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ATQT Attraqt Group Plc

30.00
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Attraqt Group Plc LSE:ATQT London Ordinary Share GB00BMJJFZ18 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 30.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

ATTRAQT Group PLC Board Changes & Trading Update (8076B)

15/01/2018 7:00am

UK Regulatory


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TIDMATQT

RNS Number : 8076B

ATTRAQT Group PLC

15 January 2018

15(th) January 2018

ATTRAQT Group plc

("ATTRAQT", the "Group" or the "Company")

Board Changes & Trading Update

ATTRAQT Group plc (AIM: ATQT), a leading provider of Online Merchandising, Onsite Search and eCommerce Personalisation, announces that André Brown has stepped down as Chief Executive Officer of the Group with immediate effect. Nick Habgood, Non-Executive Chairman, has assumed the role of Interim Executive Chairman while the Company undertakes the search for a new Chief Executive.

André was an original founder of the business back in 2003 and has led ATTRAQT for the past 15 years, including the period of significant expansion driven by the Group's admission to AIM in 2014 and the more recent acquisition of the Fredhopper business in 2017. The Board would like to thank André for his considerable contribution and wish him every success for the future.

Trading in the last two months of the year has been in line with the update issued at the end of October 2017 and revenue is expected to be between GBP13.5m and GBP13.6m. Fourth quarter bookings were also in line with expectations with several large upsells to existing clients. Cash on 12(th) January 2018 was over GBP2m.

The Company has reviewed its order book and has had success in delivering a number of signed clients and customer go-lives. The market demand remains strong for ATTRAQT with research from the British Retail Consortium showing that overall online sales across the Christmas trading period rose by 7.6 per cent.

The Company ended the year to 31 December 2017 in line with the guidance given in the October trading update and expects to announce its annual results 8(th) March 2018.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
ATTRAQT Group plc                                     via Alma PR 
Nick Habgood, Interim Executive Chairman 
 Eric Dodd, CFO 
Gemma Williams, Head of Marketing and Communications 
 
N+1 Singer                                            Tel: 020 7496 3000 
Shaun Dobson, Lauren Kettle 
 
Alma PR                                               Tel: 020 3865 9668 
Rebecca Sanders-Hewett, Susie Hudson 
 
 

About ATTRAQT

ATTRAQT Group plc specialises in Onsite Search, Online Merchandising and eCommerce Personalisation. The Group's customer base is made up of over 200 client logos ranging from SMEs to global blue-chip businesses. A TTRAQT has a strong base in the UK and western Europe, with a presence in North America, eastern Europe and ANZ. For more information, please visit: www.attraqt.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGMGMMRDNGRZM

(END) Dow Jones Newswires

January 15, 2018 02:00 ET (07:00 GMT)

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