Board Appointment

27 March 2017

AIM: KBT

K3 Business Technology Group plc

("K3" or "the Company")

Board Appointment

K3, which provides mission-critical software, cloud solutions and managed services to the retail, manufacturing and distribution sectors, is pleased to announce the appointment of Stuart Darling to the Board of K3 as a Non-executive Director, with effect from 3 April 2017. Stuart replaces Lars-Olof Norell, who is retiring from the Board on 31 May. In addition, David Bolton will become Non-executive Chairman, effective from 3 April, having been Executive Chairman. 

Stuart, aged 53 years, FCA, has extensive senior level financial and commercial experience in the technology sector and with growing companies. He is currently the Chief Financial Officer of Wifinity Ltd, a wireless network internet provider and, for 10 years, was Chief Financial Officer of Amino Technologies plc, the global provider of digital TV entertainment and cloud solutions to network operators. 

David Bolton, Chairman, commented:

"I am delighted to welcome Stuart Darling to the Board as a Non-executive Director. He has extensive financial and commercial experience in the technology sector and with growing companies.

At the same time, I would like to thank Lars-Olof who retires in May for his contribution to the Company especially as Non-executive Chairman."

Additional information:

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Mr. Stuart Darling, aged 53 years, does not currently hold any ordinary shares in the Company.

Current directorships or partnerships:

Wifinity Ltd

CFO4Tech Limited

Directorships or partnerships held over the last five years:

YASA Motors Ltd

Pragmatic Printing Ltd

Power Ethernet Ltd

ANT plc

Espial Ltd

Espial Group Ltd

En-Twyn Ltd

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