– UK, London – IDE Group Holdings plc (LON: IDE), the mid-market network, cloud and IT Managed Services provider, today announced the appointment of Sebastian White as a Non-Executive Director.
Max Royde, current Non-Executive Director will be stepping down with immediate effect and Sebastian will take up Max’s roles and responsibilities on the Board.
Andy Parker, Executive Chairman said “We thank Max for his contribution to the Company over the past year and look forward to working with Sebastian as a representative of one of our largest shareholders. Sebastian’s experience in the sector will be of great benefit to the Company.”
About Sebastian White
Sebastian has worked as Investment Director at Kestrel Partners LLP for two years. Kestrel is a London based fund management business whose clients are a significant shareholder of IDE Group. Prior to working at Kestrel, Sebastian was Mergers and Acquisitions Director at Alternative Networks for fourteen years.
As at the date of this announcement, Kestrel Partners LLP holds approximately 8.6 per cent. of the issued share capital.
For more information: http://www.idegroup.com
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