Appointment of Interim CEO
COMPANY ANNOUNCEMENT NO. 106
Inside information
Today, LED iBond International’s (LED iBond) Board of Directors has decided to appoint the company’s current CSO Flemming Thomsen as Interim CEO, effective as of today. Michael Brag, chairman of LED iBond International, comments:
“The decision is made on the basis that the board of directors has assessed that LED iBond in the current and forward going phase of the company’s development needs a different composition of skills in CEO position. Therefore, the board has decided to release the company’s current CEO Martin Løbel as of today.
The board has also decided on an Interim CEO position for Flemming Thomsen who will be supported by the board in the preparation and implementation of an action plan aimed to increase revenue growth and improve profitability. Flemming will alongside maintain his position as CSO for LED iBond and continue the revenue growth that has materialised during the period he has been employed.”
Flemming Thomsen, who is 50 years old, has been employed at LED iBond since February this year, but has already been instrumental in relation to the revenue growth realised in the first part of 2024. Flemming Thomsen comes with a strong background in sales and strategy and a significant experience from the international LED lighting industry.
Further Information
Michael Brag, Chairman
Mobile: +45 25 10 12 00
Email: mbr@ledibond.com
Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark
CVR 36041609
+45 7070 7855
info@ledibond.com
www.ledibond.com
Certified advisor
HC Andersen Capital
Bredgade 23B, 2.
1260 Købehanvn K
Telephone: +45 30 93 18 87
Email: ca@hcandersencapital.dk
About LED iBond International A/S
Founded in 2014, LED iBond offers sustainable, innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and simple assembly technology.
LED iBond is focusing on three key business lines: Parking Facilities (Parking Houses & Solar Carports), Indoor Farming (Greenhouses & Vertical farms) and Service Stations (Canopies & Car wash).
Our technology platforms TRACY®, GRACY™ and HORTISABER™ offer unique value propositions.
TRACY® and GRACY™ are developed to meet demands for high design flexibility, robustness, easy integration into building construction, less cables and low total costs of ownership due to market leading energy efficiency.
HORTISABER™ is a new generation of LED grow lights for indoor farming. It’s developed to meet the demands from modern greenhouse productions with outstanding energy efficiency, light uniformity, superior passive cooling design that enhances the lifespan significantly and the unique linear slim-line design ensures minimal daylight shadow.
LED iBond’s lighting solutions have been installed in many large-scale projects ranging from Parking Houses, Charging Hubs, Solar Carports and Greenhouses to customised illumination projects such as shopping centres, intelligent shelf lighting and elevator ceilings.
LED iBond is a Danish design and manufacturing company.
LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).