Utilitywise plc Directorate Change (2178O)

TIDMUTW

RNS Number : 2178O

Utilitywise plc

09 October 2012

9October 2012

Utilitywise plc

("Utilitywise" or the "Company")

Appointment of Michael Dent

Utilitywise, a leading independent utility cost management consultancy is pleased to announce the appointment of Michael Dent to the new role of Sales and Marketing Director. Mr Dent, who takes up his position in December of this year, will also join the PLC Board.

Michael joins from Total Gas & Power where he has worked since 2003, most recently as Director, Sales and Marketing. In this role he has been responsible for annual sales revenue of over GBP2 billion, with significant margin improvement, managing a team of circa 100 people. In particular he oversaw substantial growth in sales to SME's. In his previous role as Head of Strategic Sales he helped develop Total Gas & Power as a key supplier to the UK Government. Prior to this Michael spent six years with Northern Electric and Gas plc, which became part of RWE Npower.

Commenting on his appointment, Geoff Thompson, Chief Executive of Utilitywise, said: "Securing an individual of Michael's calibre is a real coup for Utilitywise and underlines the ambition that we have for this Company. He has an incredible track record of driving sales and margin growth and his knowledge and expertise in this sector will prove invaluable to our clients, staff and organisation."

Michael Dent stated: "Utilitywise has established an excellent reputation in a short space of time and I'm excited to be joining such a dynamic team. I've known the company for some time through its relationship with Total Gas & Power and been impressed with their levels of service and commitment to solving their clients' energy needs."

Michael Anthony Dent, aged 38, has no further information to be disclosed under schedule 2 (g) of the AIM rules.

For further information:

 
 Utilitywise PLC                                     0870 626 0559 
 Geoff Thompson, CEO 
  Adam Thompson, COO 
 Andrew Richardson, CFO 
 
 finnCap (NOMAD and broker)                          0207 220 0500 
 Matt Goode / Charlotte Stranner / Henrik Persson 
  (Corporate Finance) 
 Simon Johnson (Corporate Broking) 
 
 Hub Capital Partners Ltd                            020 7535 1710 
 Stephen Bourne 
 
 Newgate Threadneedle                                020 7653 9850 
 Josh Royston /John Coles/ Hilary Millar 
 

Notes to Editors

Utilitywise is a leading independent utility cost management consultancy based in South Shields, Tyne and Wear. The company has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from high street shops to multinationals with thousand of sites and cover the whole of the UK. In total, Utilitywise manages over 50,000 energy meters with an overall energy spend of approaching GBP200 million per annum.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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