IN BRIEF: Crimson Tide chair to step down, replacement search begins

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Crimson Tide PLC - Kent, England-based software developer - Says Chair Jacqueline Daniell is stepping down from the company. Daniell will continue in the role to support transition plans until Crimson Tide’s annual general meeting in June, or when a new chair is appointed.

Senior Independent Director James Joyce said: ‘I would like to pay tribute to the contribution that Jacqueline has made to Crimson Tide. She has served as a non-executive director and stepped into the role of CEO, and following that, Chair when called upon. I am personally grateful for her input. She leaves with sincere thanks from all directors.’

Current stock price: 67.90 pence, down 3.0%

12-month change: down 58%

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