Appointment of a Director and Board transition

RNS Number : 6817S

SysGroup PLC

27 June 2018

 

SysGroup plc

("SysGroup" or the "Group")

Appointment of a Director and Board transition

SysGroup plc (AIM:SYS), the managed IT services and cloud hosting provider, is delighted to announce the appointment of Martin Richard Audcent, aged 44, as Chief Financial Officer, with effect from 16 July 2018 replacing Julian Llewellyn who has indicated to the Board his desire to step down from his role to pursue other opportunities. Julian will step down from the Board with immediate effect but remain with the Group for a short period to execute an orderly handover.

Martin brings with him significant senior finance and operational experience. Martin is a Chartered Accountant, having qualified with PwC in 2000, and will be joining the Group from NCC Group Plc, which he joined in 2014, where he was Associate Director of Finance and Group Financial Controller.  Prior to this he worked at Baker Tilly and MBL Group plc in senior finance positions.

Adam Binks, CEO of SysGroup, said "On behalf of the Board, I would like to thank Julian for his contribution to the Group and wish him well for the future. I am delighted to welcome Martin to the Board and have every confidence that Martin's financial and sector experience, together with his transactional and operational skill sets, will prove immensely beneficial to the Group as it continues to pursue its growth agenda."

For further information please contact: SysGroup plc Adam Binks, CEO	Tel: [phone]
Shore Capital (Nomad and Broker) Edward Mansfield / Anita Ghanekar	Tel: [phone]
Alma PR (Financial PR) Josh Royston / Helena Bogle	Tel: [phone]

Additional Information:

Martin Audcent has confirmed that there is no other additional information to be disclosed under Schedule 2 (g) of the AIM Rules

About SysGroup

SysGroup is a leading provider of Managed IT Services, Cloud Hosting, and expert IT Consultancy. The Group delivers solutions that enable clients to understand and benefit from industry leading technologies and advanced hosting capabilities. SysGroup focuses on a customer's strategic and operational requirements - enabling clients to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.

The Group has offices in Liverpool, Coventry, London and Telford.

For more information, visit www.sysgroupplc.com.

 

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