29 Mar 2019 10:00
LOOPUP GROUP PLC
("LoopUp Group" or the "Group")
Directorate Change
LoopUp Group plc ("LoopUp"), the premium remote meetings company, announces that Barmak Meftah, Independent Non-Executive Director, has notified the Board of his intention to resign from the Board with immediate effect after four years' service to focus on other commitments. This follows the recent acquisition of AlienVault, where Mr. Meftah served as CEO, by AT&T where Mr. Meftah now serves as President, Cybersecurity. The Board is engaged in a process to find a successor and expects to make a further announcement in the near future.
Lady Barbara Judge, Chairman, commented:
"On behalf of the Board I would like to thank Barmak for his hard work and commitment these past four years. Our search for a new Non Executive to join our Board is well underway and we look forward to updating shareholders on our progress with that search in due course."
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.
For further information:
LoopUp Group PLC | via FTI Consulting, LLP |
Steve Flavell, co-CEO |
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Panmure Gordon (UK) Limited | +44 (0) 20 7886 2500 |
Dominic Morley / Alina Vaskina (Corporate Finance) |
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Erik Anderson (Corporate Broking) |
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Numis Securities Limited |
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Simon Willis / Jonny Abbott (Corporate Finance) | +44 (0) 20 7260 1000 |
Tom Ballard (Corporate Broking) |
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FTI Consulting, LLP | +44 (0) 20 3727 1000 |
Matt Dixon / Harry Staight |
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About LoopUp Group plc
LoopUp (LSE AIM: LOOP) is a premium remote meetings solution. Streamlined and intuitive, LoopUp is built to give mainstream business professionals a better and more productive experience than basic dial-in conferencing, while delivering the quality, security and reliability required in the enterprise. One-click screen sharing and integration with tools business people use every day, like Outlook™, make it easy for LoopUp users to collaborate in real time. LoopUp's award-winning SaaS solution doesn't overwhelm users with features and doesn't require training. Over 2,000 enterprises worldwide, including Travelex, Kia Motors America, Planet Hollywood, National Geographic and Clifford Chance trust LoopUp with their remote meetings.
The Group is headquartered in London, with offices in San Francisco, New York, Boston, Chicago, Dallas, Los Angeles, Atlanta, Denver, Cardiff, Milton Keynes, Madrid, Berlin, Malmo, Hong Kong, Sydney and Barbados, and is listed on the AIM market of the London Stock Exchange (LOOP). For further information, please visit: www.loopup.com.