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Market Cap: £264.88k
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Directorate Change

29 Nov 2019 07:00

RNS Number : 0718V
Iconic Labs PLC
29 November 2019
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29 November 2019

Iconic Labs Plc ("Iconic Labs" or the "Company")

Board Changes

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Iconic Labs Plc (LSE:ICON), a multi-divisional new media and technology business, is pleased to announce the appointment of Sam Asante to the board as an executive director. Additionally, Richard Thompson and Will Muirhead have resigned from the board as non-executive directors with immediate effect to focus on their other interests.Β 

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Sam Asante, currently the Chief Operating Officer at Iconic Labs, began his career in the industry when he grew a social media account organically to one million followers during his gap year. He continued to create and manage social media accounts during his time at University studying Politics, Philosophy and Economics. In 2012, he joined UNILAD, where he initially focused on establishing commercial operations, before shifting to product and marketing and working closely with the CEO and MD to innovate and drive the business forward.

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Sam Asante, aged 29, in addition to any directorships he holds in respect of companies in the Iconic Labs group, currently holds or has held the following directorships and partnerships in the last five years:

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Current Directorships/Partnerships

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Past Directorships/Partnerships

Hype Up Limited

None

Student Media Ventures Limited

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Save for the disclosures made above, there are no further disclosures to be made in accordance with Listing Rule 9.6.13.

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The board recognises the benefit of experienced non-executive directors with the right sector and corporate skills to best help the Company as it accelerates its growth. In this regard, discussions are underway and the Company will make announcements in due course.

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Executive Chairman, David Sefton, said: "Firstly, I would like to thank both Richard and Will for their invaluable support at a critical time as the Company transitioned to its new form as a new media business. The team are now focused on building our own brands and helping other brands solve business problems and get fit for the digital age. To this end, Sam has unrivalled experience and will undoubtably continue to play a key role in creating a robust, profitable business."

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Market Abuse Regulation (MAR) Disclosure - Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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**ENDS**

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For further information, please visit the Company's website www.iconiclabs.co.uk or contact:

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John Quinlan

Iconic Labs Plc

c/o SBP Tel: +44 (0) 20 7236 1177

Damon Heath

Shard Capital Partners LLP

Tel: +44 (0) 20 7186 9950

Erik Woolgar

Shard Capital Partners LLP

Tel: +44 (0) 20 7186 9950

Hugo de Salis

St Brides Partners Limited

Tel: +44 (0) 20 7236 1177

David Penson

St Brides Partners Limited

Tel: +44 (0) 20 7236 1177

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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BOAFEAESAFUSEIF
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