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AIM: KBT
17 February 2020
K3 Business Technology Group plc
('K3' or 'the Company')
Board Appointment
K3, which provides mission‐critical business software, cloud solutions and managed services,is pleased to announce the appointment of Oliver Scott as a non-executive director, with immediate effect.
Oliver is a partner of Kestrel Partners LLP, the independent investment manager, which he co-founded in 2009. Prior to this, Oliver spent 20 years advising smaller quoted and unquoted companies, latterly as a director of KBC Peel Hunt Corporate Finance. He is currently a non-executive director of IDOX PLC and ULS Technology PLC, and was previously a non-executive director of IQGeo Group PLC and KBC Advanced Technology PLC.
Kestrel invests in small and microcap UK listed companies with a particular focus on the enterprise software and services sector, and is K3's largest shareholder, with a current holding representing 23.4% of the Company's share capital.
Adalsteinn Valdimarsson, CEO of K3, commented:
'Oliver brings a wealth of experience to the Board and, in his role at Kestrel, has been one of K3's longest standing and largest shareholders. He brings significant public markets and technology investment knowledge and we look forward to working with him.'
In accordance with Schedule 2(g) of the AIM Rules, Oliver Rupert Andrew Scott (aged 52) holds or has held in the past 5 years the following directorships and partnerships:
Current | Past 5 Years |
Kestrel Partners LLP | IQGeo Group PLC |
Kestrel Investment Partners LLP | Ubisense PLC |
IDOX PLC | KBC Advanced Technology PLC |
ULS Technology PLC | |
IDOX Trustees Limited | |
6PM Holdings PLC | |
ClearSpeed Technology Limited | |
ZF Acquisitions Limited | |
Kestrel Technology Holdings Ltd | |
Take 3.4 Film Partnership LLP |
Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules.
Enquiries:
K3 Business Technology Group plc | Adalsteinn Valdimarsson, CEO Rob Price, CFO | T: 0161 876 4498 |
finnCap Limited (NOMAD & Broker) | Julian Blunt / James Thompson (Corporate Finance) Camille Gochez (Corporate Broking) | T: 020 7220 0500 |
KTZ Communications | Katie Tzouliadis / Dan Mahoney | T: 020 3178 6378 |
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Board Appointment - RNS
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K3 Business Technology Group plc published this content on 17 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2020 12:36:04 UTC