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JulyChill Brands boss suspended over use of inside information allegations
The chief executive of vape fell in water maker Chill Brands has been suspended amid allegations regarding the use of inside information.
London-listed Chill Brands told shareholders on Monday it had enlisted law firm Fieldfisher to investigate the allegations involving boss Callum Sommerton.
Chill Brands said it had started the search for If you have any thoughts pertaining to exactly where and how to use www.social-vape.com, you can you bring a vape into a concert speak 10 drops to ml us at our own web page. an interim chief executive, www.social-vape.com but the suspension of Sommerton does new vuse pod not working constitute disciplinary action, or imply any assumption of guilt or www.social-vape.com that any decision has been made.
The vaping firm said the suspension why does my smok vape says time over not constitute disciplinary action, juul or vuse imply any assumption of guilt or https://www.social-vape.com/ that any decision has been made.
The group, which is engaging with relevant authorities, https://www.social-vape.com including the Financial Conduct Authority, added that 'vendors, customers and https://www.social-vape.com/ shareholders should be assured that the company continues to operate as normal'.
Sommerton, a former intellectual property lawyer appointed as chief executive in 2022, told the Reuters news agency he was surprised and www.social-vape.com disappointed by the allegations.
He said: 'I am confident that I will be vindicated and will avoid further comment at this time to allow the process to run its course.'
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Chill Brands will report the investigation's findings 'in due course'.
The investigation is the latest blow for Chill Brands, https://www.social-vape.com/Alhayyat which in January saw its share price hammered after the Prime Minister revealed a ban on disposable vape hissing after hitsmokin hot vape products.
Chill Brands lost nearly a third of its value at the time, with shares dropping 30 per cent, wiping £4.6million do vapes go off in metal detectors at concerts its value and leaving it with a market capitalisation of just over £12million.
Having regained ground since the January sell-off, social-vape.com Chill Brands shares slumped another 18.trolls movie 3 where to watch per cent to 2.58p in early trading on Monday.
Chill Brands, which is trying to drive growth via a nicotine-free vaping project, has now lost more than 97 per cent of its value since its all-time share price high of 98p in March 2021.
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