Directorate Change
August 04 2010 - 3:00AM
UK Regulatory
TIDMCAP
RNS Number : 5002Q
Clean Air Power Limited
04 August 2010
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| For Release 8.00 a.m. | 4 August 2010 |
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Clean Air Power Limited
("Clean Air Power" or "the Company")
Resignation of Non-Executive Director
Clean Air Power (AIM: CAP), the developer of Dual-Fuel combustion technology
that enables heavy-duty diesel engines to operate on a combination of diesel and
natural gas, announces the resignation of Hans Folkesson as Non-Executive
Director of the Company with immediate effect, to pursue his other business
interests, related to small electric vehicles, on a full-time basis.
The Company expects to announce the appointment of a Non-Executive Director as
replacement for Mr. Folkesson shortly.
Rodney Westhead, Chairman of Clean Air Power Limited, stated:
"Hans Folkesson joined the Board of Clean Air Power in 2006 and his industry
knowledge has been invaluable to the development of the Company. I would like to
thank him for his contribution during his time as Non-Executive Director and am
very pleased to confirm that he has agreed to continue to act as a consultant to
the Company."
For further information contact:
Clean Air Power Ltd 01772 624499
John Pettitt
Peter Rowse
Buchanan Communications 020 7466 5000
Charles Ryland
Ben Romney
Charles Stanley Securities 020 7149 6000
(Nominated Adviser and Broker)
Russell Cook
Carl Holmes
Notes to Editors
About Clean Air Power
Clean Air Power is the developer and provider of Dual-Fuel combustion technology
for heavy duty diesel engines. Dual-Fuel engines substantially cut fuel costs
and carbon emissions without sacrificing the original engine's characteristic
efficiency or reliability. Clean Air Power is well positioned to assist
corporations and governments to deliver on their environmental commitments while
at the same time reducing transport operators overheads.
Initially founded in the USA in 1991, around GBP40m has been invested in the
company to develop the technology with the result that 62 patents are currently
held or pending. The holding company of the Group is based in Bermuda with
operational subsidiaries in the UK, the USA and Australia. The Group was
admitted to the AIM market of the London Stock Exchange in February 2006.
Further information on Clean Air Power is available at www.cleanairpower.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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