TIDMALT

RNS Number : 0916D

Altitude Group PLC

25 June 2021

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

Altitude Group plc

("Altitude" or the "Company" and together with its subsidiaries, the "Altitude Group")

Directorate Change

Altitude Group Plc (AIM:ALT), the operator of a leading marketplace for the global promotional products industry, announces that Graeme Couturier, Chief Financial Officer, has resigned from his role effective 10 December, 2021 to pursue another career opportunity. The Board would like to express its gratitude to Mr. Couturier for his valuable contributions throughout the initial growth phases of the AIM Smarter acquisition, its successful integration into the Altitude Group as well as his efforts during the Covid-19 pandemic.

The Company has launched a formal search for a replacement Chief Financial Officer in both the United States and United Kingdom who is able to continue to assist in the acceleration of Altitude's innovative and transformational growth plans and we are in preliminary discussions with a number of potential candidates. Mr. Couturier has agreed to remain on the Board and continue to work for the Company throughout his notice period, he will work with the now established internal transition team led by non-executive director Peter Hallett to ensure a smooth transition. Mr. Hallett is an experienced public company director and former Group Chief Financial Officer of the former Redstone plc (now Castleton Technology plc) and Redcentric plc. We look forward to providing an update on progress with a new appointment in due course.

For enquiries, please contact:

 
 Altitude Group plc                                  Via Zeus Capital 
  Nichole Stella, Chief Executive Officer 
  Graeme Couturier, Chief Financial Officer 
  Keith Edelman, Non-Executive Chairman 
 Zeus Capital Limited (Nominated Adviser & Broker)   Tel: 0203 829 
  Dan Bate / David Foreman / James Edis (Corporate    5000 
  Finance) 
  Domi nic King (Corporate Broking)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

BOAGGGDLLXDDGBU

(END) Dow Jones Newswires

June 25, 2021 02:00 ET (06:00 GMT)

Altitude (LSE:ALT)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Altitude Charts.
Altitude (LSE:ALT)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Altitude Charts.