25 Jun 2015 07:00
For immediate release
25 June 2015
Minds + Machines Group Limited
("MMX", the "Company" or "Group")
Proposed Board appointments
Minds + Machines Group Limited (LSE:MMX), the publicly quoted owner and operator of Internet top-level domains, is pleased to announce that, subject to the satisfactory completion of standard regulatory checks in compliance with the AIM Rules, David Weill and Guy Elliott will re-join the Board as non-executive directors. Both are founding directors of the business.
Antony Van Couvering, CEO of Minds + Machines, commented:
"We are delighted that both Guy and David have accepted the Board's invitation to re-join the Board. They bring a close understanding of the investment community, both in London and internationally, and are personally invested in the Company. We believe they will complement the industry and operational expertise of the existing Board which is fully focused on driving sales and revenue, reducing operational costs and achieving profitability in the underlying operations."
David Weill added:
"It is a privilege to be re-joining the Board at this inflexion point. Working together, we are confident that the business can achieve the KPI goals set out by the executive team in the Report & Accounts and deliver value to shareholders both in the near and longer term. It is an exciting time to be part of the Company."
As indicated in the RNS of 22 April 2015, a quarterly operational update will be provided by management during the month of July. A further announcement will also follow on the formal appointment of David Weill and Guy Elliott as directors.
Further Information:
Minds + Machines Group Limited
Antony Van Couvering Tel: +1 310 452-1491
Beaumont Cornish Limited (Nomad) Tel: +44 (0)20 7628 3396
Roland Cornish / Michael Cornish
N+1 Singer (Broker)
Shaun Dobson/Ben Wright Tel: +44 (0)20 7496 3000
gth media relations
Toby Hall Tel: +44(0)20 7822 7493 / +44 7713 341072
For further information, please go to http://investors.mindsandmachines.com
About Minds + Machines
Minds + Machines (LSE:MMX) is a leading owner and operator of new generic Top Level Domains ("gTLDs"), and provides registry services to a range of high-profile clients. The Group also provides domain name services to consumers through its wholly owned registrar operations in the US and Europe. For more information on Minds + Machines and its services and companies within the Group, please go to http://investors.mindsandmachines.com.
ENDS