genedrive plc announced that the Group's Chief Financial Officer has notified the Board of his intention to stand down after five years in the role, in order to take up a position as Chief Financial Officer of musicMagpie plc. Matthew Fowler will continue to fulfil the role of Chief Financial Officer for a period of time and his formal departure date will be communicated in due course. In the meantime, the Board will commence the search for a successor.