4 Mar 2019 07:00
4 March 2019
Brady plc
("Brady", the "Company" or the "Group")
Directorate Changes
Brady plc, a leading global provider of trading, risk management and settlement solutions to the commodity and energy markets, announces that Iain Greig and Daniel Look have joined the Board as Non-Executive Directors with immediate effect.
Iain is an experienced CTO and COO with a track record of delivering large-scale technology and business change programmes and commercial and operational leadership. For over 25 years Iain has specialised in the physical commodities trading and financial services industries, working with global integrated oil companies, entrepreneurial trading organisations, consultancies, global exchanges and clearing houses. As CTO of LME Clear, Iain led the technical build and successful launch of the new clearing house for the London Metal Exchange, going on to run the new business as COO. Most recently, Iain co-founded Ivno - a financial technology start-up focused on asset tokenisation and blockchain based payments solutions.
Daniel has approaching 25 years of experience as a consultant in the energy and commodity sectors with a focus on trading and risk management, initially with Accenture before joining Baringa during its founding stage. At Baringa, Daniel led the commodity and energy trading consulting group to become the recognised leader in its field, alongside his role as a Senior Partner in the broader global business. Since retiring from Baringa in 2017, Daniel has undertaken a variety of board and advisory roles.
Ian Jenks, Executive Chairman of Brady, commented: "I would like to welcome Iain and Daniel to the Board. Iain's technical commodity background and Daniel's knowledge of the energy trading sector bring vital additional skills to the Board as we take the Company to the next stage."
Pursuant to Rule 17 and Schedule Two, Paragraph (g) of the AIM Rules for Companies, the following information is disclosed in respect of Ian Greig and Daniel Look:
Iain Stuart Greig, aged 49, holds or has held the following directorships or partnerships in the past five years:
Current | Previous |
Ivno Limited | IJG Consulting (Dissolved) |
Daniel James Look, aged 45, holds or has held the following directorships or partnerships in the past five years:
Current | Previous |
Baringa Partners LLP Lutmans Limited Vestemi Limited | Baringa Consulting Limited Baringa Ireland Limited Baringa Services Limited Redpoint Energy Limited |
There is no other information regarding Iain Greig or Daniel Look required to be disclosed under the AIM Rules for Companies.
For further information, please contact:
Brady plcIan Jenks, Executive ChairmanMartin Thorneycroft, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc - NOMAD and BrokerMark Connelly - Corporate Finance
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Telephone: +44 (0)20 7397 8900 |
Newgate CommunicationsBob Huxford/ Ian Silvera | Telephone: +44 (0)20 7653 9848
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About Brady
Brady plc (BRY.L) is the largest European‐headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined, soft commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets and its clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, tier one banks, a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.