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FFI Holdings Plc (ISE:FFI)

FFI Holdings Plc (ISE:FFI)


Share Price
39.800 p
Change
0.8 (2.05 %)
Market Cap
£62.81 m
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FFI Holdings Plc RNS Release

Resignation of CFO and Board Changes


RNS Number : 6646D
FFI Holdings PLC
11 October 2018
 

 

 

Press Release

                                                                                                                                                                       

FFI Holdings PLC

 

("FFI Holdings" or "the Company")

 

Resignation of CFO and Board Changes

 

London, 11 October 2018 - FFI Holdings PLC (AIM: FFI), the leading provider of diversified services to the makers of film, TV, mini-series and online media, announces that Timothy Trankina, has stepped down from his role as Chief Financial Officer of the Company and as an executive director from the board of directors with immediate effect to pursue other interests.

The Company also announces today that it has promoted Billy Cheung from Controller to CFO effective immediately. Mr Cheung will not be appointed to join the Company's board of directors.

James Terlizzi, Chairman of FFI Holdings, commented: "The Board appreciates Tim's contributions and wish him well in his future endeavors."

 

ENQUIRIES:                                                                                                           

FFI Holdings PLC

David Sasso, Head of Investor Relations

Tel: +1 1 310 275 7323

 

Hawthorn Advisors

Victoria Ainsworth, Hawthorn Advisors

Tel: +44 (0)20 3745 3815

 

Liberum (Nominated Adviser and Corporate Broker) 

Steve Pearce

Joshua Hughes

+44 (0) 3100 2000

 

This announcement contains inside information.

 

 

About FFI Holdings PLC

 

FFI Holdings PLC is the holding company of Film Finances Inc., a leading provider of diversified services across the entertainment industry. FFI was formerly focused on completion contracts to the entertainment industry, and over successive decades, has now grown globally to become a trusted, iconic brand at the centre of the film industry.

 

Founded in the 1950s, FFI soon established itself as the world leader in completion guarantees to the entertainment industry, offering assurance to financiers that productions will be completed on time and on budget. These guarantees serve to offload risks to production budgets and timelines for financiers, as well as for FFI through long-standing insurance relationships.

 

FFI listed on the AIM market in June 2017 and has diversified its business beyond completion contracts to provide services across the broader entertainment landscape. These include pre- and post-production services, general risk insurance, content investment and content distribution. FFI is also present in China, where it provides a growing range of entertainment-related services including completion contracts to the domestic film making industry.

 

Headquartered in Los Angeles, USA, FFI has 11 offices globally, including in London, Stockholm, Toronto, New York, Cape Town, Cologne and Shanghai.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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