Directorate Change

RNS Number : 1402I

Redcentric PLC

22 November 2018

 

22 November 2018

Redcentric plc

("Redcentric" or the "Company")

Board Changes

Redcentric today announces the resignation of Chris Jagusz both from the Board and as Chief Executive, effective immediately.  Peter Brotherton, Chief Financial Officer, will assume Chief Executive responsibilities while a formal process to appoint a permanent Chief Executive is carried out. 

Chris Cole, Chairman, commented:

"The results announcement today, whilst showing Redcentric's resilience, does not demonstrate progress with regard to sales, delivery and execution.  The Board has therefore decided that Redcentric's growth ambitions would be better served with a change of leadership.  We have therefore taken the decision that Chris Jagusz will leave us forthwith. We would like to thank Chris for his efforts.''

Enquiries:

Redcentric plc	Via Tulchan Communications
Chris Cole, Chairman
Peter Brotherton, Chief Financial Officer
Numis Securities - NOMAD & Joint Broker	[phone]
Simon Willis / Oliver Hardy
finnCap Ltd - Joint Broker	[phone]
Stuart Andrews / Rhys Williams
Tulchan Communications	[phone]
James Macey White / Matt Low

 

END

 

 

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