Directorate change

RNS Number : 9827W

Insig AI Plc

30 December 2021

 

30 December 2021

Insig AI plc

("Insig AI" or the "Company")

Directorate change

Insig AI plc, the data science and machine learning group, announces that it has been notified by non-executive director Peter Rutter that he will be resigning from the board, effective from 31 December 2021. The Company is in discussions regarding a potential replacement non-executive director.

Commenting, Peter Rutter said: "My decision to step down is a result of my increasing responsibilities and workload as Head of Equities at Royal London Asset Management. During my time as a non-executive director, I have enjoyed seeing the business develop to enable it to maximise its exciting potential. Whilst my commitments prevent me from retaining a more formal role at Insig AI, I look forward to continuing to support Insig AI in an informal and unpaid capacity."

Commenting, Chairman, Richard Bernstein said: "On behalf of the Board, I would like to thank Peter for his wise counsel since the Company's listing earlier this year. Given his responsibilities at Royal London Asset Management, I fully understand and respect his decision. I am grateful that the Company will still have access to Peter's assistance."

For further information, please visit www.insg.ai or contact:

Insig AI plc Steve Cracknell, CEO	Via SEC Newgate
Zeus Capital Limited   (Nominated Adviser & Broker) David Foreman / James Hornigold / Danny Philips	[phone]
SEC Newgate   (Financial PR) Robin Tozer / Tom Carnegie / Richard Bicknell	[phone] [e-mail]

 

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