13 Nov 2019 09:00
IDE Group Holdings Plc
("IDE" or the "Company")
Board Change
IDE Group Holdings plc, the mid-market network, cloud and IT Managed Services provider, is pleased to announce the appointment of Sebastian White as a Non-Executive Director. Max Royde, current Non-Executive Director will be stepping down with immediate effect and Sebastian will take up Max's roles and responsibilities on the Board.
Sebastian has worked as Investment Director at Kestrel Partners LLP for two years. Kestrel are a London based fund management business whose clients are a significant shareholder of IDE Group. Prior to working at Kestrel, Sebastian was Mergers and Acquisitions Director at Alternative Networks for fourteen years.
As at the date of this announcement Kestrel Partners LLP holds 34,456,208 ordinary shares of 2.5 pence each in capital of the Company ("Ordinary Shares") representing approximately 8.6 per cent. of the issued share capital.
Andy Parker, Executive Chairman said "We thank Max for his contribution to the Company over the past year and look forward to working with Sebastian as a representative of one of our largest shareholders. Sebastian's experience in the sector will be of great benefit to the Company."
IDE Group Holdings Plc Andy Parker, Executive Chairman
| Tel: +44 (0)344 874 1000 |
finnCap Limited Nominated Adviser and Broker Corporate finance: Jonny Franklin-Adams/ Hannah Boros ECM: Tim Redfern/ Richard Chambers
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The following information is made in accordance with Schedule 2(g) of the AIM Rules for Companies:
Full Name: Sebastian Jake Golder White (Seb) |
Age: 49 |
Current Director positions |
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Previous Directorships in the last five years |
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