Glantus Holdings PLC Directorate Change (1293J)

TIDMGLAN

RNS Number : 1293J

Glantus Holdings PLC

09 December 2022

09 December 2022

Glantus Holdings plc

("Glantus" or the "Company")

Directorate Changes

Glantus (AIM: GLAN), the provider of Accounts Payable ("AP") automation and analytics solutions, today announces proposed changes to its Board membership.

For personal reasons, Gráinne McKeown, Chief Financial Officer, has stepped down from the Board and has now left the Company. Diane Gray-Smith, current Executive Director, who joined the Board in May 2021 at IPO, will move into the role of interim Chief Financial Officer ("CFO"), effective immediately. The process for recruiting a full time CFO has begun and we will update the market in due course

Diane has over 27 years of experience and a strong track record of leading the finance function within global organisations in the technology innovation space and has worked with businesses across a range of sectors, including the Financial Services and Media sectors. Prior to joining Glantus, Diane was global CFO for TradeIX and executive vice president and global CFO for Uphold Inc.

Glantus is also pleased to announce that Thomas Brooke is joining the Board as an independent Non-Executive Director, effective immediately. Thomas is a business-focused attorney with over 20 years' experience, representing a diverse group of high-tech companies in the UK, EU and LATAM markets. Currently Thomas is Head of Legal at Stori, a fast-growing credit card issuer and fintech serving in LATAM.

Maurice Healy, CEO, commented: "On behalf of the Board, I wish to thank Gráinne for her valuable contribution as CFO for the past five years. Her wealth of experience played a pivotal role in seeing Glantus through its IPO and has laid the foundations for our future growth. We wish her the best in all future endeavours.

"I am delighted that Diane is stepping into the role of interim CFO. During her short time at Glantus she has already made a huge impact. Her experience in finance roles in a multitude of sectors will prove invaluable to Glantus as the Company continues to evolve. The Board looks forward to continuing working with Diane in her new capacity.

"I wish to also extend a warm welcome to Thomas, who is joining us as an independent Non-Executive Director. His vast experience of advising on the legal framework of financial services companies will be hugely valuable to our business. We look forward to working with Thomas in his role on the Board."

The following information is disclosed pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies.

The names of all companies and partnerships of which Thomas Brooke, aged 60, is, or has been a director or partner at any time in the previous five years are set out below:

 
 Current directorships or partnerships   Previous directorships or partnerships 
 JRB Law LLP                             None 
  Groupees LLC 
                                        --------------------------------------- 
 

Thomas Brooke currently has no shareholding within the Company.

There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.

Enquiries:

 
 Glantus Holdings 
 Maurice Healy, CEO 
  Diane Gray Smith, interim CFO 
  [e-mail]                             + 353 86 2677800 
 Shore Capital 
 Nominated Advisor and Broker 
  Patrick Castle / John More / Tom Knibbs 
  (Corporate Advisory)                       + 44 207 408 
  Andrew Beswick (Corporate Broking)          4090 
 Yellow Jersey PR 
 Charles Goodwin 
  Lilian Filips                              [phone] 
  Annabelle Wills                             221 
 

About Glantus Holdings plc

Glantus Holdings (AIM: GLAN) Glantus is a global provider of accounts payable automation and analytics solutions. Glantus' mission is to harness technology to drive innovation, unlocking efficiencies in AP to maximise working capital for global enterprise organisations. The award-winning Glantus DataShark Platform connects all AP systems and suppliers on one agile platform, eliminating cost and delivering new revenue streams. We work in tandem with our partners to deliver joint enterprise digital transformation solutions. For

more information see     glantus.com   . 

Founded in 2014 and headquartered in Dublin, Glantus has offices in the United States, United Kingdom, Poland and Costa Rica, employing over 120 people.

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December 09, 2022 02:00 ET (07:00 GMT)