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Getech Group plc ( (GB:GTC) ) has issued an update.
Getech Group PLC has announced a leadership transition with Richard Bennett stepping down as CEO to focus on renewable energy interests. Chris Jepps, the current COO, is appointed Interim CEO, supported by Max Brouwers, who is proposed to join the board as an executive director. Under Bennett’s leadership, Getech diversified beyond its core oil and gas sector, enhancing its focus on resources vital for the energy transition. The leadership remains committed to executing strategic priorities and delivering value, with an emphasis on exploring subsurface resources like natural hydrogen, critical minerals, and geothermal energy. This transition is expected to continue the company’s trajectory in supporting the energy transition, amid increased geopolitical focus on supply security.
More about Getech Group plc
Getech Group PLC is a leading company specializing in locating energy and mineral resources crucial for the global energy transition. Utilizing a unique blend of data on Earth’s evolution, geoscience expertise, AI-driven analytics, and GIS capabilities, Getech provides actionable insights for resource discovery and development. Serving a diverse client base that includes governments and companies across various industries, Getech aims to support energy and mineral self-sufficiency and the drive towards net zero.
YTD Price Performance: -13.95%
Average Trading Volume: 381,395
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.82M
See more insights into GTC stock on TipRanks’ Stock Analysis page.
