Investor News

CEO transition in Ranplan Group AB (publ)

Published on June 11th 2019

Alastair Williamson, Ranplan's Chief Executive Officer and former Head of Sales, has accepted a leadership position within an AIM listed Company based in London, UK. To ensure business stability, maximum continuity and a seamless transition, Mr Williamson will maintain his CEO duties until 31 August 2019, after which - subject to approval by an Extraordinary General Meeting (EGM) - he will join the Board as a new ordinary member. The Board has appointed Jie Zhang, the company's founder, Chief Scientific Officer (CSO) and member of the Board, interim CEO, effective 1 September 2019. Professor Zhang will remain an ordinary member of the Board.

The selection of candidates for a permanent CEO position has been initiated.

“The Board wants to express its gratitude to Alastair for his past achievements and sincere satisfaction that he seeks to join the Board”, says Mats Andersson, Chairman of Ranplan Group AB.

For further information, please contact:
Mats Andersson, Chairman of the Board
Tel: +46708190019

Certified Adviser
FNCA Sweden AB, +46(0)8-528 00 399, is the Company's Certified Adviser at Nasdaq First North

About Ranplan Wireless
Ranplan Wireless is an innovative wireless technology company that has developed the World’s only solution that can plan, design and optimise inbuilding and outdoor wireless networks in coordination. Our solutions enable us to help an ecosystem of companies deploy the next generation of wireless networks for a range of applications in urban environments, supporting multiple technologies such as 4G LTE, 5G, Wifi and IoT, providing end users with an unmatched quality of experience. Ranplan Wireless is a subsidiary of Ranplan Group AB (Nasdaq First North: RPLAN) whose head office is in Stockholm, Sweden. The group operates out of offices in the UK, US and China.

This information is such information that Ranplan Group AB is obliged to disclose under the EU Market Abuse Regulation. The information was provided by the above contact person for publication on June 11, 2019 at. 18:15 CET.

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