Thalassa Holdings LtdThalassa Holdings Ltd(Reuters: THAL.L, Bloomberg: THAL:LN)("Thalassa", "THAL" or the "Company")Thalassa Board reaches agreement with Newmark Security plc (“NWT”) Board on reconstitution of the NWT BoardThe THAL Board welcomes the proposed changes to the NWT Board, as announced in NWT’s RNS of today’s date (Update re. In light of these constructive developments, the Thalassa Board announces it has agreed to withdraw its vote against the re-appointment of Mr. Yap, both as a sign of compromise, but also as a clear indication of our willingness to work constructively with the Boards of our investee companies. We are grateful for the assurances that we have received that the proposed reconstitution of the NWT Board will lead to closer alignment of Management’s compensation with the profitability attributable to the Company’s shareholders. We look forward to working constructively with NWT’s board for the benefit of all NWT shareholders. On behalf of all shareholders, I would like to thank the NWT Board for its very constructive response to the issues raised by us.