Narf Industries PLC Directorate Change (1476X)
24 4월 2023 - 3:00PM
UK Regulatory
TIDMNARF
RNS Number : 1476X
Narf Industries PLC
24 April 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS
ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION
IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
24 April 2023
NARF INDUSTRIES PLC
APPOINTMENT OF EXECUTIVE CHAIRMAN
Narf Industries plc ("Narf", the "Company", or the "Group"),
(LSE: 'NARF')(OTCQB: NFIN.F) the cybersecurity group specialising
in high-end threat intelligence and critical infrastructure
security is pleased to announce the appointment of John Herring as
Executive Chairman of the Group with immediate effect.
Executive Role
John has served as Independent Non-Executive Director of Narf
Industries plc since its founding and now assumes the full-time
role of Group Executive Chairman.
John brings multi-decade executive and board experience in
building high growth tech companies. He offers strategic and
practical operational experience specific to NARF's mission
informed by a career that spans military service and work in the
national security sector, including multi-year involvement as CEO
of an In-Q-Tel (the investment arm of the US CIA) portfolio
company, iMove, Inc. John's corporate finance experience includes
venture, private equity and public market financings as well as buy
and sell-side M&A transactions. John is Co-Founder of Corstone
Capital, a private equity firm founded in 1991, where he's served
as both CEO and Managing Director since its inception.
John Herring's appointment as Executive Chairman of Narf sees
Robert Mitchell stepping down as Chairman. The Board would like to
thank Bob for his time with the Company helping with the admission
to trading on the LSE and steering the Company through to the
acquisition of Narf.
Steve Bassi, NARF Founder and CEO said , "We are experiencing
record growth in our core national security R&D and United
States government business. We are pleased to have someone with
John's experience work actively with me and the team during this
exciting time advancing Narf's corporate development."
John Herring said , "My role is to accelerate the team's vision
by bringing a deep network of relationships to fast-track the
Company's corporate development. This includes sourcing Board and
team members that bring rapid growth public company governance
experience and domain informed strategies to our commercialization
initiatives. I look forward to working closely with Steve and his
team as we build on our growth to date."
ENDS
For further information on the Group please visit
www.narfgroup.com or contact:
John Herring NARF jh@narfgroup.com
Catherine Leftley/Paul St Brides Partners narf@stbridespartners.co.uk
Dulieu/Isabel de Salis
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Peter Krens Tennyson Securities Tel: +44 (0)207 186 9030
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About NARF Industries plc
Narf Industries (LSE: NARF)(OTCQB: NFIN.F) is a US based cyber
security group specialising in high-end threat intelligence with a
focus on critical infrastructure. The Group leads commissioned
cyber security R&D and is commercialising a portfolio of
products including TIGR that can be used by utilities and cyber
first responders to restore power to electric grids and protecting
other key infrastructure that have suffered a cyber-attack. The
Group aims to further strengthen its portfolio organically and via
acquisition; its team of highly qualified cyber security experts is
well placed to identify opportunities.
Important notice
The content of this announcement has not been approved by an
authorised person within the meaning of the Financial Services and
Markets Act 2000 (FSMA). This announcement has been issued by and
is the sole responsibility of the Company. The information in this
announcement is subject to change. This announcement is not an
offer of securities for sale into the United States. The securities
referred to herein have not been and will not be registered under
the U.S. Securities Act of 1933, as amended (the Securities Act),
and may not be offered or sold, directly or indirectly, in or into
the United States, except pursuant to an applicable exemption from
registration. No public offering of securities is being made in the
United States. This announcement is not for release, publication or
distribution, directly or indirectly, in or into the United States,
Australia, Canada, the Republic of South Africa, Japan or any
jurisdiction where to do so might constitute a violation of local
securities laws or regulations (a Prohibited Jurisdiction). This
announcement and the information contained herein are not for
release, publication or distribution, directly or indirectly, to
persons in a Prohibited Jurisdiction unless permitted pursuant to
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END
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