Fulcrum Utility Services Limited ("the Company") today announces the departure of Chief Executive Martin Harrison who is stepping down with immediate effect. Chairman Phil Holder will assume day to day responsibility for the business pending the appointment of a replacement for Martin. The Board will commence a process to identify a successor and a further announcement will be made in due course.
Phil Holder, Chairman, said,
"I would like to thank Martin for his work with the Company over the past five years. The Board remains committed to helping the Company deliver its strategy, and is confident that the senior management team will continue to develop and build the business."
Information contained within this announcement was deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
Cenkos Securities plc (Nominated adviser and broker)
Max Hartley (Nomad) / Michael Johnson (Sales)
Camarco (Financial PR advisers)
Ginny Pulbrook / Tom Huddart
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Notes to Editors:
Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the mainland UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiaries, Fulcrum Pipelines Limited and Fulcrum Electricity Assets Limited, Fulcrum is also licensed as an Independent Gas Transporter and Independent Distribution Network Operator, owning and operating gas and electrical assets that connect properties to the main UK gas and electricity networks. Fulcrum is also a meter asset manager, owning and operating meter assets across mainland UK.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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