Changes to Board
18/01/2024 14:31
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RNS Number : 1962A S-Ventures PLC 18 January 2024
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S-Ventures PLC
("S-Ventures" or the "Company" or the "Group")
Changes to Board
S-Ventures (AQSE: SVEN), the company investing in brands across the natural,
wellness and food-tech categories, announces that David Mitchell has stepped
down from the Board following 3 years as Chairman. David has successfully
navigated and supported S-Ventures through its growth journey and played a
significant part in executing and overseeing several significant transactions.
The Company wishes David the best and thanks him for his work over the last 3
years. The business continues to develop and whilst there have been
challenges, David has always been a valued source of strategic input and
advice.
Current Non-Executive Director, Robert Hewitt, will assume the position of
Chairman on an interim basis.
S-Ventures continues to explore funding alternatives in what remains a fragile
capital markets environment and is pleased to report that group profitability
on an EBITDA basis remains positive.
For further information, please contact:
S-Ventures plc +44 (0) 203 475 0230
Scott Livingston (Chief Executive Officer)
Stephen Argent (Chief Financial Officer)
VSA Capital, AQSE Corporate Adviser and Broker: +44 (0) 20 3005 5000
Andrew Raca
Matt Harker
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