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23 May 2017 07:00
23 May 2017
Defenx PLC("Defenx" or the "Company")
Appointment of Director
Defenx PLC (AIM:DFX), the cyber-security software group, is pleased to announce that, pursuant to the strategic partnership with BV-Tech SpA ("BV-Tech") announced on 11 April 2017, Franco Francione, the CFO of BV-Tech, has been appointed as a Non-Executive Director of the Company with immediate effect.
Mr Francione has 30 years' experience in finance and administration and joined BV-Tech in March 2017. He started his career in treasury management. In 2001, he moved to Segesta SpA, now part of the Euronext-listed Korian Group, a European leader in services to the elderly. At Segesta, Mr Francione was CFO and Real Estate Director responsible for finance, treasury, purchasing, administration, estates and M&A, and sat on 26 subsidiary boards. He speaks Italian and English.
Andrea Stecconi, Chief Executive Officer of Defenx, commented:
"I am delighted that Franco has joined the board of Defenx. I am also pleased that Franco has agreed to join the Audit Committee, where his career experience and financial expertise will no doubt support the committee's work."
Additional information on Mr Francione
The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:
Current and past Directorships for Franco Bruno Francione, aged 53:
Current | Previous (last five years) | |
BV-Tech Spa | Aurea Salus Srl | Platinum Spa |
Linus Srl | Cappuccine Srl | Rean Srl |
Optinet Srl | Care Service Spa | Residenza Formigine Srl |
Privatewave Italia Srl | Centro Riabilitativo Comunita Terapeutica Il Gabbiano Srl | Residenza I Platani Srl |
Croce di Malta Srl | Residenze Heliopolis Srl | |
Data Dominus Srl | Residenze Le Magnolie Srl | |
Dr. Alberto Bocchi Spa | Rsa Villa Anna Srl | |
Elia Domus Srl | Segesta Gestioni Srl | |
Gli Oleandri Srl | Segesta Latina Spa | |
Heraclia Srl | Segesta Mediterranea Srl | |
I Platani Srl | Segesta Spa | |
Il Ciliegio Srl | Segesta2000 Srl | |
Il Faggio Srl | Villa Delle Terme Spa | |
Kinetika Sardegna Srl | Villa San Clemente Srl | |
Le Palme Srl | Villa San Fortunato Srl | |
Marta Spa | Vittoria Srl | |
Mosaico Home Care Srl |
Mr Francione is a director of BV-Tech, which holds 3,480,388 ordinary shares representing approximately 29.6 per cent. of the Company's issued share capital. Mr Francione owns no shares in the Company personally.
There is no further information required to be disclosed pursuant to Schedule 2(g) of the AIM Rules.
Enquiries
Defenx PLCAndrea Stecconi - Chief Executive OfficerPhilipp Prince - Chief Financial Officer | 020 3769 0687 |
IFC Advisory (Financial PR and IR)Tim Metcalfe / Graham Herring / Heather Armstrong | 020 3053 8671 |
Strand Hanson Limited (Nominated and Financial Adviser)Richard Tulloch / Ritchie Balmer / James Bellman | 020 7409 3494 |
WH Ireland (Joint-Broker)Adrian Hadden / Nick Prowting | 020 7220 1666 |
Beaufort Securities (Joint-Broker)Jon Belliss | 020 7382 8300 |
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable cyber-security software group that offers a range of Security, Backup and Protection solutions for smartphones, PCs and networks.
A channel sales strategy, focused on flexibility, white-labelling and profit-share arrangements with distributors, telecoms companies and hardware manufacturers, enables Defenx to compete with established industry incumbents. Defenx's global distribution partners currently include 3Italia, Türk Telecom and Western Digital, amongst others including telecoms operators, systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015, acquired Memopal Srl in August 2016 and announced a strategic partnership with BV-Tech, an Italian IT solutions provider, in April 2017. These have allowed the Company to diversify its product portfolio and grow its customer base by adding proprietary cloud backup and encryption technology as well as new channel partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
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