essensys PLC Board Changes (6899L)

TIDMESYS

RNS Number : 6899L

essensys PLC

17 May 2022

17 May 2022

essensys plc

("essensys" or the "Group")

Board changes

Sarah Harvey joins as CFO, Alan Pepper moves to COO role

Further to the announcement on 3 February 2022, essensys plc (AIM:ESYS), the leading global provider of mission critical software-as-a-service (SaaS) and technology platforms to the flexible workspace and commercial real estate industries, confirms that on 16 May 2022 Sarah Harvey joined essensys' board of directors (the "Board") as Chief Financial Officer ("CFO") of the Group.

Sarah joins from Virgin Media O2, where she most recently held the role of Operations Finance Director. She is an experienced finance professional, having qualified as a Chartered Accountant in 2002 with PwC, and latterly was a Director in their Transaction Services, Capital Markets team, leading all aspects of listed company transactions including acquisitions, disposals, IPOs and fund-raisings. She has spent the last five years in a number of senior roles within Telefonica UK (now Virgin Media O2), including as Commercial Finance Director and two years as Chief Financial Officer of giffgaff where she oversaw significant revenue and profit growth.

Alan Pepper, previously Chief Financial Officer and Chief Operating Officer, has now assumed the newly created stand-alone role of Chief Operating Officer ("COO"). Alan remains a member of the Group's board of directors.

Jon Lee, Non-Executive Chairman of essensys, said:

"I am delighted to welcome Sarah Harvey to the executive team at essensys. Sarah's appointment and Alan Pepper's move into the new stand-alone COO role concludes the evolution of our senior management team, creating capacity to fulfil the growth ambitions we set out at the fundraising in July 2021. Sarah brings a wealth of relevant expertise and is extremely well qualified to oversee the continued financial management of the Group."

For further information, please contact:

 
                                                   [phone] 
essensys plc                                                 5252 
Mark Furness, Chief Executive Officer 
Alan Pepper, Chief Operating Officer 
 Sarah Harvey, Chief Financial Officer 
 
Singer Capital Markets (Nominated Adviser          [phone] 
 and Joint Broker)                                           3000 
Peter Steel / Harry Gooden / George Tzimas 
 
                                                   [phone] 
Berenberg (Joint Broker)                                     7800 
Ben Wright / Mark Whitmore / Richard Andrews 
 
FTI Consulting 
Jamie Ricketts / Eve Kirmatzis / Talia Jessener    [phone] 
 / Victoria Caton                                            1000 
 

About essensys plc

essensys is a leading global technology company for commercial real estate. Our platform is designed to solve the problems faced by today's modern office landlords and flex workspace providers, providing the intelligent digital backbone that enables the real-time provisioning of digital services through intelligent network automation.

essensys delivers a simple, secure and scalable solution that helps our customers to create digitally enabled buildings and spaces portfolio-wide, to deliver seamless experiences, and realise smart building and ESG ambitions. We simplify network management, reduce operational complexity, provide enterprise-grade security, deliver on-demand digital services and access the data and insights to drive success.

Founded in 2006, and AIM-listed on the London Stock Exchange since 2019, essensys is active in the UK, Europe, North America and APAC.

Additional disclosures required under Rule 17 and Schedule 2(g) of the AIM Rules for Companies

Sarah Lesley Harvey (previously Sarah Lesley Mason) (aged 46) does not hold any current directorships or partnerships nor have any previous directorships or partnerships been held in the past five years.

Sarah Harvey currently holds 19,101 ordinary shares in essensys, equal to 0.03% of the Group's issued share capital.

There are no additional disclosures required under Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

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May 17, 2022 10:04 ET (14:04 GMT)