THE MARKETING GROUP PLC: Appointment of New Executive Chairman
LONDON: 12 March 2019 – The Marketing Group plc (the “Company” or the “Group”), which trades as RYVL, announces that following the completion of the acquisition of Blockchain Nordic, Jesper Ohlenschlaeger has been appointed as the Company’s Executive Chairman and Interim Chief Executive Officer with immediate effect. Jesper Ohlenschlaeger replaces Adam Graham who has resigned from the Board to pursue other business opportunities.
Jesper Ohlenschlaeger is a serial entrepreneur with achievements in private equity environments and a variety of sectors, having started over 20 companies in the last 25 years. He holds considerable international experience, having lived and worked in a number of countries, as well as internationalising domestic companies. He has expertise in business strategy, turnaround, M&A and the achievement of profitable growth and value for investors. A lawyer by education, he has worked exclusively within the blockchain industry since 2017, including as Chief Executive Officer of Blockchain Nordic.
Following this change the Board of the Company will comprise Jesper Ohlenschlaeger (Executive Chairman and Interim Chief Executive Officer), Nic Hellyer (Non-Executive Director) and Sean Gogarty (Non-Executive Director). It is the Board’s intention to split the roles of Chairman and Chief Executive Officer, through the appointment of a new Chief Executive Officer, in due course.
Adam Graham, commented: "Having now completed the acquisition of Blockchain Nordic, I am confident that Jesper’s vision and experience will take the Group into its next stage of development.
“I would like to thank shareholders for their support and wish the Group every success in the future.”
Jesper Ohlenschlaeger, Executive Chairman, commented: “I am delighted to have been appointed as the Company’s new Executive Chairman to lead the Group in its next stage of development. I would like to thank Adam Graham for his contribution and wish him well with his future endeavors.
“We have seen an explosion in the blockchain industry over the last two years and I believe the Group is very well positioned to continue to be a leading company in the blockchain space in the northern part of Europe and to expand our activities into Asia and America. I look forward to the future with confidence as we strive to deliver exceptional growth.”
The Marketing Group Plc (Ticker: TMG.ST) is listed on Nasdaq First North, Stockholm www.RYVL.com.
Mangold Fondkommission AB, +46 8-5030 15 50, is the Company’s Certified Adviser and liquidity provider.
They may be contacted on email at email@example.com
Phone: +44 (0) 203 934 6630