KRM22 PLC — Board/Management Information 2019

Mar 5, 2019

National Storage Mechanism | Additional information

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RNS Number : 7962R

KRM22 PLC

05 March 2019

KRM22 plc

("KRM22" or the "Company")

KRM22 Non-Executive Director steps down

KRM22 plc (AIM: KRM), the technology and software investment company, with a particular focus on risk management in capital markets, announces that Jim Oliff has resigned from his role as non-executive director. Jim was diagnosed with cancer in 2018 and has made the decision to step down from his role as non-executive director while he undergoes treatment.

Jim Oliff said 'It is with deep regret that I must resign from the board of KRM22.  I am in the final stages of treatment for cancer which prevents me from giving the time, attention and focus that both management and the shareholders deserve. I remain very optimistic that the company is on the right path and that it is providing unique value to the financial services industry'. 

Keith Todd, CEO at KRM22, said, "Jim has brought a wealth of industry knowledge and experience to the KRM22 board, and we wish him very well in his treatment and recovery."

For further information please contact:

KRM22 plc                                                                                                                             via FTI Consulting LLP

Keith Todd CBE, Executive Chairman and CEO

Karen Bach, COO

finnCap Ltd (Nominated Adviser and Sole Broker)                                                         +44 (0)20 7220 0500

Carl Holmes / Kate Bannatyne

FTI Consulting LLP                                                                                                                 +44 (0)20 3727 1000

Matt Dixon / Jamille Smith / Debbie Oluwaseyi Sonaike

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a focus on risk management in capital markets.

Through its investments and the Global Risk Platform, KRM22 helps capital market companies reduce the cost and complexity of risk management. The Global Risk Platform provides applications to help address firms' regulatory, market, technology and operations risk challenges and to manage their entire enterprise risk profile.

Capital markets companies' partner with KRM22 to optimize risk management systems and processes, improving profitability and expanding opportunities to increase portfolio returns by leveraging risk as alpha.

KRM22 PLC is listed on AIM and the Group is headquartered in London, with offices in several of the world's major financial centres.

See more about KRM22 at KRM22.com.

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