REG - GetBusy PLC - Board Changes, Notice of Results

GetbusyAnnouncement

12/02/2020 07:00

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RNS Number : 6750C  GetBusy PLC  12 February 2020

12 February 2020

GetBusy plc

("GetBusy" or "the Company" or "the Group

Board Changes, Notice of Results

 

GetBusy plc (AIM: GETB), a developer of document management and communication
software products, announces the appointment of Paul Huberman as an
independent Non-Executive Director with effect from 3 March 2020, the date on
which the Company expects to announce its 2019 full year results.

Paul, a Chartered Accountant and Chartered Tax Adviser, has over 30 years'
experience advising companies in the real estate and finance sectors. He is
currently a non-executive director at Town Centre Securities plc, a company
listed on the Premium segment of the London Stock Exchange and is also a
non-executive director at Galliard Homes Ltd, a major UK home builder with a
development pipeline of over £5 billion.

Paul will become a member of the Company's Remuneration Committee and he will
also chair the Audit Committee with effect from the Company's Annual General
Meeting. In addition, the Company announces that Greg Wilkinson, an existing
non-executive director, will not seek re-election at the Company's next Annual
General Meeting.

Dr Miles Jakeman AM, Chairman of GetBusy, commented:

"Greg, who will remain a substantial shareholder and passionate supporter of
the business, founded Reckon Limited and has played a key role in the creation
of the document management group which eventually demerged from Reckon to
become GetBusy.  I know I speak on behalf of all the Board by saying that his
no-nonsense, pragmatic insight and good humour will be missed by all, and we
wish him well for the future.

"I am delighted to welcome Paul to GetBusy.  His depth of finance, tax and
audit knowledge coupled with public markets experience will be valuable to the
wider business and we are pleased to be increasing the number of independent
directors on the Board to maintain the highest standards of governance.  We
are looking forward to him joining us on the next stage of our journey."

 

The following information is disclosed pursuant to Schedule Two paragraph (g)
of the AIM Rules for Companies. Paul Laurence Huberman (58 years of age) has
been a director or partner of the following companies during the five years
preceding the date of this announcement:

 Current directorships / partnerships:            Past directorships / partnerships:
 Wigan Properties Limited                         Lyme Regis Land Limited
 Jawbones Hill Limited                            J.C. Rathbone Trustees Limited
 Tufton Media Limited                             PH Business Services Limited
 Clapham Offices Limited                          JCRA Group Limited
 Town Centre Securities plc                       Brooklands Hotel (Developments) Limited
 Galliard Group Limited                           Paul Huberman Business Services Limited
 Galliard Holdings Limited                        The Protein Ice Cream Company Limited
 Galliard Homes Limited                           J C Rathbone USA Holdings Inc
 Life at Parliament View Limited                  JCRA Financial LLC
 Life at Limited                                  Clicstone Limited
 Javin Property Co (London) Limited               Tetrarch Group plc
 Javin Property Portfolio Limited                 Brooklands Hotel Limited
 Javin Enterprises Limited                        GRIT Real Estate Income Group Limited
 Bevian London Properties Limited
 Peaktop Properties (Marylebone) Limited
 Transgain Limited
 Advance Holdings Limited
 Templewood Securities Limited
 P H Outdoor Media Limited
 The Industrial Dwellings Society (1885) Limited
 Folding Helmet Technology Limited
 Folding Helmet Limited

 

Paul Huberman was a director of Leamington Land Ltd, a company whose sole
asset was a tenanted single property, the acquisition of which had been partly
debt funded. Following the loss of the tenant which was not replaced, the
lending bank appointed a Law of Property Act Receiver in March 2012 to sell
the property. Following the sale, an application was made to strike the
company off the register of companies and the company was dissolved on 25
November 2014.

In addition, Paul Huberman was also a director of Brooklands Hotel Limited
(incorporated in the British Virgin Islands and registered as an overseas
business in England) and Brooklands Hotel (Developments) Limited (incorporated
in England), which companies owned and operated a hotel. He was appointed as a
director of the companies in June 2013 at the behest of the administrators of
their parent company to assist them in selling the hotel while it continued to
operate and trade normally. In order to facilitate a sale in March 2014, the
companies went into administration and subsequently underwent voluntary
liquidations in October 2016.

After the Company's 2020 AGM, its committees will comprise the following
members:

Audit Committee:                               Paul Huberman
(chair)

 
Nigel Payne

 
Miles Jakeman

Remuneration Committee:               Nigel Payne (chair)

 
Miles Jakeman

 
Paul Huberman

 

Enquiries

 GetBusy plc
 Daniel Rabie (Chief Executive Officer)       investors@getbusy.com
 Paul Haworth (Chief Financial Officer)

 Liberum (Nomad and Broker)
 Bidhi Bhoma / Cameron Duncan / Louis Davies  +44 (0)20 3100 2000

 

 

 

 

 

 

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