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Appointment of Non-Executive Director

15 Jan 2014 07:00

RNS Number : 6630X
Daily Internet PLC
15 January 2014
 



15 January 2014

 

Daily Internet plc

("Daily Internet" or "the Company" or "the Group")

 

Appointment of Non-Executive Director

 

Daily Internet plc (AIM: DAIP), the hosting and cloud infrastructure provider, announces that it has appointed Christopher ("Chris") Evans as a Non-Executive Director with immediate effect.

 

Between April 2011 and November 2013, Mr Evans was with iomart Group plc ("iomart") where he was a director of the Easyspace division, a leading UK domain name and web hosting company, and reported directly to the iomart Board of Directors. He joined iomart following its acquisition of Switch Media Limited, a web hosting solutions business of which he was the founder and Managing Director. Switch Media Limited was listed in Deloitte's Technology Fast 50 for two consecutive years in 2007 and 2008.

 

Whilst with iomart Mr Evans was responsible for the technical and commercial aspects of integrating various hosting brands acquired by iomart, and during his tenure he delivered revenue and profitability ahead of budgets. Chris has over 14 years' experience in the web hosting industry and studied Software Engineering at Liverpool John Moores University.

 

Mr Evans is also currently Technical Director of Tokyo Digital Limited, a digital agency, where his focus is on the web hosting requirements of the business. In addition, Mr Evans is a partner at SC Capital Partners LLP, an angel investment business focused on the technology sector.

 

Mr Evans will be active in driving forward Daily Internet's acquisition and integration programmes.

 

Abby Hardoon, Managing Director of Daily Internet plc, commented:

 

 "We are absolutely delighted to welcome Chris to Daily Internet. With his considerable experience and extensive network, the Board is confident that he will be a valuable contributor toward realising our vision of becoming one of the leading European hosting solutions providers.

 "We are experiencing good growth in demand for our hosting products, and especially our managed VMware cloud and managed Infrastructure as a Service (IaaS) solutions. There has been further streamlining of operations and rationalisation of costs by the Group following the pivotal acquisition of Netplan, and these are now largely complete. The Daily Internet hosting brand continues to show steady growth and provides a good platform from which to support the considerable growth opportunities at Netplan, which offers much greater contract sizes and higher margins. Netplan has a strong pipeline of new business opportunities, has recently won a new initial contract with a tech services company, and is in discussions to grow other existing contracts.

"Chris's commercial and technical expertise will be invaluable to the Group as we continue to execute our buy and build strategy and search for additional acquisitions."

Chris Evans, Non-Executive Director of Daily Internet plc, commented:

 

"I am very pleased to be joining the Board of Daily Internet, especially following the recent pivotal acquisition of Netplan Internet Solutions. I'm confident that my experience will assist in helping Daily Internet to achieve and expedite its vision."

 

For further information please contact:

 

Daily Internet plc

Abby Hardoon, Managing Director

Michael Edelson, Chairman

Chris Evans, Non-Executive Director

+44 (0)161 975 5757

Sanlam Securities UK Limited (Nominated Adviser and Joint Broker)

Simon Clements/Virginia Bull/Catherine Miles

+44 (0)20 7628 2200

Loeb Aron & Company Limited (Joint Broker)

Dr Frank Lucas/Peter Freeman

+44 (0)20 7628 1128

Walbrook PR Limited

Bob Huxford/Guy McDougall/Paul Cornelius

+44 (0)20 7933 8780

 

The following information falls to be disclosed under rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies.

 

Christopher Evans, aged 32, is or has been a director or partner of the following companies or partnerships in the preceding five years:

 

Current directorships or partnerships:

Past directorships or partnerships:

Q4ex Limited

TM 2013 Realisations Limited

Stone House Ventures Limited

Shelf SMB PLC

Tokyo Digital Limited

LC Acquisition Finance LLP

SC Capital Partners LLP

Tokyo Digital Investments LLP

Reform Energy PLC

Switch Media (Ireland) Limited

Beta Bidco Limited

Topicala Limited

Simplysuits Limited - compulsory liquidation

Reform Energy Solutions Limited

Thai Restaurant Project Limited

Terry Capital Limited

SM Nominees Limited

Switch Host Limited

Tokyo Digital Limited

Switch Media Limited

Beta Bidco Limited

Closure ESC C16 (06673037) Limited

Closure ESC C16 (06434018) Limited

 

Christopher Evans holds, directly and indirectly, a total of 7,562,736 ordinary shares in Daily Internet, equivalent to 2.04 per cent. of the issued share capital of the Company.

 

Mr Evans has confirmed that there is no additional information to be disclosed in accordance with Schedule Two, paragraph (g) of the AIM Rules.

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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