26 July 2022

AIM: KBT

K3 Business Technology Group plc

("K3" or the "Company")

Board Appointment

K3, which provides business‐critical software solutions focused on fashion and apparel brands, is pleased to announce the appointment of Pernille Fabricius as Non-executive Director with immediate effect. On appointment, Pernille also assumes the role of Chair of the Company's Audit Committee.

Pernille, aged 56, has extensive board and senior level financial and commercial experience across a number of sectors, including IT services, and in both internationally listed and private equity backed businesses. She is currently Chief Financial Officer and Executive Vice-president of NNIT A/S, one of Denmark's leading IT and consulting services providers, and a non-executive director of Gabriel Holding A/S, the fabrics manufacturer, and Brødrene Hartmann A/S, a leading packaging manufacturer.

Pernille was previously Managing Director of John Guest Group, a multinational industrial engineering group, which was acquired by Reliance Worldwide Corporation for c£700m, and Group Chief Financial Officer and Chief Operating Officer of TMF Group, the private equity backed, multi-national professional services company, where she oversaw significant M&A and international expansion. 

In her earlier career, Pernille was Chief Financial Officer at GN Store Nord A/S, a global leader in intelligent audio solutions, part of the Copenhagen-listed GN Group, and Senior Vice-president Corporate Finance at ISS Group, the global facility management services company.

Pernille began her career as an accountant at Arthur Andersen in 1988, and holds an MSc. in accounting and an MBA from Copenhagen Business School.

Tom Crawford, Chairman of K3 Business Technology Group plc, commented:

"I am delighted to welcome Pernille to the Board. She brings substantial additional financial and commercial experience across a variety of sectors, as well as significant knowledge of IT services and involvement in growth-focused companies. We very much look forward to working with her."

For further information contact:

AIM Rules, Schedule 2(g) disclosures:

In accordance with Schedule 2(g) of the AIM Rules, Pernille Fabricius holds or has held, within the last five years, the following directorships and partnerships:

There is no further information disclosable in respect of Pernille Fabricius pursuant to Schedule 2(g) of the AIM rules for companies.