REG - Unbound Group PLC - Board Change

UnboundAnnouncement

17/10/2023 09:30

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RNS Number : 3804Q  Unbound Group PLC  17 October 2023

17 October 2023

Unbound Group plc

("Unbound" or the "Company")

Board Change

The Company announces that Alastair Miller, Non-Executive Director, has
stepped down from the Board effective immediately.

Gavin Manson is now the Company's sole director. As previously announced, the
Company is not currently compliant with the requirement under the Quoted
Companies Alliance Corporate Governance Code ("QCA Code", the Company's chosen
corporate governance code) for at least two independent non-executive
directors. The Company would seek to remedy this situation and reconstitute
its board of directors at the time that any Transaction (as defined in the
Company's announcement released on 27 July 2023) is completed, in order to
ensure compliance with this aspect of the QCA Code.

The Company continues to explore opportunities for a Transaction, albeit these
remain at an early stage there can be no certainty that any Transaction will
ultimately be completed. Further announcements will be made as appropriate.

 

Enquiries

 

 Unbound Group plc

 Gavin Manson
 Singer Capital Markets (Nominated Adviser & Broker)        +44 (0)20 7496 3000

 Peter Steel / Tom Salvesen / Alaina Wong / James Fischer

 

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