BILB.L Regulatory News (BILB)

7 November 2018

Bilby Plc

("Bilby" or the "Group")

Appointment of Group Finance Director, change of Nomad and Broker, and change of Registered Office

Bilby Plc (AIM: BILB.L), a leading gas heating, electrical and building services provider, is pleased to announce the appointment of Clive Lovett to the Board as Group Finance Director with effect from 12 November 2018.

The Group also announces the appointment of Canaccord Genuity Limited as Nominated Adviser ("Nomad") and Joint Broker alongside Stanford Capital Partners with immediate effect.

The appointment of Clive follows the announcement made on 4 September 2018 of David Ellingham, formerly Group Finance Director, being appointed to the role of Chief Executive Officer of the Group.

Clive, aged 54, joins Bilby from St. Ives plc, the international digital transformation group now called Kin and Carta plc, where he was Group Finance Director since 2010 for its subsidiary St. Ives Marketing Activation (SIMA) a marketing services firm. At SIMA, he was part of the leadership team that undertook the successful restructuring of the businesses and its subsequent return to growth prior to the sale of the businesses in early 2018. Prior to joining SIMA, Clive held senior finance roles at Informa Ltd, part of Informa plc, and IBC Business Publishing. Clive qualified as a Chartered Accountant in 1989.

The Group also announced that it has relocated its head office and therefore changed its registered office to Bilby Plc, Brooklyn Lodge, Mott Street, High Beech, Waltham Abbey, London, E4 7RW

Sangita Shah, Chairperson, commented:

"The Board is delighted to welcome Clive as Group Finance Director. His breadth of experience in fast growing listed businesses and having operated in a similar Company structure to Bilby shows he is an ideal fit for the Group. Together with his deep finance expertise, I am confident that he will be highly valuable to the Group. We very much look forward to working with him as we continue to grow both organically and through our buy and build strategy."

Save as disclosed above, there are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014. Market soundings, as defined in MAR, were taken in respect of the share sale with the result that certain persons became aware of inside information, as permitted by MAR. That inside information is set out in this announcement and has been disclosed as soon as possible in accordance with paragraph 7 of article 17 of MAR. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to the Group and its securities.

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