TIDMAFRN

RNS Number : 8730K

Aferian PLC

31 August 2023

31 August 2023

AFERIAN PLC

("Aferian", the "Company" or the "Group")

Appointment of Non-Executive Director

Aferian plc (LSE AIM: AFRN), the B2B video streaming solutions company, is pleased to announce the appointment of Allen Broome to the Board as a Non-Executive Director, with immediate effect.

Allen is a technical leader with a proven track record of delivering innovative, reliable, scalable products and services. He is currently Chief Executive Officer at MediaKind, a leading provider of global media technology, having led its research and development organisation for two years as Chief Technology Officer. Allen has been at the forefront of pivotal technology change in the media industry for over 25 years, pioneering major transformations including VoIP, IP Video, Streaming Media and Cloud.

Since joining MediaKind in October 2019, Allen has helped advance the company's teams in the industrialisation of broadcast-quality internet streaming and reshaped its portfolio to enable full-service solutions. Under his technology leadership, MediaKind's 11-time Emmy-winning Engineering team has successfully broken down the barriers of live video delivery.

Mark Wells, Non-Executive Chairman of Aferian, said: "On behalf of the Board and our Aferian team, I would like to welcome Allen to the business. With a background in software development and having led pivotal technological change in the media industry, Allen brings strong experience to the Board. We welcome Allen's additional technical leadership and mentoring to Aferian which will be hugely valuable as we continue in our strategic transition toward a software and services product-led business."

Additional information

The following information is being disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

Gregory Allen Broome (49 years old) has been a director or partner of the following companies during the five years preceding the date of the announcement:

 
 Current directorships and/or   Past directorships and/or partnerships 
  partnerships 
-----------------------------  --------------------------------------- 
 Mediakind Inc                  Big Hope LLC 
 MK Systems USA Inc

For further information please contact:

 
Aferian plc                                     +44 (0)1223 598197 
Donald McGarva, Chief Executive Officer 
Mark Carlisle, Chief Financial Officer 
 
                                                +44 (0)20 7597 
Investec plc (NOMAD and Broker)                  5970 
David Anderson / Patrick Robb / Nick Prowting 
 / Cameron MacRitchie 
 
                                                +44 (0)20 3727 
FTI Consulting LLP (Financial communications)    1000 
Matt Dixon / Emma Hall / Tom Blundell / Aisha 
 Hamilton

About Aferian plc

Aferian plc (AIM: AFRN) is a B2B video streaming solutions company. Our end-to-end solutions bring live and on-demand video to every kind of screen. We create the forward-thinking solutions that our customers need to drive subscriber engagement, audience satisfaction, and revenue growth.

It is our belief that successful media companies and services will be those that are most consumer-centric, data driven and flexible to change. We focus on innovating technologies that enable our customers stay ahead of evolving viewer demand by providing smarter, more cost-effective ways of delivering end-to-end modern TV and video experiences to consumers. By anticipating technological and behavioural audience trends, our software solutions empower our customers to heighten viewer enjoyment, drive growth in audience share and ultimately, their profitability.

Aferian plc has two operating companies: 24i, which focusses on streaming video experiences, and Amino, which connects Pay TV to streaming services. Our two complementary companies combine their products and services to create solutions which ensure that people can consume TV and video how and when they want it. Our solutions deliver modern TV and video experiences every day to millions of viewers globally, via our growing global customer base of over 500 service providers.

Aferian plc is traded on the London Stock Exchange Alternative Investment Market (AIM: symbol AFRN). Headquartered in Cambridge, UK, the company has over 225 staff located in 11 offices, including major European cities as Amsterdam, Helsinki, Copenhagen, and Brno, as well as in San Francisco and Hong Kong. For more information, please visit www.aferian.com

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END

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August 31, 2023 02:01 ET (06:01 GMT)

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