Supply @ME Capital PLC Appointment of Independent Non-Executive Director (6060O)
13 June 2022 - 4:00PM
UK Regulatory
TIDMSYME
RNS Number : 6060O
Supply @ME Capital PLC
13 June 2022
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014
WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN UNION
(WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS
ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION
IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
13 June 2022
Supply@ME Capital plc
(The "Company" or "SYME")
Appointment of new Independent Non-Executive Director
Supply@ME Capital plc, the innovative fintech platform which
provides the Inventory Monetisation(c) service to manufacturing and
trading companies, is pleased to announce that the Board of
Directors proposes to appoint Mr Andrew Thomas as an Independent
Non-Executive Director with effect from the conclusion of the
Company's Annual General Meeting scheduled to take place at 11am on
30 June 2022.
Mr Thomas has over 20 years' experience in various business
advisory roles and during this time has worked across the US, UK,
EU and APAC regions, acquiring expertise of onshore and offshore
fund structuring and oversight, particularly in relation to tax and
regulatory issues. He also has extensive experience in mitigating
ESG risks while helping organisations to maximise ESG
opportunities. His proposed appointment to the Board follows the
RNS announcement of 6 June 2022 confirming the proposed appointment
of Mr Albert Ganyushin as the Company's new Independent
Non-Executive Chairman with effect from the conclusion of the
Company's Annual General Meeting.
SYME Chief Executive, Alessandro Zamboni, said:
"We continue to further strengthen the Supply@ME Board and are
looking forward to welcoming Andrew to the Company. We are
confident that his broad financial experience and specialist funds
expertise make him very well suited to helping guide the Company as
we move into the next stage of growth. I look forward to working
with him."
SYME Independent Non- Executive Director, Andrew Thomas,
said:
"I am pleased to be joining Supply@ME as an Independent
Non-Executive Director, having been drawn to its unique business
model and great potential. I am looking forward to working
alongside the current leadership team as the Company continues to
grow."
The following information is disclosed pursuant to the QCA
Corporate Governance Code and best practice:
Andrew Thomas holds or has held the following directorships,
partnerships and roles in the past five years:
Current Directorships or Partnerships Previous Roles
Transatlantic Regulatory Consulting Brandywine Global, an operating entity
of Franklin Templeton, Head of International
Legal and Chief Compliance Officer
Europe
---------------------------------------------
Close Brothers Asset Management,
General Counsel
---------------------------------------------
Katten Muchin Rosenman LLP, Global
Funds Lawyer
---------------------------------------------
Janus Henderson, Senior Lawyer
---------------------------------------------
Linklaters LLP, Lawyer
---------------------------------------------
Mr Thomas does not hold shares in the Company.
There is no further information to be disclosed pursuant to The
LSE Standard Listing Rulebook.
Notes
Supply@ME Capital PLC and its operating subsidiaries (together
the "Group") provide an innovative fintech platform (the
"Platform") for use by manufacturing and trading companies to
access inventory trade solutions enabling their businesses to
generate cashflow, via a non-credit approach and without incurring
debt. This is achieved by their existing eligible inventory being
added to the Platform and then monetised via purchase by third
party Inventory Funders. The inventory to be monetised can include
warehouse goods waiting to be sold to end-customers or
goods/commodities that are part of a typical import/export
transaction. SYME announced in August 2021 the launch of a global
Inventory Monetisation programme which will be focused on both
inventory in transit monetisation and warehouse goods monetisation.
This program will be focused on creditworthy companies and not
those in distress or otherwise seeking to monetise illiquid
inventories.
Contacts
Alessandro Zamboni, CEO, Supply@ME Capital plc,
investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780;
paul.vann@walbrookpr.com
Chanice Smith, Cicero/AMO, +44 (0)207 947 5328,
chanice.smith@cicero-group.com
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END
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