The
information contained within this announcement is deemed by
CloudCoCo to constitute inside information pursuant to Article 7 of
EU Regulation 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 as
amended.
27 June 2024
CloudCoCo Group plc
("CloudCoCo", the
"Company" or the "Group")
Board Change
CloudCoCo (AIM: CLCO), a leading UK provider of
managed IT services and communications solutions to private and
public sector organisations, today announces that
Non-Executive Director, Jill Collighan has stepped down from the
board, taking effect from 30 June 2024, to focus on her CFO duties
at MXC Capital Limited.
Jill has been a non-executive director since
2017, where she has served as chair of the Audit Committee and a
member of the Remuneration Committee.
Simon Duckworth will replace Jill as interim
chair of the Audit Committee with immediate effect and Ian Smith
(CEO of MXC Capital Limited) will continue in his role of
consultant to the Board and will represent MXC Capital's interests
in the business.
The Board will seek to appoint a new
Non-Executive Director to the Board as soon as possible and will
provide further updates when appropriate.
Simon
Duckworth, Non-Executive Chair, commented:
"On behalf of
the board and management team, I would like to thank Jill for her
contribution and service to the company throughout her
tenure."
Contacts:
|
CloudCoCo Group
plc
Simon Duckworth (Non-Executive Chair)
Darron Giddens (CFO)
|
Via Alma
|
|
Allenby Capital
Limited - (Nominated Adviser & Broker)
Jeremy Porter/Daniel Dearden-Williams (Corporate
Finance)
Tony Quirke/Amrit Nahal (Equity
Sales)
|
Tel: +44 (0)20 3328 5656
|
|
Alma Strategic
Communications
David Ison
Kieran Breheny
Will Merison
|
Tel: +44 (0)20 3405 0205
cloudcoco@almastrategic.com
|
About CloudCoCo
Supported by a team of industry
experts and harnessing a diverse ecosystem of partnerships with
blue-chip technology vendors, CloudCoCo makes it easy for private
and public sector organisations to work smarter, faster and more
securely by providing a single point of purchase for their
Connectivity, Multi-Cloud, Collaboration, Cyber Security, IT
Hardware, Licencing, Support and Professional Services.
CloudCoCo has headquarters in Leeds
and regional offices in Warrington, Sheffield and
Bournemouth.
www.cloudcoco.co.uk