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Structural Monitoring Systems Plc (ASX: SMN) would like to provide the following update regarding the launch of wholly owned subsidiary, Anodyne Electronics Manufacturing Corp’s (AEM), new product.
Structural Monitoring Systems Plc (ASX: SMN) would like to provide the following update from Executive Chairman Ross Love regarding sensor testing and service bulletin approval preparation progress for the APB application.
Structural Monitoring Systems Plc (ASX: SMN) is pleased to provide the following Quarterly Update summarising Group performance and prior releases lodged during the quarter ending 30 June 2023.
Structural Monitoring Systems Plc (ASX: SMN) would like to provide the following update from Executive Chairman Ross Love regarding the additional testing requirements for the APB application.
Structural Monitoring Systems Plc (ASX: SMN) would like to provide the following update from Executive Chairman Ross Love on the further progress made during May towards Federal Aviation Administration (FAA) certification and an update regarding several important streams of work currently being undertaken.
Structural Monitoring Systems Plc (ASX: SMN) would like to provide the following update from Executive Chairman Ross Love regarding the additional testing required for the Aft Pressure Bulkhead (APB) application by the Federal Aviation Administration (FAA).
Structural Monitoring Systems Plc (ASX: SMN) is pleased to provide the following Quarterly Update summarising Group performance and prior releases lodged during the quarter ending 31 March 2023.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following update as its response to the ASX price query.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following update on the first installation of CVM™ Sensor Kits on Delta Aircraft.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following announcement that the suspension of trading will be lifted from commencement of trading on 10 March 2023, following the lodgement of Appendix 4D and Half Year Report
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following announcement regarding the option holders distribution schedule.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following announcement of the top 20 shareholders.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following announcement regarding application for quotation of +securities.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following announcement that we expect trading to resume 10 March 2023, following the lodgement of Appendix 4D and Half Year Report.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following update: Appendix 4D & Half Year Report for period ending 31 December 2022.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following Market Announcement regarding entities that will be suspended from quotation from March 1 2023 for not lodging the relevant periodic report by the due date.
Structural Monitoring Systems Plc (ASX: SMN) wishes to provide the following update from Executive Chairman Ross Love regarding a number of developments as the Company progresses the commercialisation strategy of our CVM™ technology and our underlying AEM business.
Structural Monitoring Systems Plc (ASX: SMN) wishes to advise that the Company was notified overnight by it’s UK Auditor that they had been forced to resign from their enagement with the Company due to the unexpected departure, at very short notice of the audit partner responsible for the Group’s external audit function and a current lack of suitably experienced available replacement resources.
Structural Monitoring Systems Plc (ASX: SMN) is pleased to provide the following Quarterly Update summarising Group performance and prior releases lodged during the quarter ending 31 December 2022.
Structural Monitoring Systems Plc (ASX: SMN) Canadian based subsidiary, Anodyne Electronics Manufacturing Corp (“AEM”), is pleased to announce that new banking and credit facilities have now been secured with the Royal Bank of Canada (RBC).
Structural Monitoring Systems Plc (ASX: SMN) is pleased to provide an update on the recent compression testing conducted at Boeing’s US based laboratory and completed on 13 January 2023.
Structural Monitoring Systems Plc (ASX: SMN) held an Annual General Meeting of Stakeholders
Results of eXtraordinary general meeting
Structural Monitoring Systems Plc (ASX: SMN) held an Extraordinary General Meeting of Stakeholders
Structural Monitoring Systems Plc (“SMS” or “The Company”) (ASX: SMN) has become aware of a letter posted by Anthony Faillace of “Drake Management” (“Drake”) (an associate of Drake Private Investments LLC) to the Company’s CDI holders, in connection with the resignation of Mr. Rick Deurloo and in relation to the Company’s business (“Drake Letter”).
The company wishes to address some of the matters raised in the Drake Letter.
