REG - SysGroup PLC - Board Changes and Change of Adviser

SysGroupAnnouncement

26/09/2023 07:00

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RNS Number : 5965N  SysGroup PLC  26 September 2023

26 September 2023

 

SysGroup plc

 

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

 

Board Changes and Change of Adviser

 

 

SysGroup plc (AIM:SYS), a leading provider of managed IT services, cyber
security and cloud hosting, announces a change to its Board of Directors,
together with a change of Adviser.

 

Board Changes

The Board is delighted to announce the appointment of Paul Edwards as
Non-Executive Director, effective immediately.

Paul is currently Chief Financial Officer of Tatton Asset Management plc and
has previously been Group Finance Director of a number of quoted companies
including Scapa Group plc (Scapa) and NCC Group plc (NCC).  He has also held
a number of other senior finance roles in a broad range of listed and private
companies.

Heejae Chae, Executive Chairman commented:

 

"We are delighted to welcome Paul Edwards to the Board as a non-executive
director.  His previous experience at Scapa provides him with a valuable
understanding of driving growth and profitability, having delivered
significant growth in shareholder value through a buy and build strategy. Paul
was also part of the buyout management team and initial CFO following the
IPO of NCC, the UK leader in Cyber Security, giving him a deep understanding
of the challenges and opportunities facing our industry.

The Board believes Paul's skills and experience will further strengthen and
enhance its ability and support the Company in achieving its strategic goals."

 

In accordance with Schedule 2(g) of the AIM rules, Paul Edwards (aged 56)
holds or has held in the past five years the following directorships:

 

Current Directorships

 

Tatton Asset Management plc

Paradigm Investment Management LLP

Sinfonia Asset Management Limited

Tatton Crown Investments Limited

Tatton Onshore Tax Strategies Limited

Tatton Investment Management Limited

Tatton Oak Limited

Paradigm IFA Company Limited

Tatton Capital Group Limited

Paradigm Partners Limited

Nadal NewCo Limited

Tatton Capital Limited

Amber IFA Co Limited

 

Previous Directorships held during the last five years

 

Amber Financial Investments Limited

 

 

Paul holds no shares in the Company.

 

There is no further information on Paul required to be disclosed under
Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies.

 

Following the appointment of Paul Edwards today and the retirement of Michael
Edelson at the recent AGM, the Board comprises Heejae Chae (Executive
Chairman); Martin Audcent (Chief Financial Officer); and Mike Fletcher, Mark
Quartermaine and Paul Edwards (Non-Executive Directors).

 

Change of Adviser

The Group has appointed Zeus Capital Limited as Nominated Adviser and Sole
Broker with immediate effect.

 

 

 

 

 For further information please contact:

 SysGroup plc                              Tel: 0151 559 1777

 Heejae Chae, Executive Chairman

 Martin Audcent, Chief Financial Officer

 Zeus (Nominated Adviser and Broker)       Tel: 0161 831 1512

 Jordan Warburton

 Nick Cowles

 Alex Fowler

 Nick Searle
 Alma PR (Financial PR)

 Josh Royston                              Tel: 07780 901 979

 Matthew Young

 

 

About SysGroup

SysGroup is a leading provider of managed IT services, cloud hosting, cyber
security and expert IT consultancy. The Group delivers solutions that enable
clients to benefit from industry leading technologies and delivers managed
solutions with security, compliance and governance from the
core. SysGroup focuses on a customer's strategic and operational
requirements - enabling clients to free up resources, grow their core business
and avoid the distractions and complexity of managing IT services.

 

The Group has offices
in Bristol, Edinburgh, Liverpool, London, Manchester and Newport.

 

For more information, visit http://www.sysgroup.com
(http://www.sysgroup.com/)

 

 

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