REG - Empresaria Group PLC - CFO leave of absence and corporate update

EmpresariaAnnouncement

Wed 10:30

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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.

 

The Board continues to believe that the Group has significant untapped
potential and has the teams in place that can unlock this potential.
Empresaria has a strong foundation, a global footprint and a team of committed
professionals.

 

The review is ongoing, and the Board anticipates updating shareholders early
in 2026.

 

- Ends -

 

 

Enquiries:

 Empresaria Group plc                                          via Alma PR
 Joost Kreulen, Chair
 Allenby Capital Limited (Nominated Adviser and Joint Broker)  020 3328 5656
 Nick Naylor / Jeremy Porter / Vivek Bhardwaj
 Alma Strategic Communications (Financial PR)                  020 3405 0205
 Sam Modlin / Rebecca Sanders-Hewett / Will Merison
empresaria@almastrategic.com

 

This announcement is made in accordance with the Company's obligations under
Article 17 of UK MAR and the person responsible for arranging release of this
announcement on behalf of the Company is Joost Kreulen, Chair.

 

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