TIDMDAY

RNS Number : 4404Z

Daisy Group PLC

11 December 2014

 
 Date:              11 December 2014 
 On behalf of:      Daisy Group plc (the "Company") 
 Embargoed until:   0700hrs 
 

Daisy Group plc

Management Update

Daisy Group plc (AIM:DAY), a leading provider of business communication and IT services, is pleased to announce that Neil Muller will join as Chief Executive Officer ("CEO") in February 2015.

Daisy Group founder and CEO Matthew Riley will become Executive Chairman.

Neil is currently Computacenter's UK Managing Director, where he has worked for over 20 years. Neil's strong expertise in managed services will be instrumental to his role as Daisy CEO, in which he will focus on growth in the ICT space and managed services portfolio.

Matthew Riley, Chief Executive Officer of Daisy Group commented:

"We are delighted to be entering into a new stage of development and growth, following this week's announcement that the Management buyout offer for Daisy has been declared unconditional in all respects.

"As Executive Chairman, I will work closely with Neil and the Management team on the Company's strategic development and growth, and am confident that Neil's industry knowledge and expertise will drive our strategy with great success."

Neil Muller commented:

"The converging world of telecommunications and IT represents a host of exciting opportunities and Daisy is in a prime position to evolve and adapt its existing capabilities, addressing new market dynamics and mid-market customer needs.

"I am very excited about working with Matthew and the Daisy team to identify new opportunities for growth, capitalise on market changes, and further enhance the customer experience."

Enquiries:

 
Liberum Capital           Tel: 020 3100 2000 
 Limited 
Steve Pearce / Tom 
 Fyson 
Redleaf PR Limited         daisy@redleafpr.com 
Rebecca Sanders-Hewett    Tel: 020 7382 4730 
 / Jenny Bahr 
 
 

Notes to Editors:

About Daisy Group plc

Daisy Group plc (AIM: DAY) (the "Group") is a leading provider of IT services and unified communications to businesses. The Group provides unified communications across a product portfolio including data, mobile, systems, maintenance and voice, offering an end to end solution for all business communications needs.

For more information on the Group please visit www.daisygroupplc.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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