AIM: KBT
K3 BUSINESS TECHNOLOGY GROUP PLC
("K3" or "the Group" or "the Company")
Provider of business-critical software solutions focused on fashion and apparel brands
Board Appointment
K3, which provides business‐critical software solutions focused on fashion and apparel brands, is pleased to announce that Eric Dodd is to join the Company and the Board as Chief Financial Officer on 3 April 2023. His appointment is made as Rob Price steps down from this role and the Board, after six years with K3. In order to ensure a smooth handover, Rob will remain with K3 until 31 May 2023.
Eric Dodd, FCA, has extensive experience of the software and technology sector. He was previously Chief Financial Officer of ATTRAQT Group plc ("ATTRAQT"), which he joined in 2017. ATTRAQT specialises in omnichannel search, merchandising and personalised product discovery technology for online retailers and brands, mainly in the fashion sector. Before ATTRAQT, Eric was Chief Financial Officer of Iptor Supply Chain Systems UK Limited, a private equity-backed software and services business, and previously Chief Financial Officer at KBC Advanced Technology plc, the software and consultancy provider to the hydrocarbon industry.
Eric qualified as a Chartered Accountant with Deloitte, and holds an MBA from London Business School.
Tom Crawford, Chairman of K3 commented:
"On behalf of the Board, I would like to thank Robert for the significant contribution that he has made to the business over the last six years as CFO. We also appreciate the smooth handover he is ensuring with Eric, who joins the Board as CFO in early April.
"We are delighted to welcome Eric. His substantial experience of our sector is especially valuable as we continue K3's transition to a product-led business and maximise the potential of its class-leading solutions for the fashion and apparel sector."
Enquiries:
| K3 Business Technology Group plc www.k3btg.com | Tom Crawford, Chairman Marco Vergani, Chief Executive Officer
| T: 0161 876 4498
|
| finnCap Limited (NOMAD & Broker)
| Julian Blunt/Milesh Hindocha (Corporate Finance) Sunila De Silva (Corporate Broking)
| T: 020 7220 0500 |
| KTZ Communications | Katie Tzouliadis/ Robert Morton | T: 020 3178 6378 |
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.
INFORMATION REQUIRED UNDER RULE 17 AND SCHEDULE 2, PARAGRAPH (G) OF THE AIM RULES FOR COMPANIES ("AIM RULES")
| Full name: | Eric Stephen Dodd |
| Age: | 53 |
| K3 shares held: | None |
| Current directorships: | Devon Property Management Limited
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| Historic directorships in previous five years: | ATTRAQT Group Limited (formerly ATTRAQT Group Plc) ATTRAQT Limited Cambridge Cognition Holdings Plc Early Birds London Limited Early Birds SAS FCLS RM 7 Limited Fredhopper Limited Fredhopper (Australia) PTY Limited Fredhopper BV
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There is no further information to be disclosed in relation to the appointment pursuant to Rule 17 and Schedule 2, paragraph (g) of the AIM Rules.
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