Incadea PLC : Appointment of Non Executive Director

incadea plc

("incadea" or the "Company")

Appointment of Non Executive Director

incadea plc (AIM:INCA), a leading provider of enterprise software and services to the global automotive dealership industry,  is pleased to announce the appointment of Pantelis Papageorgiou, 42, as Non-Executive Director of the Company with immediate effect.  Mr Papageorgiou is very familiar with the Company having been involved with incadea since before its float in May last year, advising the Board on how best to achieve its fiscal and corporate objectives. 

Mr Papageorgiou has over 15 years of experience working with international companies.   He has held senior executive positions with private and listed companies mainly in the technology, auditing, asset management, food and healthcare industries.  He has a proven track record in listing companies on AIM/LSE and has gained board experience from roles at listed and private companies.

He holds an MBA from Boston University, Graduate School of Management and has a BSC in accounting and finance.

Mr Papageorgiou has been a director of the following companies in the last five years:

David Hobley, Chairman commented,

"We are delighted to welcome Pantelis to the Board. He brings strong experience in areas such as international expansion and financial control, which will be key areas of focus for the Board as incadea continues upon its successful strategic expansion."

Save as disclosed above, there is no further information to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

For further information please contact

About incadea

incadea (LSE AIM: INCA) is the leading provider of enterprise software solutions and services to the global automotive retail and wholesale market. With a proven industry focus and expertise, incadea is the vendor of choice for car manufacturers and their dealer networks around the world. incadea is present in 80 countries, serving a growing community of 50,000 end users, across 2,000 dealerships of market leading OEMs. incadea was founded in 2000 and listed on the AIM market of the London Stock Exchange in 2012.

Headquartered in Germany, incadea has offices in Austria, Greece, Spain, Portugal, Russia, China, India, Taiwan, Mexico, New Zealand. The Company has a network of worldwide certified channel partners, and its range of blue chip customers include over 50 OEMs such as BMW, Toyota, Volkswagen and Mercedez Benz.