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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Defenx Plc | LSE:DFX | London | Ordinary Share | GB00BYNF4J61 | ORD GBP0.018 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.60 | 0.50 | 2.70 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDFX
RNS Number : 0358X
Defenx plc
21 November 2017
21 November 2017
Defenx PLC
("Defenx", the "Company" or, together with its subsidiaries, the "Group")
Board Changes
Defenx plc (AIM:DFX), the cyber-security software group, announces the following changes to the board of directors of the Company (the "Board") with immediate effect.
The Company is pleased to announce the appointment of Alessandro Poerio as Chief Executive Officer, with Andrea Stecconi, the current Chief Executive Officer, remaining on the Board as an Executive Director in a customer relationship role. In addition, the Company announces the resignation of Non-Executive Director, Franco Francione, in order to focus on his responsibilities as Chief Financial Officer of BV-Tech SpA.
Alessandro Poerio is an experienced finance and management executive in the technology sector. From 2005 to 2017, he was the Chief Executive Officer of Oberthur Technologies Italia ("OTI"), the Italian subsidiary of Oberthur Technologies Group S.A.S, the global embedded digital security company. Prior to taking up the position of Chief Executive Officer at OTI, Alessandro was the Chief Financial Officer having been appointed in 2002. Before joining OTI, he held various finance roles including at L'Oréal Italia.
Alessandro has a degree in Business Administration from Università Cattolica del Sacro Cuore in Milan.
Tony Reeves, Non-Executive Chairman of Defenx, commented:
"I am pleased that we have secured the services of Alessandro Poerio as the Company's new CEO. Alessandro brings with him considerable experience of building a successful digital security business and we believe he has the right skills to lead the executive team in the next phase of the Company's development. Andrea Stecconi will continue in an executive role, focussed on ensuring we maximise the opportunity with our existing customers and partners.
Although Franco Francione has only been on the Board for a short period, I would like to thank him for his contribution and we will continue to work closely with him as we further develop our relationship with BV-Tech.
Despite the challenges that the Company has faced in recent times, we believe that we have the right strategy and leadership team to ensure the Group delivers profitable revenue growth in the medium and long term."
Additional information on Mr Alessandro Poerio
The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:
Alessandro Poerio (aged 50)
Current Directorships/Partnerships Past Directorships/Partnerships - Oberthur Technologies Italia Srl
There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
Enquiries
Defenx PLC Philipp Prince - Chief Financial Officer 020 3198 9414 IFC Advisory (Financial PR and IR) Tim Metcalfe / Graham Herring / Heather Armstrong 020 3053 8671 Strand Hanson Limited (Nominated and Financial Adviser) Angella Hallett / Richard Tulloch / James Bellman 020 7409 3494 WH Ireland (Joint-Broker) Adrian Hadden / Alex Bond 020 7220 1666 Beaufort Securities (Joint-Broker) Jon Belliss 020 7382 8300
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable cyber-security software group that offers a range of Security, Backup and Protection solutions for smartphones, PCs and networks.
A channel sales strategy, focused on flexibility, white-labelling and profit-share arrangements with distributors, telecoms companies and hardware manufacturers, enables Defenx to compete with established industry incumbents. Defenx's global distribution partners currently include 3Italia, Türk Telecom and Western Digital, amongst others including telecoms operators, systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015, acquired Memopal Srl in August 2016 and announced a strategic partnership with BV-Tech, an Italian IT solutions provider, in April 2017. These have allowed the Company to diversify its product portfolio and grow its customer base by adding proprietary cloud backup and encryption technology as well as new channel partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAFELESSFWSEEF
(END) Dow Jones Newswires
November 21, 2017 02:02 ET (07:02 GMT)
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