REG - Cloudcoco Group PLC - Board Change

CloudcocoAnnouncement

27/06/2024 07:00

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RNS Number : 0496U  Cloudcoco Group PLC  27 June 2024

The information contained within this announcement is deemed by CloudCoCo to
constitute inside information pursuant to Article 7 of EU Regulation 596/2014
as it forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 as amended.

 

27 June 2024

CloudCoCo Group plc

("CloudCoCo", the "Company" or the "Group")

 

Board Change

 

CloudCoCo (AIM: CLCO), a leading UK provider of managed IT services and
communications solutions to private and public sector organisations, today
announces that Non-Executive Director, Jill Collighan has stepped down from
the board, taking effect from 30 June 2024, to focus on her CFO duties at MXC
Capital Limited.

Jill has been a non-executive director since 2017, where she has served as
chair of the Audit Committee and a member of the Remuneration Committee.

Simon Duckworth will replace Jill as interim chair of the Audit Committee with
immediate effect and Ian Smith (CEO of MXC Capital Limited) will continue in
his role of consultant to the Board and will represent MXC Capital's interests
in the business.

The Board will seek to appoint a new Non-Executive Director to the Board as
soon as possible and will provide further updates when appropriate.

 

Simon Duckworth, Non-Executive Chair, commented:

 

"On behalf of the board and management team, I would like to thank Jill for
her contribution and service to the company throughout her
tenure."

Contacts:

 

 CloudCoCo Group plc                                          Via Alma

 Simon Duckworth (Non-Executive Chair)

 Darron Giddens (CFO)

 Allenby Capital Limited - (Nominated Adviser & Broker)       Tel: +44 (0)20 3328 5656

 Jeremy Porter/Daniel Dearden-Williams (Corporate Finance)

 Tony Quirke/Amrit Nahal (Equity Sales)

 Alma Strategic Communications                                Tel: +44 (0)20 3405 0205

 David Ison                                                  cloudcoco@almastrategic.com

 Kieran Breheny

 Will Merison

About CloudCoCo

 

Supported by a team of industry experts and harnessing a diverse ecosystem of
partnerships with blue-chip technology vendors, CloudCoCo makes it easy for
private and public sector organisations to work smarter, faster and more
securely by providing a single point of purchase for their Connectivity,
Multi-Cloud, Collaboration, Cyber Security, IT Hardware, Licencing, Support
and Professional Services.

 

CloudCoCo has headquarters in Leeds and regional offices in Warrington,
Sheffield and Bournemouth.

 

www.cloudcoco.co.uk (http://www.cloudcoco.co.uk)

 

 

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