Global Invacom Group Limited Director and Management Changes
01 July 2021 - 04:00PM
UK Regulatory (RNS & others)
TIDMGINV
RNS Number : 7484D
Global Invacom Group Limited
01 July 2021
Global Invacom Group Limited
("Global Invacom", the "Company" or the "Group")
Director and Management Changes
Singapore/London, 1 July 2021 - Global Invacom (SGX: QS9) (AIM:
GINV), the global provider of satellite communications equipment
and electronics, announces that Mr Malcolm Burrell has stepped down
as Executive Director and Chief Technical Officer of the Group, as
part of his retirement plan, with immediate effect but will retain
the role of Chief Risk Officer.
Global Invacom is pleased to announce the appointment of Mr
Gordon Blaikie as an Executive Director of the Company, with
immediate effect. Mr Blaikie joined Global Invacom in July 2012 and
is currently the Chief Operating Officer, responsible for the
manufacturing entities and sales functions of the Group. He has
experience working closely with the Board and senior management
team to strategise, streamline and improve the Group's operating
performance. Following today's announcement, Mr Blaikie will be an
Executive Director of the Company and the Chief Operating Officer
of the Group.
Furthermore, the Company announces the appointment of Mr Derek
Grice as the Chief Technical Officer of the Group, a non-board
appointment. Mr Grice joined Global Invacom in September 2020 as
EMEA Engineering Director and brings over 35 years of satellite
product development experience to the Group. With his appointment
as the Chief Technical Officer of the Group, he is responsible for
the continuous development of new technologies and products for
current and future market opportunities being addressed by the
Company, communicate with the stakeholders on technology advances
and changes, and provide guidance and information leading to the
strategic direction of the business.
Mr Anthony Taylor, CEO and Executive Chairman of Global Invacom,
said:
"We very much look forward to working with Mr Blaikie and Mr
Grice in their new positions to further drive Global Invacom's
position in the satellite communications market. The Board would
also like to express their appreciation to Mr Burrell for his
contribution to the Group since 1997 and is pleased to have Mr
Burrell continue acting as the Chief Risk Officer of the Group, to
oversee the risk and sustainability management of the Group."
The information pursuant to Rule 704(7)(a) of the Listing Manual
of the Singapore Exchange Securities Trading Limited ("SGX-ST") in
relation to the above changes are released as separate
announcements to the SGXNet today.
Additional Information
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies.
Mr Gordon Blaikie (aged 55) has held the following directorships
or partnerships in the past five years.
Current Directorships/Partnerships Past Directorships/Partnerships
within the last 5 years
Global Invacom (Shanghai) Co Ltd Radiance Electronics (Shenzhen)
Co Ltd
--------------------------------
Global Invacom Manufacturing (Shanghai) Raven Group Limited
Co Ltd
--------------------------------
Global Invacom Manufacturing (UK) Raven UK Holdings Limited
Limited
--------------------------------
OnePath Networks Inc
--------------------------------
OnePath Networks Limited
--------------------------------
PT Global Invacom Indonesia
--------------------------------
Raven Antenna Systems Inc
--------------------------------
Satellite Acquisition Corporation
--------------------------------
The Waveguide Solution L td
--------------------------------
Mr Blaikie holds options over 2,194,000 ordinary shares in the
Company.
Save as set out above there are no further disclosures pursuant
to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for
Companies in respect of the appointment of Mr Gordon Blaikie.
For further information, please contact:
Global Invacom Group Limited www.globalinvacom.com
Tony Taylor, Executive Chairman via Vigo Consulting
Strand Hanson Limited (Nominated Adviser www.strandhanson.co.uk
and Broker)
James Harris / Rob Patrick Tel: +44 20 7409 3494
Vigo Consulting (Media & Investor www.vigocomms.com
Relations)
Jeremy Garcia / Fiona Hetherington Tel: +44 20 7390 0233
ginv@vigoconsulting.com
About Global Invacom Group Limited
Global Invacom is a fully integrated satellite equipment
provider with sites across Singapore, China, Indonesia,
Philippines, Malaysia, Israel, UK and the US. Its customers include
satellite broadcasters such as Sky Group of the UK and Dish Network
of the USA and Data over Satellite providers including Hughes
Network Systems, Viasat and Gilat Satellite Networks.
Global Invacom provides a full range of satellite ground
equipment including antennas, LNB receivers, transceivers, fibre
distribution equipment, transmitters, switches, and video
distribution components, as well as manufacturing services for the
defence and healthcare sectors. The Group is the world's only
full--service outdoor unit supplier.
Global Invacom is listed on the Mainboard of the Singapore
Exchange Securities Trading Limited and its shares are admitted to
trading on the AIM Market of the London Stock Exchange.
For more information, please refer to www.globalinvacom.com
.
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