Abal Group PLC Update on Board Changes (1723D)
June 24 2019 - 4:11AM
UK Regulatory
TIDMABAL
RNS Number : 1723D
Abal Group PLC
24 June 2019
24 June 2019
Abal Group plc
(the "Company")
(AIM: ABAL)
Update on Board Changes
Further to the Company's announcement made on 1 April 2019
regarding the Company's proposed appointment of an additional
non-executive Director, the Company announces that the individual
concerned has been appointed as an independent consultant to the
company to provide it with a view and assistance on a potential
opportunity in the fintech sector. The Directors consider that the
input to be provided by that individual would be better coming from
him as an independent consultant rather than as a Director. No
adverse matters arose following the due diligence in respect of the
individual concerned.
The Company will update shareholders in due course in relation
to its progress to undertake a potential transaction in accordance
with AIM Rule 15.
Enquiries:
Abal plc Tel: +44 (0)7717 436384
Simon Charles
WH Ireland NOMAD and Broker Tel: 0117 945 3471
Mike Coe / Chris Savidge
Peterhouse Corporate Finance (Joint Tel: 020 7469 0936
broker)
Lucy Williams / Duncan Vasey
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END
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