REG - Deepverge PLC - Board Change

DeepvergeAnnouncement

02/08/2023 09:45

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RNS Number : 0663I  Deepverge PLC  02 August 2023

2 August 2023

 

DeepVerge plc

 

("DeepVerge" or "the Company" or "the Group")

 

Board Change

 

Andrew Waters has resigned as Chief Financial Officer and as a Director of the
Company. A replacement will be appointed in due course.

Dr Nigel Burton, interim CEO DeepVerge plc, commented:

"I'd like to thank Andrew for his significant contribution since joining the
company in February 2023. Under difficult circumstances he led the process of
identifying and correcting the material mis-statements of revenues by previous
management as announced on 17 April 2023 and subsequent efforts to support the
board in providing information to potential buyers of parts of the business.
We wish him well in the future."

 

 DeepVerge plc                                   Nigel Burton, Interim CEO  +44 (0) 7785 234447
 SPARK Advisory Partners Limited                 Neil Baldwin               +44 (0) 113 370 8974

 (Nominated Adviser)
 Turner Pope Investments (TPI) Limited (Broker)  Andy Thacker/James Pope    +44 (0) 20 3657 0050

 

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