REG - Actual Experience - Appointment of Chief Executive Officer

Actual ExperienceAnnouncement

26/05/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230526:nRSZ7300Aa&default-theme=true

RNS Number : 7300A  Actual Experience PLC  26 May 2023

26 May 2023

Actual Experience plc
(the "Company" or "Actual Experience")

Appointment of Chief Executive Officer

Actual Experience plc (AIM: ACT), the analytics-as-a-service company, is
pleased to announce that Iain McCready has been appointed as Chief Executive
Officer (CEO) and will join the board of the Company (the "Board") as an
Executive Director with effect from 1 June 2023, subject to the completion of
customary due diligence being carried out by the Company's Nominated Adviser.

Mr McCready has extensive experience in the technology sector, with particular
focus on driving revenue growth in early-stage innovative companies, providing
strategic and operational leadership, and developing strong business
relationships with both partners and customers. Most recently, Iain was Chief
Operating Officer of Quorum Cyber, an award-winning cyber security company,
and prior to that was CEO of Cortexica Vision Systems and several other
innovative software companies.

Kirsten English, Executive Chair of Actual Experience, commented:

"I am delighted to welcome Iain to the Company as CEO and executive member of
the Board. Actual has achieved a major turnaround in the last year, and we
must build on this momentum. The company is now at a stage where we need an
experienced operator with an excellent track record of taking companies to the
next stage of their growth. Iain has a strong history of building value for
shareholders. I would also like to express thanks to Steve Bennetts who has
guided the company, as Interim CEO and CFO, during this transformative phase.
Steve will revert to being CFO in June."

Iain McCready commented:

"I see a strong market opportunity for Actual Experience's recently launched
Digital Workplace Management Platform and am delighted to be joining the team
to establish the business as a recognised technology leader in this emerging
market. With commentators such as Gartner confirming that Digital Employee
Experience (DEX) will become one of the key areas of enterprise technology
investment, this is the moment to capitalise on the strong foundations that
have been laid in the last 18 months of the company's transformation. With
promising early market feedback already collected, I'm excited for Actual's
future."

 

Information regarding the appointment of Iain McCready as required under Rule
17 and Schedule 2(g) of the AIM Rules for Companies will be announced at the
time that Mr McCready joins the Board on 1 June 2023.

 

Enquiries:

                                                  Tel: +44 (0)207 129 1474

 Actual Experience plc

 Steve Bennetts, Chief Financial Officer

 Singer Capital Markets Advisory LLP              Tel: +44 (0)207 496 3000

 Shaun Dobson

 James Fischer

 Turner Pope Investments (TPI) Ltd                Tel: + 44 (0)203 657 0050

 James Pope

 Andy Thacker

 Flagstaff Strategic and Investor Communications  Tel: +44 (0)207 129 1474

 Tim Thompson                                     actual@flagstaffcomms.com

 Mark Edwards

 Andrea Seymour

 Anna Probert

 

 

About Actual Experience

Actual Experience's goal is to make the digital world work for everyone,
everywhere, all of the time. As the working world evolves post-pandemic, the
global shift to a flexible hybrid model has brought with it a significant
challenge; how do businesses create an environment that gives their people
what they need to thrive, whilst protecting the commercial efficiency of the
business and driving growth at the same time?

 

For further information please visit www.actual-experience.com
(http://www.actual-experience.com/)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCDELFLXELLBBB