LONDON - Pod Point Group (WA:PGMP) Holdings PLC, a leading UK provider of electric vehicle (EV) charging solutions, today announced a forthcoming change to its board of directors. Philippe Commaret, a Non-Executive Director nominated by EDF (EPA:EDF), has decided to resign from his position, effective January 10, 2025. Commaret's departure is due to other business commitments.
The company, which has been publicly traded on the London Stock Exchange (LON:LSEG) since its initial public offering (IPO), will not immediately see a replacement from EDF Energy Customers Limited, though the energy company retains the right to appoint a successor under the terms of their Relationship Agreement.
Pod Point Chair Andy Palmer expressed gratitude for Commaret's significant contributions since the company's IPO and wished him success in his future endeavors. Palmer also reaffirmed the Board's confidence in Pod Point's strategic plan and financial targets, emphasizing EDF's continued role as a supportive shareholder and strategic partner.
Founded in 2009, Pod Point has been pivotal in establishing the infrastructure necessary for widespread EV adoption in the UK. The company boasts an installed base of over 250,000 communicating charge points and collaborates with various organizations to provide home and commercial charging solutions. Pod Point trades on the London Stock Exchange with the ticker symbol "PODP."
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