Elecosoft Regulatory News (ELCO)

Elecosoft plc

("Elecosoft", the "Company")

Appointment of Finance Director

The Board of Elecosoft plc (AIM: ELCO), the AIM-listed construction software specialist, is pleased to announce the appointment of Simon Morgan, FCA as Finance Director with immediate effect.

Simon Morgan has held numerous senior financial and other directorships in digital publishing, SaaS and business services companies. Most recently, Simon was CFO of MeteoGroup, a global provider of B2B weather forecasting services, prior to which he had held senior financial and managerial roles in various subsidiaries of RELX plc, including its US-based subsidiary, Elsevier Clinical Solutions. He is a Fellow of the Institute of Chartered Accountants in England and Wales.

John Ketteley, Executive Chairman of Elecosoft said,

"We are delighted to welcome Simon Morgan to the Board of Elecosoft. More than two thirds of our turnover is in overseas markets and Simon's substantial international financial experience will be valuable to us as we focus on leveraging the significant cross-selling opportunities presented to us by our recent move to extend the Elecosoft brand across all our software products and markets. We look forward to working with such an experienced finance professional."

About Elecosoft plc

Elecosoft is listed on the Alternative Investment Market in London (AIM: ELCO). It is a specialist international provider of software and related services to the architectural, engineering, construction and digital marketing industries from centres of excellence in the UK, Sweden, Germany and the US. Elecosoft's market leading software solutions are developed by teams in the United Kingdom, Sweden and Germany; and its software programs cover project management, construction site management, estimating, timber engineering, 3D design and visualisation, and cloud based digital marketing solutions.

Regulatory Disclosures

The following disclosures are required regarding Simon's appointment pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Full name and age: Simon Philip Morgan FCA, aged 40

Current directorships and partnerships:

N/A

Directorships and partnerships held over the last 5 years:

Sunshine Topco Ltd

Sunshine Finco Ltd

Sunshine Holdco Ltd

Sunshine Purchaser Ltd

Sunshine Midco Ltd

MeteoGroup Ltd

MeteoGroup UK Ltd

Meteo New UKco Ltd

MeteoGroup Dutch Holdco BV

MeteoGroup Netherlands BV

MeteoGroup German Holdco GmbH

MeteoGroup Deutschland GmbH

MeteoMedia GmbH

MeteoGroup USA Inc

MeteoGroup Espana SL

MeteoGroup Italia Srl

MeteoGroup Belgium SA

MeteoGroup Ireland Ltd

MeteoGroup New IrishCo Ltd

MeteoGroup France SAS

MeteoGroup Scandinavia AB

MeteoGroup Philippines Inc

MeteoGroup Weather Services Canada Inc

MeteoGroup Singapore Pte

MeteoGroup Schweiz AG

MM International (Europa) AG

MeteoGroup Polska SP zoo

Simon has no shareholding in the Company.

No further disclosure is required under AIM Rule 17 and paragraph (g) to Schedule Two of the AIM Rules with respect to Simon Morgan.

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