CXS ChallengerX plc

 
TIDMCXS 
 
9 February 2022 
 
                                ChallengerX plc 
 
                       ("ChallengerX" or the "Company") 
 
                                Market Update 
 
The Company (AQSE: CXS) has become aware that its CEO Dominique Einhorn has 
been detained by authorities in France in connection with alleged tax and other 
related offences. The Company currently has no knowledge about the underlying 
basis for these allegations, and at this point does not believe that any formal 
charges have been issued. 
 
Whilst the Board remains fully supportive of its CEO, in light of the 
seriousness of these allegations it has decided to temporarily suspend Mr. 
Einhorn from his duties at the Company until such time as more complete 
information is available.  Further announcements will be made as necessary in 
due course. 
 
This announcement contains information which, prior to its disclosure, 
constituted inside information as stipulated under Regulation 11 of the Market 
Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 
 
The directors of ChallengerX accept responsibility for this announcement. 
 
 
For further information please contact: 
 
ChallengerX plc 
 
Brian Connell, CFA, Finance         brian@challengerx.io 
Director & CFO 
Lucas Caneda, Executive Director & 
COO                                 lucas@challengerx.io 
 
First Sentinel 
 
Corporate Adviser                   +44 7876 888 011 
Brian Stockbridge 
Gabrielle Cordeiro 
 
 
 
END 
 
 

(END) Dow Jones Newswires

February 09, 2022 02:00 ET (07:00 GMT)

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