UK's Cake Box rises after naming Michael Botha CFO
21/10/2022 13:24
** Shares of UK-based food processing retailer Cake Box Plc
CBOX.L up as much as 2.24% at 118.6p
** Names Michael Botha CFO
** Botha is currently CFO of Domino's Pizza Franchise system
in UK and Ireland
** Botha has worked in senior finance and commercial roles
for a number of franchise businesses over last 20 years
** "Michael will further strengthen our Executive team
through his experience in Franchisee run corporates and good
internal governance" - Neil Sachdev, non-executive chairman
** Cake Box CFO David Forth exiting in Nov.
** Including session's gains, stock down ~67.18% YTD
(Reporting by Hani Kollathodi in Bengaluru)
((Hani.Kollathodi@thomsonreuters.com;))