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EGT

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NEUTRAL

European Green Transition Appoints New Chairman

Why we think this is neutral

This RNS announcement is a general board change update, which does not contain any of the mandatory news types required for a more detailed analysis. The appointment of a new non-executive chairman is a routine corporate action that does not significantly impact the company's operations or financial performance.

Key Points

  • Cathal Friel appointed as non-executive Chairman
  • Friel has extensive experience in growing public companies through M&A
  • EGT to focus on acquiring revenue-generating green economy businesses

Summary

The green economy asset company has appointed a new non-executive chairman with extensive experience in growing public companies through M&A.

European Green Transition plc (EGT) has announced the appointment of Cathal Friel as non-executive Chairman with immediate effect. Cathal Friel is a seasoned serial entrepreneur with over 20 years' experience in corporate finance and M&A. He was previously Chair of hVIVO plc and co-founded Amryt Pharma plc. Cathal co-founded EGT in 2021 and has been critical in shaping the company's strategy to focus on acquiring revenue-generating businesses in the green economy space.

GENERAL UPDATE