Aferian PLC Board Change (9626J)

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RNS Number : 9626J

Aferian PLC

03 May 2022

RNS

3 May 2022

AFERIAN PLC

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

Board Change

Aferian plc (LSE AIM: AFRN), the B2B video streaming solutions company, today announces a change to its Board of Directors.

Erika Schraner, Non-Executive Director of Aferian plc since 2019 and current Chair of the Board's Audit Committee, is to step down from her Board position effective 29 July 2022 in order to enable her to better balance and devote appropriate time to her broad range of public company commitments.

A search to find a replacement Non-Executive Director is under way and the Company will provide further updates on progress with the search as appropriate.

Mark Wells, Non-Executive Chairman of Aferian said: "On behalf of the Board and our entire Aferian team, I would like to thank Erika for her invaluable contribution to our firm over the past three years. Her global perspective and deep sector knowledge have been helpful in shaping the sustainable growth strategy our company is now steadily, successfully executing against. We wish her well in the next phase of her career."

For further information please contact:

 
Aferian plc                                     +44 (0)1954 234100 
Mark Wells, Chairman 
 Donald McGarva, Chief Executive Officer 
 Mark Carlisle, Chief Financial Officer 
 
Investec plc                                    +44 (0)20 7597 5970 
David Anderson / Patrick Robb / Nick Prowting 
 / Cameron MacRitchie 
 
FTI Consulting (Financial communications)       +44 (0)20 3727 1000 
Matt Dixon / Elena Kalinskaya

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 has over 350 staff located in offices in San Francisco, Amsterdam, Helsinki, Copenhagen, Madrid, Porto, Brno, Buenos Aires, and Hong Kong. For more information, please visit www.aferian.com .

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May 03, 2022 02:01 ET (06:01 GMT)

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