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CITY Cityfibre

80.90
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cityfibre LSE:CITY London Ordinary Share GB00BH581H10 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% 80.90 80.80 81.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

CityFibre Infrastructure Hldgs PLC Appointment of Non-Executive Chairman (9925X)

28/02/2017 7:02am

UK Regulatory


TIDMCITY

RNS Number : 9925X

CityFibre Infrastructure Hldgs PLC

28 February 2017

 
  For immediate release    28 February 2017 
 

CITYFIBRE INFRASTRUCTURE HOLDINGS PLC

('CityFibre' or the 'Group' or the 'Company')

Appointment of Non-Executive Chairman

CityFibre (AIM: CITY), a leading designer, builder, owner, and operator of fibre optic infrastructure in UK towns and cities, is pleased to announce the appointment of Christopher ("Chris") Stone as the Company's Non-Executive Chairman with immediate effect.

Mr Stone is a technology and services industry veteran with a strong track record of building successful, global businesses in the sector. Most notably he was responsible for leading the transformation of Northgate Information Solutions (then called McDonnell Douglas Information Systems) between 1999 to 2011 to become the world's second largest specialist HR technology and services business and the leading provider of software and services to the UK public sector.

Chris is currently a Non-Executive Director (formerly Chief Executive Officer) of Radius Worldwide, an expansion services company offering accounting, HR, legal, tax and compliance support to companies' international operations. He led the business during its successful acquisition by private equity firm, HG Capital, in August 2013.

Chris has also previously held senior roles at Accenture, Electronic Data Systems, Digital Equipment Company, Fitness First and CSR, where he served as Non-Executive Director and Chairman of the Remuneration Committee.

Greg Mesch, CEO of CityFibre, commented:

"We're delighted to welcome Chris as Non-Executive Chairman of CityFibre. He brings to the Board extensive experience as a Non-Executive Director across a wide range of companies and sectors, and we look forward to his perspective and guidance as CityFibre continues its rapid growth and development in the dynamic and evolving UK communications infrastructure market."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Mr Christopher Michael Renwick Stone (aged 54) has been a director of the following companies during the five years preceding the date of this announcement:

 
  Current directorships          Previous directorships 
  Radius Bidco Limited           Northgate IS plc and all 
                                  its subsidiaries 
  Tattleton Services Limited     Radius Pledgeco Limited 
  Event Rider Masters Limited    Radius Midco Limited 
  Zighy Holdings Limited         Radius Holdco Limited 
  Qorex Ltd                      Radius Debtco Limited 
  Rebus HR Group Limited         Radius (USA), Inc. 
                                 CSR Limited 
                                 Moray Finance Limited 
                                 Rambo A Limited 
                                 Rambo E Limited 
 

There is no further information to be disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies.

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

For further information, please contact:

 
  CityFibre Infrastructure Holdings         www.cityfibre.com 
   plc 
  Greg Mesch, Chief Executive Officer       via Vigo Communications 
  Terry Hart, Chief Financial Officer 
  James Enck, Head of Investor Relations 
 
  finnCap (Nomad and Joint Broker)          www.finncap.com 
  Stuart Andrews / Christopher Raggett      Tel: 020 7220 
   / Anthony Adams (Corporate Finance)       0500 
  Simon Johnson (Corporate Broking) 
 
  Liberum (Joint Broker)                    www.liberum.com 
  Steve Pearce / Richard Bootle             Tel: 020 3100 
                                             2000 
 
  Vigo Communications                       www.vigocomms.com 
  Jeremy Garcia / Fiona Henson              Tel: 020 7830 
                                             9700 
 

About CityFibre:

CityFibre is the national builder of Gigabit Cities, as the UK's largest alternative provider of wholesale fibre network infrastructure. It has major metro duct and fibre footprints in 42 cities across the UK and a national long distance network that connects these cities to major data-centres across the UK and to key peering points in London.

The company has an extensive customer base spanning service integrators, enterprise and consumer service providers and mobile operators. Providing a portfolio of active and dark fibre services, CityFibre's networks address 28,000 public sites, 7,800 mobile masts, 280,000 businesses and 4 million homes.

CityFibre is based in London, United Kingdom, and its shares trade on the AIM Market of the London Stock Exchange (AIM: CITY). Further information on the company can be found at www.cityfibre.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOADGGDDDDDBGRR

(END) Dow Jones Newswires

February 28, 2017 02:02 ET (07:02 GMT)

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