adept4 plc, the AIM listed provider of 'IT as a Service' ("ITaaS"), is pleased to announce that it has agreed a new contract with an existing customer which will run until May 2026 and will be worth in excess of £6 million in total revenue.
Gavin Lyons Executive Chairman Gavin Lyons, Executive Chairman, is responsible for the planning, setting and execution of the company’s strategy. Gavin has had a distinguished career in the TMT sector, most recently as CEO of Accumuli PLC, a successful buy and build in the IT security sector sold to NCC Group plc for £55m.
Ian Winn Finance Director and COO Ian is Finance Director and COO. Ian joined on 1 February 2016 from Mobica Limited, a software development and integration services company where he was Finance Director. From 2006 to 2015, Ian worked at Accumuli plc, one of the UK's leading independent providers of IT Security and risk management which was successfully sold to NCC Group plc for £55m.
Simon Duckworth, OBE Non-Executive Director Simon Duckworth, OBE DL, holds a number of non-executive positions in the public and private sectors and is currently Chairman of Barings Targeted Return Fund and the senior non-executive Board Member at the Serious Fraud Office (SFO). He was a non-executive Director of Fidelity's flagship European Investment Trust, Fidelity European Values plc, for a decade, and has sat on the Boards of a number of AIM listed companies as a non-executive director. Simon was a non-executive director of Accumuli plc from 2010 until its sale to NCC plc in 2015 for £55m.
Dr Tom Black Non-Executive Director Tom is co-founder and Non-Executive Chairman of Digital Barriers plc, an AIM-listed business focused on the surveillance sector and which operates in the global Homeland Security Market. Prior to setting-up Digital Barriers in 2009, Tom led the £12m management buyout of Detica in 1997 and the Group's flotation on the London Stock Exchange in April 2002. He then oversaw the acquisition of Detica by BAE Systems in 2008 for £538m.
MXC Capital 25.00% Living Bridge 10.00% Hargreave Hale 9.5% Andrew Barnes 7.9% Darren Weston 7.9% Michelle Weston 6.4% Tom Black (NED) 3.9% Simon Duckworth OBE (NED) 1.9% Gavin Lyons (Exec Chairman) 1.8% Ian Winn (FD & COO) 0.6%
Pinnacle Technology Group plc, the AIM listed provider of 'IT as a Service', announces that at the Company's General Meeting held earlier today, all resolutions were duly passed.
The Company's name will change to adept4 plc upon registration at Companies House and trading in the Company's shares under the new name will commence with effect from 14 June 2016. The Company's London Stock Exchange Tradable Instrument Display Mnemonic ("TIDM") will change to AD4.L. The Company's ISIN number will remain unchanged.
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