Rosenblatt share price dives in wake of departing finance director
Specialist City law firm Rosenblatt saw its share price tumble as much as 12 per cent in morning trading today after the company's finance director said he was leaving the company for "personal reasons".
Rosenblatt, which became the fourth law firm to list on the London Stock Exchange when it floated for £42m in May, is to lose finance director Patrick Firebrace eight months after he joined.
Prior to his role at Rosenblatt, Firebrace served as chief financial officer at estate administration provider Kings Court Trust Ltd for four years.
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Chairman Stephen Davidson said: "The board would also like to thank Patrick for his help and support throughout the IPO process and wish him all the best for the future. Robert is a very experienced addition to the team while we complete the process of finding a high-quality permanent replacement for Patrick."
Firebace will be replaced by Robert Parker on an interim basis.