LED iBond´s CEO resigns

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Today, Pia Stangerup has informed the Board of Directors that she will be resigning from the position as CEO of LED iBond International A/S (LED iBond) by the end of August 2022 at the latest.

She will then take up a senior management position with a company outside the LED iBond industry.

Michael Brag, Chairman of the Board, says:

– I would like to thank Pia for her contribution to the company's development, first as LED iBond’s Chief Commercial Officer, later as CEO. During her one and a half year with the company, she has played an important role in the efforts to steer the business through the challenging business conditions of the pandemic. I wish her the best of luck in her new position.

The company has initiated the search for a new CEO.

Further Information

Michael Brag, Chairman of the Board
Mobile: +45 2510 1200
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

Västra Hamnen Corporate Finance
Jungmansgatan 12
211 19 Malmö
Sweden

Telephone: +46 40 200 250
Email: ca@vhcorp.se

About LED iBond International A/S

Founded in 2014, LED iBond International offers innovative solutions for integrating light and data, based on the company’s deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED basis available, offering a unique value proposition combining total design flexibility, full IoT integration and low total costs of ownership. LED iBond’s technology has been deployed in many projects, ranging from intelligent shelf lighting to large scale indoor illumination projects such as the installation of 3.2 kilometres of Tracy®, the company’s innovative flagship product, at DTU, the Technical University of Denmark.

Due to the data transfer capabilities, superior form factor and cooling properties of the technology platform, LED iBond is focusing on three key business lines: Smart Building, UV Disinfection and Vertical Farming, all projected to show significant growth in the years to come.

LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).