Appointment of Non-Executive Director
Adam Hainsworth appointed Non-Executive Director with effect from 14 March 2025.
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The Company is pleased to announce the appointment of Mr. Adam Hainsworth as a non- executive director of the Company with effect from 14 March 2025, the day following the Company's Annual General Meeting.
- Hainsworth is a longstanding and significant shareholder in the Company. He is a chartered accountant by training and has extensive commercial and transactional experience, having spent the majority of his career working for his family's textile business, AW Hainsworth & Sons Limited, in a variety of roles including as a commercial director.
Patrick Cheetham, Executive Chairman today said:
"We welcome Adam to the Board from the ranks of our long-term shareholders. Adam is results driven and will bring his commercial experience, a new perspective and impetus to the Board and I look forward to working with him to help commercialise our assets."
Adam Hainsworth added:
"I have been a long- term investor and recent financial backer of Sunrise Resources alongside the Chairman and other long- term shareholders and I believe strongly in the underlying value of the Company's assets. We have a fantastic portfolio. As a Board Member, I now look forward to helping convert those assets into lasting shareholder wealth. I feel confident and excited by this new challenge and am very ambitious for the Company."
The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Mr. Adam Wilson Hainsworth, aged 63:
| Current Directorships/Partnerships | Past Directorships/Partnerships (within 5 years) |
| Double A Properties Partnership LLP | AW Hainsworth & Sons Limited AW Hainsworth Holdings Limited AW Hainsworth Property Limited Spring Valley Trading Limited The Atkinson Dyeing Company Limited Forge Lane Partnership LLP Huddersfield & District Textile Training Company Limited Huddersfield Textile Training Limited |
- Hainsworth, through personal and family holdings, has an interest in 149,267,784 ordinary shares, representing 2.74% of the Company's issued Ordinary Share Capital along with 20,000,000 warrants to subscribe for Ordinary Shares at 0.075p per share.
- Hainsworth shall be paid an annual fee of £24,000 gross and the Company shall have the option to settle the liability to pay fees less any PAYE liability thereon by the issue of new ordinary shares in the Company at the closing mid-market price on the date prior to the date of issue.
Nominated Adviser
Shares in the Company trade on AIM. EPIC: "SRES".
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.