eEnergy Group Plc announced a board restructuring to reflect the simplified business and the Company's focus on its core energy services division going forward. Following completion of the Disposal and with repayment of the Bonds to FFIH Limited and Hawk Investment Holdings Limited, John Foley, Non-Executive Chair, who is a shareholder and director of FFIH is stepping down from the board, and Andrew Lawley, currently Non-Executive Director, has been appointed Non-Executive Chair, each with immediate effect. In addition, David Nicholl, Non-Executive Director, is stepping down from the board, effective immediately.

David will, however, remains as an adviser to the board given his experience and technology sector knowledge. The Company announced that John Hornby is joining the board as Non-Executive Director with immediate effect. John is Chief Executive Officer of Luceco plc which, following its strategic investment into the Company in November 2023, holds an interest in 9.96% of eEnergy's issued shares.

John originally joined Luceco in 1997 and led the management buyout of the company in 2000 as well as the secondary buyout with EPIC Investment Partners LLP (formerly EPIC Private Equity LLP) in 2005, in his capacity as CEO at that time. John began his career with Knox D'Arcy Management Consultants following his graduation from the University of Oxford where he obtained a degree in Economics.