Red24 PLC Directorate Change (9029W)

TIDMREDT

RNS Number : 9029W

Red24 PLC

03 May 2016

3 May 2016

red24 PLC

("Red24" or the "Company")

Management and Board Appointment

red24 plc, the crisis management assistance company, is pleased to announce that Mr Nick Powis has joined the Company as Head of Operations and that Mr John Michael Brigg has been appointed to the Board as a Non-Executive Director with immediate effect.

Nick joins red24 from Marsh Ltd, where he was Crisis Consultancy Director. He has 20 years' international security risk-management and crisis-management experience and he will further strengthen the management team.

Michael Brigg ("Micky") has extensive knowledge and experience across the Insurance industry, involving start-ups, mergers & acquisitions, business and growth strategy and customer management, with a particular focus over the past 24 years on Asia, India and the Middle East, including time heading up the RSA operations for South East Asia and India. He is an Associate of the Chartered Insurance Institute.

Commenting, Simon Richards, Chairman of red24, said:

"I am delighted to welcome Nick and Micky to red24. Nick brings the operational experience to drive the Company forward on the next stage of its growth journey. Micky has been a long standing shareholder and supporter of the Company and his wealth of experience across the insurance industry, both domestically and worldwide, will further enhance the red24 board."

The following information is disclosed pursuant to Schedule Two Paragraph (g) of the AIM Rules for Companies:

Mr John Michael Brigg, age 67

Current Directorships / Partnerships:

EMIS International Business Limited ("EMIS")

Royal & Sun Alliance (Middle East) Ltd.

Previous Directorships / Partnerships

Broker World Solutions (Dubai)

Micky currently holds 8,456,500 ordinary shares in the Company (17.09%). There are no other disclosures required in relation to Rule 17 of paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Enquiries

   red24 PLC                                                             Tel : +44(0) 203 291 2424

Simon Richards, Chairman

Maldwyn Worsley-Tonks, CEO

   finnCap                                                                  Tel: +44(0) 20 7220 0500 
   Julian Blunt / James Thompson                        (Corporate Finance) 
   Alice Lane                                                              (Corporate Broking) 
   Yellow Jersey PR Ltd                                           Tel: +44(0) 7768 534 641

Philip Ranger, Aidan Stanley

About red24

red24 is headquartered in the UK and is listed on the London Stock Exchange (AIM: REDT). Further information is available at www.red24plc.com

red24 is a crisis assistance company that provides a range of security and business support services, offering preventative and reactive advice to help organisations and individuals avoid or manage security and business risks to themselves, their families and their businesses. Its products and services are distributed through leading international financial service companies.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 03, 2016 02:01 ET (06:01 GMT)

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