ABAL Abal Group Plc

TIDMABAL

RNS Number : 1723D

Abal Group PLC

24 June 2019

24 June 2019

Abal Group plc

(the "Company")

(AIM: ABAL)

Update on Board Changes

Further to the Company's announcement made on 1 April 2019 regarding the Company's proposed appointment of an additional non-executive Director, the Company announces that the individual concerned has been appointed as an independent consultant to the company to provide it with a view and assistance on a potential opportunity in the fintech sector. The Directors consider that the input to be provided by that individual would be better coming from him as an independent consultant rather than as a Director. No adverse matters arose following the due diligence in respect of the individual concerned.

The Company will update shareholders in due course in relation to its progress to undertake a potential transaction in accordance with AIM Rule 15.

Enquiries:

 
Abal plc                             Tel: +44 (0)7717 436384 
Simon Charles 
WH Ireland NOMAD and Broker          Tel: 0117 945 3471 
Mike Coe / Chris Savidge 
Peterhouse Corporate Finance (Joint  Tel: 020 7469 0936 
 broker) 
Lucy Williams / Duncan Vasey 
 

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END

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June 24, 2019 04:11 ET (08:11 GMT)

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