7 November 2024
TPXimpact Holdings
PLC
("TPX",
"TPXimpact" or the "Company")
Appointment of Chief
Financial Officer
TPXimpact Holdings PLC (AIM: TPX), the technology-enabled services company focused on
people-powered digital transformation, is pleased to announce the
appointment of Noel Douglas as Chief Financial Officer ("CFO") and
Company Secretary, effective on or before 1 April 2025. Noel will
also join the Board on the same date.
As previously announced, Steve
Winters will retire from the Board on 31 December 2024. Effective 1
January 2025, Richard Griffiths, who currently leads the Group
finance function with the support of a highly capable team, will
assume the role of Interim Chief Financial Officer until Noel joins
the Company.
Noel joins the Company from his role
as CFO at AND Digital, a technology consultancy that specialises in
accelerating digital transformation with revenues of £140m and
1,400 staff.
Previously, Noel served as Group
Financial Controller at Endava plc, a global IT services company.
There, he led a team of 210 finance professionals and oversaw
significant M&A activities, successfully integrating 13
acquisitions and driving operational efficiency. His leadership was
instrumental in supporting Endava's rapid expansion, with revenues
reaching £795m in FY23.
Noel brings a wealth of expertise in
commercial performance improvement and leading finance teams in
high-growth environments that will significantly contribute to the
Company's strategic ambitions.
Bjorn Conway, Chief Executive Officer,
commented:
"I am delighted to welcome Noel as
our new CFO. Noel's experience, skills and understanding of our
industry will be valuable as we continue our journey to deliver for
our clients in a sustainable way whilst improving shareholder value
and equipping our teams for the next phase of
growth.
"I am very grateful for the
contribution of Steve Winters, who is due to retire from the
Company on 31 December 2024 and has continued to work tirelessly to
support the delivery of its strategy. Steve's efforts in
establishing a strong team, robust management processes and
effective controls have positioned us well for this transition. I
am pleased to announce that Richard Griffiths, currently Group
Financial Director, will step in as Interim Chief Financial
Officer. Richard's leadership of the finance function, alongside
his capable team, gives us full confidence that he will seamlessly
guide us through this period as we prepare for Noel's
arrival."
Noel Douglas, incoming Chief Financial Officer,
commented:
"I am excited to join TPXimpact at
this stage of its growth. The team's commitment to delivering
impactful digital transformation resonates with my experience in
driving financial and operational excellence. I look forward to
working with Bjorn and the team to execute our strategic objectives
and create lasting value for clients and shareholders."
Additional Information
In accordance with the AIM Rules,
the information required to be disclosed in relation to Noel
Douglas is set out below. Other than stated below, there is no
further information required to be disclosed under paragraph (g) of
Schedule Two of the AIM Rules.
Full name and age: Noel Matthew
Douglas, aged 42.
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Current
directorships
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Previous directorships (last
five years)
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ANDigital Limited
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n/a
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Save for the disclosures above,
there are no further disclosures to be made in accordance with Rule
17 and Schedule 2(g) of the AIM Rules.
- Ends
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Enquiries:
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TPXimpact Holdings
Bjorn Conway, CEO
Steve Winters, CFO
Stifel Nicolaus Europe Limited
(Nomad and Joint Broker)
Fred Walsh
Ben Good
Sarah Wong
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Via Alma Strategic
+44 (0) 207 710 7600
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Dowgate Capital Limited
(Joint Broker)
James Serjeant
Russell Cook
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+44 (0) 203 903 7715
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Alma Strategic Communications
(Financial PR)
Josh Royston
Kieran Breheny
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tpx@almastrategic.com
+44 (0) 203 405 0209
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About
TPXimpact
We believe in a world enriched by
people-powered digital transformation. Working in collaboration
with organisations, we're on a mission to accelerate positive
change and build a future where people, places and the planet are
supported to thrive.
Led by passionate people, TPXimpact
works closely with its clients in agile, multidisciplinary teams;
challenging assumptions, testing new approaches and building
confidence and capabilities. Combining our rich heritage with
expertise in human-centred design, data, experience and technology,
we work to create sustainable solutions with the flexibility to
learn, evolve and change.
The business is being increasingly
recognised as a leading alternative digital transformation provider
to the UK public services sector, with over 90% of its client base
representing public services.
More information is available at
www.tpximpact.com