Nakama Group Plc Directorate Change (3255J)

TIDMNAK

RNS Number : 3255J

Nakama Group Plc

27 June 2017

Nakama Group plc (AIM: NAK)

("Nakama" or "the Group")

Directorate Change

Nakama today announces the appointment of Tim Sheffield as Non-Executive Director of the Group. Tim has been a professional services advisor and business leader for the past 24 years and currently serves as Chairman of Sheffield Haworth Limited ("Sheffield Haworth") . He founded Sheffield Haworth in 1993 and is responsible for the leadership and strategic development of the business. Tim has advised chief executives, boards, executive committees and human resources directors on their senior talent needs, working with a diverse range of organisations across all regions of the world. He plays an active role in senior-level searches and manages a number of the firm's global client relationships. He is also co-founder of Empresaria Group PLC and served on the Board from 1996 to 2008. Tim moved into executive search in 1989 following a career on the Sydney, Chicago and London exchanges, trading exchange-traded derivatives. He studied Business and Finance at Anglia University. He is a UK committee member of the Association of Executive Search Consultants and a board trustee of the SMA Trust, a UK charity. Tim Sheffield is unrelated to Rob Sheffield, CEO of the Group.

On 27 June 2017 Sheffield Haworth acquired 28,430,000 Ordinary Shares in the Company representing a 24.1% holding in Nakama.

Rob Sheffield, CEO of Nakama said "I am delighted to welcome Tim Sheffield to the Nakama Board. Tim Brings with him a wealth of experience covering the staffing industry and working across multiple geographies. I feel his experience and understanding of our sector and technology will be a huge asset to the business.We see this as an opportunity to bring together complementary industry expertise and strengthen the board without creating a conflict of interests. Sheffield Haworth comes with expertise in the global search market and Nakama with expertise in developing the digital and technology markets. I see the exchange of IP benefitting both businesses in the long term. We look forward to working with Tim."

Tim Sheffield, chairman of Sheffield Haworth commented " Sheffield Haworth are delighted to have acquired a meaningful investment in Nakama Group PLC and we look forward to supporting their management team to re-establish the long term potential of Nakama as a growing and exciting Aim listed company. We are particularly interested in Nakama's strong market position and international expertise within the Financial technology, digital, data science media and marketing space, areas that we think have significant long term growth potential".

Further information concerning Tim John Digby Sheffield, aged 50

Current Directorships:

Sheffield Haworth Limited

NBI Human Capital Limited

Objectivus Financial Consulting Ltd

Nigel Sheffield Investments Limited

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

Enquiries:

 
 Nakama Group plc            www.nakamaglobal.com 
  Rob Sheffield, CEO          Tel: [phone] 
  Angus Watson, CFO           Tel: [phone] 
 WH Ireland Limited 
  Paul Shackleton (NOMAD)      Tel: [phone] 
  David Kilbourn (Broking) 
 Peckwater PR                Tel: [phone] 
  Tarquin Edwards             [e-mail] 
 

NOTES TO EDITORS

About Nakama Group plc

Nakama Group plc is a recruitment group of two branded solutions placing people into specialist and management positions;

-- Nakama operates in the digital, creative, media, marketing and technology sectors all over the world from offices in the UK, Asia and Australia and North America.

-- The Highams brand specialises in the Financial Services sector, specifically Business Change and IT in Insurance and Wealth Management currently in the UK and Europe.

Nakama Group plc was created in October 2011 through the acquisition of Nakama Ltd UK and its subsidiaries in Hong Kong, Sydney and Melbourne by AIM listed Highams Systems Services Group plc.

Since forming in 2011, the Group has opened offices in Singapore and New York for Digital, Creative, Media and Marketing.

Our aim is to offer all our services from both our brands in all our locations.

This information is provided by RNS

The company news service from the London Stock Exchange

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June 27, 2017 09:43 ET (13:43 GMT)