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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| ChallengerX plc | AQSE:CXS | Aquis Stock Exchange | Ordinary Share | GB00BMD0WG01 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.40 | 0.00 | - |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMCXS
9 February 2022
ChallengerX plc
("ChallengerX" or the "Company")
Market Update
The Company (AQSE: CXS) has become aware that its CEO Dominique Einhorn has
been detained by authorities in France in connection with alleged tax and other
related offences. The Company currently has no knowledge about the underlying
basis for these allegations, and at this point does not believe that any formal
charges have been issued.
Whilst the Board remains fully supportive of its CEO, in light of the
seriousness of these allegations it has decided to temporarily suspend Mr.
Einhorn from his duties at the Company until such time as more complete
information is available. Further announcements will be made as necessary in
due course.
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
Brian Connell, CFA, Finance brian@challengerx.io
Director & CFO
Lucas Caneda, Executive Director &
COO lucas@challengerx.io
First Sentinel
Corporate Adviser +44 7876 888 011
Brian Stockbridge
Gabrielle Cordeiro
END
(END) Dow Jones Newswires
February 09, 2022 02:00 ET (07:00 GMT)
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