Directorate Change
14/10/2022 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221014:nRSN9207Ca&default-theme=true
RNS Number : 9207C Zamaz PLC 14 October 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT
TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK
MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS
DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
14 October 2022
Zamaz plc
("Zamaz" or the "Company")
Directorate Change
Zamaz announces that Raj Unnikandeth has decided to step-down from the board
of directors of the Company (the "Board") with immediate effect.
Commenting, Zamaz CEO, Chris Hill said:
"Raj Unnikandeth joined Zamaz at a critical time ahead of our successful
direct listing, and I and the rest of the Board would like to express our
gratitude to him for his valuable contribution, dedication and support during
his relatively short tenure. He leaves the Board to pursue his other business
interests, and we wish him every success.
"Zamaz has immediately commenced the process of recruiting a further
independent non-executive director. In the interim, Daniele Besnati has agreed
to take on Raj's roles as a member of the audit and risk committee and chair
of the nomination committee of the Board."
In accordance with section 430 (2B) of the Companies Act 2006 (as amended),
the Company confirms that Raj will receive payment of fees as an independent
non-executive director up to and including his date of resignation. No other
remuneration payment or payment for loss of office will be made.
For the purposes of UK MAR, the person responsible for arranging release of
this announcement on behalf of Zamaz is Chris Hill, CEO.
- Ends -
Enquiries:
Zamaz plc www.zamaz.tech
Chris Hill, CEO c/o Walbrook PR Limited
Walbrook PR Limited
Paul Vann/Nick Rome/Joe Walker Tel: 020 7933 8780 or 07768 807631 zamaz@walbrookpr.com
About Zamaz
Zamaz is a technology driven e-commerce business that originates, acquires or
licenses, operates and scales small and medium-sized brands with
category-winning products on global marketplaces. With ever prolific
customer data sources, the advent of turnkey e-commerce website platforms,
such as Shopify, and a thriving ecosystem of third-party software integrators,
the options available to launch and build brands that can be marketed, sold,
and shipped online quickly and globally with limited risk have never been more
compelling. Such marketplaces, led by Amazon and eBay, also provide connection
to millions of consumers, and have become a first-choice route-to-market for a
generation of micro and small and medium-sized enterprise businesses.
Zamaz mines and analyses data from such online retail technology platforms
which provide significant insights into consumer shopping behaviour and trends
and enable the business to deploy, market and sell an optimised portfolio of
brands, products, packs and prices aligned with active, real-time consumer
needs and demands principally on UK and EU Amazon marketplaces.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END BOADZMMGKDMGZZG