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Visum Technologies PLC on Wednesday said that Chief Financial Officer Mike Stilwell plans to step down from his part-time executive role on October 31.
The video technology company focused on global leisure market began trading on Aquis Exchange Growth Market in July at a price of 14 pence each. Its shares were untraded at 18p each in London on Wednesday around midday.
Visum said that Stilwell is unable to continue as a part-time executive director, due to ‘his time commitments with his other corporate role.’ He is the CFO of LifeSafe Technologies, a technology business focused on safety solutions and fire extinguishers, since September 2021.
Visum said the search for Stillwell's successor has begun.
Non-Executive Chair Andy Edge said: ‘The board and management team have enjoyed working with Mike and we wish to express our gratitude for his contribution to the company over the past year.’
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