Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

JAYRIDE GROUP LIMITED Board/Management Information 2023

Nov 27, 2023

65156_rns_2023-11-27_5767f6b9-54ae-465f-8f71-6dee97d62d5e.pdf

Board/Management Information

Open in viewer

Opens in your device viewer

==> picture [152 x 55] intentionally omitted <==

ASX Announcement 28th November 2023

Managing Director Transition Update Following AGM

Jayride Group Limited (ASX:JAY) (“ Jayride” or the “ Company” ) the world leading online travel marketplace for airport transfers today advises that in line with the Company’s Managing Director transition plan announced to ASX on the 31st August, and following his re-election to the board of directors at the Company’s 2023 AGM on the 23rd November, Rod Bishop today resigned as Managing Director. He will remain with the Company as a non-executive director to assist with Jayride’s strategic review.

On 31st August Jayride announced to the ASX that Rod Bishop had notified the directors of his intention to transition from the role of Managing Director.

Following his re-election to the board of directors at the Annual General Meeting held on the 23rd November, Mr Bishop has resigned from the Managing Director role and has transitioned his operational duties to the leadership team of the Company.

Mr Bishop will remain with the Company as a non-executive director of Jayride as approved by the shareholders at the AGM. He will work together with the board of directors in delivering the Company’s strategic review as outlined by the Chairman in his address at the meeting.

The search for a new CEO continues with the specific skills and capabilities required to be defined by the outcome of the strategic review.

For more information please contact

Rod Cuthbert

Executive Chair Email: [email protected]

ASX release authorised by Rod Cuthbert, Executive Chair, Jayride Group Limited.

Jayride Group Limited (ACN 155 285 528) – 1

==> picture [152 x 55] intentionally omitted <==

About Jayride Group Limited (ASX:JAY)

Jayride Group is the world’s leading publicly listed airport transfers marketplace, where travellers compare and book rides around the world. With Jayride, travellers can compare and book with 3,700+ ride service companies, servicing 1,600+ airports in 110+ countries around the world which cover 95% of world airport trips, including across the Americas, Europe, Middle East, Africa, Asia and the Pacific.

The Jayride platform aggregates ride service companies and distributes them to travellers at Jayride.com, AirportShuttles.com, and via travel brand partners including other technology platforms, online travel agencies, travel management companies, and wholesalers. These travel brands implement Jayride APIs to sell door-to-door ride services that build traveller confidence and grow their core travel business.

Founded in 2012, Jayride Group is a global remote-first company incorporated in Australia and listed on the Australian Securities Exchange (ASX:JAY).

For more information, please visit www.jayride.com

Forward-looking statements

This announcement contains forward-looking statements that involve risks and uncertainties. Indications of, and guidelines or outlook on, future earnings, distributions or financial position or performance and targets, estimates and assumptions in respect of production, prices, operating costs, results, capital expenditures, reserves and resources are also forward-looking statements. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions and estimates regarding future events and actions that, while considered reasonable as at the date of this announcement and are expected to take place, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the directors and management. We cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to various risk factors that could cause actual events or results to differ materially from the events or results estimated, expressed or anticipated in these statements.

Jayride Group Limited (ACN 155 285 528) – 2