Pebble Beach Systems Group PLC Appointment of Chief Finance Officer
RNS Number : 8688A
Pebble Beach Systems Group PLC
05 October 2020
Pebble Beach Systems Group plc
Appointment of Chief Finance Officer
Pebble Beach Systems Group plc, a leading global software
business specialising in playout automation and content management
solutions for the broadcast and streaming service markets, is
delighted to announce that David Dewhurst will join the Board as
Chief Finance Officer with immediate effect.
David spent a large part of his career, from 1999 to 2013, as
Group Finance Director with Next Fifteen Communications Group plc,
an AIM listed international digital marketing group which, during
his tenure, grew from GBP23 million to GBP100 million in revenues.
David played a vital role in the growth of the business both
organically and through M&A, supporting its international
expansion in Europe, Asia and North America.
From 2014 to 2018 David was Chief Financial Officer of PTS
Consulting Group Ltd, a VC-backed IT consulting business with
revenues of c.GBP42 million. There, he helped turn the business
around with a GBP1.5 million improvement in EBITDA.
Most recently, David has been Group Finance Director to Smyle
Creative Group Ltd, a PE-backed creative events business with GBP27
million revenue, later transitioning to board consultant. Here
David secured GBP1 million in new funding to complete vital
infrastructure investments critical to long term growth, and
generated GBP1 million in cash by streamlining working capital
Pebble Beach Systems Group CEO, Peter Mayhead commented "I am
excited to work with David on shaping our M&A strategy and
further cementing the Group's strong position on the market".
Commenting on David's appointment, John Varney, Non-Executive
Chairman said, "David's contribution to the Board's forward
planning, securing investment and integrating acquisitions will be
invaluable to the Group going forward as we continue to execute our
strategy to drive growth and efficiencies".
The following information regarding the appointment of David
Mark Dewhurst (aged 57) is required to be disclosed under Schedule
2(g) of the AIM Rules for Companies:
Current directorships Former directorships and/or partnerships
and/or partnerships (within the last five years)
N/A Smyle Creative Group Limited
Smyle Creative Limited
PTS Consulting Group Limited
Partnership Education Limited
PTS Consulting (UK) Limited
PTS Consulting Partners LLP
PTS Resourcing LLP
There are no further disclosures to be made under Schedule 2(g)
of the AIM Rules for Companies.
The information communicated in this announcement is inside
information for the purposes of Article 7 of EU Regulation
For further information please contact:
+44 (0) 75 55 59
Peter Mayhead- Chief Executive 36 02
finnCap (Nominated Adviser and Broker )
Marc Milmo / Teddy Whiley - Corporate Finance +44 (0) 207 220 0500
Tim Redfern - ECM
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(END) Dow Jones Newswires
October 05, 2020 02:00 ET (06:00 GMT)