Thu, 6th Feb 2020 07:00
6 February 2020
7digital Group plc
("7digital" or "the Company")
Appointment of Independent Non-executive Director
7digital Group plc (AIM:7DIG), the global leader in B2B end-to-end digital music solutions, announces the appointment of Helen Gilder as an Independent Non-executive Director of the Company with immediate effect.
Helen brings significant technology and financial experience to the Board, with a strong track record as a finance director of fast-growth digital and software companies as well as extensive non-executive experience in the technology and retail sectors.
Helen joined ZOO Digital Group plc in 2000 and was CFO from 2006 to 2018, guiding the business through both its initial AIM IPO and subsequent reverse takeover and re-admission, as well as several secondary fundraisings. Under her executive leadership, the business grew from a market capitalisation of £3m to an international operation of over £100m with 200 people. ZOO Digital Group plc was named Company of the Year at the 2018 Small Cap Awards.
In a non-executive capacity, Helen advises a number of growth businesses, including Slingshot Simulations Ltd, a developer of simulation technologies, GI UK Medical Ltd, a medical distribution company, and Via Moto Ltd, a motorbike retail and repair business. Helen also chairs Asperger's Children and Carers Together, a charity that supports families affected by Asperger's and High Functioning Autism, and sits as a member of the Regional Advisory Group of the London Stock Exchange. Helen qualified as a chartered accountant under ICAEW with PKF in 1991.
Commenting on her appointment, Helen Gilder said: "I'm delighted to be joining 7digital at such an exciting phase in the development of the business. 7digital's flexible music-as-a-service platform and technical expertise makes it a preeminent partner for those innovators shaping the future of the global music industry. The Company has renewed its focus on rigorous financial oversight and I look forward to contributing in this respect as 7digital reaches the key milestone of operational profitability."
Tamir Koch, Chair of 7digital, added: "Helen is an expert in creating finance strategies to deliver sustainable business growth, making her a tremendous addition to the Board of 7digital. She brings industry knowledge, financial acumen and listed company experience that will be of great value as we convert our market-leading technology and service offerings into value for shareholders."
The following details in relation to the appointment of Mrs Helen Patricia Gilder (aged 53) are disclosed in accordance with Schedule 2(g) of the AIM Rules:
Helen Gilder Ltd
Slingshot Simulations Ltd
Via Moto Ltd
GI UK Medical Ltd
Past directorships/partnerships (last 5 years)
ZOO Digital Group plc
ZOO Digital Production Ltd
ZOO Digital Ltd
ZOO Employee Share Trust Ltd
There is no further information to be disclosed in relation to Mrs Gilder's appointment pursuant to AIM Rule 17 or paragraph (g) of Schedule Two of the AIM Rules for Companies.
7digital 020 7099 7777
Paul Langworthy, CEO
Arden Partners (Nominated Adviser and Broker) 020 7614 5900
Richard Johnson, Benjamin Cryer
Luther Pendragon (Financial PR) 020 7618 9100
Harry Chathli, Joe Quinlan, Elliot Fradd
About 7digital (www.7digital.com/)
7digital is the global leader in B2B end-to-end digital music solutions. The core of its business is the provision of robust and scalable technical infrastructure and extensive global music rights used to create music streaming and radio services for a diverse range of customers - including consumer brands, mobile carriers, broadcasters, automotive systems, record labels and retailers. 7digital also offers radio production and music curation services, editorial strategy and content management expertise.
7digital fosters industry growth and innovation by simplifying access to music for clients. From years of being the largest independent producer of programming for the BBC and powering services for partners like Global Radio and Fender, 7digital is perfectly positioned to lead innovation at the intersection of digital music and next-generation radio services.
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