REG - SEEEN PLC - Appointment of Independent Non-Executive Director

SEEENAnnouncement

12/11/2024 07:00

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RNS Number : 7950L  SEEEN PLC  12 November 2024

12 November 2024

 

SEEEN plc

("SEEEN", "Group", or the "Company")

 

Appointment of Independent Non-Executive Director

 

SEEEN plc (AIM: SEEN), the global media and technology platform that delivers
Key Video Moments and Video Commerce to transform its clients' video
profitability, is pleased to announce that, further to the Company's previous
announcements, Michael Zigman has been appointed to the Board as an
Independent Non-Executive Director with immediate effect.  Michael will help
the Group in targeting the skills and training market.

 

Mr. Zigman is currently CEO of NYC FIRST, an educational non-profit that
promotes Science, Technology, Engineering, and Mathematics (STEM) learning
including artificial intelligence and robotics.  Michael has spent over 25
years operating, scaling and advising technology companies.  Prior to NYC
FIRST, Michael was a managing director at Soundview Technology Group and WR
Hambrecht & Co., both technology-focused U.S. investment banks. He is a
graduate of Dartmouth College. The Board believes that Mr. Zigman's experience
in education and technology will be synergistic both in advancing SEEEN's
customer use cases for training (short-form "How To" videos) and in financial
advisory matters that support SEEEN's growth plan.

 

Michael Zigman has agreed to receive his non-executive director fees in either
ordinary shares of the Company or options over ordinary shares of the Company,
as have all the other non-executive directors, reflecting their confidence in
the prospects of the Group and to align themselves with all shareholders.

 

Adrian Hargrave, CEO of the Group, commented: "I am delighted to welcome
Michael to the Board of the Company. With his experience in the education and
training sectors, as well as his knowledge of scaling technology companies, he
will assist the Group to accelerate progress in the training sector, building
on our fundraise earlier this year and the Group's work with American Leak
Detection. I am also grateful to the non-executive directors for their
investment in the Company by taking share-based compensation, reflecting their
faith in the Group's prospects and to align themselves with shareholders. We
look forward to announcing further news in due course on both contract wins,
case studies and reseller agreements as the Group continues to execute against
the plan set out at the time of the May 2024 fundraising and in the most
recent interim results."

 

Additional disclosures required under the AIM Rules for Companies

 

Pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for
Companies, Michael Adam Zigman, age 54, holds 1,166,666 ordinary shares in the
Company and is, or has during the last five years, been a director or partner
of the following non-profit organisations:

 

 Current Directorships or Partnerships      Previous Directorships or Partnerships
 NYC FIRST, Inc                             Macaulay Honors College Foundation

                                            New York Academy of Sciences

                                            Hack NY Inc

For further information please contact:

 

 SEEEN plc                                         Tel: +44 (0)7775 701 838

 Adrian Hargrave, CEO                              Website: seeen.com (http://www.seeen.com)

 Allenby Capital Limited (Nominated Adviser)       Tel: +44 (0)20 3328 5656
 Alex Brearley / George Payne (Corporate Finance)

 

 Dowgate Capital Limited (Joint Broker)        Tel: +44(0)20 3903 7721

 Stephen Norcross

 Capital Plus Partners Limited (Joint Broker)  Tel: +44(0)20 3821 6167

 Jonathan Critchley

 focusIR (Investor Relations)                  Tel: +44(0) 07866 384 707

 Paul Cornelius / Kat Perez                    seeen@focusir.com (mailto:seeen@focusir.com)

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