Fulcrum Utility Services Ltd Directorate Change (6827K)
06 Gennaio 2021 - 8:00AM
UK Regulatory
TIDMFCRM
RNS Number : 6827K
Fulcrum Utility Services Ltd
06 January 2021
6 January 2021
FULCRUM UTILITY SERVICES LIMITED
("Fulcrum" or "the Group")
Directorate Changes
Fulcrum Utility Services Limited, a leading independent
multi-utility infrastructure and services provider focused on
delivering infrastructure for the UK's net-zero future, including
the EV charging network, announces that Daren Harris, Chief
Executive Officer, has today notified the Board that he is stepping
down from the Board with immediate effect. Terry Dugdale, who was
appointed to the Board as Chief Operating Officer in March 2019,
will become Chief Executive Officer with immediate effect.
Daren Harris commented:
The business is well placed with strong market drivers and a
robust balance sheet and its strategy is strongly positioned to
capitalise on the UK's journey to net zero. Unfortunately, due to
personal reasons, I need to step down from the business. I am
delighted that Terry Dugdale has accepted the Board's invitation to
step up to the role of Chief Executive Officer. Since joining the
business, Terry has driven our operating efficiency and has made
significant progress in preparing the business foundations for the
future.
Terry Dugdale, Chief Executive Officer, commented:
I am extremely pleased to be given the opportunity to lead
Fulcrum and deliver our growth strategy that supports the UK's
net-zero future. I would like to thank Daren for his leadership
over the last 12 months and also for his personal support since
joining the business in June 2019.
Jennifer Babington, Non Executive Chairman, commented:
I would like to thank Daren for his significant contribution to
leading the Group through a difficult period. We are delighted that
Terry has agreed to step up into the CEO role and we look forward
to driving the business forward together.
This announcement contains inside information.
Enquiries:
Fulcrum Utility Services Limited
Terry Dugdale, Chief Executive Officer +44 (0)114 280 4102
Jenny Cutler, Chief Financial Officer
Cenkos Securities plc (Nominated adviser and broker)
Max Hartley (Nomad) / Michael Johnson (Sales) +44 (0)20 7397
8900
N+1 Singer (Joint Corporate Broker)
Sandy Fraser / Rachel Hayes / Carlo Spingardi +44 (0)20 7496
3000
Notes to Editors:
Fulcrum is a multi-utility infrastructure and services provider.
The Group operates nationally with its head office in Sheffield, UK
and its main business is the design, build, ownership and
maintenance of energy connections and their related utility
infrastructure including the EV charging network. The Group's
offering also extends to smart meter ownership and exchange
programmes, and the selective ownership and maintenance of utility
networks and infrastructure.
https://investors.fulcrum.co.uk/
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END
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