REG - Eleco PLC - Appointment of Chief Financial Officer

ElecoAnnouncement

14/07/2022 08:00

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RNS Number : 4119S  Eleco PLC  14 July 2022

14 July 2022

Eleco Plc

 

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

 

Appointment of Chief Financial Officer

 

The Board of Eleco plc (AIM: ELCO), the AIM-listed construction software
specialist, is pleased to announce the appointment of Neil Pritchard as Chief
Financial Officer (CFO) and to the Board in October 2022.

 

Neil Pritchard shall join from Corero Network Security plc, a global leader in
real-time, high-performance, automatic DDoS cyber defence solutions. Neil has
previously been Group Financial Director at London listed technology business
CML Microsystems plc Group and, prior to this, Finance Director of the UK and
Eire division of the DAX-listed group Continental AG. Neil also held senior
financial positions with quoted companies Delta plc Group, now Valmont
Industries, and Yule Catto & Co plc, renamed to Synthomer plc Group.  He
is a qualified chartered accountant, holding an FCA, having spent six years
with KPMG London in audit, treasury and forensic transaction service roles. He
holds an Economics and Politics degree from the University of Bath, UK.

 

 

Jonathan Hunter, Chief Executive Officer of Eleco plc said,

 

"We are delighted to welcome Neil Pritchard to the Board of Eleco. Neil's
substantial international public company experience in technology driven
businesses will be valuable to us as we focus on continued and sustainable
growth, both from organic and inorganic sources. We look forward to him
joining the Eleco team and benefitting from his excellent skills and
experience.

 

I would like to thank Rose Clark for the contribution she continues to make as
Interim CFO."

 

The following information on Neil Bartley Pritchard, aged 50, is provided in
accordance with Rule 17 and Schedule 2, Paragraph (g) of the AIM Rules for
Companies:

 

Mr. Pritchard holds or has held the following directorships/partnerships in
the past five years:

 

 Current Directorships/Partnerships    Former Directorships/Partnerships

                                       (past five years)

 Corero Network Security plc           CML Microsystems Plc
 The Magic Circle Foundation Limited   Applied Technology Limited
 Corero Network Security (UK) Limited  CML Microcircuits Limited
 Corero Group Services Limited         Applied Technology (U.K.) Limited
                                       Integrated Micro Systems Limited
                                       Consumer Microcircuits Limited
                                       CML Microcircuits (UK) Limited
                                       Shanghai Futiake Investment Consulting Co., Ltd
                                       Wuxi Sicomm Communications Technologies, Inc.
                                       Wuxi Shilian Communication Technologies Co., Inc.
                                       CML Microcircuits (Singapore) Pte Ltd
                                       Hyperstone GmbH
                                       CML Microsystems, Inc.
                                       MX-COM, Inc.
                                       CML Microcircuits (USA), Inc.
                                       Hyperstone, Inc.
                                       Hyperstone Asia Pacific Ltd

 

There is no further information to be disclosed pursuant to Schedule 2,
Paragraph (g) of the AIM Rules for Companies. A further announcement will be
made with regards to the timing of Mr. Pritchard's appointment to the Board in
due course.

 

Enquiries:

 

 Eleco plc                                                        +44 (0)20 7422 8000
 Jonathan Hunter, Chief Executive Officer

 finnCap Limited                                                  +44 (0)20 7220 0500
 Geoff Nash / Kate Bannatyne / James Balicki (Corporate Finance)
 Richard Chambers / Charlotte Sutcliffe (ECM)

 SEC Newgate UK                                                   +44 (0)20 3757 6882
 Elisabeth Cowell / Bob Huxford / Isabelle Smurfit                eleco@secnewgate.co.uk (mailto:eleco@secnewgate.co.uk)

 

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of
software and related services to the Architectural, Engineering, Construction
and Owner/Operator (AECO) industries and interior furnishing industries from
centres of excellence in the UK, Sweden, Germany and the Netherlands.

The Company's market-leading Elecosoft software solutions are developed by
teams in the United Kingdom, Sweden and Germany, and its solutions cover
project management, estimating, timber engineering, CAD and visualisation,
asset and facility management and cloud-based digital marketing solutions.

For further information please visit www.eleco.com (http://www.elecosoft.com/)
.

 

 

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