SDL announced that Mark Lancaster, founder and CEO, will be stepping down with immediate effect and will be leaving on 31 Oct 2015. A formal search will commence shortly and in the interim period, David Clayton, currently Non-Exec Chairman will assume the role of Exec Chairman. The Board confirms that trading for the full year remains in line with expectations. Our unchanged 2015 PBT of £22m is comprised of a £31.4m PBT contribution from Language Services and a loss of £9.4m in Technology. We be ....

02 Oct 2015
CEO steps down, trading in line, Tech in for free at current levels

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CEO steps down, trading in line, Tech in for free at current levels
RWS Holdings plc (RWS:LON) | 88.2 -0.2 (-0.2%) | Mkt Cap: 326.2m
- Published:
02 Oct 2015 -
Author:
Singer CM Team -
Pages:
3 -
SDL announced that Mark Lancaster, founder and CEO, will be stepping down with immediate effect and will be leaving on 31 Oct 2015. A formal search will commence shortly and in the interim period, David Clayton, currently Non-Exec Chairman will assume the role of Exec Chairman. The Board confirms that trading for the full year remains in line with expectations. Our unchanged 2015 PBT of £22m is comprised of a £31.4m PBT contribution from Language Services and a loss of £9.4m in Technology. We be ....