Supply @ME Capital PLC James Coyle confirmed as Non-Executive Chair (3377R)
04 November 2021 - 06:00PM
UK Regulatory
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
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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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