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BUZZ-Pace Plc: Down on CFO departure

Reuters - UK Focus

July 30 (Reuters) - ** Shares (Frankfurt: DI6.F - news) in Pace Plc (Other OTC: PCMXF - news) , a British set-top box maker shares, on track for worst day in about 4 months after CFO steps down.

** Pace shares down 7%, worst performers on the FTSE 250 .

** Liberum analysts said sudden departure of highly regarded CFO may suggest internal disagreements over strategy.

** The company's customers include Sky Deutschland AG (Other OTC: SKDTF - news) , AT&T Inc (Xetra: A0HL9Z - news) , Comcast Corp and DirecTV (NasdaqGS: DTV - news) .

** Pace expects full-year profit and cash flow to exceed previous guidance, driven by new product launches and contract wins. (RM (LSE: RM.L - news) : noor.hussain.thomsonreuters.com@reuters.net)