TIDMADT

RNS Number : 8473V

AdEPT Telecom plc

08 November 2017

AdEPT Telecom plc

("AdEPT" or the "Company")

Non-Executive Director appointment

AdEPT (AIM: ADT), one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, is pleased to announce the appointment of Christopher Kingsman as a Non-Executive Director of the Company with immediate effect.

Christopher brings a broad range of experience from investing in and being involved with a number of public and private companies across different sectors. A graduate of Cambridge University, he started his career with Fidelity Investments and has managed a hedge fund and family office. He is the principal of a private Swiss investment group, executive chairman of Aranca, a global research, analytics and advisory firm based in India, and is a director of a number of private companies. Through Greenwood Investments Ltd, he has been the second largest shareholder of AdEPT since 2011, having increased his stake in August 2017 from 15.1% to 16.9% of the current issued share capital of the Company.

Roger Wilson, Chairman of AdEPT, commented:

"We are delighted to welcome someone of Christopher's calibre onto the Board. Christopher has been a supportive shareholder for quite some time, during which the Company has seen considerable growth, and the outlook is exciting. I am sure that his depth of public and private company board level experience will add value to the Company and the Board."

Christopher Kingsman commented:

"The management of AdEPT has done a fantastic job of transforming the group into a platform that can provide all stakeholders with superior outcomes. I look forward to working with the Board and being part of a team that is motivated to deliver excellent service and innovative solutions to customers."

AIM Rules disclosures: Christopher David Kingsman, 42, holds or in the last 5 years has held the following directorships or partnerships:

Current directorships or partnerships:

Anker Holding AG

Anker Investments AG

Greenwood Investments Ltd

IIE Immergrün Immobilien-Entwicklungs GmbH

AF Colina GmbH

Nicea gemeinnützige GmbH

Aranca (Mumbai) Pvt Limited

Camstent Limited

Aneca Vermögensverwaltungs GbR

Q9 Elements Inc

Previous directorships held within the past five years:

Serabi Gold plc

Christopher Kingsman has a total beneficial interest in 4,000,000 Ordinary Shares of the Company held via Greenwood Investments Ltd.

No further information relating to Christopher Kingsman is required to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules.

For further information on AdEPT Telecom, please visit www.adept-telecom.co.uk or contact:

 
 
  AdEPT Telecom Plc 
   Roger Wilson, Chairman               07786 111 535 
   Ian Fishwick, Chief Executive         01892 550 225 
   John Swaite, Finance Director         01892 550 243 
 Northland Capital Partners Limited 
  Nominated Adviser 
  Edward Hutton/Gerry Beaney 
 
  Broking 
  John Howes                             020 3861 6625

About AdEPT Telecom plc:

AdEPT Telecom plc is one of the UK's leading independent providers of managed services for IT, unified communications, connectivity and voice solutions. AdEPT's tailored services are used by thousands of customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media, Avaya, Microsoft, Dell and Apple.

AdEPT is listed on the London Stock Exchange (Ticker: ADT). For further information please visit: www.adept-telecom.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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