Company Information

Company Description

The Company was incorporated in England and Wales on 5 July 2011 under the name GreenSpur Renewables Limited and renamed as Time To ACT Limited on 12 October 2019 following the acquisition of Diffusion Alloys Holdings Limited. It converted to a public limited company on 1 November 2023.

The Group is an engineering business focused on technology in the energy transition sector. It currently has two principal operating divisions; Diffusion Alloys and GreenSpur. TTA acts as the holding company for the Group, provides strategic and operational support to the operating companies and also capital to enable their growth.

It is the Directors’ intention to grow the Group both organically and through the potential acquisition of companies or businesses with complementary technologies in the cleantech sector. Such acquisitions could be of both established and early-stage businesses, as well as intellectual property which would benefit the Group and its strategic aims.

Incorporated and registered in England and Wales under the Companies Act 2006 with registration number 07693175.

Address

Level Q, Surtees Business Park, Stockton-On-Tees, England, TS18 3HR
Telephone: +44 (0) 1642 967138
Email: investorrelations@timetoactplc.com
Media Enquiries Email: TimeToACT@stbridespartners.co.uk

Executive Team

Chris Heminway

Chris Heminway (Executive Chairman)

Experienced in engineering-sector SME management. Sat as Non-Executive Director on the Board of AIM-listed Robotic Technology Systems plc.

Gary Wallace (Chief Financial Officer)

Chartered Accountant who has worked in SME and PLC businesses. Practice background and experience in acquisition integration through a PE buy & build strategy.

Jason Moody (Chief Operating Officer)

A Chartered MBA graduate with a degree in M.Eng., Jason brings world-class operational leadership experience from the aerospace, automotive, off-highway and material science sectors.

Non-Executive Directors

Andrew Hall (Non-executive Director)

In a twenty-year career with Siemens, Andrew was most latterly Chief Financial Officer of Siemens UK, Siemens Wind Power and Chief Financial Officer at Siemens Gamesa Renewable Energy S.A.

Rich Furniss (Non-executive Director )

Former Country Managing Director for wind OEM Nordex following a 23-year international career with GEC / Alstom / Converteam as an engineering, major project and business leader. Since 2018 he has worked as an independent consultant and Non-Executive Director focused on the energy transition to renewables.

Andy Hoare is a Non-executive Director for cleantech group Time To ACT plc.

Andy Hoare (Non-executive Director )

Founded the City Group of companies which he grew from £1m to £45m of annual revenues prior to the sale to Stockholm-listed ITAB AB. Subsequently a member of the ITAB AB European Executive Management team.

Lisa Randall

Lisa Randall (Non-executive Director )

The Managing Director at Diffusion Alloys, Lisa has a Master’s Degree in Mechanical Engineering and extensive operational and leadership experience gained from roles in both the manufacturing and financial services sectors.

Corporate Governance

The Directors recognise the importance of sound corporate governance and, with effect from Admission, the Directors intend to observe the requirements of the QCA Code to the extent they consider appropriate in light of the Company’s size, stage of development and resources.

Given the nature and purpose of the Company, the experience of the Directors and the Company’s proposed strategy, the Directors believe that the composition of the Board is appropriate and suitable.

The Company has adopted a share dealing code for dealings in shares by the Directors and senior employees that is appropriate for an AQSE Stock Exchange Growth Market company, and which is compliant with the Market Abuse Regulation. The Company will take steps to ensure compliance by the Directors and any relevant employees with the terms of this code.

The Directors have established financial controls and reporting procedures which are considered appropriate given the size of and structure of the Company. These controls will be reviewed in the light of the Company’s future development and adjusted accordingly.

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