Defenx plc Appointment of Director (2203N)
August 07 2017 - 1:00AM
UK Regulatory
TIDMDFX
RNS Number : 2203N
Defenx plc
07 August 2017
7 August 2017
Defenx PLC
("Defenx" or the "Company")
Appointment of Director
Defenx PLC (AIM:DFX), the cyber-security software group, is
pleased to announce that, pursuant to the strategic partnership
with BV-Tech SpA ("BV-Tech") announced on 11 April 2017, Raffaele
Boccardo, the founder and CEO of BV-Tech, has been appointed as a
Non-Executive Director and Deputy Chairman of the Company, as a
nominated representative of BV-Tech, with immediate effect.
Under the relationship agreement entered into with BV-Tech in
connection with the strategic partnership, BV-Tech has the right to
nominate two directors to the Board of the Company, for as long as
it holds in excess of 20 per cent. of the ordinary shares of the
Company. The appointment of Mr Boccardo represents the second such
appointment under this agreement.
Mr Boccardo is an entrepreneur and President of the BV-Tech
Group, which he founded in 2005 to become one of Italy's leading
independent corporate IT solutions providers. He received the Order
of Merit of the Republic from the President of Italy in 2010. He
speaks fluent Italian and English.
Andrea Stecconi, CEO of Defenx, commented:
"I am delighted that Raffaele has joined the board of Defenx.
With his background and success in growing BV-Tech we believe that
he will be instrumental in helping to develop and deliver the
group's strategy going forward."
Additional information on Mr Boccardo
The following additional information is provided in accordance
with paragraph (g) of Schedule Two to the AIM Rules for
Companies:
Current and past Directorships for Raffaele Boccardo, aged
56:
Current Previous (last five years)
Aitek Spa BV TECH Service Srl
BV TECH Lab Srl Consorzio Milano Ricerche
BV TECH Ricerca Spa Infotronic Technologies
Srl (in liquidation)
BV TECH Spa MP Risk Agency Srl
Consorzio BV TECH PrivateWave Italia Srl
Progesi Spa Sinergie D'Impresa Srl
T Bridge Spa
ZeroZero39 Srl
Mr Boccardo is the founder, major shareholder of and a director
of BV-Tech, which holds 3,480,388 ordinary shares representing
approximately 29.3 per cent. of the Company's issued share capital.
Mr Boccardo owns no shares in the Company personally.
There is no further information required to be disclosed
pursuant to Schedule 2(g) of the AIM Rules.
Enquiries
Defenx PLC
Andrea Stecconi - Chief Executive Officer
Philipp Prince - Chief Financial Officer 020 3769 0687
IFC Advisory (Financial PR and IR)
Tim Metcalfe / Graham Herring / Heather
Armstrong 020 3053 8671
Strand Hanson Limited (Nominated and
Financial Adviser)
Angela Hallett / Richard Tulloch /
James Bellman 020 7409 3494
WH Ireland (Joint-Broker)
Adrian Hadden / Alex Bond 020 7220 1666
Beaufort Securities (Joint-Broker)
Jon Belliss 020 7382 8300
About Defenx
Founded in 2009, Defenx is a fast-growing and profitable
cyber-security software group that offers a range of Security,
Backup and Protection solutions for smartphones, PCs and
networks.
A channel sales strategy, focused on flexibility,
white-labelling and profit-share arrangements with distributors,
telecoms companies and hardware manufacturers, enables Defenx to
compete with established industry incumbents. Defenx's global
distribution partners currently include 3Italia, Türk Telecom and
Western Digital, amongst others including telecoms operators,
systems integrators and original equipment manufacturers.
Defenx was admitted to trading on AIM on 3 December 2015,
acquired Memopal Srl in August 2016 and announced a strategic
partnership with BV-Tech, an Italian IT solutions provider, in
April 2017. These have allowed the Company to diversify its product
portfolio and grow its customer base by adding proprietary cloud
backup and encryption technology as well as new channel
partners.
Web: investors.defenx.com
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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