Aukett Swanke Regulatory News (AUK)

Aukett Swanke Group Plc

Director Appointment

Aukett Swanke Group Plc (the Group) ("ASG"), the international group of architects and interior designers is pleased to announce the appointment of Clive Carver as an independent non-executive director.

Clive is a chartered accountant and worked with Coopers & Lybrand, Kleinwort Benson and Price Waterhouse Corporate Finance before becoming head of Corporate Finance at Seymour Pierce, Williams de Broe and finnCap, successively. He is Executive Chairman of Caspian Sunrise plc and Non-executive Chairman of appScatter Group plc, both are admitted to trading on AIM.

Nicholas Thompson commented: "The Board is delighted to have Clive join the board. We very much look forward to working together and benefiting from his extensive public markets experience."

Enquiries

In accordance with schedule 2(g) of the AIM Rules for Companies the following disclosures are made relating to Clive Nathan Carver, (age 58):

Current directorships/partnerships

Caspian Sunrise PLC

Eragon Petroleum PLC

Eragon Petroleum UAE

Aibek Investments UAE

ELK Associates LLP

ELK Corporate Services Ltd

appScatter Group PLC

Primary Bid Limited

BrightSpark Capital Limited

Fairfax Close Management

Previous directorships/partnerships

PowerHouse Energy Group plc

Darwin Strategic PLC

365 Agile PLC (formerly IAFYDS plc / V Phase PLC)1

Fastjet PLC

Ascent Resources PLC

First Graphene Limited (Australian)

Tax Systems PLC

1On 12 December 2003, 365Agile PLC's (then named Iafyds PLC) entire issued share capital was admitted to trading on AIM. Following completion of an acquisition constituting a reverse takeover under the AIM Rules for Companies, Iafyds PLC's enlarged share capital was re-admitted to trading on AIM on 26 September 2007. Due to adverse trading conditions, Iafyds PLC's shares were suspended from trading on AIM on 20 June 2013 and on 4 September 2013 Iafyds PLC was placed into administration under the Insolvency Act 1986. Following the approval of a company voluntary arrangement ("CVA") proposed by the administrators as a means of rescuing Iafyds PLC as a going concern, Iafyds PLC exited administration on 27 December 2013. On 24 September 2013, Iafyds PLC disposed of all of the intellectual property and tooling of its former operating subsidiary, VPhase Smart Energy Limited (which was dissolved on 26 February 2016 following liquidation). On 10 February 2014, simultaneously with a fundraising and other consequential corporate actions, Iafyds PLC became an investment company under the AIM Rules for Companies and its shares recommenced trading on AIM. On 23 January 2015, the supervisors of the CVA filed a notice of the completion of the CVA. Clive Carver was appointed as a director of Iafyds PLC on 10 February 2014.

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