Iomart Group PLC Directorate Changes (2266A)

TIDMIOM

RNS Number : 2266A

Iomart Group PLC

23 May 2023

23 May 2023

iomart Group plc

("iomart" or the "Group" or the "Company")

Directorate Changes

iomart Group plc (AIM: IOM) the cloud computing company, is pleased to announce the appointments of Dr. Annette Nabavi and Adrian Chamberlain as Independent Non-Executive Directors of the Company . Annette's appointment will start on 25 May 2023 and she will be appointed Chair of the Remuneration Committee from 1 June 2023. Adrian's appointment, as Senior Independent Non-Executive Director of the Company, will start from 1 June 2023. Following six years on the Board, Richard Masters, Non-Executive Director will not stand for re-election at the forthcoming Annual General Meeting in September 2023 and will leave the Board at that time.

Annette brings over 30 years of experience in operational and advisory roles in the technology sector including significant expertise in driving growth through acquisition and partnerships. Annette currently sits on the board of Eleco plc, an AIM listed software company, and serves as the Chair of its Remuneration Committee. She has held several Non-Executive Director roles, including a seven-year tenure at AIM listed Maintel Holdings Plc, a cloud and managed services company, where she also chaired the Remuneration Committee. She has substantial experience in the area of Remuneration through her involvement with the Quoted Companies Alliance (QCA), where she supported the update to the Remuneration Committee Guide. Annette is Finance Director for Women in Telecoms and Technology, a Not-for-Profit organisation.

Adrian has considerable experience across the technology and telecoms sector, having spent a significant period of his executive career with Cable & Wireless plc before becoming CEO of Message Labs and then Achilles, both cloud-based SaaS businesses. He has substantial experience in strategy formulation, growing turnover and establishing presence in new markets. Adrian is a Non-Executive Director on the board of Alfa Financial Software Holdings plc, a listed global software provider, a Non-Executive and Senior Independent Director at Cambridge University Hospitals NHS Foundation Trust and was, until recently, the Chair of the Board of eConsult Health Ltd, a cloud-based SaaS business in the healthcare sector.

Lucy Dimes, Chair of iomart Group plc, commented:

"I am delighted to welcome Adrian and Annette to the Board of iomart. Their considerable experience in the technology services sector will be extremely valuable to us as we continue to execute our growth strategy. I very much look forward to working with them.

"I would like to thank Richard Masters for his immense contribution and commitment to iomart Group plc over the past six years, and to wish him all the very best for the future."

Adrian Chamberlain , incoming Non-Executive Director, commented:

"I am very pleased to be appointed as the Senior Independent Director of the iomart Board. I have been consistently impressed by the vision, ambition and potential of iomart during the appointment process. I look forward to contributing to the successful implementation of iomart's growth strategy."

Annette Nabavi, incoming Non-Executive Director, commented:

"I am pleased to be joining the iomart Board as it implements its strategy. I look forward to sharing my knowledge and experience of growth companies in this sector to underpin and support this strategy going forward."

The following information is disclosed in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies:

 
 Adrian Chamberlain 
 Full name and age:               Adrian Chamberlain, 66 
 Current Directorships:           Alfa Financial Software Holdings 
                                   plc 
                                   Cambridge University Hospitals NHS 
                                   Trust 
 Former Directorships (previous   eConsult Health Limited 
  5 years):                        UPP Technologies Group Ltd 
                                   Onapp (Topco) Limited 
                                   Volex plc 
                                   Mymed Ltd 
 

Adrian does not currently hold any shares, or any interest over shares, in the Company.

 
 Annette Nabavi 
 Full name and age:               Annette Patricia Nabavi (formerly 
                                   Annette Lane), 71 
 Current Directorships:           Eleco plc 
                                   Women in Telecoms and Technology 
                                   (WITT) Limited 
 Former Directorships (previous   EFI Group Ltd 
  5 years):                        Gemserv Limited 
                                   The Association of Independent Professionals 
                                   and Self Employed Limited 
                                   Maintel Holdings plc 
                                   Anchusa Consulting Ltd 
 

Annette does not currently hold any shares, or any interest over shares, in the Company.

There is no further information required to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information:

 
 iomart Group plc                                  Tel: 0141 
                                                    931 6400 
 Reece Donovan, Chief Executive Officer 
 Scott Cunningham, Chief Financial Officer 
 Investec Bank PLC (Nominated Adviser and Joint    Tel: [phone] 
  Broker)                                           4000 
 Patrick Robb, Virginia Bull, Nick Prowting 
 
 Alma PR                                           Tel: [phone] 
                                                    0205 
 Caroline Forde, Hilary Buchanan, Joe Pederzolli 
 

About iomart Group plc

iomart Group plc (AIM: IOM) is a cloud computing and IT managed services business providing hybrid cloud infrastructure, network connectivity, security, and digital workplace capability. Our mission is simple: to make our customers unstoppable by enabling them to connect, secure and scale anywhere, anytime. From our portfolio of data centres we own and operate across the UK to connected sites around the world, our 400-strong team can design and deploy the right cloud solution for our customers.

   For further information about the Group, please visit   www.iomart.com 

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May 23, 2023 02:00 ET (06:00 GMT)