REG - RegTech Open Project - Resignation of CEO

REGTECH OPEN PROJECTAnnouncement

31/05/2024 07:00

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RNS Number : 5573Q  RegTech Open Project PLC  31 May 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF DOMESTIC LAW OF THE UNITED KINGDOM OF
GREAT BRITAIN AND NORTHERN IRELAND ("UK") PURSUANT TO THE MARKET ABUSE
(AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE
PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK
MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

31 May 2024

 

 

 

RegTech Open Project plc

 
("RTOP" or the "Company")

 

Resignation of CEO

 

RegTech Open Project plc (LSE: RTOP), the technology business specialised in
the automation, management, and optimisation of regulatory compliance
operations, announces that Ian Halliday-Pegg has tendered his resignation from
his position as Chief Executive Officer and Director of the Company, effective
today, to enable him to focus on his personal business interests.  Ian
Halliday-Pegg has agreed to assist the Company in a strategic advisory
capacity until his successor is appointed.

 

As part of its succession planning to enable the Company best to deliver on
its updated strategic growth plan announced on 4 March 2024, including the
launch of an additional scalable business line in InsurTech, the Company has
identified a potential successor to Ian Halliday-Pegg, and will announce the
appointment of its new CEO as soon as possible.

 

In the meantime, the senior leadership team under the guidance of Corrado
Rosi, Chief Operating Officer and Paul McFadden, Chief Financial Officer, will
lead the business in close collaboration with Non-Executive Directors.

 

- Ends -

Enquiries:

 

 RegTech Open Project plc

 Albert Ganyushin, Chair   investors@regtechopenproject.co.uk

 

 

About Regtech Open Project plc

 

Regtech Open Project plc is a technology business specialised in Regulatory
Technology (RegTech) that has developed the Orbit Open Platform, an
award-winning proprietary software platform focused on Operational Resilience
(OR), which helps its customers navigate an increasingly complex and demanding
regulatory landscape, maintain a secure and stable operating environment,
whilst improving compliance with applicable regulations and standards, and
reducing the risk of business disruptions.

 

RTOPs shares are listed on the London Stock Exchange's main market under the
ticker "RTOP". For more information, please visit www.regtechopenproject.co.uk
(https://regtechopenprojectplc-my.sharepoint.com/personal/david_blunt_regtechopenproject_co_uk/Documents/www.regtechopenproject.co.uk)

 

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