SYS1 System1 Group Plc

TIDMSYS1

RNS Number : 7102I

System1 Group PLC

03 April 2020

 
 Press Release    3 April 2020 
 

System1 Group PLC (AIM: SYS1)

("System1", or "the Company", or "the Group")

Chief Financial Officer Resignation

System1 Group PLC (AIM: SYS1) (the international online market research agency), announces today that, after 17 years as Chief Financial Officer, James Geddes is stepping down with effect from April 20(th) 2020.

The Company has appointed Chris Willford as James' successor and James will be working with Chris to ensure an orderly handover of responsibilities. It is expected that Chris will join the board of the Company, subject to the satisfactory completion of usual due diligence checks, and a further announcement will be made in due course.

John Kearon, CEO, commented:

"On behalf of the Board, Staff, Investors and Suppliers, past and present, I would like to thank James for 17 years of remarkable service to the Company. James and I have worked shoulder-to-shoulder to build the Company over many years and, on behalf of everyone involved, I am extremely grateful for James' many years of hard work and enormous contribution.

Change is never easy but someone of the calibre and experience of Chris is a worthy and able successor to help the Company achieve its ambitions. Chris is eminently well qualified for the job, having spent his career with blue chip consumer businesses including Unilever, British Airways (Group Treasurer), Barclays (FD of Corporate Bank and UK Retail Bank) and Bradford & Bingley (Group FD). In the past decade, Chris has worked as a consultant with a portfolio of scale up businesses facing similar challenges to those of System1. I'd like to take the opportunity to welcome Chris to the Company."

The Company can be found at www.system1group.com .

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information, please contact:

 
 System1 Group PLC                       Tel: +44 (0)20 7043 
                                                        1000 
 John Kearon, Chief Executive Officer 
 James Geddes, Chief Financial Officer 
 Canaccord Genuity Limited                 Tel: +44 (0)20 7523 
                                                          8000 
 Simon Bridges / Andrew Potts 
 

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END

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