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Appointment of Chief Financial Officer

RNS Number : 4119S
Eleco PLC
14 July 2022

14 July 2022

Eleco Plc


(“Eleco”, “Group” or the “Company”)


Appointment of Chief Financial Officer


The Board of Eleco plc (AIM: ELCO), the AIM-listed construction software specialist, is pleased to announce the appointment of Neil Pritchard as Chief Financial Officer (CFO) and to the Board in October 2022.


Neil Pritchard shall join from Corero Network Security plc, a global leader in real-time, high-performance, automatic DDoS cyber defence solutions. Neil has previously been Group Financial Director at London listed technology business CML Microsystems plc Group and, prior to this, Finance Director of the UK and Eire division of the DAX-listed group Continental AG. Neil also held senior financial positions with quoted companies Delta plc Group, now Valmont Industries, and Yule Catto & Co plc, renamed to Synthomer plc Group.  He is a qualified chartered accountant, holding an FCA, having spent six years with KPMG London in audit, treasury and forensic transaction service roles. He holds an Economics and Politics degree from the University of Bath, UK.



Jonathan Hunter, Chief Executive Officer of Eleco plc said,


“We are delighted to welcome Neil Pritchard to the Board of Eleco. Neil’s substantial international public company experience in technology driven businesses will be valuable to us as we focus on continued and sustainable growth, both from organic and inorganic sources. We look forward to him joining the Eleco team and benefitting from his excellent skills and experience.


I would like to thank Rose Clark for the contribution she continues to make as Interim CFO.”


The following information on Neil Bartley Pritchard, aged 50, is provided in accordance with Rule 17 and Schedule 2, Paragraph (g) of the AIM Rules for Companies:


Mr. Pritchard holds or has held the following directorships/partnerships in the past five years:


Current Directorships/Partnerships

Former Directorships/Partnerships

(past five years)


Corero Network Security plc

CML Microsystems Plc

The Magic Circle Foundation Limited

Applied Technology Limited

Corero Network Security (UK) Limited

CML Microcircuits Limited

Corero Group Services Limited

Applied Technology (U.K.) Limited

Integrated Micro Systems Limited

Consumer Microcircuits Limited

CML Microcircuits (UK) Limited

Shanghai Futiake Investment Consulting Co., Ltd

Wuxi Sicomm Communications Technologies, Inc.

Wuxi Shilian Communication Technologies Co., Inc.

CML Microcircuits (Singapore) Pte Ltd

Hyperstone GmbH

CML Microsystems, Inc.

MX-COM, Inc.

CML Microcircuits (USA), Inc.

Hyperstone, Inc.

Hyperstone Asia Pacific Ltd


There is no further information to be disclosed pursuant to Schedule 2, Paragraph (g) of the AIM Rules for Companies. A further announcement will be made with regards to the timing of Mr. Pritchard’s appointment to the Board in due course.




Eleco plc

+44 (0)20 7422 8000

Jonathan Hunter, Chief Executive Officer

finnCap Limited

+44 (0)20 7220 0500

Geoff Nash / Kate Bannatyne / James Balicki (Corporate Finance)

Richard Chambers / Charlotte Sutcliffe (ECM)

SEC Newgate UK

+44 (0)20 3757 6882

Elisabeth Cowell / Bob Huxford / Isabelle Smurfit


About Eleco plc

Eleco plc is an AIM-listed (AIM: ELCO) specialist international provider of software and related services to the Architectural, Engineering, Construction and Owner/Operator (AECO) industries and interior furnishing industries from centres of excellence in the UK, Sweden, Germany and the Netherlands.

The Company’s market-leading Elecosoft software solutions are developed by teams in the United Kingdom, Sweden and Germany, and its solutions cover project management, estimating, timber engineering, CAD and visualisation, asset and facility management and cloud-based digital marketing solutions.

For further information please visit



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