Gateley Holdings Regulatory News (GTLY)

Gateley (Holdings) Plc

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

(AIM:GTLY)

SUCCESSION UPDATE

Appointment of Non-Executive Director and Chair Designate

Further to the announcement in the Final Results on 6 September 2023 that Nigel Payne will step down as Chairman at the 2024 AGM, Gateley, the professional services group, is pleased to announce that David Wilton will join the board as Chair Designate and Non-Executive Director on 1 February 2024.

David is a finance professional with many years' experience in publicly quoted, people-focused companies, gained through a combination of executive and non-executive director roles. He is currently Non-Executive Director and Chair of the Audit Committee at CVS Group plc, the £1.2bn market capitalised AIM listed provider of integrated veterinary services. David was Chief Financial Officer of Sumo Group plc, the AIM listed video game developer, from IPO in 2017 to its successful sale to Tencent in January 2022. He remained with the business until his retirement from executive roles later that year. More recently, he was, until November 2023, Chair of Frontier Developments plc the AIM listed independent developer and publisher of video games. His previous roles include Group Finance Director of WYG plc and NED and Chair of the Audit Committee of Sweett Group plc.

David spent the earlier part of his career in corporate finance, primarily in mid cap M&A with Rothschilds. He is a Chartered Accountant.

On appointment David will become a member of the Remuneration, Audit and Risk, and Nominations Committees. From September he will take over the role of Chair of the Nominations Committee.

Rod Waldie, Chief Executive Officer, said:

"We are delighted to announce that David is joining Gateley next month as a non-executive director and that he has agreed to Chair the Group when Nigel steps down in September. Nigel has provided invaluable guidance and support to Gateley since our IPO in 2015. All of our stakeholders have benefited from him being at the helm for 9 years.

"David's experience as a chairman and non-executive director, alongside his executive roles leading and supporting companies with their growth ambitions, really stood out for us. His characteristics and personality are closely aligned to our own and he will be an excellent Chair for the Group. He joins the business at an important stage in our development as we continue to focus on our long-term strategy for growth through diversification in legal and consultancy services. On behalf of the board and everyone at Gateley, I welcome him to the team and look forward to working with him."

Further information on David Wilton

David Charles Wilton, aged 61, is, or has been, a director or partner of the following companies or partnerships during the last 5 years:

Current Directorships:

CVS Group PLC

Past Directorships:

Frontier Developments PLC

Auroch Digital Limited

Timbre Games Studio Inc

Pacman Finco Limited

Auroch Digital Coco Limited

Aghoco 1952 Limited

Secret Mode Limited

Sumo Video Games Private Limited

Lab42 Limited

Red Kite Games Limited

Red Kite Software Development Limited

Riverside Games Limited

Sumo Digital (Chilli) Limited

Sumo Digital (Locus) Limited

The Chinese Room Limited

Sumo Group Limited

Atomhawk Canada Limited

Project Republica Topco Limited

Project Republica Bidco Limited

Sumo Digital Holdings Limited

Sumo Digital Group Limited

Sumo Digital Entertainment Limited

Sumo Digital Limited

Sumo Games Development Limited

Mistral Entertainment Limited

Sumo Digital (Genus) Limited

AGHOCO 1337 Limited

Cirrus Development Limited

Atomhawk Design Limited

Gealka Limited

Pacman Reverse Acquisitions Sub, Inc

Pacman Acquisition Sub, Inc

Sumo Digital (Atlantis) Limited

David does not hold any legal or beneficial direct or indirect interest in the ordinary shares of the Company.

There is no further information required to be disclosed in respect of David Wilton pursuant to Rule 17 or schedule 2(g) of the AIM Rules for Companies.

Enquiries: