MapsPeople appoint Jesper Tidemand as new CFO

MapsPeople A/S | Changes board/management/certified advisors

Company Announcement No.  12-2023

Aalborg, April 21, 2023

Today, MapsPeople announces the appointment of Jesper Tidemand as new CFO.

MapsPeople today announces it has appointed Jesper Tidemand as the company's new CFO as of June 1, 2023.

In MapsPeople Jesper Tidemand will assume leadership of the financial team and lead the continuous improvement of cross functional processes that will pave the way for profitable growth with high predictability.

MapsPeople CEO Morten Brøgger said:

Jesper will play an important role in MapsPeoples next growth phase ensuring our timely and accurate reporting is in compliance. With Jesper in the CFO seat we will be revisiting our business processes to better support profitable growth and more internationalization. Jesper's experience from SaaS growth companies is a clear asset when it comes to ensuring the next level of MapsPeoples data driven growth culture across all functions. 

I would also like to thank Janni B. Rasmussen for all her work at MapsPeople and the results so far, including taking the company public and building a strong team around her.

Jesper Tidemand holds a Masters in Business Administration and Auditing and after 4 years at Deloitte and PWC Jesper has held management positions in Falck and last as CFO from the SaaS startup AskCody.

Commenting on the new role Jesper Tidemand said:

I have followed MapsPeoples impressive growth journey the last couple of years including the IPO on Nasdaq First North Premier. In my perspective the MapsPeople platform has a very large international perspective in a market with high growth rates, combined with an efficient International Go-to-Market strategy. I am excited to join a team of skilled and dedicated professionals who have built the MapsPeople we know today, and to contribute to taking MapsPeople to the next level.

MapsPeople A/S

 

FURTHER INFORMATION

MapsPeople A/S

Morten Brøgger, CEO 

Mobile (+45) 31 23 48 72 

Email [email protected]  

Stigsborgvej 60, 9400 Nørresundby 

Denmark

Certified Advisor

Grant Thornton

Stockholmsgade 45 

2100 Copenhagen Ø

Denmark

IMPORTANT INFORMATION

This announcement is not an offer to sell or a solicitation of any offer to buy any securities issued by MapsPeople in any jurisdiction where such offer or sale would be unlawful and the announcement and the information contained herein are not for distribution or release, directly or indirectly, in or into such jurisdictions, including but not limited to, the United States, Australia, Canada or Japan.

This announcement does not constitute an offering circular, company description or other offer document and nothing herein contains an offering of securities. No one should purchase or subscribe for any securities in MapsPeople except as described in this company announcement.

Neither the existing shares of MapsPeople (the "Existing Shares") nor the New Shares have been, or will be, registered under the United States Securities Act of 1933, as amended ("Securities Act"). Neither the Existing Shares nor the New Shares may be offered or sold, directly or indirectly, in or into the United States or to persons residing there. Moreover, the Private Placement is not made to persons resident in Australia, Hong Kong, Japan, Canada, New Zealand, South Africa, Switzerland, or Singapore or to persons whose participation would require the publication of a prospectus, registration or other measures.

Certain statements in this announcement constitute forward-looking statements. Forward-looking statements are statements (other than statements of historical fact) relating to future events and the Company's anticipated or planned financial and operational performance. The words "targets", "believes", "expects", "aims", "intends", "plans", "seeks", "will", "may", "might", "anticipates", "would", "could", "should", "continues", "estimates" or similar expressions or the negative forms thereof, identify certain of these forward-looking statements. Other forward-looking statements can be identified in the context in which the statements are made. MapsPeople has based these forward-looking statements on its current views with respect to future events and financial performance. By their nature, forward-looking statements are based on certain assumptions and projections on future events and financial performance, which involve a number of risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. Actual results are likely to differ from those set forth in the forward-looking statements. Any forward-looking statements speak only as at the date of this document and neither the Company nor any of its respective affiliates, directors, officers, employees, advisors, or any other person is under any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not and may not rely on these forward-looking statements.

Source: MapsPeople

Tag: MapsPeople-Company-Announcements