CTP.L Regulatory News (CTP)

Castleton Technology plc

 ("Castleton", the "Group" or the "Company")

Board Changes

Castleton (AIM: CTP), the software and managed services provider to the public and not-for-profit sectors, is pleased to announce the appointment of Dean Dickinson as Chief Executive Officer, effective from 31 October 2016. Ian Smith will remain on the Board in an executive role as Deputy Chairman.

Dean Robert Dickinson, aged 55, was previously Managing Director of Advanced Business Solutions, part of Advanced Computer Software Group Limited (previously Advanced Computer Software plc ("ACS")), where he led the impressive growth of the Public Sector and Enterprise division following the acquisition of COA Solutions in 2010. Dean was part of the senior management team that sold ACS to Vista Private Equity for £725 million in March 2015.

Dean has over 30 years' operational experience in the software industry and was one of four directors at Walker Inc responsible for an MBO backed by Alchemy Private Equity in 2002 to form a new business called Arelon. Arelon merged with Cedar in 2003 and was rebranded COA Solutions where he became Deputy Managing Director for the business as a whole.

Commenting on the appointment, Ian Smith, incoming Deputy Chairman, said:

"I am delighted we have secured someone of Dean's calibre to guide Castleton through its next phase of development. He brings with him significant experience in both software and the public sector and has an impressive track record of delivering growth.

"I look forward to working with Dean in my new role as Deputy Chairman, which will enable me to focus on Group strategy and key client relationships."

There are no further disclosures required in relation to Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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About Castleton Technology plc

Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The acquisitions of Montal, Documotive, Opus, Keylogic, Brixx, Impact Applications and Kypera bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. www.castletonplc.com 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.