Eleco PLC Directorate Change (5354O)

TIDMELCO

RNS Number : 5354O

Eleco PLC

10 February 2021

Eleco plc

("Eleco" or the "Company")

Directorate Change

Eleco plc, the AIM quoted construction software specialist, is pleased to announce that Mr. Jonathan Hunter, who took the position as Interim CEO as announced on 24 September 2020, has been appointed as CEO on a permanent basis.

Jonathan was appointed to the Board in June 2016, having held a number of senior management positions within Eleco plc since joining in 2010. He was appointed COO in 2017 prior to his appointment as Interim CEO in September 2020. Over the past five years, Jonathan has played a major role in Eleco's M&A activity as well as driving a number of crucial global growth initiatives. In addition, he played a fundamental role in the transition to a software group during and post divestment of the company's Building Systems division.

Serena Lang, Executive Chairman, commented: "Jonathan has been pivotal to the ongoing success of Eleco for the past 5 years and has ensured a continuing resilient performance since September, despite the difficulties faced by all businesses during the pandemic. I am therefore delighted that he has accepted the role of CEO on a permanent basis. We are nearing the completion of our strategic growth review and, given his intimate knowledge of the business and the markets that we serve, Jonathan is ideally placed to lead the Company through the next exciting phase of its growth journey."

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

 
For further information, please contact: 
Eleco plc                                 Tel: +44 (0)20 7422 8000 
Serena Lang, Chairman 
Jonathan Hunter, Chief Executive Officer 
 Ben Moralee, Group Finance Director 
 
  finnCap Limited                           Tel: +44 (0)20 7220 0500 
Geoff Nash / Kate Bannatyne / (Nomad) 
Richard Chambers (ECM) 
 
  SEC Newgate                               Tel: +44 (0)20 3757 6880 
Elisabeth Cowell / Isabelle Smurfit       eleco@secnewgate.co.uk

About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the Architectural, Engineering, Construction and Owner/Operator (AECO) industries and interior furnishing industries from centres of excellence in the UK, Sweden, Germany, Netherlands and the USA.

The Company's market-leading Elecosoft software solutions are developed by teams in the United Kingdom, Sweden and Germany, and its solutions include project management, estimating, timber engineering, CAD and visualisation, asset and facility management and cloud-based digital marketing solutions.

For further information please visit www.eleco.com .

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