Roquefort Thera Regulatory News (ROQ)

20 October 2021

Roquefort Investments plc

("Roquefort Investments" or the "Company")

Board Changes

Roquefort Investments (LSE:ROQ), the investment company established to acquire businesses focused on early-stage opportunities in the medical biotechnology sector, announces the appointment of Mr Mark Freeman as a non-executive director and the resignation of Mr Glenn Whiddon as non-executive director with effect from today.

Mr Freeman (aged 46) is a Chartered Accountant and has more than 25 years' experience in corporate finance and the public markets, with a focus on project development. Mr Freeman is a graduate of the University of Western Australia with a Bachelor of Commerce with a double major in Banking & Finance and Accounting as well as holding a Graduate Diploma in Applied Finance with a major in Investment Analysis from the Securities Institute of Australia. He has experience in strategic planning, business development, acquisitions and mergers, project commercialisation, project development and general management. Mr Freeman is currently a director of Pursuit Minerals Ltd (ASX:PUR), Calima Energy Ltd (ASX:CE1) and Grand Gulf Energy Ltd (ASX:GGE).

In addition, Mr Freeman is currently a director of Lyramid Limited ("Lyramid"). It is intended that Mr Freeman will retain his position as one of the two Australian resident directors required to be appointed to the Board of Lyramid after the proposed acquisition of Lyramid has completed.

Stephen West, Executive Chairman, commented:

"As we work towards completion of the Lyramid transaction, it is important to have a financially oritentated Australian resident director with public markets experience to assist the Company going forward. We are therefore delighted that Mark Freeman has agreed to join the Company as a non-executive director given his proven track record and experience in this regard. I would like to thank Glenn Whiddon for working with us from the formation of Roquefort Investments up to this transformational stage for the Company.

The Board is focused on completing the Lyramid transaction and the RTO process and we look forward to providing a further update on this shortly."

Enquiries:

For further information, please visit www.roquefortinvest.com and @roquefortinvest on Twitter.

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