TIDMUTW

RNS Number : 7442J

Utilitywise plc

17 June 2014

17 June 2014

Utilitywise plc

("Utilitywise" or the "Company")

Appointment of Director

Utilitywise PLC (AIM:UTW), a leading independent utility cost management consultancy, is pleased to announce the appointment of Jon Kempster, a non-executive Director of the Company, in the newly created role of Commercial Director with effect from August 1 2014. As such he will remain on the Board of the Company, in an Executive capacity from that date forward.

Jon has extensive experience in the public company environment and has previously held Board roles with Wincanton plc, Delta plc, Low & Bonar plc, Linden plc and Fii plc. Latterly Jon has been Finance Director of a large private group, JVM Ltd. His role will principally be focused on operations, business development and M&A and he will report directly to Geoff Thompson, CEO.

Richard Feigen, Chairman of Utilitywise, commented: "Utilitywise has achieved significant growth to date and is well placed to continue that trend. As we continue to increase market share we are keen to add new skill sets that will help us to enjoy sustained, profitable growth and I am sure that Jon's experience will prove a great asset. The Board has benefited greatly from Jon's counsel since he joined in October last year and we are delighted that he has agreed to join us in an operational, Executive role."

For further information:

 
 Utilitywise PLC                                     0870 626 0559 
 Geoff Thompson, CEO 
 
 finnCap (NOMAD and broker)                          020 7220 0500 
 Matt Goode / Charlotte Stranner / Henrik Persson 
  (Corporate Finance) 
 Simon Johnson (Corporate Broking) 
 
 Newgate Threadneedle                                020 7653 9850 
 Josh Royston / John Coles / Hilary Millar

About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in South Shields, Tyne and Wear. The Company has established trading relationships with a number of major UK energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Businesses large and small rely on Utilitywise for their energy management needs. Clients range in size from high street shops to multinationals with thousands of sites and cover the whole of the UK. In total, Utilitywise has over 17,000 customers and manages an overall energy consumption of approaching 20 terra watt hours per annum.

Utilitywise is a UK company quoted on the AIM market of the London Stock Exchange. For more information, please visit www.utilitywise.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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