EVRH.L Regulatory News (EVRH)

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

EVR Holdings plc

("EVR" or the "Company")

Board Changes

EVR Holdings (AIM: EVRH), is pleased to announce the appointment of Anthony Matchett, the company's current CEO, as Executive Chairman, in addition to his role as Chief Executive Officer. Sean Nicolson, who has been Chairman since the Company was recapitalised in 2015, has stepped down as Chairman and Director with immediate effect. Simon Cole, who first joined EVR as a director in March 2016, is to adopt the newly created role of Senior Non-Executive Director.

In-keeping with the company's plans for Global expansion, including a strong focus on the United States, EVRH is pleased to appoint Anthony Matchett, the company's co-founder and current CEO, as Executive Chairman. Having introduced a number of US based institutions as part of a successful fundraise in October last year, it is appropriate that as the business continues to establish a greater presence in the US, the Board will now be restructured to ensure that the Company's investor base, in both the US and the UK, is better supported by those who will lead further initiatives during 2018 and beyond.

As part of the board restructuring, the company has appointed a leading executive search agent to source up to three additional non-executive directors, who will bring further top-tier expertise to the company's existing pool of talent.

EVR Holdings would like to thank Sean Nicolson for all of his support and input to date and wish him continued success during 2018 and beyond.

Anthony Matchett said: "I am pleased to be appointed as Executive Chairman. 2018 is a year of significant importance to EVR Holdings and to our subsidiary MelodyVR as we approach the consumer launch of our first consumer product; the MelodyVR music platform. As we all embark on this revolutionary journey and following a period of working in stealth, I am excited to share with both our shareholders and music fans alike, a new and ground-breaking way to experience music. I will continue to work with our excellent board of directors in my new capacity as Executive Chairman and I look forward to welcoming new, reputable and respected Non-Executive Directors, with top-tier sector experience, from both Europe and the United States, to the board over the course of the coming year. I anticipate working even more closely with Simon, in his new role as Senior Non-Executive Director, as we endeavour to ensure that the company has both the regulatory and operational structure in place, to support our significant growth over the coming years. As we move closer to our consumer launch, I would like to take this opportunity to announce a new look and feel for MelodyVR as a brand and I encourage interested parties to visit www.melodyvr.com for further information. I would like to extend thanks to Sean Nicolson for his time with the company and to all of our shareholders for their on-going support, I look forward to providing additional, more detailed updates on our consumer launch plans and corporate activities very shortly".

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