REG - Fragrant Prosperity - Change of Director

Fragrant Prosperity HoldingsAnnouncement

10/11/2021 14:25

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RNS Number : 9852R  Fragrant Prosperity Holdings Ltd  10 November 2021

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Fragrant Prosperity Holdings Limited

("FPP" or the "Company")

 

 

Change of Director

 

 

Fragrant Prosperity Holdings ("FPP") announces today that, in anticipation of
the change of the Board of Directors of FPP upon the forthcoming anticipated
acquisition of CiiTECH,Ltd ("CiiTECH") (as previously announced on 24 May
2021), it has been agreed that Craig J. Marshak shall resign as Chairman of
the Company effective from 10 November 2021. Simon Retter, currently a
Non-Executive Director, will assume the role of Chairman.

 

The Board of FPP wish Mr. Marshak well following his successful stewardship of
the Company to the anticipated RTO transaction with CiiTECH.

As previously announced in the RNS news release of 24 May 2021; CiiTECH is an
Israeli and UK based company focusing on the marketing of cannabis and CBD
related products for health and skin care, including Provacan and other
leading brands.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018. Upon the publication of this announcement this
information is considered to be in the public domain.

 

- Ends -

 

 

Enquiries

 Fragrant Prosperity Holdings Limited  +44 (0)20 3137 1902

 Simon Retter

 Optiva Securities - Broker to FPP     +44 (0)20 3137 1903

 Vishal Balasingham

 

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