17 January 2024 |
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Gateley (Holdings) Plc
("Gateley", the "Group" or the "Company")
(AIM:GTLY)
SUCCESSION UPDATE
Appointment of Non-Executive Director and Chair Designate
Further to the announcement in the Final Results on 6 September 2023 that Nigel Payne will step down as Chairman at the 2024 AGM, Gateley, the professional services group, is pleased to announce that David Wilton will join the board as Chair Designate and Non-Executive Director on 1 February 2024.
David is a finance professional with many years' experience in publicly quoted, people-focused companies, gained through a combination of executive and non-executive director roles. He is currently Non-Executive Director and Chair of the Audit Committee at CVS Group plc, the £1.2bn market capitalised AIM listed provider of integrated veterinary services. David was Chief Financial Officer of Sumo Group plc, the AIM listed video game developer, from IPO in 2017 to its successful sale to Tencent in January 2022. He remained with the business until his retirement from executive roles later that year. More recently, he was, until November 2023, Chair of Frontier Developments plc the AIM listed independent developer and publisher of video games. His previous roles include Group Finance Director of WYG plc and NED and Chair of the Audit Committee of Sweett Group plc.
David spent the earlier part of his career in corporate finance, primarily in mid cap M&A with Rothschilds. He is a Chartered Accountant.
On appointment David will become a member of the Remuneration, Audit and Risk, and Nominations Committees. From September he will take over the role of Chair of the Nominations Committee.
Rod Waldie, Chief Executive Officer, said:
"We are delighted to announce that David is joining Gateley next month as a non-executive director and that he has agreed to Chair the Group when Nigel steps down in September. Nigel has provided invaluable guidance and support to Gateley since our IPO in 2015. All of our stakeholders have benefited from him being at the helm for 9 years.
"David's experience as a chairman and non-executive director, alongside his executive roles leading and supporting companies with their growth ambitions, really stood out for us. His characteristics and personality are closely aligned to our own and he will be an excellent Chair for the Group. He joins the business at an important stage in our development as we continue to focus on our long-term strategy for growth through diversification in legal and consultancy services. On behalf of the board and everyone at Gateley, I welcome him to the team and look forward to working with him."
Further information on David Wilton
David Charles Wilton, aged 61, is, or has been, a director or partner of the following companies or partnerships during the last 5 years:
Current Directorships:
CVS Group PLC
Past Directorships:
Frontier Developments PLC
Auroch Digital Limited
Timbre Games Studio Inc
Pacman Finco Limited
Auroch Digital Coco Limited
Aghoco 1952 Limited
Secret Mode Limited
Sumo Video Games Private Limited
Lab42 Limited
Red Kite Games Limited
Red Kite Software Development Limited
Riverside Games Limited
Sumo Digital (Chilli) Limited
Sumo Digital (Locus) Limited
The Chinese Room Limited
Sumo Group Limited
Atomhawk Canada Limited
Project Republica Topco Limited
Project Republica Bidco Limited
Sumo Digital Holdings Limited
Sumo Digital Group Limited
Sumo Digital Entertainment Limited
Sumo Digital Limited
Sumo Games Development Limited
Mistral Entertainment Limited
Sumo Digital (Genus) Limited
AGHOCO 1337 Limited
Cirrus Development Limited
Atomhawk Design Limited
Gealka Limited
Pacman Reverse Acquisitions Sub, Inc
Pacman Acquisition Sub, Inc
Sumo Digital (Atlantis) Limited
David does not hold any legal or beneficial direct or indirect interest in the ordinary shares of the Company.
There is no further information required to be disclosed in respect of David Wilton pursuant to Rule 17 or schedule 2(g) of the AIM Rules for Companies.
Enquiries:
Gateley (Holdings) Plc | |
Neil Smith, Finance Director | Tel: +44 (0) 121 234 0196 |
Nick Smith, Acquisitions Director and Head of Investor Relations | Tel +44 (0) 20 7653 1665 |
Cara Zachariou, Communications Director | Tel +44 (0) 121 234 0074 Mob: +44 (0) 7703 684 946 |
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Liberum - Nominated adviser and Broker | |
Richard Lindley / Ben Cryer / Anake Singh | Tel: +44 (0) 20 3100 2000 |
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Belvedere Communications Limited - Financial PR | |
Cat Valentine | Mob: +44 (0) 7715 769 078 |
Keeley Clarke | Mob: +44 (0) 7967 816 525 |
Llew Angus | Mob: +44 (0) 7407 023 147 |
| gateleypr@belvederepr.com |
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