Matchtech Group Rebrands to Gattaca

Matchtech Group Rebrands to Gattaca

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18 July 2016

International recruitment firm, Matchtech Group, today announces that it will be rebranded, changing its name to Gattaca.

The name change is the next step in the Groupís development, following a successful year which included the acquisition of international recruitment firm Networkers International.

The change follows extensive research conducted by the company amongst its employees, candidates, and current and potential clients into their view of the constituent brands that make up the enlarged Group. Research showed that the Group brand (Matchtech Group plc) and the operating engineering brand (Matchtech) sharing the same name could be a source of confusion. For this reason the name of the Group will change to Gattaca and the structure will be simplified.

The company will continue to trade through its core brands Matchtech and Networkers. Matchtech will be retained as the core engineering recruitment specialist but will incorporate the engineering division of Networkers International. Cappo will continue to provide oil & gas recruitment services in international markets, and will be associated with the lead engineering brand, Matchtech. Networkers will be the lead Technology recruitment specialist and will incorporate Matchtech Groupís IT brand, Connectus. Provanis will continue to operate in the Oracle market sector and will be associated with the lead technology brand, Networkers.  

At Group level, Gattaca will support the delivery capability of the specialist brands by providing the infrastructure, governance and international reach.  

A shareholder circular convening notice of a meeting of shareholders is expected to be despatched shortly. Assuming the necessary shareholder approvals are obtained, it is expected that the Matchtech Group plc name change will become effective in September 2016 and that trading in the groupís shares will be conducted under the new name of Gattaca plc. The new ticker will be GATC.L.

Commenting, Brian Wilkinson, Group Chief Executive, said: "This is an important step in the evolution of our company. As Gattaca, we have a strong, integrated Group identity, capable of offering clients end-to-end recruitment solutions. Importantly however, we will retain and grow the established and specialist Matchtech and Networkers brands, both of which are leading players in their respective engineering and technology fields.
"These sectors are vital to the future growth of the global economy, with continuing high demand across many skills sets, many of which have supply side shortages. As connectivity becomes ubiquitous and industries converge our new structure puts us in a unique position to support our customers across a range of emerging niche skills, converging technologies and diverse geographies.Ē