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i(x) Net Zero PLC
("i(x) Net Zero" or the "Company")
Directorate Change
i(x) Net Zero PLC (AIM: IX.), the investing company which focuses on Energy Transition and Sustainability in the Built Environment, announces the appointment of Pär Lindström, the Company's Chief Investment Officer, as its Chief Executive Officer, replacing Steve Oyer, who has stepped down from the Board, with immediate effect. Pär will continue in his role as Chief Investment Officer of the Company.
Pär Lindström, who co-founded the Company in 2015, has over 25 years' investment experience, M&A experience and business development expertise through a career focused on venture capital, growth capital and private equity investments in the U.S., Europe and the emerging markets.
Nick Hurd, Non-Executive Chair of i(x) Net Zero, said:
"The Board remains confident in the Company's market opportunity given growing global momentum in the transition to net zero. Pär brings decades of investment and M&A experience to the CEO role, which will be invaluable as the Company looks to take advantage of opportunities in current markets. We welcome him to his new role.
We wish to thank Steve for his service over the last five years and his contribution in helping to steer the Company's IPO on AIM last year."
Pär Lindström, the Company's Chief Executive Officer, said: "It is an honour to take on the role of CEO and I look forward to working with the Board to maximise the impact of our current investments, expand the portfolio and support the drive towards a net zero future."
- Ends -
For further information visit https://ixnetzero.com/ or contact:
| i(x) Net Zero | Via Buchanan below |
| Pär Lindström - Chief Executive Officer |
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| Dmitri Tsvetkov - Chief Financial Officer |
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| H & P Advisory Limited Financial Adviser & Joint Broker | +44 20 7907 8500 |
| Neil Passmore |
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| Ernest Bell |
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| Andy Crispin (Sales) |
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| Shore Capital Nominated Adviser & Joint Broker | +44 20 7408 4050 |
| Tom Griffiths | |
| David Coaten Iain Sexton | |
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| Buchanan | |
| Helen Tarbet | +44 7872 604 453 |
| Simon Compton | +44 7979 497 324 |
| Abby Gilchrist | +44 7557 952 223 |
Notes to Editors
About i(x) Net Zero PLC
i(x) Net Zero PLC is an AIM quoted investing company that provides its shareholders the opportunity to create long-term capital growth with positive, scalable, measurable and sustainable impact on the environment and on the communities it serves.
In accordance with its belief that the world's biggest problems are also the biggest market opportunities, i(x) Net Zero focuses on two critical areas in which it aims to make a positive impact: (i) Energy Transition and (ii) Sustainability in the Built Environment. The Company uses a multi-strategy investment approach, providing the companies in which it invests with the expertise and catalytic capital to help them grow. To date, i(x) Net Zero has invested in biofuels, direct air capture (carbon removal), renewable energy, sustainable workforce housing and net zero construction technology.
i(x) Net Zero is a signatory to the UN Principles for Responsible Investing. The Company has received the London Stock Exchange's Green Economy Mark.
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