Business
Retirement of Chair and Board appointments
Bytes Technology Group plc announced that its Chair, Patrick De Smedt, will retire by 30 September 2026, after serving since the company's 2020 listing. Gavin Rochussen will join as an independent Non-Executive Director and Chair-designate on 10 July 2026, bringing extensive leadership experience from roles at Polar Capital Holdings plc and J O Hambro Capital Management. Tapiwa Ngara will also join the board as a Non-Executive Director on 10 July 2026, bringing capital allocation and institutional shareholder experience from his role at Value Capital Partners and previous positions at Goldman Sachs and Vivo Energy plc. Disclaimer*
About this update from Bytes Technology Group Plc
This announcement contains inside information, as defined in the UK version of the Market Abuse Regulation (EU) No.596/2014, which is part of English law by virtue of the European Union (Withdrawal) Act 2018. 1 July 2026 Bytes Technology Group plc ("BTG" or "the Company") Retirement of Chair and Board appointments Retirement of Chair Bytes Technology Group plc, one of the UK and Ireland's leading software, security, AI and cloud services specialists, announces that Patrick De Smedt intends to step down from his role as Chair of the Board by 30 September 2026, allowing an orderly transition to the new Chair. Patrick has served as Chair since the Company's listing in 2020 and wishes to devote more time to other professional and personal interests. Board appointments The Board is pleased to announce the appointment of Gavin Rochussen as an independent Non-Executive Director and Chair-designate, with effect from 10 July 2026. He will become Chair upon Patrick's retirement from the Board. A further announcement will be made in due course to confirm the date on which Gavin will transition into the role of Chair. The Board is also pleased to announce the appointment of Tapiwa Ngara as a Non-Executive Director, with effect from 10 July 2026. Appointment of independent Non-Executive Director and Chair-designate Gavin brings over three decades' leadership experience, including as Chief Executive Officer ("CEO") of Polar Capital Holdings plc ("Polar Capital"), the London-listed specialist asset manager, where he led a period of disciplined growth, strategic realignment and international expansion. Gavin ensured the measured evolution of a successful founder-led organisation through a strategy of 'growth with diversification', delivering strong and sustained shareholder value creation at Polar Capital. He also served as CEO of J O Hambro Capital Management and Group CEO of Fleming Family & Partners, one of Europe's leading multi-family office platforms. Gavin has a strong record of engaging with institutional shareholders, boards and capital markets participants across the UK and internationally. Upon appointment, Gavin will serve as a member of the BTG Nomination, Remuneration and ESG Committees. Following Patrick's retirement from the Board, Gavin will succeed Patrick as Chair of...
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