Fireangel Regulatory News (FA.)

22 January 2019

FireAngel Safety Technology Group plc

("FireAngel" or the "Company")

Directorate change

FireAngel (AIM: FA.), one of Europe's leading developers and suppliers of home safety products, is pleased to announce the appointment of John Conoley as Non-Executive Chairman of the Company with immediate effect.

John Conoley brings significant executive and non-executive Board level experience of both fully listed and AIM quoted businesses. He began his career in the IT industry with IBM in 1983, and worked in a range of industries in technical, sales, and marketing roles. Since then, John has held general management and director-level roles in small and medium-sized private and public companies. Recent public company roles include Chief Executive Officer of Psion PLC, the fully listed international mobile device company, from April 2008 to October 2012 when it was sold to Motorola; and Non-executive Director of NetDimensions (Holdings) Limited, the AIM quoted human capital management software company, from October 2016 to April 2017 when it was sold to Learning Technologies plc. Current roles comprise Executive Chairman of eServGlobal Limited ("eServGlobal"), the AIM and ASX quoted innovative mobile financial services company, since April 2015 (part time since 1 January 2019) having initially joined the board as a non-executive Director in May 2013; Non-executive Director of HomeSend SCRL, the company jointly owned by eServGlobal and Mastercard; and Non-executive Chairman of Parity Group plc, the AIM quoted professional recruitment and IT services company where he was appointed in April 2017.

Following John Conoley's appointment as Non-Executive Chairman of the Company, Graham Whitworth, the Company's Executive Chairman, has been appointed part time Executive Director of the Company for 12 months with a view to becoming a non-executive Director of the Company on the expiry of the 12 months.

John Shepherd, Chairman of the Company's Nominations Committee, commented: "Having conducted an extensive search, we are pleased to announce John's appointment as Chairman of FireAngel with immediate effect. He brings with him a wealth of executive and non-executive experience and we look forward to him joining the Board and working with him."  

Graham Whitworth, Executive Chairman of the Company, commented: "From my initial involvement as a seed investor, it has been hugely satisfying to have led the business to become a leading European safety products provider. The next phase for the Company is to continue the transition from self-contained safety products provider into a fully integrated, connected safety solutions provider.

"I see this as the next logical and most exciting phase for the Company and to ensure success, additional skills will be required. I will continue to contribute and remain actively involved with the business. I would like to thank each of our stakeholders for their support in the past and wish the new team every success for the future."

William Payne, Senior Non-executive Director of the Company, added: "Graham has made an outstanding contribution to the Company on many fronts over nearly twenty years, and we are delighted he is continuing in an executive capacity to ensure that knowledge and experience is not lost to the Group."

For further information, please contact:

Regulatory disclosures (in accordance with Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies)

John Richard Conoley, aged 57, is, or has been during the last five years, a director or partner of the following companies/partnerships:

Current directorships/partnerships:

eServGlobal (UK) Limited

HomeSend SCRL

Nehra Limited

Parity Group plc

Pictor Developments Limited

Previous directorships/partnerships:

Autologic Diagnostics Limited

Autologic Diagnostics Holdings Limited

Autologic Diagnostics International Limited

Diagnos Limited

NetDimensions (Holdings) Limited

Outstep Limited*

*John was a Non-executive Director of Outstep Limited until January 2015 when the company was dissolved following a creditors' voluntary liquidation (with a deficit to unsecured creditors of approximately £0.5 million)

John Conoley has confirmed that there are no other disclosures to be made in accordance with Schedule Two paragraph (g) of the AIM Rules for Companies.

Notes to Editors

About FireAngel

 FireAngel's mission is to protect, save and improve our customers' lives by making innovative, leading edge technology simple and accessible. FireAngel is one of the market leaders in the European home safety products market and launched its own connected homes product proposition at the end of 2016.

FireAngel's principal products are smoke alarms, CO alarms and accessories. The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories. Products are sold under FireAngel's leading brands of FireAngel, FireAngel Pro, AngelEye and FireAngel Connect.

For further product information, please visit: www.fireangeltech.com