Elecosoft FD to step down

Elecosoft finance director Graham Spratling will be leaving the company upon completion of the year-end accounts.

He has been with the company for nine years and the board wishes to acknowledge his contribution and hard work during his time with the company, particularly his contribution in Elecosoft's transition period from a building products company to a software company.

The board has begun the search for a successor and an announcement will be made at the appropriate time. Executive chairman John Ketteley said: "It has been a pleasure to work with Graham over the past nine years. We appreciate his contribution and wish him every success in the future."

At 9:13am: (LON:ELCO) Eleco PLC share price was 0p at 30p