Equipmake Holdings PLC - Norfolk, England-based manufacturer and developer of electrification products for use across the automotive, aerospace, bus, coach and fire truck industries, while H55 is an electric aerospace propulsion company - Appoints Sensata Technologies Inc's Nicholas Moelder as its new chief operating officer, following James Bishop's exit. Moelder will take over as COO and executive director with immediate effect.

Chief Executive Officer Ian Foley says: "Nick brings with him over two decades of experience in the sector and importantly, given his expertise and global network, including within our key market in the U.S., he will provide access to substantial and rapidly growing North American electrification markets. Furthermore, his presence as an executive director on the board is intended to provide further high-level support and strategic insights as Equipmake continues to deliver on its ambitious growth strategy."

Current stock price: 8.00 pence

12-month change: up 78%

By Holly Beveridge, Alliance News reporter

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