REG - Mobile Tornado Group - Board changes

Mobile TornadoAnnouncement

09/01/2023 07:00

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RNS Number : 0136M  Mobile Tornado Group PLC  09 January 2023

This announcement contains inside information for the purposes of Article 7 of
the UK version of Regulation (EU) No 596/2014 which is part of UK law by
virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information Service,
this inside information is now considered to be in the public domain.

 

 

9 January 2023

 

Mobile Tornado Group plc

("Mobile Tornado", the "Company" or the "Group")

 

Board changes

 

Mobile Tornado (AIM: MBT) a leading provider of resource management mobile
solutions to the enterprise market, announces that Avi Tooba has stepped down
as CEO of the Company with immediate effect. He will remain involved with the
business in a non-Board capacity, and continue to advise the Company on market
technology developments, as well as assisting with existing customer
relationships.

 

Jeremy Fenn, current Executive Chairman of the Company, will assume the role
of Executive Chairman and acting CEO with immediate effect and the Company
will seek to further strengthen the Board in due course. Further announcements
will be made at the appropriate time.

 

Jeremy Fenn, Chairman and acting CEO, commented "The Board would like to thank
Avi for his significant contribution to Mobile Tornado since he joined us six
years ago. We are now a global leader in Workforce Management and Push-to-Talk
over Cellular (PoC), having developed innovative solutions to meet mission
critical requirements. We have a strong operational team and the focus will
now be on further developing our current customer base whilst seeking out new
partners and customers across our global market."

 

Enquiries:

 

 Mobile Tornado Group plc                                  +44 (0)7734 475 888
 Jeremy Fenn, Chairman and acting CEO                      www.mobiletornado.com (http://www.mobiletornado.com/)

 Allenby Capital Limited (Nominated Adviser & Broker)      +44 (0)20 3328 5656
 James Reeve/Piers Shimwell (Corporate Finance)

 David Johnson (Sales and Corporate Broking)

 

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