Strat Aero plc (LON:AERO), an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle (‘UAV’) sector, has today announced the appointment of Mr Trevor Brown as an Executive Director with immediate effect.
Trevor Brown has been a strategic investor in real estate and equities for more than 30 years, and is joining the Board following his subscription for 58% of the recently announced placing resulting in a shareholding of 971,428,571 ordinary shares, representing 25.5% in the enlarged share capital of the Company.
Mr Brown is currently an Executive Director of Flying Brands plc, CEO of Braveheart Investment Group plc and a Non-Executive Director of Management Resource Solutions plc. He was also a director of AIM listed Feedback plc and of Advanced Oncotherapy plc.
Iain McLure, CEO of Strat Aero plc, commented, “Trevor’s participation in our recent placing speaks volumes for his confidence in Strat Aero’s investment proposition. He is a strategic investor with extensive experience in the equity markets and brings with him a significant amount of experience in growing companies and delivering returns for shareholders. With this in mind, we welcome him to the Strat Aero team as we work together to deliver on our strategic objectives of expanding our core Survey & Inspection and Education & Training divisions in 2018, in tandem with exploring complementary investment opportunity across the UAV industry.”