10 Jan 2022 07:00
10 January 2022
MySale Group plc
(the "Company", "MySale" or the "Group")
Directorate Change
MYSALE Group plc (AIM: MYSL), announces that Mark Bayliss, Non-Executive Director, has resigned from the Board, with immediate effect.
On 4 November 2021, the Group announced a number of Board changes to prepare the Group in advance of the proposed listing on the Australian Stock Exchange ("ASX"), including the appointment of Mark.
Following this, the Group announced on 25 November 2021 that, in light of equity market conditions and the performance of a number of IPOs in Australia, the Board had decided to withdraw the proposed listing. Mark's resignation reflects the withdrawal of the proposed listing.
Carl Jackson, Executive Chairman of MySale, commented:
"I would like to thank Mark for his contribution during his tenure on the Board. As previously announced, the Board maintains the long-term objective of aligning its listing with its operations in Australia and intends to reassess the timing of an ASX listing at the appropriate time."
Enquiries:
MySale Group plc |
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Carl Jackson, Executive Chairman | +61 (0) 414 817 843 |
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Singer Capital Markets (Nominated Adviser and Joint Broker) | +44 (0) 20 7496 3000 |
Mark Taylor Justin McKeegan
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Zeus Capital (Joint Broker) Daniel Harris/James Hornigold, Corporate Finance John Goold, Corporate Broking | +44 (0) 20 3829 5000 |
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MHP Communications (Financial PR Adviser) | +44 (0) 20 3128 8570 |
Simon Hockridge Pete Lambie |
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About
MYSALE's operates a group of leading proprietary ecommerce platforms that offer unparalleled access to brands at great prices. Launched in Australia in 2007, MYSALE continues to be the go-to destination for hard-to-own fashion and lifestyle items ranging across apparel, shoes, accessories, homewares and lifestyle, beauty, kids and baby and at great prices. Brand partners get unparalleled access to a unique shopping audience, leading marketplace experience and channel for counter seasonal goods.
The MYSALE Way
Customers are always put first, and with thousands of 4+ star reviews, our success is ultimately our customer's satisfaction. Fulfilling millions of orders each year from Australia and internationally, MYSALE is trusted to deliver bargains that surprise and delight, from brands not otherwise accessible to shoppers.
Our customer journey is underpinned by a custom scalable technology platform and operational innovation that personalises the shopping experience and provides a seamless experience for sellers and customers alike. MYSALE occupies the enviable position as a global fashion marketplace with beach-head markets of Australia & New Zealand.