Zoyo Limited has issued a formal change of directorship notification confirming that David Powell, an Executive Director of the company, is no longer a director of 91B Grosvenor Freehold Limited. The announcement, released on 9 November 2026, was classified by Zoyo as inside information under UK Market Abuse Regulation. The disclosure is a regulatory requirement and investors may be watching for any further context regarding Powell's ongoing role at Zoyo itself or the significance of the 91B Grosvenor Freehold Limited connection to the company's operations.

Key Points

  • Zoyo Limited (HOYE) issued a Change of Directorship Notification on 9 November 2026
  • Executive Director David Powell has ceased to be a director of 91B Grosvenor Freehold Limited
  • The company classified the disclosure as inside information under UK MAR via the European Union (Withdrawal) Act 2018
  • Investors may be watching for clarification on the relationship between 91B Grosvenor Freehold Limited and Zoyo's core business activities

David Powell's Departure from 91B Grosvenor Freehold Limited Board

Zoyo Limited confirmed via a regulatory news service announcement that David Powell, who retains his position as an Executive Director of Zoyo, has stepped down from his directorship at 91B Grosvenor Freehold Limited. The announcement does not state the reason for the change, the date on which the departure took effect, or any financial implications associated with the move. The company did not disclose this figure in the announcement regarding any potential board restructuring costs or associated commercial arrangements linked to 91B Grosvenor Freehold Limited. Shaun Wootton is listed as the company contact for this disclosure.

Zoyo's Market Abuse Regulation Classification and LEI Disclosure

Zoyo Limited has treated this directorship change as inside information for the purposes of Article 7 of EU Market Abuse Regulation No. 596/2014, retained within UK domestic law following the European Union (Withdrawal) Act 2018. The company's Legal Entity Identifier is recorded as 213800PS7ZTYIWJWJC22. Classifying a directorship change at a connected entity as inside information indicates that Zoyo considers the matter potentially price-sensitive, though the announcement provides no further elaboration on the commercial or strategic significance of 91B Grosvenor Freehold Limited to the group's activities.

What the Announcement Reveals About Zoyo's Corporate Structure

The reference to 91B Grosvenor Freehold Limited within a regulatory notification suggests a formal corporate relationship between Zoyo and this entity, though the precise nature of that relationship is not explained in the announcement. The company operates under the trading contact domain zoyoglobal.com and is identifiable by its LEI code. No revenue figures, operational updates, or strategic commentary accompany this disclosure. Investors seeking to understand the full scope of Zoyo's corporate interests may wish to review Companies House filings relating to 91B Grosvenor Freehold Limited for additional context on its structure and purpose.