REGTECH OPEN PROJECT PLC

Board/Management Information • May 31, 2024

National Storage Mechanism | Additional information

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.

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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

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