TIDMHOYE

RNS Number : 1521M

Honye Financial Services Ltd

19 May 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS THE SAME HAS BEEN RETAINED IN UK LAW AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

19 May 2022

Honye Financial Services Ltd

( " Honye" or the " Company")

Appointment of Non-executive Director

Honye Financial Services Ltd, a special purpose acquisition company formed to undertake one or more acquisitions of businesses in the financial services and financial technology sector, is pleased to announce that John Treacy has been appointed as a Non-executive Director of the Company with immediate effect. The Company is also pleased to confirm that Shaun Carew-Wootton has assumed the role of Non-executive Chairman of the Company.

Mr Treacy is an experienced financier who specialises in working with growing companies. He qualified as a solicitor in the London office of a major international law firm where he specialised in Capital Markets and Mergers & Acquisitions. From there he moved to practice corporate finance in the advisory teams of several prominent UK brokerages where he acted as an adviser to a number of AIM companies and advised on numerous IPOs, acquisitions, debt restructurings and placings.

Mr Treacy does not currently hold any equity in the Company.

Further information on John Treacy (aged 40):

 
 Current Directorships            Previous Directorships 
 Ananda Development Plc           AIK Energy Ltd 
  Cizzle Biotechnology Holdings    Supply@Me Capital plc (formerly Abal 
  plc                              Group plc) 
  YTC Consultancy Services Ltd     Central Rand Gold Limited (Guernsey) 
  72 Richmond Hill Limited         China Sports Development Ltd (BVI) 
  URA Holdings PLC                 Digitalbox plc (formerly Polemos plc) 
                                   Eight Capital Partners plc (formerly 
                                   Monreal plc) 
                                   Palermo Football Club S.p.A (Italy) 
                                   Pineapple Power Corporation plc 
                                   South African Property Opportunities 
                                   plc (Isle of Man) 
                                   Sport Capital Group Holdings Limited 
                                   (dissolved) 
                                   Sport Capital Group Investments Limited 
                                   Evrima plc (formerly Sport Capital 
                                   Group plc) 
                                   Prefcap Ltd 
                                   Unione Sportiva Città di Palermo 
                                   S.p.A (Italy) 
                                   Epsion Capital Limited

Mr Treacy was appointed as a director of Sport Capital Group Holdings Limited on incorporation on 20 December 2018. This company was placed into a solvent members' voluntary liquidation on 31 May 2019 and on 24 July 2020, the company was dissolved. Mr Treacy was a director of Unione Sportiva Città di Palermo S.p.A. for approximately five weeks between the dates of 31 December 2018 until 4 February 2019. Unione Sportiva Città di Palermo S.p.A. was declared bankrupt by the Court of Palermo on 18 October 2019. Mr Treacy was subsequently issued with a nine-month suspension from the management of Italian football clubs on 3 September 2020 by La Corte Federale d'Appello following the bankruptcy of Unione Sportiva Città di Palermo S.p.A. Mr Treacy appealed this ruling to the Collegio di Garanzia dello Sport. The Collegio di Garanzia dello Sport, being the senior court, upheld his appeal, and reversed the decision of La Corte Federale d'Appello, resulting in the decision being overturned and Mr Treacy being exonerated.

The Directors accept responsibility for this announcement.

-END-

Enquiries:

 
 Honye Financial Services Ltd   shaun@rosellecapital.com 
  Shaun Carew-Wootton 
 Peterhouse Capital Limited           Tel: 020 7469 0933 
  (sole broker) 
  Lucy Williams/Mark Anwyl

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END

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May 19, 2022 09:55 ET (13:55 GMT)

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