REG - Eleco PLC - Board Appointment

ElecoAnnouncement

08/04/2024 07:00

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RNS Number : 5834J  Eleco PLC  08 April 2024

 

Eleco plc

 

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

 

Board Appointment

Eleco plc (AIM: ELCO), the specialist software provider for the built
environment, is pleased to announce the appointment of James Pellatt to the
Board as an independent Non-Executive Director, on 08 April 2024.

 

With over 25 years of senior leadership experience in technology and the built
environment - twelve of which were with Great Portland Estates (GPE) plc -
James has been at the forefront of cultural change and a driver of innovation
in the industry. As GPE's Director of Innovation, he developed and executed
strategies to improve staff productivity and reduce energy consumption through
digital transformation in line with the organisation's customer first and net
zero ambitions. Having overseen the successful delivery of over 6 million
square feet of commercial, residential and retail space across central London,
James shaped the business to become a market leader in smart buildings,
winning the prestigious individual EG Tech Award in 2022 for 'Bridging the
Gap' between technology and real estate.  He also led the use of data
resulting in the British Property Federation Award for 'Best Use of Data' in
2023.   To supplement his experience, he has also studied Digital
Transformation at MIT, including specialism in Machine Learning and Artificial
Intelligence.

 

 

James was a board member for the UK PropTech Association from 2021-2023 as
well as on the British Council for Offices from 2017-2022, and is currently a
Strategic Advisor for Laiout, Norway, supporting founders in their development
of a generative AI space planning platform.

 

 

Mark Castle, Non-Executive Chairman of Eleco, commented:

"James' extensive background in real estate, innovation and sustainability
makes him an ideal fit for Eleco, and we are delighted that he has agreed to
join the Board. His experience in digital transformation and innovation will
provide significant opportunity to the Company as it continues  its strategic
growth journey."

 

For further information, please contact:

 Eleco plc                                                    +44 (0)20 7422 8000
 Jonathan Hunter, Chief Executive Officer
 Neil Pritchard, Chief Financial Officer
 Cavendish Capital Markets Limited                            +44 (0)20 7220 0500
 Geoff Nash/ Emily Watts/ Seamus Fricker (Corporate Finance)
 Tim Redfern / Harriet Ward (ECM)

 

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of
software and related services to the built environment through its operating
brands Elecosoft, BestOutcome and Veeuze from centres of excellence in the UK,
Sweden, Germany, the Netherlands and the US.

The Company's software solutions are trusted by international customers and
used throughout the building lifecycle from early planning and design stages
to construction, interior fit out, asset management and facilities management
to support project management, estimation, visualisation, Building Information
Modelling (BIM) and property management.

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

 

Regulatory disclosures

 

The following information is disclosed pursuant to Rule 17 and Schedule Two
paragraph (g) of the AIM Rules for Companies in relation to James Robert
Pellatt, aged 54:

 

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

 

 

 Current directorships/partnerships  Past directorships/partnerships

 Propai Ltd                          British Council for Offices

                                     The City Place House Partnership (G.P.) Limited

                                     The City Tower Partnership (G.P.) Limited

                                     The Great Star Partnership Limited

                                     UK Proptech Association Ltd

 

 

Mr. Pellatt has no beneficial interest ordinary shares of the Company.

 

The Company confirms that there are no other disclosures to be made pursuant
to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies with
respect to Mr. Pellatt.

 

 

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