Zap-Map CEO appointment & Board update

RNS Number : 2393E

Good Energy Group PLC

10 March 2022

 

  Good Energy Group PLC

("Good Energy" or the "Company")

Zap-Map CEO appointment & Board update

Good Energy Group PLC (AIM:  GOOD), the 100% renewable electricity supplier and innovative energy services provider, announces Richard Bourne appointed permanent CEO of Zap-Map to make charging simple for the next 10m  electric vehicle (EV) drivers.

Summary

· Bourne moves to permanent role after over 12 months as Interim CEO

· Good Energy CEO Nigel Pocklington to take role of Zap-Map Chair as Good Energy Founder Juliet Davenport steps down

Zap-Map, the UK's go-to app for EV charging and leading EV data platform, has appointed Richard Bourne as permanent CEO. Bourne joined Zap-Map in January 2021 as Interim CEO, to work alongside the Zap-Map Board on the business' long-term strategic plan. Following a successful year for the company, Bourne will now take a permanent role leading the execution of Zap-Map's strategy, including the on-going development of its core products as well as international expansion, with an overarching mission to make charging simple for the next 10 million EV drivers.

In addition, Nigel Pocklington, CEO of Zap-Map's majority shareholder Good Energy, has been appointed Chair of Zap-Map. He takes over the role from Good Energy Founder and Non-Executive Director Juliet Davenport, who now steps down from the Zap-Map Board. Nigel bolsters the Board's expertise in building successful online platform businesses, together he and existing independent Non-Executive Director Tim Jones have a wealth of experience from leadership roles at AutoTrader, Moneysupermarket.com Group and Hotels.com.

With over 660,000 downloads and hundreds of thousands actively engaged users each month the Zap-Map app helps EV drivers search for public charge points, plan journeys and pay for EV charging across multiple networks. In the past twelve months Zap-Map has launched its Zap-Map Plus and Premium subscription services, including support for Apple CarPlay and Android Auto. Its leading cross-network simple payment solution Zap-Pay now has nine networks signed up with Osprey, ESB and char.gy live and new launches including MFG EV Power and GeniePoint coming shortly. It also announced a commercial partnership with worldwide leader in business payments Fleetcor for integration in its Allstar fleet payment platform.

Zap-Map's five person Board now includes Nigel Pocklington, CEO of Good Energy and Chair of Zap-Map, Tim Jones, independent Non-Executive Director from the Good Energy Board, Charlie Parry, Good Energy's Director of Corporate Strategy, in addition to Zap-Map co-founders Ben Lane, CTO, and Melanie Shufflebotham, COO.

Nigel Pocklington, Chief Executive Officer of Good Energy, said:

"Zap-Map has built an incredible leading position in an exciting and rapidly growing EV market in the UK. It plays a crucial role in Good Energy's strategy, and it has a vital role to play in the wider decarbonisation of transport. As I pick up the baton from Juliet as Chair, I would like to thank her for her valuable time and expertise in the role. In the past year Richard has done an excellent job working alongside the Zap-Map senior leadership team to put in place a strategy for growth, as a Board we are now looking forward to supporting the team in delivering it."

Richard Bourne, CEO, Zap-Map said:

"The past year has seen great progress in the adoption of electric vehicles and as the EV revolution accelerates even faster, Zap-Map's core mission of making charging an EV as simple as possible has never been more important. From continuing to focus on the EV driver experience, delivering on our commercial partnerships for payments and fleets through to international expansion, the coming years will be very exciting for Zap-Map."

Juliet Davenport, Founder and Non-Executive Director, Good Energy and out-going Chair of Zap-Map said:

"I am very proud of how Zap-Map has developed over the last two years, expanding its offering to electric vehicle owners and into payment services. The next stage of the company's development, with the support of Good Energy, is an exciting one."

Enquiries

Good Energy Group PLC Nigel Pocklington, Chief Executive Charlie Parry, Director of Corporate Strategy & Investor Relations Luke Bigwood, Director of External Affairs	Email:  [e-mail]
SEC Newgate UK	Email:  [e-mail]
Elisabeth Cowell	Tel: [phone]
Investec Bank plc (Nominated Adviser and Joint Broker)
Sara Hale / Jeremy Ellis	Tel: [phone]
Canaccord Genuity Limited (Joint Broker) Henry Fitzgerald - O'Connor	Tel: [phone]

About Good Energy  www.goodenergy.co.uk

Good Energy is a supplier of 100% renewable power and an innovator in energy services. It has long term Power Purchase Agreements with a community of 1,900 independent UK generators.

Since it was founded 20 years ago, the company has been at the forefront of the charge towards a cleaner, distributed energy system. Its mission is to support UK households and businesses generate, store and share clean power. 

Good Energy is recognised as a leader in this market, through our green kite accreditation with the London Stock Exchange and as the only energy supplier with Gold Standard Uswitch Green Tariff Accreditation for all tariffs.

About Zap-Map www.zap-map.com.

Launched in June 2014, with a mission to accelerate the shift to electric vehicles (EV) and help the drive towards zero carbon mobility, Zap-Map is the UK's leading EV mapping service. The charging point map, available on desktop and iOS/Android apps, helps EV drivers to search for available charge points, plan longer journeys, pay for charging on participating networks and share updates with other drivers.

Zap-Map currently has more than 320,000 registered users and over 95% of the UK's public points on its network, with around 70% being updated with live availability status data. More than 180,000 EV drivers use Zap-Map each month out of an EV parc of 410,000 (SMMT Jan 2022).

 

END

 

 

NRAQKLFBLXLLBBL