REG - Pebble Beach Sys Grp - Board Change

Pebble Beach SystemsAnnouncement

Mon 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251201:nRSA5221Ja&default-theme=true

RNS Number : 5221J  Pebble Beach Systems Group PLC  01 December 2025

 

 

1 December 2025

AIM: PEB

Pebble Beach Systems Group plc

("Pebble" or the "Group")

Board Change

Pebble Beach Systems Group plc, the specialist software solutions provider for
the broadcast and streaming markets globally, announces that John Varney is
stepping down from his role as Chairman and will step off the Board. The Board
is pleased to announce the appointment of Tom Crawford as Non-Executive
Chairman of the Company. These changes take effect today.

John Varney has retired from the Board after fourteen years, almost nine of
which were as Chairman. John has done an outstanding job in helping the
business re-establish itself in the playout and streaming markets, whilst at
the same time dealing with the considerable challenges of global pandemic and
industry upheaval. The Board would like to thank John for all his work and
wishes him well for the future.

Tom has over 25 years' experience with publicly quoted companies, especially
software companies. He has a strong track record of developing, building and
growing international product-based software and services businesses, both
organically and through acquisition, to unlock opportunity.

Tom was Chief Executive Officer of Aptitude Software Group Plc (Main
Market listed), the global financial management software company, and led its
successful expansion into North America and Asia Pacific as well as into new
market verticals. He was also previously Chairman of Attraqt Group (AIM
listed), the SaaS ecommerce solutions provider and Chairman of K3 Business
Technology Group (AIM listed), which provided business-critical software
solutions. He is currently Chairman of Made With Intent, the AI real-time
ecommerce agent start-up.

Trading since the Group's last update in August has continued the momentum
shown at the time of that update and the Board re-iterates its confidence in
delivering both against the Board's expectations for the current financial
year and achieving a net cash position during the course of FY 2026.

John Varney, outgoing Chairman of Pebble Beach Systems Group plc, said,

"It has been a privilege to work with a talented Board and Senior Leadership
as we turned the business around and developed new markets and technologies.
With close to 50 years' experience in Broadcasting and Content creation, both
as customer and supplier, I know that Pebble will continue to be a dominant
player in the industry"

Tom Crawford, newly appointed Chairman of Pebble Beach Systems Group plc,
said,

"I am delighted to be joining Pebble today. The Board, led by John, has
executed a strategy that has laid the path for achieving a net cash position
in 2026 as well as earnings growth. There are opportunities to build on what
has been achieved so far, and I look forward to working with the Board and the
wider team as we carefully assess these opportunities in a new chapter for the
Group.

On behalf of the Board, I would like to thank John for his dedication and
commitment to Pebble over many years."

Enquiries:

 Pebble Beach Systems Group plc                 +44 (0) 75 55 59 36 02

 Peter Mayhead, CEO

 Cavendish Capital Markets Limited              +44 (0) 207 220 0500

 (Nominated Adviser and Broker)

 Marc Milmo, Teddy Whiley - Corporate Finance

 Tim Redfern, Sunila de Silva - ECM

 

Regulatory Disclosures

Save for the information set out above and below, there are no further
disclosures to be made in accordance with Rule 17 and Schedule Two paragraph
(g) of the AIM Rules in respect of the appointment of Tom Crawford, aged 57
years. Tom Crawford does not hold any beneficial interest in the Company's
share capital.

 Current directorships       Past directorships (within five years)
 Made With Intent Limited    K3 Business Technology Group plc
 Vastude Limited             K3 Business Technologies Ireland Limited
 Q Learning Nepal Trust CIO  Attraqt Group Limited

 

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  BOAPKFBDOBDDADB



            Copyright 2019 Regulatory News Service, all rights reserved