Zamano plc announces that John Rockett, Non-executive Chairman, has notified the Company that he will resign as a Director of zamano with effect from 31 March 2016, in order to devote more time to his other business interests.
The Board has commenced the process to recruit a new Director and a further update will be made in due course.
Ross Conlon, Chief Executive Officer, commented:”John has been an excellent Director and Chairman for the Company playing an important role in the stabilisation of the Company’s performance in recent years. He has been a valued adviser for the executive management team as well as providing strong leadership for the Board. As a result we are sorry that he will be leaving us and, on behalf of the Board, I would like to thank John for his contribution and commitment.”
For the nine months ended 30 September 2015, the Company is pleased to announce that it has generated Revenue of €16.828M and EBITDA of €2.082M, compared to €13.420M and €1.713M respectively for the corresponding period in 2014, and had a net cash position at 30 September 2015 of €5.388M (2014: €2.548M).”