Environmental Recycling Tech. PLC Directorate Change (3040M)

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RNS Number : 3040M

Environmental Recycling Tech. PLC

19 January 2016

Environmental Recycling Technologies plc

Resignation of Director

Environmental Recycling Technologies plc ("ENRT") announces that Lee Clayton, Managing Director, has resigned as a director of the Company with immediate effect in order to enable him to negotiate a significant new licence on behalf of a potential US licencee. As it is expected this will require the establishment of a new company involving Mr Clayton, the board of ENRT has formed the view that Mr Clayton is conflicted and therefore has accepted his resignation.

Lee Clayton was initially appointed as a non-executive director in January 2012, subsequently becoming Chief Operating Officer with effect from 28 August 2012 and has been Managing Director from 31 July 2013.

The Company also announces that it is in discussions which, if completed successfully, would result in the acquisition of a business operating in a complementary sector.

For further information:

 
 Environmental Recycling          www.ertplc.com 
  Technologies plc 
 Michael Rowan, Chairman      Telephone: +44 (0) 
                                    845 071 1394 
 
 WH Ireland Limited 
 John Wakefield, Ed Allsopp   Telephone: +44 (0) 
                                    117 945 3470 
 
 Kreab Gavin Anderson 
 Robert Speed                 Telephone: +44 (0) 
                                    20 7074 1800

Notes to editors:

Environmental Recycling Technologies plc (ERT) is a leading developer of innovative technologies specifically focussing on plastic waste recycling. The company holds the worldwide intellectual property rights to the Powder Impression Moulding (PIM) Process.

For more information about Environmental Recycling Technologies plc please visit www.ertplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

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January 19, 2016 06:00 ET (11:00 GMT)

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