SysGroup plc
("SysGroup" or the "Group")
Appointment of Chief Operating Officer to the Board
SysGroup plc (AIM: SYS), the managed services and cloud integrator, is delighted to announce that Adam Binks, Chief Operating Officer, has been appointed to the Board with immediate effect.
Adam joined the Company as Chief Operating Officer in August 2014 and is responsible for the day-to-day operations of the Group and works closely with the Board. Adam has become an integral part of the management team during his tenure, and has played a pivotal role in the Group's transformation to becoming a managed services provider.
Adam has held senior management and board level positions over the last 14 years within the managed services and telecoms sector. Prior to joining the Group, Adam was responsible for the Sales and Technical functions of Vispa Limited, a cloud hosting and connectivity provider. Prior to this, Adam held senior positions at both Aspire Internet Limited and Legend Communications plc.
Adam is currently interested in 118,365 Ordinary Shares in the Company, representing 0.51 per cent. of the Company's current issued share capital.
Chris Evans, CEO of SysGroup, said "We are delighted to welcome Adam to the Board. He brings a strong technical background, supported by detailed commercial knowledge of the Group. Adam has been a strong member of the senior management team since he joined the Group and we look forward to working with him as part of the Board."
For further information please contact:
SysGroup plc Chris Evans, CEO Julian Llewellyn, CFO |
Tel: 0151 559 1777 |
Shore Capital (Nomad and Broker) Edward Mansfield / Anita Ghanekar |
Tel: 020 7408 4090 |
Alma PR (Financial PR) Josh Royston / Hilary Buchanan / Helena Bogle |
Tel: 020 8004 4218 |
Additional Information:
The following information is disclosed under Schedule 2 (g) of the AIM Rules.
i. Adam Thomas Binks, 33, is currently a director of:
Beta Bidco Limited |
Mustarrow Limited |
Netplan Group Limited |
Netplan Internet Solutions Limited |
Newbold Ventures Limited |
Node Group Limited |
Numbers Directory Limited |
Project Clover Limited |
SysGroup (DIS) Limited |
SysGroup (EH) Limited |
SysGroup (NH) Limited |
System Professional Limited |
ii. Within the last 5 years, he has also served as a director or been a partner of the following companies:
Alphadex Limited |
Layerone Hosting Limited |
MyGeoDeal Limited |
SC Capital Partners LLP |
Adam was a director of EurISP Limited when it filed for voluntary liquidation in June 2009. Adam was also a director of Alphadex Limited within the 12 months preceding the Company filing for administration on 23 April 2014.
Adam Binks has confirmed that there is no other additional information to be disclosed under Schedule 2 (g) of the AIM Rules
About SysGroup
SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group delivers solutions that ensure clients understand and benefit from industry-leading technologies and advanced hosting capabilities. The SysGroup team focuses on a customer's strategic and operational requirements - enabling them to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.
The Group has offices in Liverpool, Coventry, London and East Sussex.
For more information, visit http://www.sysgroup.com
