1 Jul 2016 07:00
1 July 2016
Koovs plc
Board change
Koovs plc ("Koovs" or "the Company") announces that Roy Naismith has today stepped down from his position as Group Chief Financial Officer and from the Board of Koovs. His responsibilities will be assumed by Rob Pursell, who has been appointed to the Board of Koovs plc with immediate effect. To ensure a smooth transition, Roy will remain with the business until 31 August.
Robert John Pursell, aged 44, joins from his CFO role at Eviivo Limited, a software development business. He is a Chartered Accountant (ICAEW in 2000) and graduate of Sheffield University, and is currently a Director of Hotel Solutions Direct Limited. There are no other disclosures under AIM Rule 17 Schedule 2(g).
Lord Waheed Alli, Chairman, commented:
"Koovs has successfully completed the current round of funding raising £26.2m since April 2016, enabling the Company to accelerate its growth plans in the attractive Indian e-commerce market. The Board and I would like to thank Roy for his contribution to the Company during this time and wish him every success for the future. We are delighted with the appointment of Rob as Group CFO and welcome him to the Board."
For further information, please contact: | |
Koovs plc Mary Turner | Tel: +44 (0)20 7151 0170 |
Peel Hunt LLP | |
Dan Webster Adrian Trimmings George Sellar | Tel: +44 (0) 20 7418 8900 |
Brunswick Group LLP | |
Nick Claydon Alison Kay | Tel: +44 (0) 20 7404 5959 |