REG - Aferian PLC - Board Change

AferianAnnouncement

04/04/2023 17:15

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RNS Number : 3743V  Aferian PLC  04 April 2023

4 April 2023

 

 

AFERIAN PLC

 

("Aferian", the "Company" or the "Group")

 

Board Change

 

Aferian plc (LSE AIM: AFRN), the B2B video streaming solutions company, today
announces that Max Royde has been appointed to the Board as a Non-Executive
Director. Max Royde is a managing partner at Kestrel Partners, an investment
management company specialising in business-critical software companies, which
has a beneficial holding in Aferian of 22,781,891 shares or 26.12% of the
issued share capital of the Company.

 

Mark Wells, Non-Executive Chairman of Aferian said: "On behalf of the Board
and the entire Aferian team, I am pleased to welcome Max Royde to our Board.
Max has over 20 years' experience in the technology sector and brings a wealth
of expertise in supporting business-critical software companies like Aferian."

 

 

Additional information

 

The following information is being disclosed pursuant to Rule 17 and paragraph
(g) of Schedule 2 of the AIM Rules for Companies.

 

Matthew Max Edward Royde (51 years old) has been a director or partner of the
following companies during the five years preceding the date of the
announcement:

 

 Current directorships and/or partnerships     Past directorships and/or partnerships
 Kestrel Partners LLP                          Tialis Essential IT PLC
 Findlay Park Partners LLP                     Ingenta plc
 Elms Road Capital Limited                     Kestrel Investment Partners LLP
 Track Record Holdings Limited
 Trailight Ltd
 IQGeo PLC
 Charles Connell & Company (Holdings) Ltd
 CentralNIC Group plc

 

Save as set out above there are no further disclosures required pursuant to
Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies.

 

 

For further information please contact:

 

 Aferian plc                                                         +44 (0)1223 598197
 Donald McGarva, Chief Executive Officer

 Mark Carlisle, Chief Financial Officer

 Investec plc (NOMAD and Broker)                                     +44 (0)20 7597 5970
 David Anderson / Patrick Robb / Nick Prowting / Cameron MacRitchie

 FTI Consulting LLP (Financial communications)                       +44 (0)20 3727 1000
 Matt Dixon / Emma Hall / Tom Blundell

 

About Aferian plc

 

Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our
end-to-end solutions bring live and on-demand video to every kind of screen.
We create the forward-thinking solutions that our customers need to drive
subscriber engagement, audience satisfaction, and revenue growth.

 

It is our belief that successful media companies and services will be those
that are most consumer-centric, data driven and flexible to change. We focus
on innovating technologies that enable our customers to stay ahead of evolving
viewer demand by providing smarter, more cost-effective ways of delivering
end-to-end modern TV and video experiences to consumers. By anticipating
technological and behavioural audience trends, our software solutions empower
our customers to heighten viewer enjoyment, drive growth in audience share and
ultimately their profitability.

 

Aferian plc has two operating companies: 24i, which focusses on streaming
video experiences, and Amino, which connects Pay TV to streaming services. Our
two complementary companies combine their products and services to create
solutions which ensure that people can consume TV and video how and when they
want it. Our solutions deliver modern TV and video experiences every day to
millions of viewers globally, via our growing global customer base of over 500
service providers.

 

Aferian plc is traded on the London Stock Exchange's AIM stock market (AIM:
symbol AFRN). Headquartered in Cambridge, UK, the Company has over 350 staff
located in 11 offices, including in such major European cities
as Amsterdam, Helsinki, Copenhagen and Brno, as well as in San
Francisco and Hong Kong. For more information, please visit www.aferian.com
(http://www.aferian.com/) .

 

 

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