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Record plc Announces Strategic Board Changes Amid Transition

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Record plc Announces Strategic Board Changes Amid Transition

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An announcement from Record plc ( (GB:REC) ) is now available.

Record plc has announced several changes to its board of directors, reflecting its transition to a more diverse asset management company. Dr. Othman Boukrami has been appointed as an Executive Director of Record Currency Management Limited, while Nick Adams will join the Board as a Non-Executive Director starting January 2026. Additionally, Chief Financial Officer Richard Heading will step down at the end of March 2026, and Kevin Ayles, Chief of Staff, will leave the Board but continue in a reduced capacity. These changes are part of Record’s strategic growth plans and aim to align its leadership with its evolving business model.

The most recent analyst rating on (GB:REC) stock is a Buy with a £60.00 price target. To see the full list of analyst forecasts on Record plc stock, see the GB:REC Stock Forecast page.

Spark’s Take on GB:REC Stock

According to Spark, TipRanks’ AI Analyst, GB:REC is a Outperform.

Record plc’s overall score is driven by its strong valuation and financial stability, despite technical indicators suggesting a bearish trend. The company’s high dividend yield and strategic corporate events further support its potential for long-term growth.

To see Spark’s full report on GB:REC stock, click here.

More about Record plc

Record plc is a specialist currency and asset manager that is transitioning from being solely a currency manager to a more diverse asset manager providing a range of services to institutional investors.

Average Trading Volume: 185,604

Technical Sentiment Signal: Sell

Current Market Cap: £102.4M

See more data about REC stock on TipRanks’ Stock Analysis page.

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