DEV Dev Clever Holdings Plc

TIDMDEV

RNS Number : 5128Z

Dev Clever Holdings PLC

15 September 2022

Dev Clever Holdings plc

("Dev Clever", the "Group" or the "Company")

Board Appointment

Dev Clever (LSE: DEV), a leading developer of online and immersive career guidance, learning and development platforms, is pleased to announce that Truett Tate will be joining the Board as an Independent Non-Executive Director and Chairman of the Audit Committee with immediate effect. He will also be a member of the Remuneration Committee.

Truett has had a distinguished and global career spanning five decades in predominantly banking and finance in highly regulated international environments.

He has served on the Boards of Lloyds Banking Group PLC and was Chairman of Lloyds Development Capital (LDC). He most recently retired as Chairman of QBE NA - the insurance conglomerate and

was previously CEO, at the Australia New Zealand Banking Group (ANZB) for North America, Europe, Japan and Korea.

He currently serves as Chairman of Reference Point (Management Consultancy), The Ellig Group (Executive Search), Thinkably (Edtech) and TLC Lions (Corporate Culture Consultancy), as well as other academic, association and charitable institutions. Previously, he served with a number of large international businesses including as Chairman of Arora International, the UK-based hotel and property Group and Board Member of Towergate and Virgin Group.

Truett additionally holds positions on the Boards of several not-for-profit organisations / charities.

Chris Jeffries, Joint Chief Executive Officer and Executive Chairman of Dev Clever, commented:

"Truett brings a very significant depth of Board level expertise in running, directing and chairing multinational corporations. He also has a passion for the EdTech space. We are very pleased to be welcoming him to the Board of Dev Clever and look forward greatly to his support and guidance as we continue to roll our products and services internationally."

Truett Tate added:

"Supporting young people in their education, and how that education impacts career selection, is something that I maintain a deep passion for. Dev Clever supports the world's youth in achieving just that. It is committed to innovation and technology and I am deeply impressed with the progress it has made to date. I am looking forward to joining the Board and supporting the sustained progress of the business."

For more information:

 
Dev Clever Holdings plc 
 Christopher Jeffries 
 Joint Chief Executive 
 Officer and Executive Chairman 
 
 Ankur Aggarwal 
 Joint Chief Executive 
 Officer 
 
 Nicholas Ydlibi 
 Chief Financial Officer          +44 (0) 1827 930 408 
 
Novum Securities Limited 
 - Financial Adviser & Joint 
 Broker 
 Colin Rowbury 
 David Coffman                    +44 (0) 20 7399 9400 
 
finnCap Limited - Joint 
 Broker 
 Jonny Franklin-Adams / 
 Abigail Kelly / George 
 Dollemore (Corporate Finance) 
 Richard Chambers / Harriet 
 Ward (ECM)                       +44 (0) 20 7220 0500 
 
Buchanan Communications 
 Chris Lane / Kim van Beeck 
 / Toto Berger                    +44 (0) 207 466 5105 
 

-ENDS-

Notes to Editors:

About Dev Clever

Dev Clever Holdings plc, together with its wholly owned subsidiaries, is a software and technology group based in Stafford, United Kingdom, and Noida, India, specialising in the use of lightweight integrations of cloud-based VR and gamification technologies to deliver rich customer engagement experiences across both the education and commercial sectors. In January 2019, Dev Clever listed on the Standard List of the London Stock Exchange. The Group's core focus is the development and commercialisation of its core Educate platforms.

Dev Clever aims to reduce the global skills shortage by delivering an enhanced careers guidance service via its online platforms, Launchmycareer.com and Launchyourcareer.com, and virtual reality software (Victar VR). The business has established a global partnership with Lenovo to roll out its service worldwide, with offerings already on the market in the UK, US, and Canada. Dev Clever is also focused on the Indian market and has partnered with the National Independent Schools Alliance (NISA) to provide a comprehensive service offering within Indian budget private schools. Through this, the business has been developing and has launched a direct-to-consumer offering in India.

For further information, please visit www.devcleverholdingsplc.com

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END

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