REG - Fadel Partners Inc. - Directorate Change

Fadel PartnersAnnouncement

13/02/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240213:nRSM8856Ca&default-theme=true

RNS Number : 8856C  Fadel Partners Inc.  13 February 2024

13 February 2024

Fadel Partners, Inc.

('FADEL', the 'Company' or, together with its subsidiaries, the 'Group')

Directorate Change

Fadel Partners, Inc., the developer of cloud-based brand compliance and rights
and royalty management software, announces the appointment of Ian Flaherty
(CPA) as Chief Financial Officer with effect from 14(th) February 2024. Ian is
a Certified Public Accountant in the United States and joins the Company from
LogicManager, Inc., a SaaS-based Enterprise Risk Management business.
Previously, Ian held various financial management positions in public listed
companies (New York Stock Exchange and Toronto Stock Exchange) within the
technology and direct-to- consumer sectors. Ian also worked in professional
practice at Ernst and Young, LLP. Ian's appointment to the Board remains
subject to satisfying AIM regulatory and due diligence checks and a further
announcement will be made in this regard in due course.

Vicary Gibbs has stepped down from his role as Chief Financial Officer (CFO)
and has resigned from the Board and all group Directorship roles with
immediate effect, in order to pursue other opportunities. Vicary has been CFO
of the Company since 2022 and the Board wish to record their appreciation for
his significant contribution to the Company over this time, in particular in
relation to the successful IPO of the Company.

As stated in the Company's trading update on 31 January 2024, revenue for the
year ended 31 December 2023 was in-line with market expectations and the Board
remains confident about the Company's prospects.

For further information please contact:

 Tarek Fadel, Chief Executive Officer                                  Via Alma

 Cavendish Capital Markets Limited (Nomad & Broker)                    020 7220 0500
 Jonny-Franklin Adams, Emily Watts, Abigail Kelly (Corporate Finance)
 Tim Redfern, Sunila De Silva (ECM)

 Alma Strategic Communications                                         Tel: +44(0)20 3405 0205
 Josh Royston                                                          fadel@almastrategic.com
 Andy Bryant
 Sam Modlin

 

This announcement contains inside information for the purposes of the retained
UK version of the EU Market Abuse Regulation (EU) 596/2014 ("UK MAR").

 

About Fadel Partners Inc.

FADEL is a developer of cloud based brand compliance and rights and royalty
management software, working with some of the world's leading licensors and
licensees across media, entertainment, publishing, consumer brands and
hi-tech/gaming companies. The Group combines the power of rights management
and content compliance with sophisticated content services, AI-powered visual
search and image and video recognition.

FADEL has two solutions, being IPM Suite (rights and royalty management for
publishers and licensing) and Brand Vision (an integrated platform for Brand
Compliance & Monitoring that includes Content Services, Digital Rights
Management, AI-Powered Content Tracking, a Brand Monitor, and 100 million
Ready-to-License Images).

The Group's main country of operation is the United States, where it is
headquartered in New York, with further operations in the UK, France, Lebanon
and India.

For more information please visit the Group's website at: www.fadel.com
(http://www.fadel.com) .

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAMZGMZLZKGDZM