MUSICMAGPIE – MMAG – CORPORATE UPDATE

musicMagpie, a leading re-commerce business in the UK and US specialising in refurbished consumer technology, is pleased to provide an update on its process to appoint a Chief Financial Officer ("CFO").

Following Ian Storey's promotion to Group Chief Operating Officer at IPO, the Board confirms that it has held discussions with a number of potential candidates for the CFO position.  The recruitment process remains ongoing, with a shortlist of high quality candidates well progressed and as soon as an appointment is made, the Group will make a subsequent announcement.