CFO leave of absence and corporate update
RNS Number : 2506H
Empresaria Group PLC
12 November 2025
The information contained within this announcement was deemed by the Company to constitute inside information as stipulated under the UK Market Abuse Regulation ("UK MAR")
12 November 2025
Empresaria Group plc
("Empresaria" or the "Company" and, together with its subsidiary undertakings, the "Group")
CFO leave of absence and corporate update
Empresaria Group plc (AIM: EMR), the international specialist staffing group, announces that Tim Anderson, Empresaria's Chief Financial Officer, is taking a leave of absence from the business. The board of directors of Empresaria (the "Board") looks forward to welcoming back Tim in due course.
Empresaria is putting in place cover arrangements to ensure continuity and is drawing on the support of its other members of the Board to oversee the finance function, including Arun Shankardass, Chair of the Audit & Risk Committee. The Board has also commenced the process to identify and appoint an interim non-board finance consultant who will take responsibility for Tim's duties during his absence.
Work in relation to the Company's audited results for the year ending 31 December 2025 and associated budgeting for 2026 and beyond is progressing.
On 23 October 2025 the Company announced that the newly appointed Board, led by Joost Kreulen, had commenced a thorough review of the Group's operations with the objectives of:
| · | addressing the commercial and other challenges that the Group faces and stabilising the Group's operations, both financially and operationally, by focusing on efficiency and cost discipline; |
| · | building on the Board's relationships with the Group's management teams and support them in delivering on the Group's commercial goals; and |
| · | ensuring that the Group is well positioned to benefit once the broader staffing and recruitment markets begin to recover. |
| Empresaria Group plcJoost Kreulen, Chair | via Alma PR |
| Allenby Capital Limited (Nominated Adviser and Joint Broker)Nick Naylor / Jeremy Porter / Vivek Bhardwaj | 020 3328 5656 |
| Alma Strategic Communications (Financial PR)Sam Modlin / Rebecca Sanders-Hewett / Will Merison | 020 3405 0205 empresaria@almastrategic.com |