22 January 2020
Dods Group plc
("Dods" or "the Group")
Dods, a leading technology company specialising in data, code, business intelligence and media today announces that Simon Presswell will be stepping down as a Director and CEO with immediate effect.
Following the appointment of new senior management to the Group and successful integration of Merit, the Board has accepted Simon's intention to pursue other interests.
David Hammond will take on the role of Executive Chairman, on an interim basis, and the search for a permanent CEO has commenced today. A further announcement will be made in due course. An operating executive committee comprising three senior executives will report directly to David.
David Hammond, Executive Chairman, commented: "On behalf of the Board, I would like to thank Simon for his tenure at Dods and we wish him well for the future."
This announcement is released by Dods Group plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Group's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Group by Nitil Patel, Chief Financial Officer.
For further information, please contact:
Dods Group plc
David Hammond - Executive Chairman 020 7593 5500
Nitil Patel - CFO
Liberum (Nomad and Broker)
Neil Patel 020 310 2000
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