Directorate Change
Adalan Ventures Plc announced the immediate resignation of Non-Executive Director Paul Auger, who is stepping down to pursue other interests and facilitate the appointment of new directors as part of an upcoming reverse takeover of Topos. Auger served the company for six years, providing sector expertise and challenging the business. The company's CEO expressed gratitude for Auger's contributions and stated that Adalan Ventures is progressing towards the completion of the Topos acquisition and intends to bring new skill sets to the board upon its conclusion.
Select text to share a quote on X · sign in to keep highlights & notes in your ZAIM notes
Adalan Ventures plc (the "Company" or "Adalan") announces that Paul Auger has stepped down from the position of Non-Executive Director with immediate effect in order to pursue other interests and make way for a new directors as part of the upcoming RTO of Topos.
The board of directors and all stakeholders wishes to thank Paul for his six years of service guiding the Company through its progression to the cusp of completing a game changing acquisition.
CEO statement:
Siro Cicconi commented:
"I would personally like to thank Paul for his contribution to the Company over the last 6 years. Paul has been a good independent voice who brought sector expertise and challenge to the business. Adalan is continuing to progress towards executing a reverse take over of Topos and will look to bring new skill sets on to the Board upon the completion of the acquisition. The continuing Board would like to wish Paul every success for the future and thank him for his service over the years "
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.