REG - K3 Bus Tech Grp PLC - Board changes

K3 Business TechnologyAnnouncement

04/07/2024 07:00

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RNS Number : 0415V  K3 Business Technology Group PLC  04 July 2024

AIM: KBT

 

K3 Business Technology Group plc

("K3" or "the Company")

 

Board Changes

 

K3, the provider of business-critical software solutions focused on fashion
and apparel brands, announces that Executive Chairman, Tom Crawford, will be
stepping down from his current role to become a Non-executive Director. This
change of role will take effect with the publication of the Company's interim
results, due in mid-July. It reflects Tom's need to reduce his work
commitments in light of the health condition of a close family member.

 

In addition, with effect from today, Eric Dodd, Chief Financial Officer, will
take up the role of Chief Executive Officer, and Lavinia Alderson, Group
Corporate Finance Director, is appointed as Chief Financial Officer.

 

Lavinia Alderson joined K3 in December 2020 as Group Corporate Finance
Director. She has significant commercial and financial experience, having
previously been Finance Director of Concept Life Sciences, which provides
market-leading scientific services globally and, before that, Head of Finance
UK Support & Governance at Cape plc, the energy services company. She
qualified as a chartered accountant at PwC in 2003.

 

The Board confirms that the Group remains on track to perform in line with its
expectations for the current financial year.

 

 

Regulatory disclosures

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies,
K3 reports that Lavinia Marie Alderson (née Richards), aged 46 years, has 256
shares in the Company. She holds no directorships or partnerships nor has she
done so in the last five years.

 

Save as disclosed above, there is no further information required to be
disclosed in respect of the above appointment pursuant to Rule 17 and Schedule
2 (g) of the AIM Rules for Companies.

 

Enquiries:

 

 K3 Business Technology Group plc       Tom Crawford, Executive Chairman      T: 020 3178 6378  c/o KTZ Communications

 www.k3btg.com (http://www.k3btg.com)   Eric Dodd, Chief Executive Officer

 Cavendish Capital Markets              Julian Blunt/ Dan Hodkinson           T: 020 7220 0500

 (NOMAD & Broker)                       (Corporate Finance)

                                        Sunila De Silva (Corporate Broking)

 KTZ Communications                     Katie Tzouliadis/ Robert Morton       T: 020 3178 6378

 

 

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under Article 17 of
MAR.

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