REG-Acuity RM Group Plc: Directorate Change

Acuity RMAnnouncement

23/06/2023 07:15

23 June 2023

Acuity RM Group plc 

('Company')

Board changes

The Board of Acuity RM Group plc (AIM: ACRM) announces that Simon Marvell will
retire as CEO of Acuity Risk Management Ltd (“Acuity”), the Company’s
wholly owned operating subsidiary, on 30 June and will not stand for election
as director of the Company at the Annual General Meeting to be held on 27 June
2023.   Kerry Chambers, the current COO of Acuity, has been selected as
Simon’s successor and will be appointed as a director of the Company and the
CEO of Acuity on 3 July 2023.

Simon Marvell will retire from full time employment.  However, Simon will
continue as a non-executive director of Acuity and be engaged as a consultant
to continue to provide advice and other inputs into accelerating the success
of Acuity.

Kerry Chambers will become CEO of Acuity and a director of the Company on 3
July 2023.  Kerry joined Acuity in April 2021 as Commercial Director before
being promoted as the Acuity’s COO in April 2023.  She has been responsible
for all sales, marketing and related activities.  In her time marketing has
been brought in house, a new sales team recruited, a new strategic plan with a
partnership programme to expand in North America, which represents 45% of the
world market.  In the two years since Kerry joined all the key performance
indicators have shown continuing improvement. 

Angus Forrest said “I would like to thank Simon for his past work and look
forward to his continuing involvement and contribution.  Over the past two
years working together we have achieved a great deal of change strengthening
the management of the business and improving every metric.  Simon is an
expert on risk management having built his skill over more than 35 years.  He
has founded two risk management businesses and is well known in the
industry.  We look forward to working together and retaining his knowledge
and expertise in his new role.”

“Kerry has demonstrated her skills and proved an excellent leader of sales,
marketing and commercial activities over the past two years, we are delighted
to announce her promotion to CEO and look forward to working with her as she
leads the business in the next exciting phase of its growth.”

The following information is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with
the appointment of Kerry Louise Chambers (nee Williams and Mudditt) aged 50,
to the Board of the Company. Details of Kerry’s directorships are set out
below.  She holds  674,555  ordinary shares in the Company and no options
in the Company.

 Current directorships                                           Past directorships held within the last five years                 
 Acuity Risk Management Limited                                  Resera Consulting Limited                                          
                                                                                                                                    
 For further information please contact:                                                                                            
 Acuity RM Group plc                           www.acuityrmgroup.com                                                                
 Angus Forrest                                 +44 (0) 20 3582 0566                                                                 
                                                                                                                                    
 WH Ireland (NOMAD & Broker)                   www.whirelandplc.com/capital-markets                                                 
 Mike Coe / Sarah Mather                       020 7220 1666                                                                        
 Peterhouse Capital Limited Joint broker                                                                                            
 Lucy Williams / Duncan Vasey                  020 7469 0936                                                                        
 Clear Capital Markets Limited (Joint Broker)   020 3869 6080                                                                       
  Andrew Blaylock                                                                                                                   
                                                                                                                                    

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), previously known as Drumz plc, is an
established provider of risk management services. Its award-winning STREAM®
software platform, which collects data about organisations to improve business
decisions and management. It is 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. In the short to medium term this is expected to come from
organic growth and thereafter may also come from complementary acquisitions.



Copyright (c) 2023 PR Newswire Association,LLC. All Rights Reserved