4 March 2025
Pod Point Group Holdings
PLC
("Pod Point" or "the Company")
Directorate and Committee
Change
Pod Point, one of
the UK's market leading providers
of Electric Vehicle ("EV") charging solutions in the UK,
announces a Directorate change and
dissolution of its Technology Committee (the
"Committee").
Norma Dove-Edwin and Erika Schraner,
independent Non-Executive Directors, have notified the Board of
their intention not to seek re-election at Pod Point's forthcoming
AGM on 5th June 2025, to enable them to pursue other
opportunities that align with their current professional goals and
other commitments.
In line with the Company's evolution
and strategic direction at this stage of its development, the Board
has determined that a more streamlined governance structure will
enhance its agility and decision-making effectiveness and has
decided not to reappoint new independent Non-Executive Directors at
this time. The composition of the Board will continue to be
compliant with the UK Corporate Governance Code.
The Technology Committee was
established last year to strengthen the Group's technology strategy
during a period of leadership transition. Having successfully
achieved its objectives, including the recruitment of the Chief
Information Officer and Chief Product & Technology Officer
positions and with the strengthening of the senior executive team,
the Board is now confident that technology governance can be
effectively integrated into the core Board activities.
Andy Palmer, Pod Point Chair, "Both Norma and Erika have served on the Board since our IPO
in 2021 and I would like to thank them for the significant
contribution they have made to the Board and Company and wish them
well for the future. I would also like to thank them both for
their contribution to the Technology Committee. The new
streamlined Board are looking forward to working with the Executive
to drive Pod Point forward in an agile and dynamic way."
Enquiries
|
Teneo
(Public Relations advisor to Pod Point)
|
+44 207 353 4200
podpoint@teneo.com
|
|
Matt Low, Arthur Rogers
|
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About Pod Point
Pod Point was founded in 2009.
Driven by a belief that driving shouldn't cost the earth, Pod Point
is building the infrastructure needed to enable the mass adoption
of electric vehicles and to make living with an EV easy and
affordable for everyone. As at 30 June 2024, the company has an
installed base of more than 250,000 communicating charge points on
its network in the UK and is an official charge point supplier for
major car brands.
Pod Point works with a broad range
of organisations and customers to offer home and commercial
charging solutions.
Pod Point is admitted to trading on
the London Stock Exchange under the ticker symbol
"PODP."
