18 July 2013
Enables IT Group plc
("Enables IT", "the Group" or "the Company")
Board Changes
Enables IT, the AIM quoted provider of Date Centre and Managed Services,
announces that it has appointed Miles Johnson as Non-Executive Chairman with
immediate effect. Accordingly, Mike Walliss who assumed the position of
Executive Chairman, on an interim basis, will relinquish the role and continue
as Chief Executive Officer of the Company.
Mr Johnson, who will oversee the Board, has 25 years' experience in the Service
industry having invested in, and sat on the boards of, a number of businesses
including: Zero Octa UK Limited, a revenue recovery business serving the global
airlines and employing 800 people in Mumbai; Aqueduct Design & Advertising
Limited, a web design agency employing 40 people in Clerkenwell, London; and
Bin Weevils Limited, one of the UK's leading children's virtual worlds.
In 1990 Mr Johnson founded The Presentation Company Limited which would later
become Wheel Limited, where he raised funding for, grew and exited from in
2000. At that point the business was one of the largest web design agencies in
the UK, employing 275 people and turning over c£20m. Mr Johnson subsequently
bought back the business in 2003, turned it around and sold it again for a
significant profit in 2005.
Having participated in the recent placing, Mr Johnson has a £50,000
shareholding in Enables IT.
Mike Walliss, Chief Executive Officer of Enables, said:
"I am delighted to welcome Miles to the Board. As Enables IT continues its
planned organic and acquisitive growth strategy, Miles' experience and industry
knowledge will be of significant benefit to the Company. His background in
predominantly high-growth businesses complements Enables' own ambitions and
growth trajectory and will assist in continuing to build on the early momentum
the Company has achieved since the reverse takeover in November last year.
"We are looking forward to further adding to our portfolio following last
month's acquisition of Support Force Group while our £750,000 contract win -
announced earlier this month provides a solid springboard for further growth."
FURTHER ENQUIRIES
Enables IT Group plc
Michael Walliss Tel: 01372 455 970
Sanlam Securities UK (Nominated Adviser and Broker)
Virginia Bull / Richard Goldsmith / Katie Shelton Tel: 020 7628 2200
Bishopsgate Communications
Nick Rome / Sam Allen / Matthew Low Tel: 020 7562 3350
Regulatory Disclosures
Full Name: Miles Stanley Clewley Johnson
Age: 49
Holding in the Company: 138,889 ordinary shares of £0.01 each in the capital of
the Company, equivalent to 0.75 per cent. of the currently issued share
capital.
Current directorships/partnerships:
Aqueduct Design & Advertising Limited, Bin Weevils Limited, United Studios
London Limited, Milo Investments Ltd, Miller Harris Limited, Elemental
Herbology Limited.
Directorships/partnerships within the last 5 years:
Lemon Factory Limited
There are no further disclosures to be made in relation to Miles Johnson under
Schedule Two paragraph (g) of the AIM Rules for Companies.
