Board Changes

RNS Number : 4549S

Accesso Technology Group PLC

25 June 2018

 

25 June 2018                                                   

accesso® Technology Group plc

("accesso" or the "Group")

Board Changes

accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider to leisure, entertainment, hospitality, attractions and cultural markets today announces a number of changes to its Board.

Firstly, accesso is pleased to announce the appointment of Andy Malpass as an Independent Non-Executive Director of the Group and Chair of the Group's audit committee. Andy has over 30 years' experience in the software industry within both private and public companies, including approximately 20 years as Group Finance Director of Fidessa Group plc (formerly, Royalblue Group plc). Andy also served as Company Secretary of Fidessa Group plc for many years, and is currently a non-executive director of Kainos Group plc where he serves as Chair of its Audit Committee.

Andy will take up the role on 26^th June 2018, at which time David Gammon will step down as the chair of the Audit Committee.  David, who joined the Board in 2010, will continue in his role as an independent non-executive director of the Group.

John Weston, who first joined accesso in May 2011, has decided to retire from the Board and from his role as Senior Independent Director. Joining the Group as its Non-Executive Chairman, John served in that role until May 2016, during which time he played a pivotal role in steering and shaping the Group's rapid growth. He will be succeeded as Senior Independent Director by Karen Slatford, currently an Independent Non-Executive Director of the Group, who brings a wealth of technology expertise to the role. This change will also take effect on 26^th June 2018.

Tom Burnet, Executive Chairman of accesso, commented:

"We are pleased to be announcing these changes and delighted to be adding someone of Andy's calibre to the Board of Accesso. He brings significant experience to this important role and the Group will benefit from his leadership as we look forward to the next phase in our development.

On behalf of the rest of the Board and the entire company, I'd also like to thank John Weston for his distinguished service over a period of significant growth for the Group and we wish him well in his retirement. In Karen he has a worthy replacement and we are delighted she has agreed to take on these additional new responsibilities.

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for Companies, the following information is disclosed in respect of Andrew Malpass, aged 56.

Current directorships	Past directorships (last 5 years)
Kainos Group Plc	Fidessa Software Limited
Trading Apps Limited	Fidessa Group plc
SF Trading Apps Limited	Fidessa plc
	Fidessa Investments Limited
	Fidessa Buy-side Limited
	Fidessa corporation
	Fidessa Buy-side Inc.
	Fidessa US corporation
	Fidessa Limited
	Fidessa kk
	Fidessa SAS
	Fidessa Canada corporation
	Fidessa Pte Limited
	Fidessa Pty Limited
	Fidessa Trading Systems Private Limited
	Fidessa Solucoes Em Software Limitada
	Fidessa WLL
	Royalblue Financial Limited
	Royalblue Group Limited

At the date of this announcement, Andy Malpass holds a beneficial interest of 3,152 ordinary shares of 1 pence each in the Group and his wife, who is considered to be a Person Closely Associated ("PCA"), holds a beneficial interest of 1,200 ordinary shares of 1 pence each in the Group.

Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

For further information, please contact:

accesso Technology Group plc	[phone]
Tom Burnet, Executive Chairman
Paul Noland, Chief Executive Officer John Alder, Chief Financial Officer
FTI Consulting, LLP	[phone]
Matt Dixon, Adam Davidson
Canaccord Genuity Limited	[phone]
Simon Bridges, Richard Andrews
Numis Securities Limited	[phone]
Simon Willis, Mark Lander

About accesso Technology Group

At accesso, we believe technology has the power to redefine the guest experience. Our patented and award-winning solutions drive increased revenue for attraction operators while improving the guest experience. Currently serving over 1,000 clients in 27 countries around the globe, accesso's solutions help our clients streamline operations, generate increased revenues, improve guest satisfaction and harness the power of data to educate business and marketing decisions.

accesso stands as the leading technology provider of choice for tomorrow's attractions, venues and institutions. We invest heavily in research and development because our industries demand it, our clients benefit from it and it makes a positive impact on the guest experience. Our innovative technology solutions allow venues to increase the volume and range of on-site spending and to drive increased transaction-based revenue through cutting-edge ticketing, point-of-sale, virtual queuing, distribution and experience management software.

Many of our team members come from backgrounds working within the attractions and cultural industry. In this way, we are experienced operators who run a technology company serving attractions operators, versus a technology company that happens to serve the market. Our staff understands the day-to-day operations of managing complex venues and the challenges this creates, and together we strive to provide our clients and their guests with technology that empowers them to do more and enjoy more. From our agile development team to our dedicated client service specialists, every team member knows that their passion, integrity, commitment, teamwork and innovation are what drive our success.

accesso is a public company, listed on AIM: a market operated by the London Stock Exchange.  For more information, visit www.accesso.com.  Follow accesso on  Twitter, LinkedIn and Facebook.

 

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