Structural Monitoring Systems Plc (“SMS or “the Company”) (ASX: SMN) is pleased to announce that it has secured the first commercial sales of its ground-breaking Comparative Vacuum Monitoring (CVM™) technology after receiving its first commercial Purchase Order from Delta Air Lines for an initial four CVM™ Sensor Kits for its Boeing 737NG aircraft.
Structural Monitoring Systems Plc (“SMS or “the Company”) (ASX: SMN) advises that Rick Deurloo has tendered his resignation as a non-executive director of the Company effective immediately. The Board has accepted the resignation of Mr Deurloo with regard and appreciates the contribution he has been able to make during his short time on the board.
Incorporating Directors’ statement, notice of meeting, explanatory memorandum and proxy form.
Structural Monitoring Systems Plc (“SMS” or “the Company”) (ASX: SMN) provide an update on the Company’s attendance and presentation at a key structural monitoring forum in the United States at the end of September.
This Prospectus is being issued for the offer of 10 CDIs and 10 Attaching Options for nil consideration. The Offer closes at 3.00pm (AWST) on 28 September 2022. Valid Applications must be received before that time.
This target market determination (TMD) has been prepared by the Company in relation to an offer of 1 free-attaching option (with an exercise price of $1.20 per option and having an expiry date of 6 April 2024) (Attaching Options)) for every 1 CHESS Depositary Interest (CDIs) subscribed for under an offer of 10 CDIs (Offer) to specific parties at the invitation of the Directors.
Structural Monitoring Systems advises shareholders that the Company is undertaking the necessary steps to convene an Extraordinary General Meeting (EGM) in compliance with the Companies Act 2006 (UK).
Structural Monitoring Systems Plc (“SMS” or “the Company”) (ASX: SMN) is pleased to announce that it has received binding commitments from institutional and sophisticated investors to raise approximately AUD $1,657,200 (before costs) through a single tranche placement (“Placement”) with the Lead Manager currently finalising additional binding commitments for CDIs.
Structural Monitoring Systems Plc (“SMS” or “the Company”) (ASX: SMN) is pleased to provide an update from the Executive Chairman
Structural Monitoring Systems has scheduled the Annual General Meeting to be held on 11 November 2022 in Perth Western Australia.
Will Rouse has joined to oversee the acquisition and continued operations of AEM. Will is an experienced senior banker, finance executive and “serial entrepreneur” focused on the acquisition and optimised growth of specialised manufacturing- related businesses. In his last role, Will acquired Simcro Ltd (“Simcro”) in 2007, a New Zealand-based export-manufacturer. Will sold his majority stake in Simcro in 2013 to The Riverside Company, a New York private equity group, retaining a 20% shareholding. Simcro then acquired two further operating businesses in NZ and Australia in 2015, with Will leading these acquisitions. Simcro was recently sold to a global multinational. Will is a Chartered Accountant and remains on the Board of Simcro.
Mr Forman has over 25 years of demonstrated high-level equity capital markets experience in Australia and North America, through roles in institutional equity sales and trading, investor relations and corporate advisory with major top- tier global investment groups – including UBS and JPMorgan – the latter where Mr Forman worked for 15 years in various senior positions. Mr Forman’s current role as Managing Director with New York-based investment advisory and consulting firm, Union Square Capital Advisors, saw him successfully utilize his global network to assist companies with business development, corporate communication strategies – and to diversify their share register with Australian and North American investors. Mr Forman holds a B.Comm – Hons (Accounting & Finance) from UWA, and is a CFA Charterholder.
Mr. Reveley was a Managing Director of GovDesk, LLC, which provided capital introduction services to small-cap companies. Previously, Mr. Reveley was CEO of SEAL Capital Ltd., a global macro hedge fund. Before forming SEAL Capital, Mr. Reveley was CIO at the private equity and hedge fund firm Seagate Global Advisors.
During his banking career, Mr. Reveley was Director of Syndicate and Derivatives Group at SBC Warburg in London and New York, and vice-president at First Interstate Bank, where he co-managed a $20B derivatives portfolio.
