TPS Turbo Power

TIDMTPS

RNS Number : 1249C

Turbo Power Systems Inc

24 June 2016

Turbo Power Systems Inc

("TPS" or the "Company")

Board Changes

TPS, the innovative high-speed electrical machines and power electronic systems provider, announces that Mr Alexandre Aigner, Non-Executive Director of the Company and appointed representative of TAO Sustainable Power Solutions (UK) Limited ("TAO"), has resigned from his role with immediate effect, after having resigned from his last position within the Vale SA group, the ultimate parent company of TAO, the Company's majority shareholder.

The Board intends to appoint a replacement director and further announcements will be made in due course.

For further information, please contact:

 
 Turbo Power Systems                    Tel: +44 (0)191 
  Carlos Neves, Chief Executive          482 9200 
  Officer 
  Charles Rendell, Chief Financial 
  Officer 
 
 finnCap (NOMAD, broker and financial   Tel: +44 (0)20 
  advisor)                               7220 0500 
  Ed Frisby, Emily Watts 
 
 Kreab (financial public relations)     Tel: +44 (0)20 
  Robert Speed                           7074 1800 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 24, 2016 04:07 ET (08:07 GMT)

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