IDE Group Holdings PLC Board Change (2457T)
13 Novembre 2019 - 10:00AM
UK Regulatory
TIDMIDE
RNS Number : 2457T
IDE Group Holdings PLC
13 November 2019
IDE Group Holdings Plc
("IDE" or the "Company")
Board Change
IDE Group Holdings plc, the mid-market network, cloud and IT
Managed Services provider, is pleased to announce the appointment
of Sebastian White as a Non-Executive Director. Max Royde, current
Non-Executive Director will be stepping down with immediate effect
and Sebastian will take up Max's roles and responsibilities on the
Board.
Sebastian has worked as Investment Director at Kestrel Partners
LLP for two years. Kestrel are a London based fund management
business whose clients are a significant shareholder of IDE Group.
Prior to working at Kestrel, Sebastian was Mergers and Acquisitions
Director at Alternative Networks for fourteen years.
As at the date of this announcement Kestrel Partners LLP holds
34,456,208 ordinary shares of 2.5 pence each in capital of the
Company ("Ordinary Shares") representing approximately 8.6 per
cent. of the issued share capital.
Andy Parker, Executive Chairman said "We thank Max for his
contribution to the Company over the past year and look forward to
working with Sebastian as a representative of one of our largest
shareholders. Sebastian's experience in the sector will be of great
benefit to the Company."
IDE Group Holdings Plc Tel: +44 (0)344
Andy Parker, Executive Chairman 874 1000
finnCap Limited Tel: +44 (0)20 7220
Nominated Adviser and Broker 0500
Corporate finance: Jonny Franklin-Adams/
Hannah Boros
ECM: Tim Redfern/ Richard Chambers
The following information is made in accordance with Schedule
2(g) of the AIM Rules for Companies:
Full Name: Sebastian Jake Golder White (Seb)
Age: 49
Current Director positions
n/a
Previous Directorships in the last five years
n/a
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END
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