1 August 2024
Pulsar Group PLC
("Pulsar Group", the "Company" or "the Group")
Board Changes
Pulsar Group Plc (AIM: PULS), the technology innovator delivering Software-as-a-Service ("SaaS") solutions for the global marketing and communications industries, announces that Max Royde has been appointed to the Board as a Non-Executive Director with immediate effect.
Max Royde is the managing partner and CEO of Kestrel Partners LLP, an investment management company specialising in business-critical software companies, which has a beneficial holding in Pulsar Group of 35,688,177 shares or 27.95% of the issued share capital of the Company.
Christopher Satterthwaite, Non-Executive Chairman said: "On behalf of the Board and the entire Pulsar team, I am pleased to welcome Max Royde to our Board. Through Kestrel Partners he has been a long-term investor and supporter of Pulsar Group. Max has over 20 years' experience in the technology sector and brings a wealth of expertise in supporting business-critical software companies like Pulsar."
Additional information
The following information is being disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.
Matthew Max Edward Royde (52 years old) has been a director or partner of the following companies during the five years preceding the date of the announcement:
| Current directorships and/or partnerships | Past directorships and/or partnerships |
| Charles Connell & Company (Holdings) Limited | Aferian plc |
| Elms Road Capital Limited | Kestrel Investment Partners LLP |
| Findlay Park Partners LLP | Ingenta plc |
| IQGeo Group plc | Tialis Essential IT PLC |
| Kestrel Partners LLP | |
| Team Internet Group PLC |
|
| Track Record Holdings Limited |
|
| Trailight Ltd. |
|
On 10 October 2000, Max Royde was appointed as a director of Hotel Buyer Limited and subsequently resigned as a director on 10 May 2005. On 31 May 2005, the company passed an extraordinary resolution to put the company into members' voluntary liquidation. The company was dissolved on 26 January 2008.
Save as set out above there are no further disclosures required pursuant to Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies.
For further information, please contact:
Pulsar Group PLC
Joanna Arnold (CEO) / Mark Fautley (CFO) 020 3426 4070
Cavendish Capital Markets (Nominated Adviser and Broker)
Corporate Finance - Marc Milmo / Fergus Sullivan 020 7220 0500
ECM - Sunila de Silva
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