial shareholder in Fulcrum.
Further information is disclosed below pursuant to Schedule Two, paragraph (g) of the AIM Rules:
Jeremy James Brade, aged 59, is currently or has previously been a director of the following companies or partnerships within the past five years.