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    DLE   IE0000527006

DATALEX PLC

(DLE)
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Datalex : Directorate Change - 2 September 2021

09/02/2021 | 02:22am EST

Page 1 of 1

Datalex plc

Directorate Change - Retirement of Chief Financial Officer

Dublin, Ireland - 2 September 2021: Datalex plc (the "Company" or the "Group") (Euronext Growth Dublin: DLE), a market leader in digital retail technology focused on the airline market, today announces that Mr. Niall O'Sullivan, Chief Financial Officer, will retire from the Company effective 31 December 2021. Mr. O'Sullivan will also resign as a director of the Company with immediate effect.

Sean Corkery, Chief Executive Officer, commented, "During his two years with Datalex, Niall has been instrumental in providing financial leadership through a period of significant change and transformation at the Company. In particular, the relisting of Datalex's shares on Euronext in 2020 and the successful fundraising which concluded recently were very important for the future of Datalex. I look forward to working with Niall over the coming months as we appoint his successor and I wish him every success in the next chapter of his career."

The Company has initiated a search for a replacement Chief Financial Officer together with the planned appointment of a new non-executive director and will update the market in due course.

This announcement is released by Datalex plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("EU MAR") and is disclosed in accordance with the Company's obligations under Article 17 of

EU MAR.

About Datalex

Datalex is a market leader in digital commerce for travel retail. Datalex provides airlines with unique products to drive revenue and profit as digital retailers. Today the Datalex Digital Commerce Platform enables a travel marketplace of over one billion shoppers covering every corner of the globe, driven by some of the world's most innovative airline retail brands. Datalex's customers include JetBlue Airways, Air China, Tianjin Airlines, West Air, Guangxi Beibu Gulf Airlines, Urumqi Air, Air Changan, SAS, KLM, Turkish Airlines, Copa Airlines, Aer Lingus, Edelweiss, Air Transat and Trailfinders. The Group is headquartered in Dublin, Ireland,

and maintains offices across Europe, the USA and China. Datalex plc is a publicly listed company on Euronext Growth. Learn more at www.datalex.com or follow on twitter @Datalex.

© Datalex PLC

Investor Enquiries

Neil McLoughlin Datalex plc

+353 1 806 3500 neil.mcloughlin@datalex.com

Media Enquiries

Michael Moriarty

FleishmanHillard

+353 87 243 2550 michael.moriarty@fleishmaneurope.com

Disclaimer

Datalex plc published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 06:21:05 UTC.


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Financials (USD)
Sales 2020 28,1 M - -
Net income 2020 -6,48 M - -
Net Debt 2020 18,8 M - -
P/E ratio 2020 -7,51x
Yield 2020 -
Capitalization 82,5 M 82,8 M -
EV / Sales 2019 2,21x
EV / Sales 2020 2,44x
Nbr of Employees 140
Free-Float -
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Seßn Corkery Deputy Chairman
Daniel Timothy Creedon Chief Financial Officer & Director
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