REG - Aferian PLC - Board Change

AferianAnnouncement

22/04/2024 07:00

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RNS Number : 4133L  Aferian PLC  22 April 2024

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

22 April 2024

 

AFERIAN PLC

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

Board Change

Aferian plc (LSE AIM: AFRN), the B2B video streaming solutions company,
announces that, following fourteen years of service, Donald McGarva will step
down from his role as CEO and leave the Company in October 2024. The Board
would like to take this opportunity to thank Donald for his contribution to
the Company and wish him well for the future.

A review of the composition of the Board is underway and the Company will make
a further announcement once this has been completed.

The person responsible for the release of this announcement on behalf of the
Company for the purposes of MAR is Mark Carlisle, Chief Financial Officer.

 

-ENDS-

 

For further information please contact:

 Aferian plc                                    +44 (0)1954 234100
 Mark Wells, Chairman

Donald McGarva, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

 Investec Bank plc                              +44 (0)20 7597 5970
 David Anderson / Patrick Robb / Nick Prowting

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 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 is located in 11
offices, including 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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