Directorate Change

RNS Number : 7831R

First Derivatives PLC

02 July 2020

 

2 July 2020

First Derivatives plc

("FD" or the "Group")

Directorate Change

FD (AIM: FDP.L, Euronext Growth: FDP.I) announces the appointment of Ayman Sayed as a Non-Executive Director of the Group with effect from 1 July 2020. This Board appointment supports the Group's strategy to continue to enhance its product engineering capability, deliver world class solutions and grow its software revenue.

Ayman is the President and CEO of BMC Software Inc., a global enterprise software company  headquartered in Houston, Texas.  He brings extensive experience in enterprise technology and a track record of driving business success through growth strategies focused on product innovation to the Group.  Prior to his current role he was President and Chief Product Officer of CA Technologies Inc., a Fortune 500 company acquired by Broadcom Inc., where he was responsible for the vision, strategy, development and success of the company's portfolio of products and solutions. Ayman holds a bachelor's degree in electrical engineering from Cairo University.

"I am excited to join FD, a company with world-leading technology operating in several valuable and high growth markets", said Ayman Sayed of his appointment. "The world of technology continues to evolve at a pace that requires faster delivery of innovation. I am pleased to join the Board and look forward to working with the management team to drive business growth through world-class products."

Donna Troy, Chairman of FD, said: "Ayman's CEO experience at leading enterprise software companies and his deep engineering background bring highly relevant and valuable skills that will assist the Group's strategy. I am delighted to welcome him to the Board."

Ayman Sayed (58) currently holds or has held the following directorships or partnerships in the past five years:

Current directorships

Banff Holdings GP LLC

Banff Parent Inc.

Elisity Inc.

The Board confirms that no further disclosures are required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the appointment of Ayman Sayed to the Board of FD.

Enquiries

For further information please contact:

First Derivatives plc Seamus Keating, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations	[phone] www.firstderivatives.com
Investec Bank plc (Nominated Adviser and Broker) Andrew Pinder Carlton Nelson Sebastian Lawrence	[phone]
Goodbody (Euronext Growth Adviser and Broker) David Kearney Don Harrington Finbarr Griffin	[phone]
FTI Consulting Matt Dixon Dwight Burden Darius Alexander	[phone]

About FD

FD is a global technology provider with more than 20 years of experience working with some of the world's largest finance, technology, automotive, manufacturing and energy institutions. The Group's Kx technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. Kx delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. FD operates from 15 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,400 people worldwide.

For further information, please visit www.firstderivatives.com and www.kx.com

 

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