Pebble Beach Systems Group PLC Board Change (9357W)
23 Août 2022 - 12:05PM
UK Regulatory
TIDMPEB
RNS Number : 9357W
Pebble Beach Systems Group PLC
23 August 2022
23 August 2022
Pebble Beach Systems Group plc
("Pebble" or the "Group")
Board Change
Pebble announces that David Dewhurst has resigned as a Director
of the Company with immediate effect and has left the executive
role of Chief Finance Officer. For the foreseeable future David
will not be replaced and the finance function, as previously, will
report to the CEO.
Peter Mayhead Group Chief Executive Officer of Pebble, said:
"David joined Pebble in 2020 to support our growth strategy,
including exploring funding opportunities and M&A strategy.
However, it has become clear that the current economic environment
is not conducive to any significant fundraising and therefore we
agreed that Pebble is unable to benefit from his extensive skills
and experience at this time.
I have enjoyed working with David over the past two years as we
navigated the challenges of Covid and the changing economic
situation. I would like to take this opportunity to thank him, on
behalf of the Board and colleagues for his commitment and
contribution during his time here. He leaves with our best wishes
for his future career.
As I resume overall responsibility for the finance function I am
pleased to say that I will be supported by our Head of Finance,
Paul Inzani ACMA. Paul already possesses a deep knowledge of the
Company's operations and financial functions. With over 18 years of
relevant work experience, previously as Group Head of Finance for
LineUp Software, I am confident we have the combined skills to
cover all CFO duties for the foreseeable future. Paul will be in
attendance at board meetings."
For further information please contact:
+44 (0) 75 55 59 36
Peter Mayhead - CEO 02
finnCap Ltd (Nominated Adviser and Broker
)
Marc Milmo / Teddy Whiley - Corporate
Finance
Tim Redfern / Sunila de Silva - ECM +44 (0) 207 220 0500
The Company is listed on the LSE AIM market (PEB.L). More
information can be found at www.pebbleplc.com .
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END
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August 23, 2022 06:05 ET (10:05 GMT)
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