Kape Technologies PLC Directorate Changes (7409Y)
January 18 2022 - 1:01AM
UK Regulatory
TIDMKAPE
RNS Number : 7409Y
Kape Technologies PLC
18 January 2022
18 January 2022
Kape Technologies plc
("Kape," the "Company" or the "Group")
Directorate Changes
Kape (AIM: KAPE), the digital security and privacy software
business, announces that, following nine years with Kape, five of
which as Group CFO, and the successful acquisitions of Webselenese
and ExpressVPN last year, Moran Laufer is stepping down from the
board to pursue other interests as part of an anticipated
relocation to Israel.
Oded Baskind, who is currently VP Finance at Kape, has been
appointed Chief Financial Officer Designate and following a planned
handover period during which he will be supported by Moran over the
next couple of months, it is anticipated Oded will join the
Board.
Oded has progressed at Kape taking numerous key finance roles
since joining in 2014, including supporting the Group's admission
to AIM in September 2014 and its six subsequent acquisitions. Oded
previously worked at PwC in audit, where he qualified as a
Certified Public Accountant and has extensive experience in
operating multinational finance teams as well as M&A execution
and integration. Oded has a BA in accounting and economics from the
Hebrew University.
Don Elgie, Non-Executive Chairman of Kape, commented:
" On behalf of the Board, I would like to personally thank Moran
for his considerable contribution to Kape. Moran joined Kape prior
to our IPO and has helped lead the Group during what has been a
truly transformational period, to position Kape as the
world-leading digital privacy and security player it is today. We
wish him all the best for the future .
"Oded is already an integral part of the Group's finance team
and has a strong understanding of our business, playing a key role
in our sustained financial performance. We believe that Oded has
the experience and knowhow to lead the finance department's
operations and deliver the Group's goals. We look forward to
welcoming Oded to the Board in due course."
Moran Laufer, outgoing Chief Financial Officer, commented:
"It has been an incredible journey serving as CFO and a member
of the board at Kape. I am extremely proud of what we have achieved
over the past several years. I would like to thank Ido, the board
and my fellow colleagues for the support and opportunities
presented to me during my time with the Company. I am a strong
believer in Kape's management, team and mission and delighted that
Oded has been appointed as my successor. I wish Kape every success
for the future."
Enquiries:
Kape Technologies plc via Vigo Consulting
Ido Erlichman, Chief Executive Officer
Shore Capital (Nominated Adviser & Joint Broker)
Toby Gibbs / Mark Percy / James Thomas / Michael +44 (0)20 7408
McGloin 4090
Stifel (Joint Broker)
Alex Price / Brad Topchik / Alain Dobkin / +44 (0) 20 7710
Richard Short 7600
Vigo Consulting (Financial Public Relations)
Jeremy Garcia / Antonia Pollock / Kendall Hill +44 (0)20 7390
kape@vigoconsulting.com 0237
About Kape
Kape is a leading 'privacy-first' digital security software
provider to consumers. Through its range of privacy and security
products, Kape focusses on protecting consumers and their personal
data as they go about their daily digital lives.
Kape has over 6.5 million paying subscribers, supported by a
team of over 750 people across ten locations worldwide. Kape has a
proven track record of revenue and EBITDA growth, underpinned by a
strong business model which leverages our digital marketing
expertise.
Through its subscription-based platform, Kape has fast
established a highly scalable SaaS-based operating model, geared
towards capitalising on the vast global consumer digital privacy
market.
www.kape.com
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