Toby Chandler is the SMS Chief Executive Officer, and oversees the Company’s global strategy and business development efforts. He is also charged with optimizing the Company’s financing, capital and corporate structure requirements.
During his banking career, Mr. Chandler was a Managing Director with Morgan Stanley Inc. in New York, where he ran one of the Bank’s specialist hedge fund
coverage desks.
Mr. Chandler has also held several other senior bank positions, including Managing Director and Head of Global Fixed Income Distribution at HSBC Securities (USA) NA, New York; Executive Director positions with Morgan Stanley Inc. and Morgan Stanley International plc, London, as head of Emerging Markets and Global Fixed Income Distribution; and Vice President with Citigroup NA, New York and
Citigroup Australia.
Mr Poutier has a highly accomplished three-decade career track of strategic and tactical leadership in the management of advanced technology aircraft and technical operations within the airline industry. He has proven expertise in negotiating Airframe and Engine Maintenance MRO agreements, sales/trade agreements, purchase agreements, aircraft lease agreements, and cultivating key vendor, customer and government regulatory relationships. Previous work experience includes Senior Vice President at International Lease Finance Corporation (“ILFC”) responsible for the Company’s global Technical Services Department which interfaced with airlines maintenance and engineering providers and regulatory authorities around the globe for aircraft and engine-related issues. ILFC was the world’s largest aircraft lessor by value, and primarily leased Boeing and Airbus aircraft to all major airlines worldwide.
Mr. Lynch-Staunton is Project Manager for the SMS group at Anodyne Electronics Manufacturing, as well as Head of the Design Approval Organization at AEM. His long history of developing avionics provides the experience required to ensure that CVM technology takes off, both figuratively and literally.
Mr. Lynch-Staunton’s long list of technological achievements includes, design of the world’s best sounding and performing audio DAC and ADC, development of the first panel mounted APCO P25 Digital radios for aircraft use, design and testing of products for compliance of DO160, FCC, IC, and a number of military specifications. He has also worked in a photonics startup, customer support, and automated test engineering.
He holds a Professional Engineer designation and received his B.Eng. from the
University of Victoria, and an Electronics Engineering Diploma from the British Columbia Institute of Technology. Mr Lynch-Staunton has worked for Nortel in the photonics research group, for Scientific Atlanta in RF design, Norsat as an RF Design Engineer, Northern Airborne Technology as an RF Design Engineer, and then ESS Technology as an Analog Design Engineer, designing mixed signal CMOS.
Gary has 20 years experience in Senior accounting roles (CFO/Financial Controller) with ASX listed Companies including Aruma Resources Limited, Buxton Resources Limited, Canyon Resources Limited, Nexus Minerals Limited, Strategic Elements Limited and Transaction Solutions International Limited.
He previously held positions with Crusader Resources Limited, LifeCare Health Limited and Quadrant iridium Limited. He has extensive experience in IPO, mergers, acquisitions, backdoor listings, audit, ASX reporting and financial reporting. Gary graduated in Economics from the University of Northumbria in the UK. He is an Associate of the Chartered Institute of Management Accountants and Institute of Public Accountants.
Mr Walsh is a highly experienced corporate counsel having led legal teams at such firms as Hancock Prospecting Pty Ltd and Rio Tinto Limited (Perth). Mr Walsh currently runs a private consultancy company, providing Board, commercial, business development and corporate advisory services. He will provide a key oversight role for the Company’s corporate legal affairs including contract negotiations, IP enforcement and maintenance, regulatory oversight and corporate compliance, and any future civil interactions.
Key Career Highlights:
Mr Walsh currently serves as a Non-Executive Director of Nanollose Limited. Admissions: Supreme Court of Western Australia in February 1995
WA Business News reported this week on the recent SMS board and organisational restructure that has been conducted in order to further push the commercialisation of our CVM technology. The announcement included the further integration with wholly owned subsidiary AEM to streamline commercialisation and cut operating costs.
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