LightwaveRF PLC Directorate Change (1851Y)

TIDMLWRF

RNS Number : 1851Y

LightwaveRF PLC

01 March 2017

1 March 2017

LightwaveRF plc

(AIM: LWRF)

Board Changes

LightwaveRF plc ("LightwaveRF" or the "Company"), the proprietary IOT and connected devices specialist enabling the remote control and monitoring of light, heat, power and security through just one app, announces a number of board changes taking place with immediate effect.

The Company has appointed Andrew Pearson as its new Chief Executive Officer, replacing Mike Lord who has stepped down to become a non-executive director and a consultant to the Company. Tom Sykes, Commercial Director, has stepped down from the board.

The directors of the board are now as follows:

   -    Barry Gamble, Non-executive Chairman 
   -    Andrew Pearson, Chief Executive Officer 
   -    Kevin Edwards, Chief Financial Officer 
   -    John Shermer, Founder and Chief Technical Officer 
   -    Steve Harris, Non-executive Director 
   -    Mike Lord, Non-executive Director and Consultant 

Andrew Pearson spent six years as CEO of the global payroll services business CloudPay, before later becoming a non-executive director of the business. He has also held senior positions at several other internet related companies, including IntraLinks, Workshare and Vignette. Andrew gained a degree in Physics and a Warwick MBA before embarking on a career in internet technology.

Commenting on the board changes, Barry Gamble, Chairman, said: "I'm delighted that Andrew Pearson has joined the Board. His appointment marks another important step in the continued development of LightwaveRF. He has considerable experience in growing technology and internet related businesses and brings with him skills that will strengthen the Company's ability to deliver its strategic goals.

"I would like to thank Mike Lord for the contribution he has made and look forward to his continued service as a non-executive director and consultant. I would also like to thank Tom Sykes for his contribution both as CFO and latterly as Commercial Director."

The following details in relation to the appointment of Mr Pearson are disclosed in accordance with Schedule 2(g) of the AIM Rules:

 
 Current directorships                   Past directorships held within 
                                          the last five years 
--------------------------------------  -------------------------------- 
 CloudPay Inc                            Logon Global Solutions Limited 
  CloudPay Holdings Limited               Patersons HR Solutions Limited 
  CloudPay Holdings Inc                   Patersons IT Solutions Limited 
  CloudPay Holdings SA 
  CloudPay UK Limited 
  CloudPay Technology Limited 
  CloudPay Solutions Limited 
  CloudPay Solutions Inc 
  CloudPay Asia PTE Limited 
  CloudPay Hong Kong Limited 
  CloudPay France 
  CloudPay Software Service (Shanghai) 
  Limited 
  CloudPay Italy Srl 
  CloudPay Philippines Incl 
  Thrusters On Full Limited 
  Wayin Inc 
 

There are no other disclosures in accordance with Schedule 2(g) of the AIM Rules.

 
 Contacts: 
 LightwaveRF plc                               www.lightwaveRF.com 
 Barry Gamble, Chairman 
  Kevin Edwards, CFO                          [phone] 
 
 WH Ireland Limited                           www.whirelandplc.com 
                                                 [phone] 
 Mike Coe/Ed Allsopp (Corporate Finance)                    3470 
                                                 [phone] 
 Jasper Berry (Institutional Sales)                         1666 
 
 

About LightwaveRF

LightwaveRF plc ("LightwaveRF" or the "Company") pioneered smart home automation with the introduction of the market's first internet enabled devices in 2008.Today, the Company offers a market leading proprietary Internet of Things ("IoT") platform together with applications and connected devices, which provide fully integrated remote control and monitoring of light, heat, power and security. We are dedicated to making everyone's lives easier and more fulfilled through world leading smart home technology.

For further information and to sign up for investor news alerts please visit www.lightwaverf.com/corporate/

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOASSASAFFWSELD

(END) Dow Jones Newswires

March 01, 2017 04:00 ET (09:00 GMT)