May 24 (Reuters) - NCC Group PLC ::DISPOSAL.SALE OF ITS SOFTWARE TESTING BUSINESS TO QUALITEST GROUP, A PORTFOLIO COMPANY OF MARLIN EQUITY PARTNERS.COMPLETED SALE OF SOFTWARE TESTING BUSINESS TO QUALITEST GROUP FOR IMMEDIATE CASH CONSIDERATION OF £3.6M ON A CASH AND DEBT FREE BASIS.
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Nov 29 (Reuters) - NCC GROUP PLC ::NCC GROUP CHIEF EXECUTIVE APPOINTMENT.SAYS APPOINTMENT OF ADAM PALSER AS CHIEF EXECUTIVE OFFICER.SAYS PALSER WILL JOIN GROUP ON 1 ST DECEMBER 2017.SAYS PALSER WAS PREVIOUSLY CEO OF NSL LTD.SAYS WITH EFFECT FROM ADAM'S APPOINTMENT, CHRIS STONE WILL BECOME NON-EXECUTIVE CHAIRMAN.SAYS BRIAN TENNER WILL RESUME HIS ROLE AS CHIEF FINANCIAL OFFICER.
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NCC Group Plc : H1 group adjusted EBITDA increased by 15 pct to 21.3 mln stg (November 2015: 18.5 mln stg) . Group revenues increased by 35 pct (November 2015: 50 pct) to 125.8 mln stg (November 2015: 93.5 mln stg). Organic growth of 18 pct (November 2015: 17 pct) . Adjusted EBITDA for full year to May.31 2017 is expected to be in range of 45.5 mln stg to 47.5 mln stg . Overall group's forward order books and renewals have increased to 112.8 mln stg from 108.8 mln stg level published on Oct.20 2016 .Although disappointing, contract cancellations do not reflect any structural change in our assurance business.
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