2 August 2023
DeepVerge plc
("DeepVerge" or "the Company" or "the Group")
Board Change
Andrew Waters has resigned as Chief Financial Officer and as a Director of the Company. A replacement will be appointed in due course.
Dr Nigel Burton, interim CEO DeepVerge plc, commented:
"I'd like to thank Andrew for his significant contribution since joining the company in February 2023. Under difficult circumstances he led the process of identifying and correcting the material mis-statements of revenues by previous management as announced on 17 April 2023 and subsequent efforts to support the board in providing information to potential buyers of parts of the business. We wish him well in the future."
| DeepVerge plc | Nigel Burton, Interim CEO | +44 (0) 7785 234447 |
| SPARK Advisory Partners Limited (Nominated Adviser) | Neil Baldwin | +44 (0) 113 370 8974 |
| Turner Pope Investments (TPI) Limited (Broker) | Andy Thacker/James Pope | +44 (0) 20 3657 0050 |
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