Share Name Share Symbol Market Type Share ISIN Share Description
Eleco Plc LSE:ELCO London Ordinary Share GB0003081246 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +3.50p +7.37% 51.00p 50.00p 52.00p 51.00p 47.50p 47.50p 103,190 13:20:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 17.8 1.5 1.7 30.0 39.49

Elecosoft PLC Appointment of Finance Director

15/11/2017 7:01am

UK Regulatory (RNS & others)


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RNS Number : 5058W

Elecosoft PLC

15 November 2017

Elecosoft plc

("Elecosoft", the "Company")

Appointment of Finance Director

The Board of Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, is pleased to announce the appointment of Simon Morgan, FCA as Finance Director with immediate effect.

Simon Morgan has held numerous senior financial and other directorships in digital publishing, SaaS and business services companies. Most recently, Simon was CFO of MeteoGroup, a global provider of B2B weather forecasting services, prior to which he had held senior financial and managerial roles in various subsidiaries of RELX plc, including its US-based subsidiary, Elsevier Clinical Solutions. He is a Fellow of the Institute of Chartered Accountants in England and Wales.

John Ketteley, Executive Chairman of Elecosoft said,

"We are delighted to welcome Simon Morgan to the Board of Elecosoft. More than two thirds of our turnover is in overseas markets and Simon's substantial international financial experience will be valuable to us as we focus on leveraging the significant cross-selling opportunities presented to us by our recent move to extend the Elecosoft brand across all our software products and markets. We look forward to working with such an experienced finance professional."

 
  For further information please 
   contact: 
 
 Elecosoft plc                         www.elecosoft.com 
  JHB Ketteley, Executive Chairman      Tel: 0207 422 0044 
  Jonathan Hunter, Group Marketing 
  & Business Development Director 
 
 
 finnCap Ltd 
 Adrian Hargrave / Kate Bannatyne      Tel: 0207 220 0500 
  (Corporate Finance) 
  Camille Gochez (Corporate Broking) 
 
 
   Redleaf Communications 
 Elisabeth Cowell / Fiona Norman       Tel: 0207 382 4730 
                                        elecosoft@redleafpr.com 
 

About Elecosoft plc

Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO). It is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions.

Regulatory Disclosures

The following disclosures are required regarding Simon's appointment pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Full name and age: Simon Philip Morgan FCA, aged 40

Current directorships and partnerships:

N/A

Directorships and partnerships held over the last 5 years:

Sunshine Topco Ltd

Sunshine Finco Ltd

Sunshine Holdco Ltd

Sunshine Purchaser Ltd

Sunshine Midco Ltd

MeteoGroup Ltd

MeteoGroup UK Ltd

Meteo New UKco Ltd

MeteoGroup Dutch Holdco BV

MeteoGroup Netherlands BV

MeteoGroup German Holdco GmbH

MeteoGroup Deutschland GmbH

MeteoMedia GmbH

MeteoGroup USA Inc

MeteoGroup Espana SL

MeteoGroup Italia Srl

MeteoGroup Belgium SA

MeteoGroup Ireland Ltd

MeteoGroup New IrishCo Ltd

MeteoGroup France SAS

MeteoGroup Scandinavia AB

MeteoGroup Philippines Inc

MeteoGroup Weather Services Canada Inc

MeteoGroup Singapore Pte

MeteoGroup Schweiz AG

MM International (Europa) AG

MeteoGroup Polska SP zoo

Simon has no shareholding in the Company.

No further disclosure is required under AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules with respect to Simon Morgan.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 15, 2017 02:01 ET (07:01 GMT)

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