Keybridge Capital Limited announced that Mr. Simon Cato is no longer a director of the company as a direct consequence of his actions in failing to attend any meetings of directors for 3 consecutive months, since 16 October 2019, without requesting any leave of absence during this time. Accordingly, pursuant to clause 8.2(d) of the Company's constitution, Mr. Cato has automatically vacated office. Whilst Mr. Cato initially accepted the position that he had vacated office due to his absence, thereby relinquishing his role as director, the company has subsequently received a letter from Mr. Cato's lawyers indicating that this position is being challenged.