Directorate change

Summary by AI ^BETAClose X

Adalan Ventures Plc announced the immediate resignation of Non-Executive Director Paul Auger, who is stepping down to pursue other interests and facilitate the appointment of new directors as part of an upcoming reverse takeover of Topos. Auger served the company for six years, providing sector expertise and challenging the business. The company's CEO expressed gratitude for Auger's contributions and stated that Adalan Ventures is progressing towards the completion of the Topos acquisition and intends to bring new skill sets to the board upon its conclusion.

Disclaimer*

Adalan Ventures PLC

03 March 2026

Not for release or distribution, directly or indirectly, within, into or in the United States or to or for the account or benefit of persons in the United States, Australia, Canada, Japan or any other jurisdiction where such offer or sale would violate the relevant securities laws of such jurisdiction.

THIS ANNOUNCEMENT WAS DEEMED BY THE COMPANY TO CONTAIN INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. WITH THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

3 March 2026

Adalan Ventures Plc

("Adalan" or the "Company")

Resignation of Non-Executive Director

Adalan Ventures plc (the "Company" or "Adalan") announces that Paul Auger has stepped down from the position of Non-Executive Director with immediate effect in order to pursue other interests and make way for a new directors as part of the upcoming RTO of Topos.

The board of directors and all stakeholders wishes to thank Paul for his six years of service guiding the Company through its progression to the cusp of completing a game changing acquisition.

CEO statement:

Siro Cicconi commented:

"I would personally like to thank Paul for his contribution to the Company over the last 6 years. Paul has been a good independent voice who brought sector expertise and challenge to the business. Adalan is continuing to progress towards executing a reverse take over of Topos and will look to bring new skill sets on to the Board upon the completion of the acquisition. The continuing Board would like to wish Paul every success for the future and thank him for his service over the years "

Enquiries:

Adalan Ventures Plc
Siro Cicconi	Tel: +44 (0) 73 9377 9849


Strand Hanson Limited	Tel: +44 (0) 20 7409 3494
Christopher Raggett
Abigail Wennington
Imogen Ellis

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