4th Sep 2015 15:28
LONDON (Alliance News) - Allied Minds PLC Friday said Mark Pritchard, president, executive director and founder of the research commercialisation company, has resigned.
The formal resignation follows on from Pritchard's statement in the company's last full year results where he said he intended to step down. However, Pritchard also said he desires to "remain involved" in the company "in some capacity".
Allied Minds did not state whether Pritchard would leave his position immediately or any news concerning a replacement.
"I am delighted that Mark will continue to assist the board and the company in an advisory capacity," said Chairman Peter Dolan.
Allied Minds shares were down 1.9% to 466.42 pence per share on Friday.
By Joshua Warner; [email protected]; @JoshAlliance
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