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TIDE

-8.24%
NEUTRAL

Crimson Tide Appoints New Chair and Broker

Why we think this is neutral

This RNS announcement does not contain any major financial or operational updates. It is a general corporate update on board changes and the appointment of a new Nominated Adviser and Broker, which is a routine event for a listed company.

Key Points

  • Appointment of Chris Fielding as Non-Executive Chair
  • Barrie Whipp has resigned as Interim Chair and Director
  • Appointment of Allenby Capital Limited as Nominated Adviser and Broker

Summary

The technology company has appointed a new Non-Executive Chair and announced the appointment of a new Nominated Adviser and Broker.

Crimson Tide plc, the provider of the mpro5 process management app, has announced the appointment of Chris Fielding as Non-Executive Chair of the Company with immediate effect. Barrie Whipp has resigned as Interim Chair and as a Director of the Company. The Company has also appointed Allenby Capital Limited as its new Nominated Adviser and sole Broker.

GENERAL UPDATE