Catenai PLC - London-based media and technology company - Sarfraz Munshi has been appointed as a non-executive director, and Guy Meyer, chief executive, has resigned with immediate effect. John Farthing, a director of the company, has been appointed as interim CEO.
"The board would like to place on record its appreciation of the effort and expertise Mr Meyer has shown in his time on the board," Catenai says.
Current stock price: 0.31 pence, closed down 13% in London on Thursday
12-month change: down 44%
By Sophie Rose, Alliance News senior reporter
Comments and questions to newsroom@alliancenews.com
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