Dods logo

DODS - Dods News Story

78.75p 1.8  2.3%

Last Trade - 11:11am

Sector
Consumer Cyclicals
Size
Micro Cap
Market Cap £16.0m
Enterprise Value £23.5m
Revenue £25.5m
Position in Universe 1508th / 1819

Dods Group PLC - Board Changes

Thu 26th November, 2020 11:35am
RNS Number : 6425G
Dods Group PLC
26 November 2020
 

26 November 2020

Dods Group plc  

 ("Dods" or "the Group" or "the Company")

Board Changes

 

Dods (AIM: DODS), a leading technology company specialising in business intelligence, media and technology resourcing, announces that Vijay Vaghela has been appointed as a Non-Executive Director with immediate effect. Vijay will join the Board and will succeed Mark Smith as Chair of the Audit Committee. 

The Company also announces that Mark Smith, current Interim Chairman of Dods, will be taking the role of Non-Executive Chairman with immediate effect. Mark will remain a member of the Audit Committee

Vijay is currently the Chief Operating Officer of National World plc and was most recently group finance director of Reach plc (formerly known as Trinity Mirror) from May 2003 until February 2019; he also served as group company secretary. Vijay served as the interim chief executive officer of Trinity Mirror from June 2012 to August 2012. From 1994 to 1999, Vijay held various roles at Mirror Group plc, including Head of Internal Audit and Group Treasurer.

Vijay was also a non-executive director and chair of the audit and risk committee of Local World Holdings Limited between 2013 and 2015 and was a member of the audit committee of the Football Association for six years to 2017. Vijay is a Chartered Accountant and member of the Institute of Chartered Accountants of England and Wales.

Mark Smith, Chairman of Dods, commented,

"I am very pleased to welcome someone of Vijay's calibre to our Board and look forward to the contribution he will bring. His extensive experience in both media and finance will give us valuable insight as Dods continues to evolve. I am also delighted to confirm my role as Chairman and look forward to continuing to work with the Board and management on driving the Dods strategy."

Information in respect of Mr Vaghela, as required by Schedule 2(g) of the AIM Rules for Companies, is set out below.

Vijay Kumar Lakhman Meghji Vaghela, aged 54, currently holds and has previously held the following directorships and partnerships:

Current directorships and partnerships

Directorships and partnerships held within the last five years

National World plc

Reach plc and subsidiaries

Local World Ltd

 

Mr Vaghela holds 384,615 ordinary shares in the Company.

Save for the information set out above, there are no further disclosures to be made in accordance with Rule 17, Schedule 2(g) of the AIM Rules for Companies in respect of the appointment of Mr Vaghela.

  For further information, please contact:

Dods Group plc

Mark Smith - Non-Executive Chairman  

 

Tel: 020 7593 5500

Canaccord Genuity Limited

Bobbie Hilliam

Georgina McCooke

Tel: 020 7523 8150

 

Note: This announcement and other press releases are available to view at the Company's website:    www.dodsgroup.com

About Dods Group

Dods is a leading technology company specialising in business intelligence, media and technology resourcing.  With extensive capability in machine learning and AI, we manage and transform large volumes of data and information across multiple industries, for some of the UK's leading business intelligence providers. In the political and regulatory domains, we have built a reputation for high quality, unbiased content across all of our products and services in Westminster, Edinburgh, Paris and Brussels.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOAFZMZMMVDGGZM
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.