TIDMSYME

RNS Number : 3377R

Supply @ME Capital PLC

04 November 2021

4 November 2021

Supply@ME Capital plc

(The "Company" or "SYME")

James (Jim) Coyle confirmed as Non-Executive Chair

Following the appointment, on 28 October 2021, of Mr James (Jim) Coyle as the Company's Independent Non-Executive Chairman, Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation(c) service to manufacturing and trading companies, is pleased to provide the following information pursuant to the QCA Corporate Governance Code and best practice:

James Coyle (aged 65) holds or has held the following directorships or partnerships in the past five years:

 
 Current Directorships or                   Previous Directorships or Partnerships 
  Partnerships 
 HSBC UK Bank plc                           HSBC Private Bank (UK) Limited 
                                           --------------------------------------- 
 HSBC Trust Company (UK) Limited            World First UK Limited 
                                           --------------------------------------- 
 Marks and Spencer Financial                Scottish Building Society 
  Services plc 
                                           --------------------------------------- 
 Marks and Spencer Unit Trust               HSBC Bank plc 
  Management Limited 
                                           --------------------------------------- 
 Honeycomb Investment Trust 
  plc 
                                           --------------------------------------- 
 Scottish Water/ Scottish 
  Water Horizon Holdings Limited/Scottish 
  Water Business Stream Holdings 
  Limited 
                                           --------------------------------------- 
 Deloitte LLP 
                                           --------------------------------------- 
 

Mr Coyle does not hold shares in the Company.

There is no further information to be disclosed pursuant to the London Stock Exchange 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 program 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

Brian Norris, Cicero/AMO, +44 (0)20 7947 5317 brian.norris@cicero-group.com

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END

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