Avanti Communications Group Plc Directorate Change (5149S)
March 12 2019 - 3:02AM
UK Regulatory
TIDMAVN
RNS Number : 5149S
Avanti Communications Group Plc
12 March 2019
Avanti Communications Group plc
Directorate Change
LONDON, 12 March 2019
Avanti Communications Group plc ("Avanti") announces that Adam
Kleinman has joined the Board of Avanti as a non-executive director
replacing Peter Reed who is resigning with effect from 12 March
2019.
Mr Kleinman is the President and Chief Operating Officer of
Great Elm Capital Group, Inc., the Chief Operating Officer, General
Counsel and Chief Compliance Officer of Great Elm Capital
Management, Inc. and the Chief Compliance Officer of Great Elm
Capital Corp. Prior to joining Great Elm, Mr. Kleinman was a
Partner and the Chief Operating Officer and General Counsel at a
Boston-based registered investment adviser from 2009 to 2017. From
2004 to 2009, Mr. Kleinman was an Associate in the Banking and
Leveraged Finance group at Bingham McCutchen LLP where he
represented leading financial institutions, hedge funds and
corporate borrowers in a broad range of commercial finance
transactions.
The following information is disclosed pursuant to Schedule Two
paragraph (g) of the AIM Rules for Companies:
Full name (age)
Adam Michael Kleinman (43)
Current directorships / partnerships:
None
Previous directorships / partnerships (in the last
five years):
Ezenia! Inc.
International Wire Group Holdings, Inc.
Nebraska Book Company, Inc.
Nebraska Book Holdings, Inc.
Windjammer Communications LLC
Windjammer Holdings Inc.
As at today's date, Mr Kleinman does not hold any ordinary
shares in the capital of the Company. Mr Kleinman holds a
beneficial interest in Great Elm Capital Corporation, which holds
approximately 9.1% of Avanti's issued ordinary share capital.
There are no further disclosures to be made pursuant to Schedule
2(g) of the AIM Rules for Companies in respect of Mr Kleinman's
appointment.
For further information, please contact:
Avanti Communications Nigel Fox, Chris McLaughlin
Tel: +44 20 7749 1600
Cenkos Securities (Nomad) Max Hartley, Katy Birkin
Tel: +44 207 397 8900
Newgate Communications Ralph Anderson
+44 (0)20 3757 6883
About Avanti
Avanti is focused on Government and international operations in
need of secure broadband connectivity across Europe, Middle East
and Africa. Avanti's HYLAS fleet offers up to 50 GHz of Ka and
Mil-Ka capacity over an expanding market.
Avanti delivers the level of quality and flexibility that the
most demanding telecoms customers in the world seek. Avanti is the
first mover in high throughput satellite data communications in
EMEA. It has rights to orbital slots and KA-band spectrum in
perpetuity that covers an end market of over 1.7bn people. The
Group has invested $1.2bn in a network that incorporates
satellites, ground stations, datacentres and a fibre ring.
Avanti is listed in London on AIM (AVN: LSE).
www.avantiplc.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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