Resignation of CEO
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your BYIT notes
BTG (LSE: BYIT, JSE: BYI), one of the UK and Ireland's leading software, security, AI, and cloud services specialists, announces that Neil Murphy has tendered his resignation from his position as Chief Executive Officer of BTG, effective today. Neil Murphy has also notified the Board today that he has made a number of trades in the Company's shares that had not been disclosed to the Company or the market in compliance with the PDMR disclosure requirements.
The Board is working to clarify the details of these undisclosed trades. Based on the information provided to the Board, Neil Murphy's holding of BTG's shares is 2,890,218 and remains unchanged from the position notified to the market on 28 November 2023.
The Board also announces that Sam Mudd, Executive Director of the Company and Managing Director of Phoenix Software Limited, will assume the role of Interim CEO.
Trading for the financial year ending 29 February 2024 has been in line with the Board's expectations. The Company will publish a trading update in March, in accordance with its usual financial reporting calendar.
listing on the Johannesburg Stock Exchange.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.