eEnergy Group Announces Management Team Appointment

Source: www.gulfoilandgas.com 6/14/2021, Location: Europe

eEnergy Group plc (EAAS), a leading "Energy Efficiency-as-a-Service" (EEaaS) business in the UK and Ireland, is pleased to announce the appointment of Crispin Goldsmith to its Group Executive team as Chief Strategy & Commercial Officer (non-Board), primarily responsible for the Group's M&A strategy.

Crispin has over 20 years of experience in corporate finance and M&A. His previous roles include Director of Strategy and Corporate Development at Dixons Carphone, Investment Director at Duke Street, a leading UK private equity firm and Director at Royal Bank Equity Finance, the manager of the £1.1 billion RBS Special Opportunities Fund.

As part of Crispin's appointment to the management team, the Company has reallocated certain responsibilities and adjusted an award under its management incentive plan ("MIP"), the details of which were announced on 8 July 2020. The adjustment to the MIP will allow the Company to issue share options to the wider management team in due course, within the limits stated in the Company's Admission Document in January 2020.

As such, Ric Williams, Chief Financial Officer, has agreed to surrender all of his holding of Growth Share Awards. The Growth Shares can be exchanged for new ordinary shares of 0.3 pence each in the Company, subject to meeting performance conditions over a minimum time period. Ric retains his 4,084,960 EMI Share Options.

Harvey Sinclair, CEO of eEnergy, commented: "Crispin brings over 20 years of experience in sourcing and executing successful M&A transactions to the Group. I am very pleased to welcome him to the management team. Crispin joined us last year and was instrumental in the acquisition of Beond Group and the trade and assets of Measure My Energy. We continue to see exciting acquisition opportunities in energy management and energy efficiency as part of our 'buy and build' strategy. Bringing Crispin into the management team reflects our focus on the next step of our growth trajectory."


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