Management team bolstered
The acquisition will result in appointments to Greenpower’s board, with Ion’s Cameron McLean as proposed managing director and Alistair Williams as proposed non-executive director.
Greenpower chairman and executive director Gerard King will step down from his executive position and remain on the board as non-executive chairman.
Simon Peters will remain as non-executive director and Matthew Suttling will step down as a director and continue as company secretary and chief financial officer.
GPP Price at posting:
0.7¢ Sentiment: None Disclosure: Held