REG-Acuity RM Group Plc: Board Changes

Acuity RMAnnouncement

13/12/2024 12:45

13 December 2024

Acuity RM Group plc

('Company')

Board changes

The Board of Acuity RM Group plc (AIM: ACRM) announces that David Rajakovich,
who joined as a non-executive director of the Company on 4 November 2024 has
been appointed as Chief Executive of the Company and of Acuity Risk Management
Ltd (“Acuity”), the Company’s wholly owned operating subsidiary, with
immediate effect. 

David Rajakovich built a successful company from an early stage, navigating it
through two highly successful private equity transactions. Each exit
demonstrated exceptional value creation and delivered substantial returns for
its shareholders.  He was Chief Executive of Skill Dynamics, a PE-backed
company including Belgian entities SiPM bvba, and SiPM NV as well as
UK-registered entities including Skill Dynamics Ltd, which previously traded
under the name Procurement and Supply Chain Academy.  Under his leadership,
Skill Dynamics grew revenues profitably from EUR 0.5m to approaching EUR 10m
over 9 years delivering digital training solutions to over 250 blue-chip
clients in many countries around the world including North America, most
western European countries, China, Japan and other Asian nations. reshaping
how organisations approach professional skill development. His professional
expertise spans the full spectrum of B2B SaaS organisations, from web
application development to product management, sales, and marketing. This
versatility is complemented by a global perspective—having lived and worked
across three continents and speaking Spanish fluently, one of David’s
strengths is cultivation of cross-cultural collaboration.

David’s role at Acuity replaces Kerry Chambers who will leave the board with
immediate effect.  In her three years with the organisation, most recently as
its Chief Executive, Kerry oversaw substantial growth and development to
prepare for Acuity’s future growth. She will be available to the Company for
a handover period of up to six months to ensure a smooth transition.

Angus Forrest said, “We are delighted that David has agreed to step up from
his non-executive role to become Chief Executive, we believe David is the
right appointment to lead the Company and drive the business to the next stage
and accelerate the growth.  We thank Kerry for her contribution over the past
three and a half years including growing the business and putting in systems
for further growth and we wish her well for her future career.”

For further information:  

 Acuity RM Group plc                                                    020 3582 0566                  
 Angus Forrest, Chairman                                                https://www.acuityrmgroup.com  
 Zeus (NOMAD & Joint Broker)                                            https://www.zeuscapital.co.uk  
 Mike Coe                                                               020 3829 5000                  
 Peterhouse Capital Limited (Joint Broker)Lucy Williams / Duncan Vasey  020 7469 0936                  
                                                                                                       
 Clear Capital Markets Limited (Joint Broker)Bob Roberts                020 3869 6080                  

Note to Editors

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management
services. Its award-winning software platform, STREAMÔ, which collects and
analyses data about organisations to improve business decisions and
management, is currently used by around 70 organisations in markets including
government, utilities, defence, broadcasting, manufacturing and healthcare.

The Company is focused on delivering long term, sustainable growth in
shareholder value from organic growth and complementary acquisitions.



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