CentralNic Group PLC (LON:CNIC) announced it appointed Matthew Max Edward Royde and Horst Oskar Siffrin as non-executive directors with immediate effect.
The global internet platform, which derives revenue from the subscription sales of domain names and web services, said they are joining the board as shareholder representatives of Kestrel Partners LLP and inter.services GmbH respectively.
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Royde is managing partner at Kestrel Partners, an investment management company specialising in business-critical software companies, which holds a 22.53% stake in the AIM-listed company.
He co-founded Kestrel Partners in 2009 and is a fund manager of Kestrel Opportunities after a role as a managing director of KBC Peel Hunt, running its technology franchise.
He has over 20 years' experience focusing on the technology sector, CentralNic said.
Siffrin started his career as a German diplomat serving in Germany, the UK, Ethiopia, Nigeria, Bolivia, Poland and Spain.
He is partner of inter.services holding/investments, which holds a 14.77% stake in the firm, and owner of H.O. Siffrin Consulting based in Berlin.
From August 2011 until the reverse takeover of CentralNic in August 2018 he was chairman of the Supervisory Board of KeyDrive SA, Luxemburg and member of the Advisory Board of the Key-Systems Group. In 2018 he co-founded AstraPharma.
"We are delighted to welcome Max to our board. Through Kestrel Partners he has been a long-term investor and supporter of CentralNic. He has extensive experience of UK listed technology companies and capital markets and his knowledge will be invaluable to us as we continue to grow the company, noted Ben Crawford, chief executive of CentralNic.
“We also welcome Horst onto our board. Having held senior positions at our 2018 acquisition KeyDrive, Horst understands both our industry and our business and we look forward to his support in taking CentralNic to the next stage in its growth."