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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Intelligent Ultrasound Group plc    MED   GB00BN791Q39

INTELLIGENT ULTRASOUND GROUP PLC

(MED)
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Medaphor : Director Appointment

10/30/2017 | 10:23am EST

MedaPhor Group plc (AIM: MED), the intelligent ultrasound software and simulation company, announces the appointment of Andrew Charles Barker as a Non-Executive Director effective immediately. Upon joining, Andrew will succeed David Baynes as Chairman of the Remuneration Committee, while David will retain the Chairmanship of the Company's Audit Committee.

Andrew, 59, has over 30 years' experience in senior management of technology and software businesses and in venture capital, having been involved in the early stages of internet computing with Sun Microsystems in Silicon Valley, later going on to help build Intel's venture arm in the UK.

He is an experienced NED and investor in early stage companies with disruptive technology. His portfolio has a med-tech focus and, in addition to his position as a Director of Intelligent Ultrasound Limited (acquired by MedaPhor on 6 October 2017, RNS number: 8775S), Andrew is the Chairman of Brainomix, a University of Oxford medical imaging spin out and a Partner of Anchard Associates LLP.

Riccardo Pigliucci, Chairman of MedaPhor, said: 'I am very pleased to welcome Andrew to the Board. In addition to bringing a wealth of relevant experience, his appointment highlights the importance of Intelligent Ultrasound to the enlarged group and will facilitate its integration into MedaPhor.'

Other than that set out above, there are no other matters that are required to be disclosed under Schedule 2 paragraph (g) of the AIM Rules in relation to the appointment of Mr. Barker.

MedaPhor Group plc published this content on 30 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 October 2017 15:22:05 UTC.


© Publicnow 2017
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Financials
Sales 2019 5,92 M 8,12 M 8,12 M
Net income 2019 -4,22 M -5,80 M -5,80 M
Net cash 2019 7,22 M 9,91 M 9,91 M
P/E ratio 2019 -4,23x
Yield 2019 -
Capitalization 37,7 M 51,8 M 51,8 M
EV / Sales 2018 1,23x
EV / Sales 2019 2,50x
Nbr of Employees 45
Free-Float 78,2%
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Managers and Directors
NameTitle
Stuart Arthur Gall Chief Executive Officer & Executive Director
Riccardo Pigliucci Non-Executive Chairman
Ian George Whittaker Chief Operating Officer & Executive Director
Helen Mary Kinsey Jones Group Finance Director & Director
Nicholas Sleep Executive Director & Chief Technology Officer