Chill Brands Group PLC (GB:CHLL) has released an update.
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Chill Brands Group PLC has announced significant internal upheaval, including the departure of Non-Executive Director Eric Schrader and unauthorized actions by former executives Russo and Taylor involving asset transfers and unapproved payments. The Company is taking legal steps to recover assets and funds, and has suspended trading of its shares until a full financial update is possible. Shareholders have been assured that efforts are underway to rectify the situation and regain the company’s positive trajectory.
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