Enteq Technologies
plc
("Enteq"
or the "Company")
Appointment of new Head of
Finance
and
Directorate
Change
Enteq Technologies plc (AIM: NTQ.L),
the specialist energy services engineering and technology company,
is pleased to announce the appointment of Amir Absoud as Head of
Finance, on a contractual arrangement, who will commence his role
on 24 May 2024, succeeding the current CFO Mark Ritchie.
Amir is a Fellow of the Institute of
Chartered Accountants in England and Wales and holds an Economics
Degree from the London School of Economics. Amir has experience
from PwC in London, working with companies quoted on AIM. Amir held
senior finance roles at oilfield and energy services companies in
the UK and internationally. Amir has over two decades of experience
working with small and large businesses to design, set up and
manage finance and tax functions, implementing systems and offering
strategic, commercial and tax advice.
Amir is the founder and director of
Upstreamly Ltd, a firm of Chartered Accountants focused on energy
companies, with offices in London and Aberdeen. Upstreamly will be
providing Enteq with accounting, tax, compliance and advisory
services, and with Amir's services as Head of Finance. As Head of
Finance, Amir will be an advisor and observer to the
Board.
Mark joined the Board in June 2023
and will remain with the Company as a Director until 31 May 2024
and as an employee until late June 2024 to ensure an orderly
handover of responsibilities.
Andrew Law, CEO of Enteq Technologies plc,
commented:
"I am pleased to welcome Amir to the
team; his experience in energy services and growing businesses is
directly relevant to Enteq's needs and coupled with his
entrepreneurial skill set, I believe he will deliver a positive
impact to Enteq. The additional support of Upstreamly will provide
a high quality, scalable and cost-effective solution to our
financial services function."
"On behalf of the Board, our
employees and shareholders I would also like to personally thank
Mark for his support. We wish him well in his future
endeavours."
For further information, please
contact:
Enteq Technologies
plc
+44 (0)20 8087 2202
www.enteq.com
Andrew Law, Chief Executive
Officer
Mark Ritchie, Chief Financial
Officer
Cavendish Capital Markets Limited
(NOMAD and Broker) +44 (0)20 7220 0500
Ed Frisby, George Lawson (Corporate
Finance)
Andrew Burdis (ECM)