REG-Acuity RM Group Plc: Statement re Business and Directorate

Acuity RMAnnouncement

13/06/2025 10:45

13 June 2025

 

Acuity RM Group plc

("Company" or "Group")

 

 Update on the Business and Directorate

 

 

Acuity RM Group plc (AIM: ACRM), the software group focused on cybersecurity,
which supplies its award-winning risk management STREAM® software platform
for the Governance, Risk and Compliance ("GRC") market announces an update on
business developments in 2025 and changes to directors' roles and conditions.

 

In summary key developments are:

 

Market - cybersecurity sector

The Group has refocused on cybersecurity, a growth market where STREAM® can
demonstrate technical excellence and long term competitive advantages.  In
2025 there have been many high profile cybersecurity breaches with
demonstrable costs, reinforcing our conviction that the market opportunity for
STREAM® is developing further.

 

At the start of the year the sales pipeline was spread across a wide range of
risk management areas, where our expertise in cybersecurity risks carried
relatively little weight. It has been purged and is being  rebuilt and is now
focused on appropriate opportunities in the cybersecurity space. Acuity had a
stand at the Infosec trade show held the week commencing 2 June.  It
generated significant interest and a record number of actionable leads for
Acuity at a trade show.

 

Efficiencies and financials

There have been changes to improve efficiencies in all areas; for example the
new marketing processes include an AI element which, based on their activity,
harvests organisations' interest to invest in cybersecurity solutions.  This
should increase sales productivity by reducing the time from the point an
opportunity is created to date of order, and should increase the pipeline
conversion ratios. We are being supported in this work by a US consultancy
firm whose founder has achieved impressive results growing other SaaS
businesses.  They elected to take part of their fee in equity to share in the
expected returns that success should bring.

 

There has been a review of pricing and charges with changes made to
appropriately charge customers for benefits delivered, to reward partners for
sales achieved and to increase appeal at the starter level.

 

A range of other measures have been taken to improve the finances of the
business.  This includes a review of costs. £400,000 pa of savings have been
made to date with a further £300,000 pa estimated to be delivered by the year
end.

 

Chairman Role

 

As part of the changes, from the start of June the role of Chairman has
reverted to being a non-executive role, at a salary of £60,000 pa of which
one sixth will be deferred until 31 December 2025. It will include
responsibility for identifying and delivering complementary acquisitions. The
other two non-executives remain on salaries of £15,000 pa and these are
entirely deferred until 31 December 2025.  Deferred pay at 31 December net of
taxes will be invested in the Company's shares.

 

Angus Forrest, Chairman, commented; "Since he started David has made major
changes to improve the Group's performance. Although it is only five months,
most of David's initiatives have begun to deliver the expected enhancements. 
The focus of the business on new marketing is developing well and we have
several new business contracts in negotiation.  There is a renewed focus on
financial performance and we have implemented a major cost reduction
programme.  There is still much to do but the market opportunity for
management of cybersecurity risk and GRC is large and growing strongly, so we
expect to be able to report significant progress towards cash generative
trading at the end of 2025."

 

 

 For further information please contact:                                 
 Acuity RM Group plc                      https://acuityrmgroup.com      
 Angus Forrest David Rajakovich           +44 (0) 20 3582 0566           
 Zeus (NOMAD & Broker)                    https://www.zeuscapital.co.uk  
 Mike Coe / James Bavister                +44 (0) 20 3829 5000           
 Peterhouse Capital (Joint broker)                                       
 Lucy Williams / Duncan Vasey             +44 (0) 20 7469 0936           
 Clear Capital (Joint broker)                                            
 Bob Roberts                              +44 (0) 20 3869 6080           

 

Note to Editors

Acuity RM Group plc

Acuity RM Group plc (AIM: ACRM), is an established provider of risk management
services with particular relevance in cybersecurity applications.  Its
award-winning STREAM® software platform collects and analyses data to improve
business decisions and management is used by clients operating in markets
including government, defence, broadcasting, utilities, 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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