Changes in Board Composition
08/01/2024 07:00
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RNS Number : 8652Y Cellular Goods PLC 08 January 2024
The information contained within this announcement is deemed by the Company
to constitute inside information stipulated under the Market Abuse Regulation
(EU) No. 596/2014, as retained as part of the law of England and Wales. Upon
the publication of this announcement via the Regulatory Information Service,
this inside information is now considered to be in the public domain.
8 January 2024
Cellular Goods PLC
("Cellular Goods" or "The Company")
Changes in Board Composition
Cellular Goods (LSE: CBX), a UK-based company pioneering the use of lab-based
and biosynthetic production methods for wellness and sustainability solutions,
announces the resignation of Darcy Taylor to his position as Chairman and
Interim CEO of the Company, effective immediately. The Company wishes to thank
Mr. Taylor for his services during his tenure as Chairman of the Board.
Furthermore, the Company is pleased to announce that Michael Edwards has been
appointed as Executive Director. The appointment will take effect immediately.
Michael (Mike) Edwards has started and invested in technology companies for
over 20 years. Mike has a wealth of experience in building and scaling
technology companies in private and public markets, including the
following: Mike invested in early stage technology companies such as Punch'd,
which was sold to Google, Summify, which was acquired by Twitter, Wander,
which was acquired by Yahoo, AreaConnect, which was sold to Marchex, Wylie
Interactive, which was acquired by Zynga, and PasswordBox, which was acquired
by Intel. He was the cofounder and president of Argo Blockchain plc, a
company established to provide cryptocurrency mining services and which was
admitted trading on the London Stock Exchange's Main Market for listed
securities in August 2018 that reached a 2Bn USD valuation in 2022. Mike is
also a current Board member of Eastside Games Group Inc, listed on the Toronto
Stock Exchange. East Side Games Group is a mobile game platform technology
company and development and publishing group powerhouse creating legendary
games. He is also the co-founder and director of NFT Investments Plc, the
first publicly traded vehicle for the new NFT asset class; AQRU Plc, a
publicly traded issuer building and investing in Cryptocurrency and DeFi
assets; Ora Technology Plc, the first carbon credit trading platform listed
on the Aquis Stock Exchange; and Flex Labs Inc, the first AI middleware
solution listed in the Aquis Stock Exchange.
Current directorships and/or partnerships: Former directorships and/or partnerships (within the last five years):
Aquis Stock Exchange listed companies: London Stock Exchange listed companies:
- Guild esports Plc
- NFT Investments plc
- Argo Blockchain plc
- AQRU plc and
CBOE Canada Exchange listed company:
- Clarify Pharma plc
- Pioneer Media Holdings Inc
- Ora Technology plc
- Flex Labs Inc
London Stock Exchange listed company:
- Streaks Gaming plc
Toronto Stock Exchange listed company:
- East Side Games Group
Were LR 9.6.13 to apply to the Company, there would be no further information
to disclose.
For further information please contact:
Cellular Goods
Michael Edwards via FSCF +44 7572 873 300
Director
First Sentinel Corporate Finance (FSCF)
Investor Relations
Rebecca Noonan +44 7572 873 300
IR@cellular-goods.com (mailto:IR@cellular-goods.com)
Media Relations
Rebecca Noonan +44 7572 873 300
Media@cellular-goods.com (mailto:Media@cellular-goods.com)
Corporate Broker & Advisor
Brian Stockbridge +44 7858 888 007
Novum Securities
Corporate Broker
Colin Rowbury
Jon Belliss +44 207 399 9427
About Cellular Goods PLC:
Cellular Goods is pioneering the use of lab-based and biosynthetic production
methods for wellness and sustainability solutions. The Company launched with a
focus on efficacy led and science-backed products utilising biosynthetics, and
now employs its expertise across two verticals: premium next-generation
cannabinoid skincare products, and carbon sequestration-as-a-service through
its wholly owned business division, King Tide Carbon, which utilises
biosynthetic algae and seaweed to provide scalable carbon removal. The Company
is incorporated in the UK and listed on the Main Market of the London Stock
Exchange. For more information, visit www.cellular-goods.com
(http://www.cellular-goods.com) .
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