Directorate Change
June 25 2008 - 2:02AM
UK Regulatory
RNS Number : 4497X
Maxima Holdings PLC
25 June 2008
Embargoed until 0700 25 June 2008
Maxima Holdings plc ("Maxima" or the "Company")
Directorate Change
Appointment of Finance Director
Maxima Holdings plc (AIM:MXM), the integrated IT solutions and managed services provider, is pleased to announce that John Taylor will
join the board as Group Finance Director on 1 July 2008. This appointment reflects our succession planning for Linda Andrews, who will be
resigning from the board on health grounds on the same date. Linda will remain with the business as Corporate Finance Director on a
part-time basis.
John (47) was previously Finance Director of Alfred McAlpine Business Services, the support services business of Alfred McAlpine PLC
("McAlpine"). This business provided outsourced facilities management, IT consultancy and managed services, consultancy and asset management
services to a range of blue chip clients. It was the largest contributor to the group results reporting strong revenue and profits growth in
the in the three years prior to McAlpine's acquisition by Carillion plc.
John is a Scottish Chartered Accountant who qualified with Deloitte and then worked for 7 years for Bank of Scotland in structured
finance, leading numerous private equity transactions for the bank. He then moved into industry and held CFO positions in the UK and the
USA, one of which was a communications services business, before returning to join Alfred McAlpine. John has experience of leading several
major enterprise software implementation projects. He also has a degree in Law.
Kelvin Harrison, Maxima's Chief Executive said:
"Maxima aspires to be a �100million+ enterprise and I very much look forward to working with John, who brings first-hand relevant
experience of operational and corporate finance at that level.
On behalf of the Board, I would also like to thank Linda for her support and tremendous contribution to the development of the business
in its formative years. We are delighted that she will be remaining with us as Corporate Finance Director."
For further information, please contact:
Maxima
Kelvin Harrison, Chief 01242
Executive 211211
Cenkos
Stephen Keys/Adrian 020 7397
Hargrave 8900
Smithfield
Katie Hunt/Will 020 7360
Henderson/Reg Hoare 4900
Notes to editors:
Maxima Holdings plc floated on AIM in November 2004 at an issue price of 110p. It was established to acquire businesses supplying IT
solutions and services, with the objective of building a focused IT services group. On flotation it immediately acquired Azur Holdings Ltd,
bringing together a management team with the skill, experience and incentive to deliver significant shareholder value, through a combination
of acquisitive and organic growth. The business implements and supports enterprise software solutions for mid-sized, UK-based manufacturing,
distribution and service organisations. These solutions are based upon leading software suites as well as products developed in-house.
It has since made a further ten acquisitions:
* August 2005 - Ringwood Group plc, a specialist in content and document management solutions, based on Microsoft technologies;
* September 2005 - Hanston Technology Partners Ltd, a fast growing managed services business providing applications support and
consultancy services to Oracle users;
* January 2006 - The MFG/PRO business of Seabrook Research Ltd, the sole Irish distributor of MFG/PRO, a manufacturing package for
which Maxima was already the sole UK distributor;
* May 2006 - QED Business Systems Ltd, which provides managed services for critical mainframe and mid-range computer systems and
applications software;
* October 2006 - Cognition Solutions Ltd, provider of enterprise software solutions to the construction and facilities management
sector; and
* November 2006 - IIL (Intertech Solutions Ireland) Ltd, which provides IT infrastructure solutions and managed services based upon
Citrix technologies; and
* March 2007 - SevenThree Ltd, supplier of customer relationship management software solutions to the construction sector
* May 2007 - 3net Limited, an IT Services business, providing consultancy, solutions delivery and managed services in networking and
security infrastructure.
* July 2007 - Centric Networks Ltd, which provides managed services for infrastructure software to a broad range of clients in the
mid-market; and
* January 2008 - Eclectic Group Limited, which supplies software, consultancy, support and training in the areas of Business
Intelligence and Corporate Performance Management (CPM).
Maxima has grown to become an IT systems integration and managed services company with a proven track record of delivering innovative
and flexible IT solutions and services. Maxima's in-depth knowledge of industry and business, coupled with its skills and understanding of
leading software suites such as Oracle, Microsoft and SAP ensures its solutions and services deliver real business benefits. The group
prides itself on the quality of its service, which leads to strong customer relationships and high retention rates.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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