Bytes Technology Group Plc (GB:BYIT) has released an update.
Bytes Technology Group Plc has concluded its internal investigation, finding no evidence of misconduct beyond former CEO Neil Murphy’s unauthorized share dealings. Murphy has relinquished his performance shares and bonus entitlements and will repay his post-IPO bonuses, while the company has moved to strengthen its monitoring of director shareholdings. BTG will announce its annual financial results on May 23, following a year of focusing on cloud and security solutions.
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