AIM: KBT
K3 Business Technology Group
plc
("K3" or "the
Company")
Board
Changes
K3, the provider of
business-critical software solutions focused on fashion and apparel
brands, announces that Executive Chairman, Tom Crawford, will be
stepping down from his current role to become a Non-executive
Director. This change of role will take effect with the publication
of the Company's interim results, due in mid-July. It reflects
Tom's need to reduce his work commitments in light of the health
condition of a close family member.
In addition, with effect from today,
Eric Dodd, Chief Financial Officer, will take up the role of Chief
Executive Officer, and Lavinia Alderson, Group Corporate Finance
Director, is appointed as Chief Financial Officer.
Lavinia Alderson joined K3 in
December 2020 as Group Corporate Finance Director. She has
significant commercial and financial experience, having previously
been Finance Director of Concept Life Sciences, which provides
market-leading scientific services globally and, before that, Head
of Finance UK Support & Governance at Cape plc, the energy
services company. She qualified as a chartered accountant at PwC in
2003.
The Board confirms that the Group
remains on track to perform in line with its expectations for the
current financial year.
Regulatory disclosures
In accordance with Rule 17 and
Schedule 2(g) of the AIM Rules for Companies, K3 reports that
Lavinia Marie Alderson (née Richards), aged 46 years, has 256
shares in the Company. She holds no directorships or partnerships
nor has she done so in the last five years.
Save as disclosed above, there is no
further information required to be disclosed in respect of the
above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM
Rules for Companies.
Enquiries:
|
K3 Business Technology Group
plc
www.k3btg.com
|
Tom Crawford, Executive
Chairman
Eric Dodd, Chief Executive
Officer
|
T: 020 3178 6378 c/o KTZ
Communications
|
|
|
|
|
|
Cavendish Capital Markets
(NOMAD & Broker)
|
Julian Blunt/ Dan
Hodkinson
(Corporate Finance)
Sunila De Silva (Corporate
Broking)
|
T: 020 7220 0500
|
|
|
|
|
|
KTZ Communications
|
Katie Tzouliadis/ Robert
Morton
|
T: 020 3178 6378
|
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue
of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the company's obligations under
Article 17 of MAR.