The Company has been advised that Shahzad Shahbaz is resigning from the board with immediate effect; QInvest LLC will be appointing a replacement representative director in due course.

Panmure Gordon chairman, Ed Warner, commented: “It has been a pleasure to work with Shahzad over the last three and a half years. I and my board colleagues thank him for his contribution to the board over that time and wish him every success for the future “.