TIDMQBIT
RNS Number : 4025W
Quantum Exponential Group PLC
12 December 2023
12 December 2023
Quantum Exponential Group plc
(the 'Company' or 'Quantum Exponential')
Director Appointment
Quantum Exponential Group plc (AQSE: QBIT), a company focused on
investing in quantum technology, is pleased to announce that Stuart
Woods has been appointed as a director of the Company with
immediate effect.
Mr. Woods has over three decades of experience and has led a
number of technology companies ranging from startups to publicly
traded, multi-million-pound businesses. His diverse portfolio
comprises eleven disruptive technologies and includes five
acquisitions. He has built, raised funds for and managed these
companies by mapping their specific needs and strengths while
building their teams.
Stuart's operational, technical, and managerial experience spans
both size and sector and led him most recently into cryogenics for
quantum computing, where he was managing director of Oxford
Instruments NanoScience ("OIN"), part of London Stock
Exchange-listed Oxford Instruments Plc, currently capitalised at
c.GBP1.1 billion.
At OIN, he led a team at the forefront of the development and
commercialisation of quantum computing globally, creating high
performance, industrial cryogenic environments for ultra-low
temperature and high magnetic field applications in physics and
materials science down to the atomic. Stuart was also a member of
the Management Board of Oxford Instruments plc and played a key
role in the delivery of the company's environmental strategy,
focused on minimising the environmental footprint of its
operations, products, and services.
Stuart is currently a Business Strategy Officer on the board of
The Quantum Insider, a leading provider of media and market
intelligence on the quantum technology industry helping clients
across the world understand and thrive in complex, fast-growing
markets. Stuart supports The Quantum Insider on its commercial
strategy which includes expanding its business verticals and
advising on its product growth plans.
Stuart has been Chief Operating and Strategy Officer at Quantum
Exponential since January 2023.
Stuart Woods currently has no interest in the issued share
capital of the company.
Current Directorships Former Directorships and/or
partnerships (within the last
five years)
Quantum Exponential ApS Oxford Instruments Plc
Geosoft Srl (Italy)
Technet-rail 2010 GmbH (Germany)
----------------------------------
Except as set out above, there is no further information
regarding Stuart Woods that is required to be disclosed pursuant to
Rule 4.9 of the AQSE Growth Market Access Rulebook.
Steven Metcalfe, CEO of Quantum Exponential, commented:
"'I am delighted to welcome Stuart to the Board as we continue
our work to establish the UK as a global leader in the quantum
ecosystem and Quantum Exponential as a key player within it.'"
Stuart Woods, COO and CSO of Quantum Exponential, commented:
'I am so pleased to not only join Quantum Exponential's board
but to do so from the unique position of having been the company's
chief operating and strategy officer for the last 11 months. Our
unified commitment to identifying opportunities for our
shareholders has already yielded great success, and I look forward
to continuing to work alongside QE's high-calibre team both in my
current role and in a governance capacity on the Board.'
This announcement contains information that, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended).
The Directors take responsibility for this announcement.
**ENDS**
For more information, visit the Company's website:
www.quantumexp.co.uk or contact:
Steven Metcalfe, Chief Executive Officer c/o quantum@stbridespartners.co.uk
Novum Securities (AQSE Corporate Adviser) Tel: +44 (0)20 7399 9400
David Coffman, George Duxberry
VSA Capital (AQSE Corporate Broker) Tel: +44 (0)203 005 5000
Peter Mattsson, Simon Barton
St Brides Partners Limited (Financial PR) quantum@stbridespartners.co.uk
Catherine Leftley, Ana Ribeiro, Isabelle Morris
About Quantum Exponential Group plc
Quantum Exponential is a first of its kind, AQSE Growth Market
Enterprise Company, focused on opportunities in quantum technology
and the wider quantum computing sector, with an advisory board made
up of industry advisors, entrepreneurs, and technology investment
professionals with broad access to quantum opportunities and
markets. Quantum Exponential's investment strategy is to assemble a
portfolio of minority investments in early-stage global quantum
technology companies, primarily in NATO allied countries, offering
institutional and private investors access to revolutionising
technologies and industries in the realms of artificial
intelligence, manufacturing and healthcare.
Quantum Exponential trades on Aquis Growth Market under the
ticker symbol "QBIT".
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END
NEXEAPAFFEKDFFA
(END) Dow Jones Newswires
December 12, 2023 02:00 ET (07:00 GMT)
Quantum Exponential (AQSE:QBIT)
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Quantum Exponential (AQSE:QBIT)
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から 5 2023 まで 5 2024