GiG Software announces that Phil Richards, Chief Financial Officer, will leave the company with effect from 2 November.

The Board has established appropriate transition arrangements to ensure continuity across the Finance function, including the Company’s financial reporting and regulatory obligations.

Mr Richards will also remain available to provide transitional support as required.The Board has initiated the search for a successor and will provide a further update in due course.

The Company would like to thank Phil for his contributions over the past two and a half years and wishes him every success in his future endeavours.

Richard Carter, Chief Executive Officer of GiG, commented: “On behalf of management and the Board, I would like to thank Phil for his contribution to GiG. He has played an important role in the Company’s financial reporting, investor relations and corporate development activity, and we wish him well for the future.”

Phil Richards commented:“It has been a privilege to serve as CFO of GiG. I would like to thank Richard, the Board and my colleagues for this opportunity, and I am very confident the business is well placed for its next phase.”