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.
22 April 2024
AFERIAN PLC
("Aferian", the "Company" or the "Group")
Board Change
Aferian plc (LSE AIM: AFRN), the B2B video
streaming solutions company, announces that, following fourteen
years of service, Donald McGarva will step down from his role as
CEO and leave the Company in October 2024. The Board would like to
take this opportunity to thank Donald for his contribution to the
Company and wish him well for the future.
A review of the composition of the Board is
underway and the Company will make a further announcement once this
has been completed.
The person responsible for the release of this
announcement on behalf of the Company for the purposes of MAR is
Mark Carlisle, Chief Financial Officer.
-ENDS-
For further
information please contact:
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Aferian
plc
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+44 (0)1954 234100
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Mark Wells, Chairman
Donald McGarva, Chief Executive Officer
Mark Carlisle, Chief Financial Officer
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Investec Bank
plc
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+44 (0)20 7597 5970
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David Anderson / Patrick Robb / Nick
Prowting
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About Aferian
plc
Aferian plc (AIM: AFRN) is a B2B video
streaming solutions company. Our end-to-end solutions bring live
and on-demand video to every kind of screen. We create the
forward-thinking solutions that our customers need to drive
subscriber engagement, audience satisfaction, and revenue
growth.
It is our belief that successful media
companies and services will be those that are most
consumer-centric, data driven and flexible to change. We focus on
innovating technologies that enable our customers stay ahead of
evolving viewer demand by providing smarter, more cost-effective
ways of delivering end-to-end modern TV and video experiences to
consumers. By anticipating technological and behavioural audience
trends, our software solutions empower our customers to heighten
viewer enjoyment, drive growth in audience share and ultimately
their profitability.
Aferian plc has two operating companies:
24i, which focusses on streaming video experiences, and Amino,
which connects Pay TV to streaming services. Our two complementary
companies combine their products and services to create solutions
which ensure that people can consume TV and video how and when they
want it. Our solutions deliver modern TV and video experiences
every day to millions of viewers globally, via our growing global
customer base of over 500 service providers.
Aferian plc is traded on the London
Stock Exchange's AIM stock market (AIM: symbol AFRN).
Headquartered in Cambridge, UK, the Company is located in 11
offices, including major European cities as Amsterdam, Helsinki,
Copenhagen and Brno, as well as in San Francisco and Hong
Kong. For more information, please visit www.aferian.com.