LONDON - David Meaden will step down as Chief Executive Officer of Idox Plc and resign as a director on May 29, according to a press release from Frankel UK Bidco Limited.
The retirement follows the completion of a takeover offer by Frankel, a company indirectly owned by funds managed by Long Path Partners. The offer was declared unconditional on April 21, 2026.
Meaden’s departure is scheduled to coincide with the proposed cancellation of Idox’s listing on AIM on May 29, 2026. Jonathan Legdon, currently Chief Operating Officer at Idox, is expected to succeed Meaden as CEO.
Meaden will continue to lead the business until his departure date and will support the transition to Legdon, the statement said.
