K3 Business Technology Group Regulatory News (KBT)

AIM: KBT

K3 BUSINESS TECHNOLOGY GROUP PLC

("K3" or "the Company")

APPOINTMENT OF CHAIRMAN

K3, which provides mission‐critical business software, cloud solutions and managed services, is pleased to announce the appointment of Tom Crawford as Non-executive Chairman. Jonathan Manley, who has been acting as Interim Chairman since February 2020, will assume his previous position as a non-executive director. These changes take immediate effect.

Tom has substantial experience of the software industry, both in the UK and internationally, including Europe and North America. He has a successful track record of growing and developing product-based software businesses, and was, until January 2020, Chief Executive Officer of Aptitude Software Group Plc, the global financial management software company. Before that, he led the expansion of a number of the Group's divisions.

The Board wishes to thank Jonathan for his guidance as Chairman while this recruitment process was under way.

Jonathan Manley, previously Interim Chairman, commented,

"We are delighted to welcome Tom to the Board of K3 as Chairman. He brings significant relevant experience and will be a tremendous asset as we drive the development of our flagship product, K3|imagine."

Tom Crawford, Non-executive Chairman, commented,

"I share the Board's view of the significant potential for K3|imagine to be a powerful platform for customers and for K3's profitable growth as sales gain traction. I very much look forward to working with the Board as we continue to develop new opportunities to realise the full potential of our exciting technology." 

Additional information:

Tom Crawford, aged 52 years, held the following directorships within the last five years:

Save as set out in this announcement there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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