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Appointment of Non-Executive Director

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Kristin Færøvik appointed Non-Executive Director, bringing 30 years' energy sector experience.

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Ashtead Technology Holdings plc (AIM: AT.), a leading subsea equipment rental and solutions provider for the global offshore energy sector, is pleased to announce the appointment of Kristin Færøvik as Non-Executive Director effective immediately.

Kristin brings more than 30 years' experience in the global energy sector including executive roles with BP, Marathon Oil, Worley and Lundin Energy. Starting her Non-Executive Director career in 2011, Kristin currently serves on a number of Boards including Kongsberg Group and Shearwater Geoservices.

In addition to joining the Board, Ms Færøvik will also join the Audit, Remuneration and Nomination Committees.

Commenting on her appointment, Kristin Færøvik said:

"I am delighted to have the opportunity to join the board of Ashtead Technology, a company that has enjoyed incredible success over recent years. With an excellent customer base, clear ambitions and robust strategy, I am convinced that the future trajectory of the company will be just as impressive."

Bill Shannon, Chairman, added:

"The appointment of Kristin to our board is another positive step forward in our journey at Ashtead Technology. Kristin's extensive experience in the international energy sector combined with her proven non-executive track record will make her an excellent addition to our board. Ashtead Technology's growth journey continues to be extremely exciting and the addition of leaders like Kristin adds to our confidence for the future."

Deutsche Numis (Nomad and Broker) Julian Cater George Price Kevin Cruickshank (QE)Tel: +44 (0)20 7260 1000

In accordance with Schedule 2 (g) of the AIM Rules for Companies, Kristin Færøvik (aged 62 years) holds/has held the following directorships/partnerships in the last five years:

Current directorships/partnershipsPrevious directorships/partnerships (last five years)
Bluenord ASA Bunker Holding A/S Edge Navigation AS Fiona IV AS Hafslund AS Kongsberg Gruppen ASA Shearwater Geoservices Holding ASLundin Energy Norway AS Leikanger Kraft AS Moreld AS Sval Energi AS

Kristin Færøvik currently holds no ordinary shares in the Company.

There are no further disclosures to made be under Schedule 2(g) of the AIM Rules for Companies.

To learn more, please visit www.ashtead-technology.com

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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