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REG - Engage XR Holdings - Directorate Changes

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RNS Number : 1853T  Engage XR Holdings PLC  23 November 2021

23 November 2021

 

ENGAGE XR Holdings Plc

("ENGAGE XR" or the "Group")

 

Directorate Changes

 

ENGAGE XR Holdings Plc, a virtual reality ('VR') technology company, is
pleased to announce the appointment of Mr John Kevin ("Kenny") Jacobs to the
Board as an Independent Non-Executive Director with immediate effect.
Furthermore, Non-Executive Director Harry Kloor will be stepping down from the
Board with immediate effect.

 

Kenny has extensive expertise in sales, marketing, and customer insight.  He
spent more than six years at Ryanair as Chief Marketing Officer, where he
championed many successful customer service improvements. During his 20-year
career, he has gained valuable experience working for major companies,
including Accenture, Metro Cash & Carry, MoneySuperMarket, Procter &
Gamble, and Tesco (Ireland), where he led the sales and marketing division.

 

Richard Cooper, Non-Executive Chairman, ENGAGE XR, said: "Kenny's wealth of
experience in brand strategy and customer insight will be invaluable as we
work to expand the global blue-chip client base of our proprietary software
platform, ENGAGE. On behalf of the Board, I am delighted to welcome Kenny, in
particular, as we prepare for the launch of our corporate metaverse in 2022,
which will be a major milestone in the development of the Group.

 

"Finally, I would like to thank Harry for his support and wish him well in his
future endeavours."

 

Kenny Jacobs said: "ENGAGE XR has built an impressive, high-quality client
base, including working with global blue-chip companies, and I look forward to
helping the Group to grow this. The launch of ENGAGE XR's planned metaverse is
hugely exciting, and I believe the Group has developed a unique vision
regarding the role the metaverse can play in helping companies and
organisations engage with customers, employees, and other stakeholders in the
future. I am delighted to be joining the Board to help achieve the goal of
making ENGAGE XR a household name."

 

The following details in relation to the appointment of Mr John Kevin Jacobs,
aged 48, are disclosed in accordance with Schedule 2(g) of the AIM Rules for
Companies and Chapter 5: Additional Rules for the Euronext Growth Market
operated by Euronext Dublin:

 

 Current Directorships       Past Directorships and partnerships held in the past five years
 H&H Consulting Limited      None

 

Mr Jacobs does not hold any ordinary shares or options over ordinary shares in
the Company.

There is no further information which is required to be disclosed under
Schedule 2(g) of the AIM Rules for Companies and Chapter 5: Additional Rules
for the Euronext Growth Market operated by Euronext Dublin in respect
of Mr Jacobs

 

The Directors of the Company take responsibility for this announcement. This
announcement contains inside information for the purposes of the UK Market
Abuse Regulation.

 

For further information, please contact:

 

 ENGAGE XR Holdings plc                              Tel: +353 87 665 6708

 David Whelan, CEO                                   contact@engagexr.co

 Séamus Larrissey, CFO

 Sandra Whelan, COO

 Cairn Financial Advisers LLP (Nominated Adviser)    Tel: +44 (0) 20 7213 0880

 James Caithie / Liam Murray / Ludovico Lazzaretti

 Shard Capital Partners LLP (Joint Broker)           Tel: +44 (0) 20 7186 9952

 Damon Heath / Erik Woolgar

 Davy (Joint Broker & Euronext Growth Advisor)       Tel: +353 1 679 6363

 Barry Murphy / Lauren O'Sullivan / Oisin Morgan

 SEC Newgate (Financial PR)                          Tel: +44 (0)7540 106 366

 Robin Tozer / Isabelle Smurfit                      engage@secnewgate.co.uk

 

Notes to Editors:

ENGAGE XR Holdings Plc, a virtual reality ('VR') technology company, focused
on becoming a leading global provider of virtual and augmented communication
solutions through its proprietary software platform, ENGAGE. ENGAGE provides
users with a platform for creating MetaWorlds, and the creation of virtual
content which is focused on enterprise, education, and event production.

ENGAGE XR Holdings Plc is listed on AIM (EXR) in London and on the Euronext
Growth Market in Dublin, a market regulated by Euronext Dublin.  For further
information, please visit:  www.engagevr.io (http://www.engagevr.io)

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