Ceramic Fuel Cells fell after announcing the resignation of two of its senior bosses.
The company, which makes generators that use fuel cell technology to convert natural gas into electricity and heat, said managing director John Dempsey had left the firm on 31st December.
The business also confirmed that Chief Executive Brendan Dow had stepped down on the same date.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The announcements gave no further details of the circumstances of the resignations.
However, when Dow's resignation was revealed in October, the firm put it down to "significant changes as it moves the focus of its operations to Europe".
Ceramic's shares were down 3% at 1530 on Wednesday following the announcement.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
