MySale Group PLC Non-Executive Director Appointment (0123V)

TIDMMYSL

RNS Number : 0123V

MySale Group PLC

31 October 2017

Non-Executive Director Appointment

MySale Group plc (AIM: MYSL) the leading online retailer is pleased to announce the appointment of Charles Butler as Independent Non-Executive Director with immediate effect.

Charles was until recently Chief Executive Officer of Market Tech Holdings a property and digital technology group having led it from successful IPO through to its recent sale for GBP892 million to LabTech Investments Limited. Prior to joining Market Tech Charles was Group Chief Executive of NetPlay TV, the AIM listed UK interactive TV gaming company, from 2010 where he led a significant turnaround of the business. Charles is a member of the Institute of Chartered Accountants of England and Wales and has worked in a number of international regions including the Australian retail sector.

Carl Jackson Chief Executive Officer commented:

"We are delighted to welcome Charles to the board. His extensive experience in growing online and digital businesses shall be a valuable asset as we embark on the next stage of our ambitious growth plans."

Regulatory disclosures:

 
 Current Directorships       Directorships last 
                              5 years 
 
 Avocet Systems Limited      Market Tech Holdings 
                              Plc 
 HCP High Yield Commercial   MCHEX Holdings Limited 
  Property LLP 
                             MCHEX Limited 
                             Mobileworkflow Limited 
                             NetplayTV Plc 
                             NetplayTV (UK) Limited 
                             NetplayTV Gaming Limited 
                             NetplayTV Leisure Limited 
                             NetplayTV Trustees 
                              Limited 
                             NetplayTV Mobile Limited 
                             NetplayTV Broadcasting 
                              Limited 
                             NetplayTV Marketing 
                              Services Limited 
                             NetplayTV Services 
                              Limited 
                             Stream Telecommunication 
                              Limited 
                             WGS (Hamilton) LLP 
 

Charles Alistair Neilson Butler (aged 45) has an interest in 17,000 ordinary shares of MySale Group Plc.

There are no other disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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

Enquiries:

 
 MySale Group Plc 
                                     [phone] 
 Carl Jackson, Chief Executive        843 
                                     [phone] 
 Graeme Burns, Investor Relations     4516 
 Zeus Capital Limited (Nominated     [phone] 
  Adviser & Joint Broker)             5000 
 Giles Balleny, Corporate 
  Finance 
  Benjamin Robertson, Corporate 
  Broking 
                                     [phone] 
 N+1 Singer (Joint Broker)            3000 
 Mark Taylor, Corporate Finance 
 

About MySale Group

MySale is a leading international online retailer with established online flash-sales and retail websites in Australia, New Zealand, South-East Asia and the United Kingdom. Founded in 2007, the Group provides customers with access to outstanding brands and products at discounted prices whilst simultaneously providing brand partners unique international inventory and sales solutions.

The group provides a marketplace solution to brands by offering both retail and flash-sale websites. The flash sales websites host time limited sales in each of its territories. These flash sales are focused on fashion, apparel, health, beauty and homeware categories and are predominantly undertaken on a consignment inventory basis. The retail websites operate in Australia and New Zealand and focus on similar product categories using mostly drop-shipped inventory.

Customers' shopping experiences are enhanced by the group's deployment of leading edge technology to ensure personalised and localised product offerings. Customer convenience has been at the heart of the group's technology development since the earliest days and now mobile commerce is the group's main sales channel.

The group's online sales are supported by a robust and flexible network of in-house supply chain infrastructure and technology that enables MySale to offer products from around the world for sale and delivery to customers in each territory.

As a result of these exceptional capabilities in inventory management and international sales MySale has built an enviable portfolio of over 2,500 brand partners from whom products are sourced.

The group operates websites under a number of different brands all of which operate on a uniform technology platform and a single international logistics infrastructure.

The Group's flash sales brands are; OzSale and BuyInvite in Australia; NzSale in New Zealand; SingSale in Singapore; MySale in Australia, New Zealand Malaysia, Thailand, the Philippines, the United Kingdom and Hong Kong, and Cocosa in the United Kingdom, Australia and New Zealand; whilst the Group's retail websites are Deals Direct, OO.com and Top Buy in Australia and Identity Direct in Australia and New Zealand.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 31, 2017 03:00 ET (07:00 GMT)