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:

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

Ian Fishwick, Chief Executive

John Swaite, Finance Director

07786 111 535

01892 550 225

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

AdEPT Telecom plc published this content on 08 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 08 November 2017 08:36:09 UTC.

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