Maestrano : Appointment of new Non-executive Director and CFO

Regulatory Story
Go to market news section
Maestrano Group PLC - MNO Appointment of new Non-executive Director and CFO Released 07:00 13-Mar-2020

RNS Number : 0234G

Maestrano Group PLC

13 March 2020

13 March 2020

Maestrano Group PLC ('Maestrano' or the 'Company')

Maestrano appoints new Non-executive Director and CFO

Maestrano Group PLC (AIM: MNO), the Artificial Intelligence platform for transport corridor analytics, is pleased to announce the appointment of Mr Nicholas McInnes as a non-executive director and Mr Robert Lojszczyk as Chief Financial Officer and an executive director.

Mr McInnes has been a United Kingdom diplomat through much of his career, focusing on international trade and investment in such key positions as the British Consul General, Sydney and Director General Trade & Investment for Australia and New Zealand; and Director Trade & Investment USA and Deputy Consul General New York.He was also a former senior executive for Railtrack PLC, a group of companies that owned the track, signalling, tunnels, bridges, level crossings and all but a handful of the stations of the British railway system from 1994 until 2002.

Mr Lojszczyk has over 30 years' experience as a senior financial manager, including a combined 15 years as Vice President Finance for BHP Billiton and BlueScope and 2 years as CFO of SubZero Group Limited, all listed on the Australian Securities Exchange. He was most recently a Principal of the CFO Centre Pty Ltd, where his assignments included contracting as CFO to Airsight, prior to its acquisition by Maestrano in 2019. He is a Fellow of the Australian Society of Certified Practicing Accountants.

Ian Buddery, Chairman of Maestrano, commented:

'We are delighted to announce these two key appointments. Nick brings to our board his vast knowledge of international trade and deep expertise in the global rail industry, working with UK rail technology companies expanding into global markets. He will help us to build our marketing strategies and reach key decision makers for our rail and road transport analytics platform. Robert is a seasoned CFO who has been working with the Airsight founders since 2015 and has impressed the board with his grasp of financial detail and valuable insights into the business. He is today building systems and processes that will enable us to track fast growth operations across multiple geographies. He will join the board and assume the role of Company Secretary.'

The following disclosures are made in accordance with the AIM Rules for Companies. Other than this information, there is no further information required to be disclosed under paragraph (g) of Schedule Two of the AIM Rules for Companies:

Full Name	Nicholas James McInnes
Age	65
Current beneficial shareholding in the Company	None
Current Directorships	None
Former Directorships (previous five years)	None

Full Name	Robert Zygmunt Lojszczyk
Age	62
Current beneficial shareholding in the Company	1,000,000 shares held indirectly
Current Directorships	Robert L Consulting Pty Ltd
Former Directorships (previous five years)	None

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Enquiries:

Maestrano Group plc

Andrew Pearson, CEO c/o IFC

Grant Thornton (Nominated Adviser)

Colin Aaronson / Jamie Barklem / Niall McDonald [phone]

Arden Partners (Broker)

Ruari McGirr / Ciaran Walsh [phone]

IFC Advisory Limited (Financial PR & IR)

Graham Herring / Zach Cohen [phone]

[e-mail]

[e-mail]

About Maestrano

Maestrano offers a patented cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analysing and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms.

Further information on the Company is available at: www.maestrano.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

BOAGPUGGWUPUUGW

Close

London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

©2014London Stock Exchange plc. All rights reserved

Appointment of new Non-executive Director and CFO - RNS