RBG Holdings PLC - London-based professional services - Promotes Jon Divers to the board as chief executive officer on Friday. Divers had been chief operating officer before being named acting CEO at the end of January. RGB at the time said it had terminated the employment contract of then-CEO Nicola Foulston with immediate effect, saying it had lost confidence in Foulston due to ‘cultural concerns and the execution of the group’s strategy’. Also promoted to the board as executive directors on Friday are Tania MacLeod and Nick Davis. The board now has four executive and four non-executive directors.

RBG says it will release its 2022 results on April 26. Confirms that revenue, adjusted earnings before interest, tax, depreciation and amortisation, and adjusted operating profit will be in line with market consensus of £49.5 million, £11.2 million and £6.9 million, respectively. It intends to pay a second interim dividend.

Current stock price: 50.00 pence, up 2.0% in London on Friday

12-month change: down 55%

Copyright 2023 Alliance News Ltd. All Rights Reserved.