– UK, Cambridge – Brady Plc (LON: BRY), the leading global provider of trading, risk management and settlement solutions to the energy and commodities sectors, today announced the appointment of Matthew Peacock, Nick Greatorex and Jog Dhody as non-executive directors of the Company with immediate effect.
These appointments follow confirmation earlier today that Hanover Acquisition Limited’s recommended mandatory final cash offer of 18 pence in cash for each Brady ordinary share had been declared wholly unconditional, with Hanover Acquisition Limited now interested in 56.2% of the Company’s issued ordinary share capital.
About Matthew Peacock
Matthew Peacock is the Founding Partner and Chief Executive of Hanover Investors, in which he holds a beneficial interest. He has deep industry experience across the outsourced services, industrial, technology, and financial sectors, where he has held roles in multiple public and private companies as an executive and non-executive chairman. In his early career, he ran International M&A in London for Barclays BZW, following work in New York and London for CSFB. Over the 1990s he led a series of successful private turnarounds as a lead shareholder and CEO. In 2002 he founded Hanover Investors. Since then he has led change strategies and turnarounds for a large number of companies as both an investor and board member. He holds an LLM in Law from Cambridge University.
About Jog Dhody
Jog Dhody has worked closely with Hanover since 2012 and joined Hanover in 2017 as Chief Operating Partner. In his early career, Jog held a number of Executive Director roles in multi-site retail and leisure businesses, and lead their turnarounds over a number of years. Since then Jog has sat on multiple Boards including Kalibrate Technologies Ltd, Hydro Technologies Ltd, Escher Group Holdings Ltd and Blancco Technology Group plc. Jog has deep industry experience across a range of technology and technology-enabled businesses. He holds a First Class Degree in Accountancy from Birmingham University and is a qualified Chartered Accountant.
About Nick Greatorex
Nick Greatorex is currently a non-executive director of Kalibrate Technology Ltd and was previously Group Finance Director and Interim Chief Executive of Capita plc. During 12 years with Capita, Nick also held roles as Executive Director for the Life and Pensions and Insurance and Benefits Services Division, Divisional Finance Director, and Commercial Director on major bids and contract implementations. He was previously Chief Financial Officer of Liberata plc and held senior Corporate Development roles at a number of organisations, including Centrica plc and Senior plc. He qualified as a chartered accountant in 1992 at Ernst & Young, where he spent 10 years working in the UK and US.
About Brady
Brady plc 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 the capture of financial and physical trading, through risk management, handling of physical operations, back-office financials and treasury settlement, for energy, refined and unrefined metals, soft commodities and agricultural.
Brady has 30 years’ expertise in the commodity markets and its 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 Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.
For more information: https://www.bradyplc.com
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