Directorate Changes
06/01/2023 07:00
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RNS Number : 9199L Zamaz PLC 06 January 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT
TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK
MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS
DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
6 January 2023
Zamaz plc
("Zamaz" or the "Company")
Directorate Changes
Zamaz plc, the London-based international e-commerce and retail technology
aggregator of sustainable brands, announces the following Board changes.
Mr Christopher Hill, currently CEO,will be stepping down from the Board at the
Company's Annual General Meeting ("AGM") to be held on 31 January 2023. He
will continue to work with the Company in a role to focus on sourcing and
acquiring retail and e-commerce businesses and brands. The Board would like to
thank Mr Hill for his major contribution to the Company's listing on the Main
Market of the London Stock Exchange and look forward to working with him in
his new role.
Daniele Besnati, currently COO, will take over Mr Hill's responsibilities.
Also at the AGM, Mr Dominic White and Dr Niccolo' Caderni will be proposed to
join the Board as Non-Executive Directors, with Dr Caderni as Independent Non
Executive Director. Subject to shareholders' approval, Mr White and Dr
Caderni will assume their roles on 31 January 2023.
Dominic White is the Company's largest beneficial shareholder and was
previously Chairman of the Company from its formation in 2019 until November
2021. Mr White is a member of the Institute of Financial Analysts; he has over
25 years' experience in the investment sector and has held Board level
investment positions at a number of international institutions including
Security Capital, European Realty, Henderson Global Investors and Cordea
Savills Investment Management. He is currently Chairman of Eight Capital
Partners plc, an international tech-orientated financial services group listed
on the AQSE Growth Market.
Following an academic career in Astrophysics at the Universities of Cambridge,
California and Chicago, Dr Niccolo' Caderni has since established a life-long
practice in the financing and management of innovation and creativity. He has
covered senior executive roles with Bankers' Trust, Phillips Fine Art
Auctioneers and the Bentinck Thyssen Family Office, and has served on the
Board of the Centre for European Policy Studies in Brussels. In 1999 he
co-founded IPG, an incubator focusing on the delivery of digitalcontent and
was later elected Chairman of Webiz BV, the Private Equity fund of Italian
utility giant, ENEL. Currently, Dr Caderni holds a portfolio of advisory and
non-executive roles, chiefly in digital transformation and life sciences, is a
member of the European Institute of Technology Culture and Creativity
Supervisory Board, and is the Chairman of RAFT, a leading medical research
charity and a Trustee of the Chelsea Accademy Foundation.
Commenting on the Board changes, Zamaz Chairman, Martin Groak said:
"On behalf of everyone at Zamaz, I would like to thank Chris for his services
as a Director of the Company, and, from a personal perspective, for his
tremendous contribution during the listing process. We look forward to working
with him in his new role.
"I am also delighted that Dominic and Niccolo` have been proposed to join the
Board as Non-Executive Directors. To have their combined financial, academic
and entrepreneurial skills would be of great benefit to the Company in this
pivotal period as we develop our brand and product portfolio and create
value added opportunities for investors."
The Director taking responsibility for this announcement is Martin Groak,
Chairman
- Ends -
Enquiries:
Zamaz plc www.zamaz.tech
Martin Groak, Chairman c/o Walbrook PR Limited
Walbrook PR Limited
Paul Vann/Nick Rome/Joe Walker Tel: 020 7933 8780 or 07768 807631 zamaz@walbrookpr.com
About Zamaz
Zamaz is a technology driven e-commerce business that originates, acquires or
licenses, operates and scales small and medium-sized brands with
category-winning products on global marketplaces. With ever prolific
customer data sources, the advent of turnkey e-commerce website platforms,
such as Shopify, and a thriving ecosystem of third-party software integrators,
the options available to launch and build brands that can be marketed, sold,
and shipped online quickly and globally with limited risk have never been more
compelling. Such marketplaces, led by Amazon and eBay, also provide connection
to millions of consumers, and have become a first-choice route-to-market for a
generation of micro and small and medium-sized enterprise businesses.
Zamaz mines and analyses data from such online retail technology platforms
which provide significant insights into consumer shopping behaviour and trends
and enable the business to deploy, market and sell an optimised portfolio of
brands, products, packs and prices aligned with active, real-time consumer
needs and demands principally on UK and EU Amazon marketplaces.
About Bella Dispensa
Bella Dispensa, a wholly-owned subsidiary of Zamaz, is an Italian-based online
retailer of gourmet Italian food products which operates in one of the fastest
growing online sectors, grocery shopping. The extensive relationships that
Bella Dispensa enjoys with its niche food suppliers makes it a strong addition
to the Zamaz Brand Portfolio and will give Zamaz the opportunity to showcase
and sell Bella Dispensa sourced products on its online platform.
Bella Dispensa has already made two acquisitions since Zamaz listed on the
Main Market of the London Stock Exchange: Ecocarni, a purveyor of premium
quality meats and associated products sourced from Italy and Argentina to both
wholesale and retail customers, from its flagship store in Milan and
Eccellenze S.r.l. which has a retail store located on Milan's prestigious
Corso Venezia, one of the city's most exclusive and elegant avenues, being
part of the upscale Quadrilatero della moda shopping district. Recently
established in Q4 2021, Eccellenze has grown rapidly, and now offers over
1,000 premium quality food products in-store, including cheese, pasta, wine
and oil. Its highly experienced management team has also developed a unique
eno-gastronomic "lifestyle shopping experience" for its growing, highly
discerning client base.
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