TIDMASHI

RNS Number : 4259J

Ashington Innovation PLC

16 August 2023

Press Release

16 August 2023

Ashington Innovation plc

("Ashington" or "the Company")

Board Change

Ashington Innovation PLC, a special purpose acquisition company ("SPAC") aiming to benefit from favourable price conditions for technology companies, announces that Jason Drummond has tendered his resignation to the Board due to his extensive existing business commitments and will step down with immediate effect.

Peter Presland, Chairman of Ashington, said: "I would like to sincerely thank Jason for his valuable contribution to the Board and we wish him well with all his current endeavours."

For further information please contact:

 
 Ashington Innovation plc 
 David Orchard                         via Tancredi +44 207 887 
  General Counsel                       7633 
                                      ------------------------- 
 SI Capital Ltd. 
                                      ------------------------- 
 Corporate Broker 
  Jon Levinson                         + 44 1483 413 500 
                                      ------------------------- 
 Tancredi Intelligent Communication 
  Media Relations 
                                      ------------------------- 
 Helen Humphrey 
  Charlie Hobbs                        + 44 7449 226 720 
  Jasmine Gadhavi                       +44 7897 557 112 
  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

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

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