Bytes Technology Group PLC Directorate Change and Notice of Results (7307P)
October 21 2021 - 2:00AM
UK Regulatory
TIDMBYIT
RNS Number : 7307P
Bytes Technology Group PLC
21 October 2021
21 October 2021
Bytes Technology Group plc
Directorate Change - Chief Financial Officer and Notice of
Results
Further to the announcement on 14 September 2021, Bytes
Technology Group ("Bytes" or "the Group"), one of the UK's leading
software, security and cloud services specialists, is pleased to
announce the appointment of Andrew Holden as Chief Financial
Officer ("CFO"). Andrew will assume the position of CFO immediately
and joins the Board as an Executive Director. The responsibilities
that Andrew held in his previous position as Chief Operating
Officer ("COO") will be absorbed into his CFO role.
The Board considers it appropriate that, as part of the managed
handover period and controlled transition of responsibilities
announced previously, Keith Richardson will step down as Executive
Director with immediate effect.
Andrew joined Bytes as COO on 1 June 2021 from JSE-listed
technology company, Altron Limited, Bytes' former parent company,
from which it demerged in 2020. Andrew has extensive financial and
operational experience in the ICT sector, having spent more than 27
years at Altron, the last 15 years in various senior leadership
roles. His most recent position was that of COO which he held for
five years, including a period of eight months where he held both
the COO and CFO roles simultaneously.
Patrick De Smedt, Chairman of Bytes, said: "We are very pleased
to announce Andrew as Keith's permanent successor as Chief
Financial Officer. Andrew brings to the role a wealth of industry
experience and benefits from knowing Bytes well from his time at
Altron. We look forward to supporting him and Neil Murphy on the
successful delivery of our growth strategy in the years ahead."
Andrew Holden, Chief Financial Officer of Bytes, said: "I am
very proud to be appointed to the role of CFO on a permanent basis
and I am excited about the opportunities that lie ahead for the
Group. I am looking forward to working closely with Neil to
maximise the growth potential of Bytes."
Andrew does not hold any other directorships in publicly quoted
companies and has not held any in the past five years. There are no
further disclosures to be made pursuant to the change in
directorate.
Notice of Results
Bytes will announce its half year results for the six months
ended 31 August 2021 on 28 October 2021.
Management will host a webcast presentation and Q&A session
for analysts at 09:30am (BST) / 10:30am (SAST) on the day. If you
wish to access the webcast, please contact Headland Consultancy at
bytes@headlandconsultancy.com for the registration details.
The announcement and presentation will be available after the
event at: https://www.bytesplc.com/investors .
-Ends-
Enquiries:
Bytes Technology Group
Neil Murphy, Chief Executive Officer
Andrew Holden, Chief Financial 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 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.
Bytes 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
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