REG - Altitude Group PLC - Board Changes and Trading Update

AltitudeAnnouncement

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RNS Number : 0899R  Altitude Group PLC  15 July 2025

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Group's obligations under Article 17 of
MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

 

Altitude Group plc

("Altitude", the "Company" or the "Group")

Board Changes and Trading Update

Altitude Group plc (AIM: ALT), the leading end-to-end solutions provider for
branded merchandise, announces that Nichole Stella, Chief Executive Officer,
has stepped down from her role and the Board with immediate effect in order to
pursue other opportunities.  The rest of the Board would like to thank Nikki
for her leadership and significant efforts in supporting the Group since her
appointment in 2017, and wish her well for the future.

To support the Group through the next phase of its growth, Alexander Brennan,
Non-Executive Chair, has become Executive Chair and Deborah Wilkinson has
expanded her responsibilities as Chief Operating Officer.  They will be
supported by incoming CFO Drew Whibley when he joins the Company in September.
To ensure that good corporate governance standards are maintained, the Company
has also commenced a search for a new independent non-executive director.
Updates will be provided in due course.

Trading Update

As communicated on 17 June 2025, the Group continues to trade in line with
market expectations for FY26 with positive performance across all three
divisions.  ACS has seen 43% growth in orders against the same period last
year, the Group's collegiate Gear Shop solution is increasing its number of
live locations to 45 by the end of August, and Services remains steady.  The
Board re-iterates its confidence about the Group's future.

For enquiries, please contact:

 Altitude Group plc                           Via Zeus

 Alexander Brennan, Executive Chair

 Deborah Wilkinson, Chief Operating Officer

 Zeus (Nominated Adviser & Broker)            Tel: 0203 829 5000

 Dan Bate / James Edis (Investment Banking)

 Dominic King (Corporate Broking)

 

 

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