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IN BRIEF: Anemoi International COO departs after id4 buy from Thalassa

ALN

Anemoi International Ltd - British Virgin Islands-based holding company - Chief Operating Officer Remy Schimmel will leave Anemoi at the end of the month. Chair Duncan Soukup will cover COO duties with support from two executives. Soukup also is founder and executive chair of Thalassa Holdings Ltd, from which Anemoi recently bought its operating subsidiary, financial software firm id4 AG. Schimmel was the chief financial officer of id4. "The decision to part company with Remy was by mutual consent," Soukup says. "The recent fundraise leaves the company with a strong but limited balance sheet. It was, therefore, decided, in the best interest of all stakeholders, to reduce fixed overhead and rather focus on revenue growth."

Current stock price: 3.00 pence, down 4.8%

12-month change: down 33%

By Tom Waite; thomaslwaite@alliancenews.com

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