REG - Croma Sec. Sol. Grp - Directorate Change

Croma Security SolutionsAnnouncement

23/10/2025 07:00

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RNS Number : 4574E  Croma Security Solutions Group PLC  23 October 2025

23 October 2025

Croma Security Solutions Group Plc

("CSSG", "Croma", "the "Company" or the "Group")

Appointment of New Chairman and Non-Executive Director

Croma Security Solutions Group plc (AIM:CSSG) is pleased to announce the
appointment of John Wakefield as Non-Executive Chairman and Andy Wonnacott as
Non-Executive Director. Both appointments commence with effect from 1 November
2025.

John Wakefield

John is an experienced corporate adviser, fundraiser and company director with
an extensive background in advising and growing AIM-quoted and private
companies. Having qualified as a solicitor, he moved into corporate finance.
He was a founder director and head of corporate finance at Rowan Dartington
and was a corporate finance director at WH Ireland from 2009 to 2016. He has
been a member of the AIM Advisory Group, chairman of the London Stock Exchange
Regional Advisory Group for the South West and chairman of South West Angel
and Investor Network Limited (SWAIN) from 2008 until 2016.

John has a deep understanding of the regulatory environment and deal
structuring. He was formerly non-executive Chairman of Sunda Energy plc and is
a Senior Independent Non-Executive Director at each of Petards Group plc and
Acuity RM Group plc.

Andy Wonnacott

Andy is a Chartered Accountant with over 20 years' board-level experience on
AIM and Main Market listed, as well as private equity-backed companies. He has
held senior finance roles including Group Finance Director and Company
Secretary at Petards Group plc and IGG Component Technology, and was formerly
with EY in audit and M&A. Andy is currently Principal at Libratum
Partners, providing commercial and M&A advisory services to public and
private companies. He brings significant expertise in financial reporting,
fundraising, governance and delivery of strategic growth in the defence,
engineering and technology sectors.

Roberto Fiorentino, CEO of Croma Security Solutions Group plc, commented:

"We are delighted to welcome Andy and John to the Board. Both bring a wealth
of experience in finance, governance and developing growth companies. John has
also agreed to head our remuneration committee, and Andy will take over
responsibility of Chairing our audit committee. I am confident they will be
strong additions to our business and are well placed to support our goal of
significantly expanding the Croma Group."

 

John Wakefield, aged 71, currently holds the following other directorships,
and holds no ordinary shares or options in the Company.

 Current directorships  Past directorships held within the last five years
 Acuity RM Group Plc    Sunda Energy Plc

 Petards Group Plc      Brinsea Products Limited

 Esstar Limited         Ovation Finance Limited

                        The Eternal Business Consultancy Ltd

Andy Wonnacott, aged 62, currently holds the following other directorships,
and holds no ordinary shares or options in the Company.

 Current directorships      Past directorships held within the last five years
 Libratum Partners Limited  Fentiman Consultants Limited

There is no other information that is required to be disclosed pursuant to
Schedule 2 paragraph (g) or Rule 17 of the AIM Rules for Companies.

 

 

 

For further information visit www.cssgroupplc.com or contact:

 

Croma Security Solutions Group Plc
                                          Tel:
+44 (0)1489 566 166

Roberto Fiorentino, CEO

Teo Andreeva, CFO

 

Zeus
 
              Tel: +44 (0)207 220 1666

(Nominated Adviser and Broker)

Mike Coe

James Bavister

 

Novella
 
          Tel: +44 (0)203 151 7008

Tim Robertson

Safia Colebrook

 

Notes to editors:

 

Croma Security Solutions is an expanding technology led security solutions
provider with over 50 years of specialist experience, delivering high-quality
security solutions across locksmith, fire and security services for both
domestic and commercial environments. The Groups network currently stands at
17 security centres, stretching from its headquarters in Southampton, across
the Midlands and up to the Northwest. Croma services a range of sectors
including health, education, leisure and entertainment, and utilities, and is
trusted by national brands, including multiple NHS Trusts, with their complex
security needs.

 

Croma's growth strategy is focused on establishing a national security
network. In 2023, it sold its man-guarding business Vigilant for £6.5m, which
has provided the capital to fund the expansion of the business. Croma is a
proven acquirer of local, traditional locksmith businesses, which are
developed into its network of modern security centres, offering both total
security solutions and locksmith services to retail and commercial customers.
The new security centres benefit from extended product ranges, centralised
group services, and both a local and national customer base. Since the sale in
2023, Croma has added new businesses to its network, and has a strong pipeline
of further locksmiths stores to be acquired into the network.

 

Croma is listed on the AIM market of the London Stock Exchange. Founded in
1970, it is headquartered in Southampton and has over 90 employees.

 

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