ChallengerX Plc Changes in Leadership

 
TIDMCXS 
 
25 January 
2023 
 
                                ChallengerX plc 
 
                       ("ChallengerX" or the "Company") 
 
                             Changes in Leadership 
 
Following our previous announcement of 9 January 2023, the Company (AQSE: CXS) 
announces that Stuart Adam, a UK Chartered Public Finance Accountant and 
Chartered Member of the Chartered Institute for Securities and Investment, has 
been appointed as Chief Financial Officer of the Company, effective 
immediately. 
 
Stuart has extensive experience as Finance Director and Chief Financial Officer 
to companies listed on the LSE and AIM. He has been a Chartered Accountant for 
over 30 years providing services across a broad range of clients and sectors 
from SMEs to PLCs. He began his career in the National Audit Office, staying 
for 11 years, where he supervised and managed audit teams as well as 
undertaking statutory and regulatory reporting as Principal Auditor. More 
recently, Stuart was Chief Financial Officer at Dukemount Capital Plc and Group 
Financial Controller for TomCo Energy Plc, London & Boston Investments Plc, and 
AFA Systems Plc. He is currently Senior Partner at City & Westminster Corporate 
Finance LLP, and Finance Director of Red Leopard Holdings Plc. 
 
AQSE Rule 4.9 - Directors' Details 
 
Stuart Adam holds or has held the following directorships (including 
directorships of companies registered outside England and Wales) within the 
previous five years: 
 
Director      Current Directorships             Previous Directorships in the 
                                                last 5 years 
 
Stuart Adam   City & Westminster Corporate      None 
              Finance LLP 
              Red Leopard Holdings Plc 
              Red Leopard Management Ltd 
              Harrell Hotels (Europe) Ltd 
              Lionthorn Consultancy Limited 
              Enterprise 24/7 Limited 
              Score Tek Limited 
              Influ-X Limited 
              GP Investment Technology Limited 
 
Stuart Adam: 
 
1.      does not hold any interest in the securities of the Company; 
 
2.      does not have any unspent convictions in relation to indictable 
offences; 
 
3.      has not been a director of a company which has been placed in 
receivership, insolvent liquidation, administration, been subject to a 
voluntary arrangement or any composition or arrangement with its creditors 
generally or any class of its creditors whilst he was a director of that 
company or within the 12 months after he ceased to be a director of that 
company; 
 
4.      has not been a partner in any partnership which has been placed in 
insolvent liquidation, administration or been the subject of a partnership 
voluntary arrangement whilst he was a partner in that partnership or within the 
12 months after he ceased to be a partner in that partnership; 
 
5.      has not been the owner of any assets or a partner in any partnership 
which has been placed in receivership whilst he was a partner in that 
partnership or within the 12 months after he ceased to be a partner in that 
partnership; 
 
6.      has not been publicly criticised by any statutory or regulatory 
authority (including recognised professional bodies); or 
 
7.      has not been disqualified by a court from acting as a director of any 
company or from acting in the management or conduct of the affairs of a 
Company. 
 
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 
Brian Stockbridge                   [e-mail] 
Beatriz Iribarren                   [phone] 
 
 
 
END 
 
 

(END) Dow Jones Newswires

January 25, 2023 09:43 ET (14:43 GMT)