GETECH Group (GTC)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE AIM All-Share

9.25p
   
  • Change Today:
      0.13p
  • 52 Week High: 15.75
  • 52 Week Low: 5.10
  • Currency: UK Pounds
  • Shares Issued: 67.47m
  • Volume: 54,240
  • Market Cap: £6.24m
  • RiskGrade: 906

Getech appoints Richard Bennett as new chair

By Josh White

Date: Thursday 28 Jan 2021

LONDON (ShareCast) - (Sharecast News) - Energy data and software company Getech announced on Thursday that, following an external recruitment process, Richard Bennett would join its board as non-executive director and chairman-designate, with immediate effect.
The AIM-traded firm said that after a handover period he would assume the chairmanship, at which point current chairman Dr Stuart Paton would leave the board.

It said Bennett had "extensive" business and listed company experience over a career spanning 30 years.

During that time, he worked for General Electric in Asia and the United States and co-founded and listed on Nasdaq the internet telecoms company J2Global.

He worked in executive, chairman and non-executive roles with a series of successful growth-focussed technology and clean energy companies, including the AIM-quoted wireless technology company, MTI Wireless Edge.

Getech said Bennett's appointment was the first step in a broader board transition process, which would align its non-executive expertise with its strategy of leveraging skills and technologies to support the energy transition.

With further non-executive appointments expected in the coming months, to maintain the size of its board and taking into account the tenure of current non-executive directors, Peter Stephens would step down from the board with immediate effect, the directors added.

"As we extend Getech's offering in the clean technology space and target ambitious growth, we are engaged in a process to develop the company's board and management team to ensure that Getech has the necessary skills to support our current customers and attract new ones," said chief executive officer Jonathan Copus.

"The addition of Richard's extensive City experience and his strong track record in growing technology, renewable fuel and agricultural companies is an important first step in this ongoing process."

At 1552 GMT, shares in Getech Group were up 11.17% at 33.35p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GETECH Group Market Data

Currency UK Pounds
Share Price 9.25p
Change Today 0.13p
% Change 1.37 %
52 Week High 15.75
52 Week Low 5.10
Volume 54,240
Shares Issued 67.47m
Market Cap £6.24m
RiskGrade 906

GETECH Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
21.66% below the market average21.66% below the market average21.66% below the market average21.66% below the market average21.66% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Income Not Available
Growth
5.19% below the market average5.19% below the market average5.19% below the market average5.19% below the market average5.19% below the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average

GETECH Group Dividends

  Latest Previous
  Final Interim
Ex-Div 19-Nov-15 02-Apr-15
Paid 17-Dec-15 01-May-15
Amount 1.74p 0.46p

Trades for 03-May-2024

Time Volume / Share Price
16:14 13,000 @ 8.77p
15:16 2,090 @ 9.28p
11:15 14,150 @ 8.78p
11:15 25,000 @ 8.78p

GETECH Group Key Personnel

CFO Andrew Liam Darbyshire
COO Christopher Paul Jepps
CEO Richard Bennet
Chair Michael Covington

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