SafeCharge names Tsach Einav as CFO

Einav, aged 43, joined SafeCharge in 2006 and has played a key role in SafeCharge's corporate development as well as in the Group's admission to AIM in April 2014, alongside CEO David Avgi. In his current management role, Tsach is General Manager of the SafeCharge group's Israeli subsidiary. He is a certified public accountant and he holds a BA in Economics and Accounting and MA in Economics.

Tim Mickley, Chief Financial Officer, has given notice of his intention to step down from the Board and will be leaving the Company on 1 September 2017 to pursue new entrepreneurial opportunities. Until his departure, Tim will remain with the company to ensure an orderly transition.

Commenting on the appointment, SafeCharge's Chairman, Roger Withers, said, "I am delighted that Tsach is joining the SafeCharge Board at this important time in the Company's development. He has considerable experience within SafeCharge's business, strong financial expertise and has been integral to the Group's successful operations over many years. He has worked closely with Tim during this time and therefore we are confident of a smooth transition."

"On behalf of the Board, I would like to thank Tim for his important contribution to SafeCharge and for supporting the Company through its first three years as a public company; a period in which we have seen the company develop significantly and revenues treble. We wish him well in his future."