19(th) March 2018
ETAIREIA INVESTMENTS PLC (Etaireia' or the 'Company')
Director Resignation
The Company announces that following the publication of negative findings made in the course of divorce proceedings. Baron Bloom has decided to step down from his role as a director and Chairman of the Board with immediate effect. The Company would like to emphasise that there is no suggestion of any improper conduct within Etaireia by Baron Bloom. Baron believes that continuing in his role would be disadvantageous to the Company and its shareholders and therefore the Board have accepted his resignation. The Board would like to thank him for his endeavours whilst with the Company and wish him well in the future.
The current Directors will handle the duties of Chief Executive and Chairman whilst seeking a replacement.
The Directors of the Company accept responsibility for this announcement.
ENDS
Enquiries: Etaireia Investments Plc Tel: 07830 182501 Greg Collier
NEX CORPORATE ADVISER: Alexander David Securities Limited David Scott - Corporate Finance James Dewhurst - Institutional Sales Telephone: +44 (0) 20 7448 9820 http://www.ad-securities.com 49 Queen Victoria Street, London EC4N 4SA
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Etaireia Plc via GlobeNewswire
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