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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
  +0.00p +0.00% 72.00p 71.00p 73.00p 72.00p 72.00p 72.00p 8,104 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 20.0 2.3 2.5 28.8 58.91

Elecosoft PLC Directorate Change

22/12/2017 7:00am

UK Regulatory (RNS & others)

Eleco (LSE:ELCO)
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1 Year : From Dec 2017 to Dec 2018

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RNS Number : 1512A

Elecosoft PLC

22 December 2017

Elecosoft plc

("Elecosoft", the "Company")

Appointment of Chief Operating Officer and Directorate Changes

The Board of Elecosoft announces that Jonathan Hunter, currently Group Marketing and Business Development Director of Elecosoft, has been appointed Chief Operating Officer. The Board also announces that Jason Ruddle, has resigned as a Director of Elecosoft and as Managing Director of Elecosoft UK Ltd, in order to pursue a new career opportunity.

John Ketteley, Executive Chairman of Elecosoft said

"It has been a pleasure for me to have worked with Jason Ruddle for a number of years, initially as an executive of Gangnail Systems Ltd, and latterly as an Executive Director of Elecosoft. We very much appreciate his contribution to the success of Elecosoft during this time with us and wish him well in his new endeavour. Jason Ruddle has assured me that he will ensure a smooth handover of his management responsibilities at Elecosoft UK Ltd and this is much appreciated.

"Jonathan Hunter has made a significant contribution towards the growth of Elecosoft in recent years and I congratulate him on his appointment as Chief Operating Officer. As Director responsible for Group Marketing and Business Development, he was responsible for establishing Elecosoft(R) as a leading software brand both in the UK and in international markets; he was also involved in negotiating the successful acquisition of IconSystems. He is now Chairman of IconSystems (Integrated Computing & Office Networking Limited) and has also been appointed Chairman of Elecosoft UK Ltd, which will ensure management continuity, pending the appointment of a new Managing Director.

"Jonathan Edwards, appointed on the 1(st) April 2010, will also retire as a Non-Executive Director at the end of his term in office with effect from 31 December 2017 and we thank him for his Chairmanship of the Audit Committee, his wise counsel and his contribution to our affairs during his period of office."

   For further information please 
 Elecosoft plc                 
                                         Tel: 0207 422 0044 
  JHB Ketteley, Executive Chairman 
  Serena Lang, Non- Executive Deputy 
 finnCap Ltd 
                                        Tel: 0207 220 0500 
   Adrian Hargrave / Kate Bannatyne 
   (Corporate Finance) 
   Camille Gochez (Corporate Broking) 
   Redleaf Communications 
 Elisabeth Cowell / Fiona Norman        Tel: 0207 382 4730 

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.

This information is provided by RNS

The company news service from the London Stock Exchange



(END) Dow Jones Newswires

December 22, 2017 02:00 ET (07:00 GMT)

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