Supply@Me Capital PLC - London-based inventory monetisation platform - Jim Coyle resigns immediately as non-executive chair, having been in the job only since the end of October. Coyle had replaced Dominic White, who had stepped down in July. Coyle is leaving "for personal reasons, which will allow him to better balance existing time obligations across his extensive portfolio of non-executive roles", Supply@Me says. The company is seeking a permanent, long-term successor as chair and will appoint one of its existing non-executive directors to chair meetings in the interim. Once the first transactions from its white label and inventory monetisation initiatives are complete, Supply@Me expects an increase in business volume, which would have required a higher level of commitment from Coyle.
Current stock price: 0.083 pence, down 12% on Friday
12-month change: down 84%
By Tom Waite; thomaslwaite@alliancenews.com
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Supply@me Cap (SYME)