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Valereum PLC - Appointment of Jack Sun as Finance Director


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Valereum Plc · VLRM

23/08/2023 13:36

Valereum PLC - Appointment of Jack Sun as Finance Director
RNS Number : 2445K
Valereum PLC
23 August 2023
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")

 

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23 August 2023

Valereum Plc

("Valereum" or the "Company")

Appointment of Jack Sun as Finance Director

Valereum Plc, the Gibraltar technology group, is pleased announce with immediate effect the appointment of Jack Sun to the board of the Company with a new title as Finance Director. The following information is provided for the purpose of Rule 4.9 of the AQSE Growth Market Access Rulebook for Jack Sun. There is no further information to be disclosed pursuant to Rule 4.9 of the AQSE Growth Market Access Rulebook.

Jack has been the Chief Financial Officer of Valereum since October 2021. He is a highly experienced business and finance executive with more than 20 years' experience across Europe and Asia. He has established strong business connections and has specialised in internal and operational controls and systems to aid profitable growth. He has a deep knowledge of international finance, capital markets and the public company listing process.

In addition to being a member of the Association of Chartered Certified Accountants, Jack has degrees from the Said Business School Oxford and the Judge Business School Cambridge. He started his accounting profession with Aspect Enterprise Solutions Ltd in London. His most recent role includes Group Chief Operating Officer COO/CFO and board director of Betex Group Plc, Group COO of PCG Entertainment Plc and a director of PCG Entertainment Plc's Hong Kong subsidiary PCGEL in 2018.

As announced by the Company on 31 October 2022, Jack has been approved by the Gibraltar Financial Services Commission to be the Finance Director of the Gibraltar Stock Exchange. His appointment will officially take place with the completion of the change of control process.

Jack currently holds 2m warrants in the Company.

Richard Poulden, Valereum's Chairman, said: "I have worked with Jack for a number of years and it is a pleasure to welcome him to the board of Valereum".

The Directors of the Company accept responsibility for the contents of this announcement.

 

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Enquiries:

 

Valereum Plc

Richard Poulden, Chairman

Tel: +971 4584 6284

 

AQSE Corporate Adviser

First Sentinel Corporate Finance

Brian Stockbridge

Tel: +44 (0) 7876 888 011

 

Investor Relations

J&H Communications Limited

George Hudson

Tel: +44 (0)7803 603130

george@j-hcommunications.com

 

For more information, please visit the Company's website at valereum.gi

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