ChallengerX Plc Changes in Board Composition

 
TIDMCXS 
 
9 January 2023 
 
                                ChallengerX plc 
 
                       ("ChallengerX" or the "Company") 
 
                         Changes in Board Composition 
 
The Company (AQSE: CXS) announces the resignations of Miss Olivia Edwards 
(Chief Executive Officer), Mr Nicholas Lyth (Chief Financial Officer) and Mr 
Misha Sher (Non-Executive Director) with immediate effect. 
 
Mr Stuart Adam (CPFA, Chartered MCSI) will be appointed as the Chief Financial 
Officer of the Company, subject to completion of satisfactory due diligence. 
The Company will make a further announcement containing the information 
required by the AQSE Rules once Mr Stuart Adam is formally appointed.  Lucas 
Caneda, Executive Director, will become Chief Executive Officer. 
 
The company will give further updates on its business and cash position in the 
quarterly update that is due to be announced by the end of this month. 
 
This announcement contains information which, prior to its disclosure, 
constituted inside information as stipulated under Regulation 11 of the Market 
Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 
 
The directors of ChallengerX accept responsibility for this announcement. 
 
 
For further information please contact: 
 
ChallengerX plc 
 
John May, Chairman                  [e-mail] 
 
First Sentinel 
 
Corporate Adviser                   [e-mail] 
Brian Stockbridge                   [phone] 
Jenny Liu 
 
 
 
END 
 
 

(END) Dow Jones Newswires

January 09, 2023 08:17 ET (13:17 GMT)