System1 Group PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
Directorate Change
System1 Group plc (AIM: SYS1) today announces that, as planned, Stefan Barden will step down as CEO and from the board of directors on 31 January and revert to his previous role as an adviser to the board of directors on strategy and technology. System1's founder, John Kearon, will return to the CEO role.
John Kearon said: "I would like to express the whole Company's gratitude to Stefan for his immeasurable executive contribution over the past 18 months. Including playing a leading role implementing the new strategy centred around our Marketing Predictions platform, rebuilding our 'back-office' from first principles to support it, and reinforcing our Executive Team with key hires to add to our own home-grown talent, including the appointment of a chief operating officer. I'm very pleased Stefan will continue with us in his original advisory role. Thank you, Stefan".
This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. Upon the publication of this announcement, this inside information is now considered to be in the public domain and the Company confirms that it currently has no inside information.
The Company can be found at www.system1group.com.
System1 Group PLC Tel: +44 (0)20 7043 1000 John Kearon, Founder and Chief Executive Officer
Chris Willford, Chief Financial Officer
Canaccord Genuity Limited Tel: +44 (0)20 7523 8000
Simon Bridges / Andrew Potts