Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market and other high-performance manufacturers, announces that Chris Williams will step down from his position as Group Finance Director and will leave the Company at the end of December 2022, to pursue other business and personal interests.

The Company will commence a process to identify and appoint a new Group Finance Director shortly and further announcements will be made, as appropriate. Mr Williams remains committed to the Group until his departure and will provide an orderly handover to the Company’s new Group Finance Director.

Enquiries:

Velocity Composites - +44 (0) 1282 577577
Andy Beaden, Chairman
Jon Bridges, Chief Executive Officer
Chris Williams, Finance Director

Cenkos (Nominated Adviser and Broker) - +44 (0)20 7397 8900
Ben Jeynes
Katy Birkin

SEC Newgate (Financial PR) - +44 (0)7540 106 366
Robin Tozer / Richard Bicknell
velocitycomposites@secnewgate.co.uk