REG - Iconic Labs PLC - Board Changes

Iconic LabsAnnouncement

10/07/2024 16:30

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RNS Number : 9267V  Iconic Labs PLC  10 July 2024

 

 

Iconic Labs PLC

("Iconic" or the "Company")

Board Changes

Iconic Labs PLC (LSE: ICON) announces that after more than three years of
serving as the CEO and a Director of the Company, Brad Taylor is stepping down
from all positions with immediate effect.

The Company would like to thank Mr Taylor for his expertise, dedication and
professionalism in successfully leading the Company through a complex period
of restructuring that included exiting the Company from administration through
a Company Voluntary Arrangement (CVA), lifting the suspension of trading on
the London Stock Exchange, and entering into negotiations and Heads of Terms
with reverse takeover (RTO) target, ITS Holdings 2023 Ltd.

The Company also announces the appointment of John Farquharson (aged 47) as
Interim CEO and Director with immediate effect.  Mr Farquharson has held
senior finance roles within the Tavistock Group of companies since 2010 and
currently serves as Head of Finance at Ultimate Finance Group Ltd. He
graduated from the University of Aberdeen in 1999 with an MA in Accountancy
and German following which he worked at PwC from 1999-2004 where he qualified
as a chartered accountant in 2002. He is a member of the Institute of
Chartered Accountants of Scotland (ICAS) and the Chartered Governance
Institute UK and Ireland.

 

- Ends -

 

For more information, please contact:

 Iconic Labs                     via Yellow Jersey PR

 John Farquharson
 Novum Securities Limited        Tel: +44 (0) 20 7399 9400

 David Coffman / Daniel Harris
 Yellow Jersey PR                Tel: +44 (0) 20 3004 9512

 Charles Goodwin                 iconic@yellowjerseypr.com

 Annabelle Wills

 Bessie Elliot

 

 

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