The directors of Rurelec PLC are in discussions with Radix to negotiate a settlement of the amounts still owed by the company. In order to satisfy the lender, the board appointed two executive directors to the board of the company on 19 July 2015, with immediate effect, to assist the day to day running of the company. There can be no certainty as to the outcome of these negotiations.

The two new directors are Simon Morris, a chartered accountant and Mark Keegan, an experienced executive with over ten years' experience living. Mark Keegan is a director of Sterling Trust Limited.