Eagle Eye Solutions Group PLC Directorate Change (2988U)
January 17 2017 - 1:00AM
UK Regulatory
TIDMEYE
RNS Number : 2988U
Eagle Eye Solutions Group PLC
17 January 2017
17 January 2017
Eagle Eye Solutions Group PLC
("Eagle Eye" or "Group" or "Company")
Directorate Change
Eagle Eye, the SaaS technology company that validates and
redeems digital promotions in real-time for the grocery, retail and
hospitality industries, announces that Phill Blundell, Deputy Chief
Executive Officer has decided to leave the Company to pursue other
opportunities with immediate effect.
Malcolm Wall, Non-Executive Chairman, commented: "I would like
to thank Phill for his contribution to help build Eagle Eye into
the business that it is today and wish him all the best for the
future."
For further information, please contact: Eagle Eye
Tim Mason, Chief Executive Officer Tel: 0844 824 3686
Lucy Sharman-Munday, Chief Financial
Officer
Investec (Nominated Advisor and Broker)
Dominic Emery/ David Anderson, Corporate Tel: 020 7886 2500
Finance
Matt Lewis, Corporate Broking
Hudson Sandler
Nick Lyon/Alex Brennan Tel: 020 7796 4133
Information on Eagle Eye
www.eagleeye.com
Eagle Eye is a leading SaaS technology company that securely
validates and redeems digital promotions in real-time for the
grocery, retail and hospitality industries.
The Company's digital marketing platform, Eagle Eye AIR, enables
the secure, real-time, multi-channel issuance, management and
redemption of digital promotions and rewards, replacing previously
used paper-based methods. Our Eagle Eye platform creates a network
effect between merchants, distributors and brands enabling stronger
connections and value to all parties. Through our four products we
enable brands and merchants to reduce cost, improve their customer
offer and accelerate their innovation.
The UK promotions market is currently transitioning through
substantial change as both retailers and consumers are moving away
from paper and plastic to digital. In 2014 there were in excess of
730 million coupons redeemed in the UK(1) , and 16 billion digital
coupons redeemed worldwide(2) .
The Eagle Eye AIR platform comprises four key products: Eagle
Eye Promote - for the management of offers and promotions, Eagle
Eye Gift - for gift cards and customer care, Eagle Eye Reward - for
loyalty and reward schemes and Eagle Eye Engage - for digital
messaging. These four products enable the Company's customers to
deliver targeted promotions, gift vouchers and rewards to consumers
in real time, in a simple and secure way, across multiple marketing
communications channels including email, SMS messaging and loyalty
apps. The promotions can be redeemed securely by the consumer
through any enabled point of sale channel.
The Company's current customer base comprises leading names in
UK grocery, retail and hospitality including Asda, J Sainsbury,
Greggs, JD Sports, Ladbrokes, Marks & Spencer, Mitchells &
Butlers, Pizza Express, Tesco and Thomas Pink.
Notes:
1. Source: Valassis 2014
2. Source: Statista 2014
This information is provided by RNS
The company news service from the London Stock Exchange
END
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