REG - Kainos Group plc - Board and Board Committee Changes

KainosAnnouncement

20/05/2024 07:15

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RNS Number : 0030P  Kainos Group plc  20 May 2024

20 May 2024

 

Kainos Group plc

("Kainos" or the "Company")

 

Board and Board Committee Changes

Kainos Group plc (KNOS), a UK-headquartered provider of sophisticated IT
services with expertise across three divisions: Digital Services, Workday
Services, and Workday Products, today announces the following Board and Board
Committee changes:

-     Tom Burnet, Independent Non-Executive Director, Board Chair and
Chair of the Nominations Committee, will complete his term on the Board
following the Company's Annual General Meeting on 24 September 2024.

-     Andy Malpass, Independent Non-Executive Director, Senior Independent
Director and Chair of the Audit Committee will complete his term on the Board
after the Company's Annual General Meeting on 24 September 2024. Andy will
step down as Chair of the Audit Committee with effect from 01 June 2024 but
will remain a member of the Audit Committee until the conclusion of the
Company's Annual General Meeting on 24 September 2024.

-     Rosaleen Blair, Independent Non-Executive Director, member of the
Nominations Committee, member of the Audit Committee and member of the
Remuneration Committee will succeed Tom as the new Board Chair and Chair of
the Nominations Committee, with effect from the conclusion of the Company's
Annual General Meeting on 24 September 2024. At this time, in compliance with
the Corporate Governance Code, Rosaleen will step down as a member of the
Audit Committee.

-     James Kidd Independent Non-Executive Director, member of the Audit
Committee and member of the Remuneration Committee will assume the role of
Chair of the Audit Committee with effect from 01 June 2024 and with effect
from the conclusion of the Company's Annual General Meeting on 24 September
2024will assume the role of Senior Independent Director, succeeding Andy and
will become a member of the Nominations Committee

Russell Sloan, CEO commented on the changes:

"Our AGM later this year will mark the completion of Tom and Andy's term on
our Board.  Tom and Andy were both appointed Non-Executive Directors at our
IPO in 2015 and over the past nine years have been instrumental in
establishing Kainos as a leading public company.

We are incredibly grateful for the energy, insight and guidance that Tom and
Andy brought to the business during their time on our Board.

We are delighted that Rosaleen will be assuming the position of Board Chair
and James' market experience makes him ideally placed for the role of Senior
Independent Director."

This notification is made pursuant to Listing Rule 9.6.11.

Kainos Group plc Legal Entity Identifier: 213800H2PQMIF3OVZY47

Regulated Information Classification: 3.1 - Additional regulated information.

 

Ends

 

For further information, please contact:

 

Kainos
via FTI Consulting LLP

Russell Sloan, Chief Executive Officer

Richard McCann, Chief Financial Officer

 

Investec Bank
plc
+44 20 7597 5970

Patrick Robb / Ben Griffiths / Nick Prowting

 

FTI Consulting
LLP
+44 20 3727 1000

Dwight Burden / Kwaku Aning / Usama Ali

 

About Kainos

Kainos Group plc is a UK-headquartered provider of sophisticated IT services
to major public sector, commercial and healthcare customers.  Our expertise
spans three divisions:  Digital Services, Workday Services, and Workday
Products.

 

Digital Services: We develop and support custom digital service platforms that
transform service delivery in public, commercial, and healthcare sectors. Our
solutions ensure security, accessibility, cost-effectiveness, and improved
user outcomes.

 

Workday Services: Specialising in deploying Workday, Inc.'s Finance, HR, and
Planning products, we are a respected partner in Europe and North America.
Experienced in complex deployments, we are trusted to launch, test, expand,
and support Workday systems.

 

Workday Products: Our established product suite, incorporating Smart Test,
Smart Audit, and Smart Shield, complements Workday by enhancing system
security and compliance. Our Employee Document Management product, launched in
October 2023, improves document generation and storage within Workday while
supporting global compliance requirements. Over 450 global customers use one
or more of our products.

 

Our people are central to our success. We have more than 2,900 people in 23
countries across Europe, Asia, and the Americas.

 

We are listed on the London Stock Exchange (LSE: KNOS) and you can discover
more about us at www.kainos.com
(https://eur01.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.kainos.com%2F&data=05%7C02%7CG.Poole%40kainos.com%7C99267121c31a49c8927908dc710fce0f%7C7ed9bdc7964d4dc09084812b90e05c6d%7C0%7C0%7C638509559890524754%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C0%7C%7C%7C&sdata=HjbxpvmkdkY3EZWLoWMCMMrpxWfrEJkj6Rwmjx3luE4%3D&reserved=0)
.

 

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