TIDMTIDE
RNS Number : 0767B
Crimson Tide PLC
31 May 2023
31 May 2023
This announcement contains Inside Information
Crimson Tide plc
("Crimson Tide" or "the Company")
Board changes
Crimson Tide plc (TIDE), the provider of the mpro5 Smart App
Solution, announces the following Board changes, which will take
effect immediately following the Company's AGM on 20 June 2023.
Janet Morris and Stephen Brewer will join the Board as
independent non-executive directors, and Shaun Mullen, currently
Head of Finance, will join the Board as Finance Director. Stephen
Goodwin and Tony Knowles, non-executive directors of the Company,
are retiring, and Peter Hurter, finance director, will leave the
Company to pursue other career opportunities. Peter will remain a
consultant to the Company. Thomas England will step down from the
Board to join a newly formed Operating Board.
Janet Morris is an accomplished global commercial leader with
significant international experience with Cambridge International
Education (2009-2019), part of Cambridge University Press &
Assessment, the global education and assessment organisation. She
served as interim CEO (2018) and Director of International Sales
& Marketing (2009-2018), where she was responsible for the
leadership and development of a global network of 175 people in
over 160 countries over a nine-year period. Janet has also held a
variety of interim leadership and consultancy roles as part of a
portfolio career in a diverse array of organisations and industry
sectors, including EdTech, publishing, professional services,
legal, construction, property, environment, technology, travel,
aviation, local and national government bodies.
Janet will Chair the Remuneration Committee and join the Audit
Committee
Stephen Brewer is an experienced non-executive and strategic
board adviser, as well as a former CEO and C-level executive with
Eircell, Vodafone, O2 UK, Orange France, Cable & Wireless and
Digicel. Whilst CEO at Eircell, he oversaw the mobile operator's
growth from 100,000 to 1.6 million customers and played a key role
in the IPO of its parent company Eircom before leading Eircell's
sale to Vodafone for $3.5 billion. He has planned and led the
successful delivery of major infrastructure and complex,
transformational projects in Ireland, the UK, France, and the
Caribbean. He acts as an advisor to Science Foundation Ireland and
Enterprise Ireland and has also advised Ireland's Department of the
Environment, Climate and Communications. Stephen was a founding
Director of Apple Computer UK.
Stephen will Chair the Audit Committee and join the Remuneration
Committee
Shaun Mullen joined the Company in 2023 as Head of Finance and
will now assume the role of Finance Director & Company
Secretary. Shaun trained at Baker Tilly (now RSM) and joined PWC's
advisory team as a Corporate Finance Manager. His career includes
spells as Finance Director for the British Private Equity and
Venture Capital Association (BVCA), Kesslers International and
Coffee Planet. Shaun has international experience in the Middle
East.
Further details on Janet Morris, Stephen Brewer and Shaun Mullen
are set out below.
Barrie Whipp, Chairman, commented: "We continue to position the
Company for further growth, and I am delighted to welcome Janet,
Stephen, and Shaun to the Board. It should be noted that all these
new Directors have international experience, and our early-stage
growth beyond the UK and Ireland offers opportunities for them to
contribute immediately. The new Non-Executive Directors have
experience from larger organisations, and we look forward to their
counsel. We are confident that we have chosen two exceptional
candidates.
I would like to sincerely thank those retiring from the Board
for their service. Tony is very busy with other projects, while
Peter has an opportunity to move on to pastures new, having been a
great support to the team for around five years. Thomas England
will remain with the Company on our new Operating Board. Finally,
Steve Goodwin has been fundamental to our success and has
contributed immeasurably as Finance Director, CEO and Non-Executive
Director."
For further information, please contact:
Crimson Tide plc +44 1892 542444
Barrie Whipp / Jacqueline Daniell
finnCap (Nominated adviser and Broker)
Corporate Finance: Julian Blunt /
Milesh Hindocha +44 20 7220 0500
Corporate Broking: Andrew Burdis +44 20 7220 0500
Alma PR - (Financial PR)
Josh Royston / Will Ellis Hancock +44 7780 901 979
Crimson Tide provides mpro5, the Smart App Solution. For further
information, see mpro5.com and on Crimson Tide plc,
crimsontide.co.uk
The following information regarding the appointment of Janet
Rosemary Morris (married surname: Bidwell), aged 58, is disclosed
under Schedule 2(g) of the AIM Rules for Companies:
Current directorships and/or partnerships: Former directorships and/or
partnerships (within the last five years):
Unity Schools Partnership Education Ltd -
Unity Schools Partnership
Roffey Park Institute Limited
Walk the Walk Worldwide
Alliance Française de Cambridge
Arche Consulting International Ltd
The following information regarding the appointment of Stephen
James Brewer, aged 75, is disclosed under Schedule 2(g) of the AIM
Rules for Companies:
Current directorships and/or partnerships: Former directorships and/or
partnerships (within the last
five years):
Cellusys IoT Limited IT Rollout Consultancy Limited
ChildVision Company Limited Guarantee Magnet Networks Limited
Hapi Business Consultancy Limited Obelisk International Group
Holdings Limited
Velona Systems Limited
Roe Lane Limited entered a creditors voluntary liquidation
process on 10 July 2014, within a year of Mr. Brewer ceasing to be
a director (on 31 January 2014). According to the liquidator's
final statement of account dated 6 January 2016, preferential and
unsecured creditors received a total of EUR 72,185.
The following information regarding the appointment of Shaun
Robert Mullen, aged 46, is disclosed under Schedule 2(g) of the AIM
Rules for Companies:
Current directorships and/or Former directorships and/or
partnerships: partnerships (within the last
five years):
- Oscivia Finance Solutions
Limited
There is no further information to be disclosed in relation to
any of the above director appointments pursuant to Rule 17 and
Schedule 2, paragraph (g) of the AIM Rules.
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END
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