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MTEC Made Tech Group Plc

0.00 (0.00%)
28 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Made Tech Group Plc LSE:MTEC London Ordinary Share GB00BLGYDT21 ORD GBP0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.50 16.00 17.00 16.50 16.50 16.50 8,698 07:33:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Cmp Facilities Mgmt Service 40.25M -1.6M -0.0107 -15.42 24.63M

Made Tech Group PLC Appointment of new CFO and Board Changes (9963Y)

09/01/2024 7:00am

UK Regulatory

Made Tech (LSE:MTEC)
Historical Stock Chart

From Nov 2023 to May 2024

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RNS Number : 9963Y

Made Tech Group PLC

09 January 2024

9 January 2024


("Made Tech", the "Company" or the "Group")

Appointment of Chief Financial Officer


Board Changes

Made Tech Group plc, a leading provider of digital, data and technology services to the UK public sector, is pleased to announce that Neil Elton ACA will join the Group as Chief Financial Officer on 15 January 2024 and will join the Board of Directors on 1 February 2024.

Neil is an experienced finance professional with more than 18 years' experience as CFO of high-growth, publicly quoted companies. His most recent public company role was CFO at Learning Technologies Group Plc. He held this position for seven years, helping take the global educational technology business from a market cap of USD80m to USD2bn through a combination of organic and acquisitive growth. Prior to this role, Neil was CFO at the Science Group Plc (formerly Sagentia Group Plc) and Concateno Plc.

Debbie Lovegrove will step down as CFO on 15 January 2024 and from the Board of Directors on 31 January 2024. To ensure an orderly handover, Debbie will remain as a full-time adviser to Made Tech until the end of February 2024. The Board thanks Debbie for her contribution to the Group since IPO and wishes her every success in her next endeavours.

Rory Macdonald, Chief Executive Officer of Made Tech, said:

"I am delighted to welcome Neil to Made Tech. He has a wealth of experience in high-growth, technology companies, which will be invaluable to the Group, as we focus on the next phase of our growth and build on the progress achieved over the last few years."

Neil Elton, added:

"I look forward to joining Made Tech and to working with Rory and the team to successfully execute the business strategy and create long-term shareholder value."

Regulatory Disclosures

The following disclosures are required regarding Neil Elton's appointment to the Board, pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies (the "AIM Rules").

Neil Anthony Elton (aged 52) is currently, or has during the past five years been, a director of the following companies:

 Current directorships or partnerships   Previous directorships or partnerships 
        *    n/a                                *    E-Creators Pty. Limited 
                                                *    Epic Group Limited 
                                                *    Ethink Education Limited 
                                                *    eThink Education LLC 
                                                *    Eukleia Training Ltd 
                                                *    getBridge LLC 
                                                *    Gomo Learning Limited 
                                                *    Learning Technologies Group (Colombia) S.A.S. 
                                                *    Learning Technologies Group Holdings Limited 
                                                *    Learning Technologies Group Holdings (UK) Limited 
                                                *    Learning Technologies Group Kft. 
                                                *    Learning Technologies Group plc 
                                                *    Learning Technologies Group (Trustee) Limited 
                                                *    Learning Technologies Group (UK) Limited 
                                                *    Leo Learning Inc. 
                                                *    Leo Learning Limited 
                                                *    LTG PPT Nominees Pty Ltd. 
                                                *    LTG UK Mex SDRL 
                                                *    Netdimensions Asia Limited 
                                                *    Netdimensions (Australia) PTY Ltd 
                                                *    Netdimensions (China) Limited 
                                                *    Netdimensions Germany GmbH 
                                                *    Netdimensions (Holdings) Limited 
                                                *    Netdimensions (Holdings) UK Limited 
                                                *    Netdimensions Inc. 
                                                *    Netdimensions Limited 
                                                *    Netdimensions (UK) Limited 
                                                *    Peopleclick Limited 
                                                *    Peoplefluent Limited 
                                                *    Preloaded Limited 
                                                *    Reflektive, Inc. 
                                                *    Reflektive Labs Private Limited 
                                                *    Rustici Software LLC 
                                                *    The People Development Team Limited (PDT) 

Save as set out above, there is no further information to be disclosed in accordance with Schedule Two paragraph (g) of the AIM Rules.


 Made Tech Group plc                                                  via Belvedere PR 
  Rory MacDonald, CEO 
 Singer Capital Markets (Nominated Adviser & Broker)             Tel: +44 20 7496 3000 
  Jennifer Boorer / Harry Gooden / Asha Chotai 
 Belvedere Communications (Financial PR)               Email: 
  Cat Valentine                                                   Tel: +44 7715 769078 
  Keeley Clarke                                                   Tel: +44 7967 816525 

About Made Tech

Made Tech is a provider of digital, data and technology services, which enable central government, healthcare and local government organisations to digitally transform.

Made Tech's purpose is to "positively impact the future of society by improving public sector technology". To achieve this the company has four key strategic missions: Modernise legacy technology and working practices; Accelerate digital service and technology delivery; Drive better decisions through data and automation; and Enable technology and delivery skills to build better systems.

The Group operates from four locations across the UK - London, Manchester, Bristol and Swansea.

More information is available at .

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(END) Dow Jones Newswires

January 09, 2024 02:00 ET (07:00 GMT)

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