Jaywing plc (AIM: JWNG), the UK agency specialising in data science today announces that Martin Boddy has stepped down as a Director and Executive Chairman with immediate effect in order to pursue other interests.
The search for a new Executive Chairman is underway and a further announcement will be made in due course once the appointment is made.
Ian Robinson will take on the role of Non-Executive Chairman, on an interim basis. An operating executive committee comprising the two senior executive directors will report directly to the Non-Executive Chairman. Martin will continue to support Jaywing for an interim period in order to ensure an orderly transition.
Ian Robinson, Chairman commented: "On behalf of the Board, I would like to thank Martin for his contribution to the board and for leading the business over the last eight years. We wish him all the best for the future."
This announcement is released by Jaywing and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Group's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Group by Michael Sprot, Chief Financial Officer.
Andrew Fryatt (CEO) Tel: 0333 370 6500
Cenkos Securities plc
Nicholas Wells / Callum Davidson (Nominated Adviser) Tel: 0207 397 8920