REG - Iomart Group PLC - Directorate Changes

iomartAnnouncement

23/05/2023 07:00

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RNS Number : 2266A  Iomart Group PLC  23 May 2023

23 May 2023

iomart Group plc

("iomart" or the "Group" or the "Company")

 

Directorate Changes

 

iomart Group plc (AIM: IOM) the cloud computing company, is pleased to
announce the appointments of Dr. Annette Nabavi and Adrian Chamberlain as
Independent Non-Executive Directors of the Company. Annette's appointment will
start on 25 May 2023 and she will be appointed Chair of the Remuneration
Committee from 1 June 2023.  Adrian's appointment, as Senior Independent
Non-Executive Director of the Company, will start from 1 June 2023. Following
six years on the Board, Richard Masters, Non-Executive Director will not stand
for re-election at the forthcoming Annual General Meeting in September 2023
and will leave the Board at that time.

 

Annette brings over 30 years of experience in operational and advisory roles
in the technology sector including significant expertise in driving growth
through acquisition and partnerships. Annette currently sits on the board of
Eleco plc, an AIM listed software company, and serves as the Chair of its
Remuneration Committee.  She has held several Non-Executive Director roles,
including a seven-year tenure at AIM listed Maintel Holdings Plc, a cloud and
managed services company, where she also chaired the Remuneration Committee.
She has substantial experience in the area of Remuneration through her
involvement with the Quoted Companies Alliance (QCA), where she supported the
update to the Remuneration Committee Guide. Annette is Finance Director for
Women in Telecoms and Technology, a Not-for-Profit organisation.

Adrian has considerable experience across the technology and telecoms sector,
having spent a significant period of his executive career with Cable &
Wireless plc before becoming CEO of Message Labs and then Achilles, both
cloud-based SaaS businesses. He has substantial experience in strategy
formulation, growing turnover and establishing presence in new markets.
 Adrian is a Non-Executive Director on the board of Alfa Financial Software
Holdings plc, a listed global software provider, a Non-Executive and Senior
Independent Director at Cambridge University Hospitals NHS Foundation Trust
and was, until recently, the Chair of the Board of eConsult Health Ltd, a
cloud-based SaaS business in the healthcare sector.

 

Lucy Dimes, Chair of iomart Group plc, commented:

"I am delighted to welcome Adrian and Annette to the Board of iomart. Their
considerable experience in the technology services sector will be extremely
valuable to us as we continue to execute our growth strategy. I very much look
forward to working with them.

"I would like to thank Richard Masters for his immense contribution and
commitment to iomart Group plc over the past six years, and to wish him all
the very best for the future."

Adrian Chamberlain, incoming Non-Executive Director, commented:

"I am very pleased to be appointed as the Senior Independent Director of the
iomart Board. I have been consistently impressed by the vision, ambition and
potential of iomart during the appointment process. I look forward to
contributing to the successful implementation of iomart's growth strategy."

Annette Nabavi, incoming Non-Executive Director, commented:

"I am pleased to be joining the iomart Board as it implements its strategy. I
look forward to sharing my knowledge and experience of growth companies in
this sector to underpin and support this strategy going forward."

 

The following information is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies:

 Adrian Chamberlain
 Full name and age:                        Adrian Chamberlain, 66
 Current Directorships:                    Alfa Financial Software Holdings plc

                                           Cambridge University Hospitals NHS Trust
 Former Directorships (previous 5 years):  eConsult Health Limited

                                           UPP Technologies Group Ltd

                                           Onapp (Topco) Limited

                                           Volex plc

                                           Mymed Ltd

 

Adrian does not currently hold any shares, or any interest over shares, in the
Company.

 

 Annette Nabavi
 Full name and age:                        Annette Patricia Nabavi (formerly Annette Lane), 71
 Current Directorships:                    Eleco plc

                                           Women in Telecoms and Technology (WITT) Limited
 Former Directorships (previous 5 years):  EFI Group Ltd

                                           Gemserv Limited

                                           The Association of Independent Professionals and Self Employed Limited

                                           Maintel Holdings plc

                                           Anchusa Consulting Ltd

Annette does not currently hold any shares, or any interest over shares, in
the Company.

There is no further information required to be disclosed under Rule 17 or
paragraph (g) of Schedule 2 of the AIM Rules for Companies.

For further information:

 iomart Group plc                                                                      Tel: 0141 931 6400
 Reece Donovan, Chief Executive Officer
 Scott Cunningham, Chief Financial Officer

 Investec Bank PLC (Nominated Adviser and Joint                                        Tel: 020 7597 4000
 Broker)
 Patrick Robb, Virginia Bull, Nick Prowting

 Alma PR                                                                               Tel: 020 3405 0205
 Caroline Forde, Hilary Buchanan, Joe Pederzolli

 

 About iomart Group plc

iomart Group plc (AIM: IOM) is a cloud computing and IT managed services
business providing hybrid cloud infrastructure, network connectivity,
security, and digital workplace capability. Our mission is simple: to make our
customers unstoppable by enabling them to connect, secure and scale anywhere,
anytime. From our portfolio of data centres we own and operate across the UK
to connected sites around the world, our 400-strong team can design and deploy
the right cloud solution for our customers.

 

For further information about the Group, please visit  www.iomart.com
(http://www.iomart.com/)

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