Dev Clever Holdings PLC New Appointment (7906Z)
September 23 2020 - 2:00AM
UK Regulatory
TIDMDEV
RNS Number : 7906Z
Dev Clever Holdings PLC
23 September 2020
Dev Clever Holdings plc
("Dev Clever" or "the Company")
Global Sales Director Appointment
Dev Clever (LSE: DEV), the developer of careers guidance and
development platforms, is pleased to announce that Richard Lee has
been appointed to the Senior Management team as Global Sales
Director of the Educate Division with immediate effect. Richard was
until very recently the Business Development Manager of Educational
Global Verticals at Lenovo Group Limited ("Lenovo"). Prior to that
Richard worked across a number of other roles at Lenovo, including
as part of its Global Solutions team.
Richard worked extensively on the launch of the Lenovo VR
Classroom product and has an in-depth understanding of the EdTech
market and of Dev Clever's comprehensive service offering, recently
significantly enhanced through a partnership agreement with Veative
Labs Pte. Ltd. ("Veative"). In order to accelerate certain
important initiatives, it was agreed that Richard would transition
from Lenovo to Dev Clever immediately.
Richard will focus on building the Company's existing
partnerships and enhance the already focused sales strategy in its
current global territories. Additionally, Richard will assist with
developing the strategy for further territories including the
recently announced entry into the Indian market.
Richard has been granted options ("Options") to acquire
3,000,000 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") under the Company's EMI scheme, exercisable at a price of
10 pence per Ordinary Share. These options are subject to
continuous employment with one third of the Options exercisable on
the first anniversary of grant; one third exercisable on the second
anniversary of grant; and one third exercisable on the third
anniversary of grant. The Options expire on 19 September 2030 if
not exercised.
Chris Jeffries, CEO of Dev Clever, commented on the
appointment:
"Richard is a great addition to our Senior Management team and I
am really pleased that he can join us with immediate effect. We
continue to make encouraging progress and are in a position to
attract and secure talented individuals who require minimal
on-boarding and can hit the ground running to help us drive our
business securely towards the next phase of profitable
expansion."
Richard Lee, Global Sales Director of the Educate Division,
added:
"I am delighted to join at this exciting and pivotal period of
Dev Clever's development. Over the past year I have come to know
both Dev Clever's innovative product solutions and the team well,
and I'm confident my expertise will add significant value at this
stage in the Company's development. The recent partnership
agreement with Veative gives substantial additional reach and
credibility and has clearly strengthened the collective product
proposition in the Education vertical. I am excited to have been
given the opportunity to drive and further accelerate the growth of
LaunchYourCareer.com and VICTAR VR in the existing and to be added
regions and countries and firmly believe that Dev Clever will
thrive in this exciting and rapidly expanding sector globally."
-ends-
Dev Clever Holdings plc
Christopher Jeffries
Chief Executive Officer and Executive
Chairman
Nicholas Ydlibi
Chief Financial Officer +44 (0) 330 058 2922
Novum Securities Limited - Financial
Adviser and Joint Broker
David Coffman / Colin Rowbury +44 (0) 20 7399 9400
Pello Capital - Joint Broker
Daniel Gee +44 (0) 203 700 2534
Buchanan Communications
Richard Oldworth / Chris Lane +44 (0) 207 466 5105
Notes to Editors
Dev Clever Holdings plc, together with its wholly owned
subsidiary DevClever Limited, is a software and technology group
based in Tamworth, United Kingdom, specialising in the use of
lightweight integrations of cloud-based VR and gamification
technologies to deliver rich customer engagement experiences across
both the education and commercial sectors. In January 2019, Dev
Clever listed on the Standard List of the London Stock Exchange.
The Group's core focus is the development and commercialisation of
its core platforms:
Educate Division:
Careers guidance and recruitment solution that offers secondary
schools, colleges, universities, apprenticeship providers and
employers with a range of digital products to more efficiently
recruit and develop applicants and skills within their institutions
and organisations.
Agency Services:
The Company's agency services division provides customers from
the retail, brand and hospitality sectors with bespoke application
and customisation of the Group's proprietary cloud-based products
in order to increase consumer engagement, transactional
efficiencies and enhance customer experience within their venues,
our products include:
Engage: a proprietary cloud-based gamification solution that
offers brands and retailers a range of products to drive higher
levels of consumer engagement via the use of digitally redeemable
incentives at the same time as fully controlling spend.
PubPal: a proprietary, cloud based mobile, contactless ordering
and payment product developed to support the independent
hospitality sector. Offered as a Software-as-a-Service ("SaaS")
platform, PubPal is a stand-alone product that provides venue
operators with a light touch mobile ordering system that doesn't
require customers to download a mobile app. PubPal is an easy to
implement solution that requires no upfront cost or the need for
operators to have compatible Electronic Point of Sale software.
Experience: a multi-user virtual reality (VR) framework and
augmented reality framework that enables customers of our Engage
and Educate channels to extend their customer and student
experiences through VR.
For further information, please visit
www.devcleverholdingsplc.com
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