Appointment of Chief Executive

RNS Number : 0582D

Arcontech Group PLC

24 April 2013

 



ARCONTECH GROUP PLC

("Arcontech" or the "Group")

Appointment of Chief Executive

Arcontech Group plc (AIM: ARC) is pleased to announce that Matthew Jeffs has been appointed as Chief Executive Officer of the Group with effect from 29 April 2013.  Richard Last and Steve Prout, who assumed additional responsibilities following the departure of Arcontech's previous Chief Executive Officer, will resume their roles as Group Chairman and Non Executive Director and Director of Arcontech Limited, respectively.

Matthew has proven leadership abilities and global experience.  He spent ten years with Dow Jones and then six years with Reuters in a variety of roles after obtaining his MBA qualification.  His focus has been on marketing and business development and as well as having worked in London, he has wide experience in the Asia Pacific region, working in Hong Kong, Japan, Korea (where he was country manager for Reuters and country representative for Dow Jones), Thailand and Vietnam.  In his most recent role, Matthew was the Managing Director, ICS International at Broadridge Financial Solutions where he was responsible for the overall management of the Global Proxy departments in the U.K., U.S., Japan, Australia and India.

Richard Last, Group Chairman, commented:

"I am delighted that Matthew has decided to join Arcontech as Chief Executive.  His knowledge of Arcontech's sector together with his wide knowledge of international business will be a great asset to the Group.  I believe that Arcontech has considerable opportunities which will only be enhanced by Matthew joining the Group."

Matthew Jeffs, Chief Executive, commented:

"I am extremely pleased to be joining Arcontech, which has a well earned reputation within the financial sector as an innovative and trusted partner.  Together with the team, I look forward to building upon these qualities to grow and deliver the undoubted benefits Arcontech provides to an expanded audience."

The following information is disclosed in accordance with Schedule 2, paragraph (g) of the AIM Rules for Companies.  Matthew David Jeffs, aged 51, is currently a director of Askett & English Limited and, within the past five years, was previously a director of ICJ, Inc.  Mr. Jeffs does not at present hold any shares in the Company.

For further information please visit www.arcontech.com or contact:

Arcontech Group plc Richard Last, Chairman	07713 214 484
Northland Capital Partners Limited Matthew Johnson / Lauren Kettle	[phone]

 

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