Board Changes
Summary by AI BETAClose X
This announcement contains inside information for the purposes of the UK Market Abuse Regulations ('UK MAR'). Upon publication of this announcement, this inside information (as defined in UK MAR) is now considered to be in the public domain.
13 October 2026
Mollyroe Plc
("Mollyroe" or the "Company")
Board Changes
Mollyroe plc (AQSE: MOY), which owns Cascade, the AI-native production platform built for filmmakers, creators, agencies and brands, announces that, following completion of the acquisition of Cascade Holding Limited, Paul Ryan, formerly an Executive Director of Mollyroe, has today become a Non-Executive Director of the Company and that Noel Lyons will step down from the Board as Non-Executive Director with effect from 15 October 2026. Noel’s prior focus was on working to secure a suitable acquisition target to transform the Company from an investment company into an operating business.
Commenting on the Board Changes, Dominic Wheatley, Non-Executive Chairman of the Company, said: “I would like to thank Noel Lyons for his valued contribution and commitment to the Company during his tenure, and particularly through the recent acquisition process. On behalf of the Board, I wish him all the best in his future endeavours.”
Issue of Equity
On 15 October 2026 (after the Company’s 1 for 10 share consolidation has become effective), Mr Lyons will be issued with 985,319 new ordinary shares in the Company (“New Ordinary Shares”) in lieu of notice and outstanding director’s fees. Application will be made for the New Ordinary Shares to be admitted to trading on Aquis and it is expected that admission will become effective and that dealings in the New Ordinary Shares will commence at 8.00 a.m. on 16 October 2026. The New Ordinary Shares will, on admission, rank pari passu in all respects with the existing ordinary shares in the Company and will rank in full for all dividends and other distributions hereafter declared, paid or made on the ordinary share capital of the Company.
ENDS
For further information, please contact:
Mollyroe plc
Darren Hopkins, Chief Executive Officer
+44 (0) 7595 641 591
Cairn Financial Advisers LLP – Aquis Corporate Adviser
Mark Anwyl
Ed Downes
+44 (0) 20 7213 0880
Fortified Securities – Lead Broker
Guy Wheatley
Guy.Wheatley@Fortifiedsecurities.com
Yellow Jersey PR
Charles Goodwin
Alex Crean
+44 (0) 20 3004 9512
About Cascade
Cascade is an all-in-one production platform built to scale professional-grade productions. It takes projects from first idea to finished film, series or micro-drama - in one place, with one subscription. Write the script, develop storyboards, create the assets, generate video and audio, and polish the final edit without switching between apps or losing the thread of a project.
Built by a multi-award-winning team with deep roots in filmmaking, VFX and virtual production, Cascade connects every stage of the creative process through a single environment. Proprietary AI and asset-management technology keep characters, worlds and creative decisions consistent from scene to scene - delivering the control and quality of a professional production, without the cost or complexity.
One platform. Every stage. Total creative control.
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