Press Release
16 October 2023
Ashington Innovation plc
("Ashington" or "the Company")
Appointment of Non-Executive Director
Ashington Innovation plc (LSE: ASHI; FSE: 6FW), a special purpose acquisition company, is pleased to announce the appointment of Grant Duthie as non-executive director with immediate effect.
Mr Duthie is a Partner at corporate law firm Garfinkle Biderman LLP in Toronto, Canada, where his work focuses on securities, corporate finance, and mergers and acquisitions. He has developed significant legal expertise from providing specialist advice to clients across life sciences, financial services, natural resources and blockchain technologies, and has a wide range of corporate experience from representing private and publicly traded companies, underwriters and dealers in private and public offerings of debt and equity securities.
Jason Smart, Founder of Ashington, commented: "On behalf of the Board it gives me great pleasure to welcome Grant as our newest non-executive director. Grant's sterling track record in corporate finance, securities, and mergers and acquisitions, paired with his multifaceted expertise across various industry sectors, is a testament to the value he will bring to our board. His appointment not only strengthens our team but also enhances our strategic capabilities at a pivotal moment in Ashington's journey."
For further information please contact:
| Ashington Innovation plc | |
| David Orchard General Counsel | via Tancredi +44 207 887 7633 |
| Tancredi Intelligent Communication Media Relations | |
| Helen Humphrey Charlie Hobbs Neha Dhakal Jasmine Gadhavi ashington@tancredigroup.com | +44 7449 226 720 +44 7897 557 112 +44 7915 035 294 +44 7931 435 236 |
About Ashington Innovation plc
Ashington Innovation plc is a special purpose acquisition company (SPAC), formed with the intention of acquiring businesses operating in the technology sector.
The Company believes that in the increasingly fast-changing global environment there will be an abundance of opportunities to acquire existing businesses in the technology sector, and in particular businesses that possess and utilise proprietary technologies and own applicable intellectual property.
The Company is not limited to any specific geographic region in identifying its target companies.
www.ashingtoninnovationplc.com
Listing Rules Disclosures
Ashington hereby makes the following disclosures in respect of Grant Duthie's former and current directorships and external roles:
| Company Name | Position | Term |
| Public Issuers | ||
| Maritime Launch Services Inc. (formerly, Jaguar Financial Corporation)
| Officer- Corporate Secretary | July 2020 to April 2022 |
| Jones Soda Co. (formerly, Pinestar Gold Inc.)
| Officer - Corporate Secretary | November 2021 to February 2022 |
| 1319743 B.C. Ltd
| Director | October 2021 to December 2021 |
| 1319741 B.C. Ltd.
| Director | October 2021 to December 2021 |
| 1319651 B.C. Ltd.
| Director | October 2021 to December 2021 |
| 1319472 B.C. Ltd. | Director | October 2021 to December 2021 |
| 1319738 B.C. Ltd. | Director | October 2021 to December 2021 |
| 1319735 B.C. Ltd. | Director | October 2021 to December 2021 |
| 1319732 B.C. Ltd. | Director | October 2021 to December 2021 |
| SuperBuzz Inc. (formerly, Cross Border Capital I Inc.) | Secretary | 2022 |
| Private Issuers | ||
| 2657456 Ontario Inc. | Director | 2021 to Present |
| Grant Duthie Professional Corporation | Director | 2022 to Present |
Were Rule 9.6.13R of the Listing Rules of the UK Financial Conduct Authority to apply to the Company, there would be no further information to disclose.
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