Bytes Technology Group PLC AGM Statement (0417G)
July 22 2021 - 2:00AM
UK Regulatory
TIDMBYIT
RNS Number : 0417G
Bytes Technology Group PLC
22 July 2021
22 July 2021
Bytes Technology Group plc
("Bytes", "the Company")
AGM Statement
Ahead of its Annual General Meeting being held later today, the
Bytes Board issues the following brief update on trading.
Bytes, one of the UK's leading software, security, and cloud
services specialists, is pleased to report that it has made a
positive start to the current financial year. Public sector has
continued to perform strongly and there are encouraging signs that
corporate spending has picked up. Cash conversion has also been
strong in the period.
The Board is also pleased to welcome Andrew Holden to Bytes'
executive committee. Andrew joined the Company in June as Chief
Operating Officer, having relocated to the UK from his previous
Chief Operating Officer role at Altron, Bytes' former parent
company. His prior knowledge of the business and the management
team has enabled Andrew to slot into the business quickly.
Neil Murphy, Chief Executive Officer, said:
"As the last remaining lockdown restrictions are lifted, we are
looking forward to returning to a less virtual environment while
capturing some of the enduring efficiencies that have emerged over
the past year. We expect to see a progressive return to the office,
and increased physical sales activity, over the summer months and
look forward to welcoming our next new sales intake in
September."
-Ends-
Enquiries:
Bytes Technology Group
Neil Murphy, Chief Executive Officer
Tel: +44 (0)1372 418 500
Headland Consultancy
Stephen Malthouse
Lucy Legh
Henry Wallers
Jack Gault
Tel: +44 (0) 20 3805 4822
Email: bytes@headlandconsultancy.com
About Bytes Technology Group plc:
Bytes is one of the UK's leading providers of IT software
offerings and solutions, with a focus on cloud and security
products. The Bytes Group enables effective and cost-efficient
technology sourcing, adoption and management across software
services, including in the areas of security and cloud. It aims to
deliver the latest technology to a diverse and embedded
non-consumer customer base and has a long track record of
delivering strong financial performance.
The Company has a primary listing on the Main Market of the
London Stock Exchange and a secondary listing on the Johannesburg
Stock Exchange.
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END
AGMSEWFIFEFSEIW
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