GlobalBlock Digital Asset Trading Limited announced that Rufus Round steps down as member of the Company's Board of Directors. Patrick Bullman has been appointed as a director of the Company to fill the vacant seat on the Board resulting from the departure of Rufus Round. Patrick is one of the original founders of GlobalBlock Ltd. and has over 20 years' experience working in bond, equity and CFD markets as a broker.

Additionally, he founded Peregrine &Black Capital in 2012 and became a director of Peregrine &Black Investment Management in 2015. Mr. Bullman has also been appointed to the Audit Committee of the Company, which members now consist of Trevor Gabriel, Stuart Olley and Mr. Bullman. Samad Wali has been appointed as Corporation Secretary of the Company effective 18 October 2022.

Samad is a finance specialist with a strong focus on technology and digitization. He has worked on different fronts at the British Council, with his last role working as the head of financial planning and business analysis for the South Asia region. Samad holds an MBA in Finance degree from University of Wales and is a certified SAP FICO consultant.

Samad has previous experience of working with the Company and its business and is well placed to provide the required continuity to this role.