Access Intelligence Plc (AIM: ACC), a leading supplier of compliance Software-as-a-Service solutions for the financial services, procurement and media sectors, is pleased to announce the appointment of Kole Dhoot as Finance Director with immediate effect.
Kulwarn (aka Kole) Singh Dhoot FCA, Finance Director (Aged 41)
Kole joined Access Intelligence in mid-December 2011, from his role as interim CFO at Fizzback Limited, following the successful trade sale to Nice Systems, a NASDAQ listed company. Fizzback was the venture capital-backed hyper-growth software house that specialized in customer engagement and feedback software-as-a-service ("SaaS") to blue chip retail brands. Prior to that he was CFO to Hospedia Limited, a hospital entertainment and communications company with over 1,000 staff across 150 NHS hospitals undergoing significant change. Kole trained as an accountant with BKL Tenon Plc before joining PWC and has worked at a number of quoted and unquoted companies in senior finance roles.
Jeremy Hamer, previously Finance Director, will now become a non-executive Director of the Group.
Michael Jackson, Executive Chairman commented "I would like to welcome Kole to the Board. We are pleased that Kole is stepping into the role of full-time finance director. I would like to thank Jeremy Hamer for his work in the role and we are pleased we will continue to benefit from his experience as a non-executive director."
Kole has 2,000,000 share options over Ordinary Shares in Access Intelligence awarded under the Group's EMI Option Scheme. The options are exercisable at a price of 2.2p per share from 19 December 2014 until 18 December 2021. Kole has no beneficial interest in ordinary shares in the Group.
This announcement includes all information required to be disclosed under Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.
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