REG - Crimson Tide PLC - Board Changes

Crimson TideAnnouncement

26/03/2025 11:15

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RNS Number : 3270C  Crimson Tide PLC  26 March 2025

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Crimson Tide plc

("Crimson Tide", "the Company" or "Group")

 

Board Changes

 

Crimson Tide plc (TIDE), the provider of the mpro5 process management app,
announces the following Board changes.

 

A proposal has been received by the Board from the Founder, Barrie Whipp, to
step in as Interim Executive Chair of the Company. This appointment has been
agreed by the Board, subject to completion of customary due diligence for the
purposes of the AIM Rules.

 

Phil Meyers has informed the Board that he will be stepping down as Chief
Executive Officer and Board Director of the Company with immediate effect.

 

Pieter Hurter has informed the Board that he will be stepping down as Company
Secretary and Chief Finance Offer and has agreed to continue in the role until
the Crimson Tide AGM in June 2025.

 

Luke Jeffrey has informed the Board that he will be stepping down as Director
with immediate effect but will continue to have a repositioned role within the
Company.

 

A further announcement will be made to confirm the appointment of Barrie Whipp
in due course following the completion of the necessary due diligence.

 

James Joyce, Senior Independent Director at Crimson Tide commented: "I would
like to thank Peter and Phil for their respective contributions to Crimson
Tide and extend my sincere thanks on behalf of all the directors."

 

 

 Crimson Tide plc                                                  +44 1892 542444
 Jacqueline Daniell/James Joyce
 Cavendish Capital Markets Limited (Nominated adviser and Broker)               +44 20 7220 0500
 Julian Blunt / Dan Hodkinson - Corporate Finance
 Andrew Burdis - Corporate Broking

 

Crimson Tide provides mpro5, the process management app. For further
information, see mpro5.com (http://www.mpro5.com) and on Crimson Tide plc,
crimsontide.co.uk (http://www.crimsontide.co.uk/)

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