AdEPT Telecom Plc gain powerful addition to the board

AdEPT Telecom Plc (LON:ADT), one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity and voice solutions, this morning announced the appointment of Christopher Kingsman as a Non-Executive Director of the Company with immediate effect.

Christopher brings a broad range of experience from investing in and being involved with a number of public and private companies across different sectors. A graduate of Cambridge University, he started his career with Fidelity Investments and has managed a hedge fund and family office. He is the principal of a private Swiss investment group, executive chairman of Aranca, a global research, analytics and advisory firm based in India, and is a director of a number of private companies. Through Greenwood Investments Ltd, he has been the second largest shareholder of AdEPT since 2011, having increased his stake in August 2017 from 15.1% to 16.9% of the current issued share capital of the Company.

Roger Wilson, Chairman of AdEPT, commented: “We are delighted to welcome someone of Christopher’s calibre onto the Board. Christopher has been a supportive shareholder for quite some time, during which the Company has seen considerable growth, and the outlook is exciting. I am sure that his depth of public and private company board level experience will add value to the Company and the Board.”

Christopher Kingsman commented: “The management of AdEPT has done a fantastic job of transforming the group into a platform that can provide all stakeholders with superior outcomes. I look forward to working with the Board and being part of a team that is motivated to deliver excellent service and innovative solutions to customers.”

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