Brady plc (BRY.L), a leading global provider of trading, risk management and settlement solutions to the energy and commodities sectors, announces that Ian Jenks has stepped down as Non-Executive Chairman and Bob Beveridge has stepped down as a Non-Executive Director of the Company with immediate effect. Nick Greatorex, an existing director of the Company, has been appointed as the Company's Non-Executive Chairman with immediate effect.
Carmen Carey, CEO, commented:
"I would like to thank Ian and Bob for their contribution to the business over the past few years and for the support they have given me since I joined the Company. I look forward to working with Nick as we enter a new and exciting phase for the Company."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information please contact:
Carmen Carey, Chief Executive Officer
Martin Thorneycroft, Chief Financial Officer
Telephone: +44(0)1223 479479
Cenkos Securities plc - NOMAD and broker
Ben Jeynes / Cameron MacRitchie
Telephone: +44 (0)20 7397 8900
Bob Huxford / Ian Silvera/ Megan Kovach
Telephone: +44 (0)20 7382 4730
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations, back office financials and treasury settlement, for energy, refined and unrefined, soft commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets with some 300 customers worldwide, who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.
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 [email protected] or visit www.rns.com.
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