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Non-Standard Fin - Directorate Change

RNS Number : 0700A
Non-Standard Finance PLC
25 September 2020
 

 

 

 

Non-Standard Finance plc

('NSF', 'Company' or 'Group')

Directorate change

25 September 2020

 

NSF is pleased to announce the appointment of Toby Westcott as a Director of the Company from 1 October 2020.  Toby will also join the Board's Audit, Risk, Remuneration and Nominations & Governance Committees.  The Board also announces that it has been informed by Professor Heather McGregor that she will not be standing for re-election at the Company's 2021 Annual General Meeting and so will step down from the Board at that point.

Toby Westcott is a Partner at Alchemy Partners, the Group's 29.95% shareholder having joined Alchemy in 2008 from Hawkpoint Partners where he specialised in mergers and acquisitions in the financial services sector.  Toby has a degree in Mathematics from the University of Warwick and is a Chartered Accountant having also spent part of his previous career in corporate finance at Grant Thornton.  There is no further information that is required to be disclosed under paragraph 9.6.13R of the Listing Rules.

Commenting on today's announcement, John van Kuffeler, Group Chief Executive, said:

"I would like to welcome Toby to the Board who I know will be a valuable addition given his considerable experience of the UK financial services sector and given Alchemy's previous investment in Everyday Loans, the Group's largest business."

For more information:

Non-Standard Finance plc

Peter Reynolds, Director, IR and Communications


+44 (0) 20 3869 9026

 

Maitland/AMO

Neil Bennett

Andy Donald

Finlay Donaldson

+44 (0) 207 379 5151

 

 

 

 

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Quick facts: Non-Standard Finance PLC

Price: 4.4

Market: LSE
Market Cap: £13.75 m
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