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FinnCap Commercial Chief Stelzer Resigns Amid Health Deterioration

Fri, 25th Jan 2019 09:27

LONDON (Alliance News) - Newly-listed investment City broker FinnCap Group PLC said Friday that Chief Commercial Officer Joe Stelzer had resigned due to health reasons.

Stelzer - who was only appointed in December - suffers from the inflammatory bowel disease, Crohn's, and has experienced a "recent deterioration in his condition".

Shares in FinnCap were untraded at 28.25 pence on Friday.

FinnCap made its initial public offering on the AIM market of the London Stock Exchange in early December 2018. The IPO was conducted at 28 pence per share, giving the broker a market capitalisation of GBP47.1 million at the time.

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