REG - Shearwater Group PLC - CFO Appointment

ShearwaterAnnouncement

27/08/2024 07:00

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RNS Number : 6634B  Shearwater Group PLC  27 August 2024

27 August 2024

 

SHEARWATER GROUP PLC

("Shearwater", or the "Group")

CFO Appointment

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed
security services group, is pleased to announce that Jonathan Hall has been
appointed as Chief Financial Officer, joining the Company with effect from 28
August 2024 and the Board at the end of September.

 

Outgoing Interim Chief Financial Officer, Adam Hurst, will remain with the
Group for a short transition period.

 

Jonathan brings a wealth of experience, more recently as Finance Director of
leading media and technology business Gfinity plc, where he spent over nine
years and led the process of the Company's admission to AIM. Having initially
qualified as a Chartered Accountant with Arthur Andersen, he spent six years
specialising in organisation and business process design with PA Consulting, a
leading London based management consultancy firm. He subsequently spent five
years as Finance Director of Saracens Ltd and the wider Premier Team Holdings
Group.

 

David Williams, Chairman of Shearwater Group, commented: "Following a
thorough search process, we are delighted that Jonathan will be joining the
business and the Board.  He brings a wealth of experience to the Group and I
have every confidence that he will make a substantial contribution as we seek
to improve shareholder returns.

On behalf of the Board, I would like to thank Adam for his significant
contribution over the past 10 months and we wish him well and every success
for the future."

 

The following disclosures are required regarding Jonathan Hall's appointment
pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies (the
"AIM Rules"):

Jonathan David Hall (aged 48) is currently, or has during the past five years
been, a director of the following companies:

 Current directorships and/or partnerships:  Historic directorships and/or partnerships (within the last five years):
 Finsight Consulting Ltd                     AFG-Games Ltd

                                             Athlos Game Technologies Ltd

                                             ESP Gaming Ltd

                                             Esports Awards Ltd

                                             Gfinity Esports Australia (PTY) Ltd

                                             Gfinity plc

                                             Megit Limited

                                             Real SM Limited

On 7 August 2017, Jonathan Hall was appointed as a director of Gfinity Esports
Australia (PTY) Ltd and ceased to be a director on 14 February 2022. Gfinity
Esports Australia (PTY) Ltd was put into administration and was subsequently
deregistered via a members' voluntary winding up on 12 November 2021. Under
the administration all creditors were paid in full and a dividend was returned
to shareholders.

There is no further information to be disclosed in relation to the director
appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM
Rules.

 

Enquiries:

 Shearwater Group plc                                       www.shearwatergroup.com (http://www.shearwatergroup.com/)

 David Williams, Chairman                                   c/o Alma PR

 Phil Higgins, CEO

 Cavendish Capital Markets Limited - NOMAD                  +44 (0) 20 7397 8900

 Adrian Hadden / Ben Jeynes- Corporate Finance

 Henry Nicol / Dale Bellis / Michael Johnson - Sales

 Alma                                                       shearwater@almapr.co.uk (mailto:shearwater@almapr.co.uk)

 Justine James / Joe Pederzolli                             +44 (0) 20 3405 0205

 

About Shearwater Group plc

 

Shearwater Group plc is an award-winning group providing cyber security,
managed security and professional advisory solutions to create a safer online
environment for organisations and their end users.

 

The Group's differentiated full service offering spans identity and access
management and data security, cybersecurity solutions and managed security
services, and security governance, risk and compliance. Its growth strategy is
focused on building a scalable group that caters to the entire spectrum of
cyber security and managed security needs, through a focused buy and build
approach.

 

The Group is headquartered in the UK, serving customers globally across a
broad spectrum of industries.

 

Shearwater shares are listed on the London Stock Exchange's AIM under the
ticker "SWG".  For more information, please visit www.shearwatergroup.com
(http://www.shearwatergroup.com/) .

 

 

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