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Felix Group Holdings Ltd (ASX:FLX)

ALERT: Price-sensitive ASX Announcement for FLX
Current share price for FLX : $0.034 -0.091 (-72.80%)+
Announcement
Release
5 Mar 2026 3:24PM
Price at Release
$0.125
Full Release
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Summary
On 5 March 2026, Felix Group Holdings Ltd announced the appointment of Chris Atkin as Chief Executive Officer, effective 1 April 2026. With over 20 years of experience in technology and software businesses, Mr. Atkin was previously the CEO of Rezdy and CFO at CommStrat. The Board of Directors expressed confidence in his ability to drive Felix’s growth strategy, focusing on integrating Nexvia into the Felix platform and ensuring capital discipline. The employment agreement includes a fixed remuneration of $350,000, a potential short-term incentive of up to $350,000 based on KPIs, and 15,000,000 performance rights in four tranches.
Key Points
  • Chris Atkin appointed as CEO of Felix Group Holdings Ltd, effective from 1 April 2026.
  • Mr. Atkin brings over 20 years of experience in technology and software businesses.
  • He has a history of leading teams through growth and transformation phases.
  • The appointment was announced on 5 March 2026 by Felix Group Holdings Ltd.
  • Mr. Atkin has previously held roles such as CEO of Rezdy and CFO at CommStrat.
  • The employment contract includes a fixed remuneration of $350,000, excluding superannuation.
  • Short term incentive of up to $350,000 based on achieving specific KPIs.
  • 15,000,000 performance rights will be issued in four tranches, convertible to ordinary shares.
  • Focus areas include integrating Nexvia into Felix platform and capital discipline.
  • Chairman Dominic O’Hanlon expressed confidence in Mr. Atkin's ability to enhance Felix's growth strategy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.