6 September 2021
("Checkit" or the "Group")
The board of directors of Checkit plc (the "Board") announces that Aylsa Muir, Chief Financial Officer, has stepped down from the Board to pursue opportunities outside the Group. Greg Price, previously Director of Finance at Checkit, will replace Aylsa Muir and has been appointed as Chief Financial Officer with immediate effect.
Greg has over 20 years of finance experience, with a track record of driving change and delivering results. After qualifying as a Chartered Accountant in 2001, Greg spent 10 years at Diageo, working in finance roles of increasing responsibility in the UK and USA, culminating in the position of financial controller for their UK business.
Greg has spent the last 10 years in senior finance roles in technology and aviation businesses, with a focus on cash management and strategic planning. Greg is passionate about developing businesses and their finance teams to achieve their potential and enable growth.
Since joining Checkit, as well as his finance responsibilities, Greg has been leading the Group's digital transformation programme, which will deliver an enhanced customer experience and increased revenue generation and efficiency for Checkit.
Kit Kyte, Chief Executive Officer at Checkit commented: "I want to thank Aylsa for her valuable contribution over the last 12 months and I am delighted that we have been able to promote an internal candidate into such an important role. I have personally worked with Greg over the past 7 months, and he has proven to be consistently reliable and has a great track record of delivering under pressure. I have no doubt that he will be able to build on the work that Aylsa has started and that he will hit the ground running."
Additional information in respect of the AIM Rules
The following information regarding the appointment of Gregory Laurence Price, aged 45, is disclosed under Schedule 2(g) of the AIM Rules for Companies:
Previous Directorships (within the last five years)
Riverside Business Consulting Limited
AA Financial Services Limited
Accident Assistance Services Limited
Breakdown Hero Limited
As at the date of this announcement, Greg Price does not hold any ordinary shares in the Company but does hold 100,000 options over ordinary shares in the Company.
Save as set out above there are no further disclosures pursuant to Rule 17 or Schedule 2(g) of the AIM Rules for Companies in respect of the appointment of Greg Price.
+44 (0)1223 643313
Kit Kyte (Chief Executive Officer)
Singer Capital Markets (Nominated Adviser & Broker)
+44 (0) 20 7496 3000
Shaun Dobson / George Tzimas (Corporate Finance)
Rachel Hayes (Corporate Broking)