TIDMASHI

RNS Number : 1269Q

Ashington Innovation PLC

16 October 2023

Press Release

16 October 2023

Ashington Innovation plc

("Ashington" or "the Company")

Appointment of Non-Executive Director

Ashington Innovation plc (LSE: ASHI; FSE: 6FW), a special purpose acquisition company, is pleased to announce the appointment of Grant Duthie as non-executive director with immediate effect.

Mr Duthie is a Partner at corporate law firm Garfinkle Biderman LLP in Toronto, Canada, where his work focuses on securities, corporate finance, and mergers and acquisitions. He has developed significant legal expertise from providing specialist advice to clients across life sciences, financial services, natural resources and blockchain technologies, and has a wide range of corporate experience from representing private and publicly traded companies, underwriters and dealers in private and public offerings of debt and equity securities.

Jason Smart, Founder of Ashington, commented: "On behalf of the Board it gives me great pleasure to welcome Grant as our newest non-executive director. Grant's sterling track record in corporate finance, securities, and mergers and acquisitions, paired with his multifaceted expertise across various industry sectors, is a testament to the value he will bring to our board. His appointment not only strengthens our team but also enhances our strategic capabilities at a pivotal moment in Ashington's journey."

For further information please contact:

 
 Ashington Innovation plc 
 David Orchard                         via Tancredi +44 207 887 
  General Counsel                       7633 
                                      ------------------------- 
 Tancredi Intelligent Communication 
  Media Relations 
                                      ------------------------- 
 Helen Humphrey 
  Charlie Hobbs                        + 44 7449 226 720 
  Neha Dhakal                           +44 7897 557 112 
  Jasmine Gadhavi                       +44 7915 035 294 
  ashington@tancredigroup.com           +44 7931 435 236 
                                      ------------------------- 
 

About Ashington Innovation plc

Ashington Innovation plc is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.

The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.

The Company is not limited to any specific geographic region in identifying its target companies.

www.ashingtoninnovationplc.com

Listing Rules Disclosures

Ashington hereby makes the following disclosures in respect of Grant Duthie's former and current directorships and external roles:

 
 Company Name                Position              Term 
                               Public Issuers 
 Maritime Launch             Officer- Corporate    July 2020 to April 2022 
  Services Inc. (formerly,    Secretary 
  Jaguar Financial 
  Corporation) 
                            --------------------  -------------------------- 
 Jones Soda Co.              Officer - Corporate   November 2021 to February 
  (formerly, Pinestar         Secretary             2022 
  Gold Inc.) 
                            --------------------  -------------------------- 
 1319743 B.C. Ltd            Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 1319741 B.C. Ltd.           Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 1319651 B.C. Ltd.           Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 1319472 B.C. Ltd.           Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 1319738 B.C. Ltd.           Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 1319735 B.C. Ltd.           Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 1319732 B.C. Ltd.           Director              October 2021 to December 
                                                    2021 
                            --------------------  -------------------------- 
 SuperBuzz Inc.              Secretary             2022 
  (formerly, Cross 
  Border Capital 
  I Inc.) 
                            --------------------  -------------------------- 
                               Private Issuers 
 2657456 Ontario             Director              2021 to Present 
  Inc. 
                            --------------------  -------------------------- 
 Grant Duthie Professional   Director              2022 to Present 
  Corporation 
                            --------------------  -------------------------- 
 

Were Rule 9.6.13R of the Listing Rules of the UK Financial Conduct Authority to apply to the Company, there would be no further information to disclose.

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END

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October 16, 2023 02:00 ET (06:00 GMT)

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