TRYB Tribe Technology Plc

TIDMTRYB

RNS Number : 3080Z

Tribe Technology PLC

10 January 2024

Tribe Technology PLC

("Tribe Tech", the "Company" or the "Group")

Directorate change

Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, announces that Eric Hampel has notified the Company of his intention to step down as Chief Financial Officer ("CFO") and as a director of the Company, due to personal circumstances. Eric will remain as CFO and as a director of the Company until July 2024.

Eric will remain focused on running the Company's finance function and continue to support Tribe Tech during his six month notice period. Eric will also work to ensure the effective transition of his responsibilities to his successor with the intention that there will be an orderly handover period.

The Company has initiated a process to appoint a permanent successor and a further announcement will be made in due course.

Charlie King, Chief Executive Officer at Tribe Tech, stated:

"We would like to thank Eric for all his hard work during the last 4 years with the Company. Eric has supported the Company during several milestones, including successful fundraises, progress towards the first product line and the Company's IPO in September 2023. We wish him all the best for the future."

-END-

For further information, please visit www.tribetechgroup.com or contact:

 
 Tribe Technology PLC                                       via Tavistock 
 Charlie King, Chief Executive Officer 
 
 Allenby Capital Limited (Nominated Adviser 
  and Broker)                                            +44 20 3328 5656 
 John Depasquale / Vivek Bhardwaj / Lauren        info@allenbycapital.com 
  Wright (Corporate Finance) 
  Tony Quirke / Joscelin Pinnington (Sales & 
  Corporate Broking) 
 
 Tavistock (Financial PR)                                +44 20 7920 3150 
 Gareth Tredway / Rebecca Hislaire / Saskia     tribetech@tavistock.co.uk 
  Sizen 
 

About Tribe Tech

Established in 2019, the Group was founded to create a safer, more efficient work environment through the development of fully autonomous reverse circulation drill rigs in the mining industry. The Group's core activities are the development, in-house manufacturing, and sale of its autonomous RC Drill Rigs incorporating its core proprietary intellectual property, the Tribe Technology Drilling System ("TTDS").

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(END) Dow Jones Newswires

January 10, 2024 12:25 ET (17:25 GMT)

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