view21st Century Technology PLC

21st Century Technology drops as boardroom sees further changes


Shares in vehicle technology firm 21st Century Technology (LON:C21) lost ground on Friday as it unveiled further changes in the boardroom.

Jan Holmstrom, former non-exec chairman, is stepping down from the board immediately.

The current acting finance director, Mark Elliott, will be executive chairman to work closely alongside the chief executive officer, while a new chief executive is sought.

Elliot said today: "It is with regret that Jan has informed the board that he is not able to commit sufficient time to an executive role in view of his other engagements.

"Accordingly, he has resigned with our gratitude for his contribution during the past three years.

"During this time, the company has established itself as a leading supplier of CCTV to the transportation market, realised its freehold property and subsequently made a significant capital repayment to shareholders, and instigated a dividend policy."

Yesterday, the firm announced the appointment of Jamie Cumming as a non-executive director with immediate effect, replacing David Voss, who retired from the position.

Shares dipped 3.92% to 6.125p.

Quick facts: 21st Century Technology PLC

Price: 3.8 GBX

Market: AIM
Market Cap: £3.54 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Cellmid makes key retail collaborations and continues to kick strategic goals

Cellmid Limited (ASX:CDY) chief executive officer and managing director Maria Halasz updates Proactive on a number of recent key announcements, including a new collaboration with a major retail chain in Europe, a new agreement to sell Evolis in 400 Priceline pharmacies and signing up with the...

24 minutes ago

2 min read