REG - Anexo Group PLC - Board Changes

AnexoAnnouncement

11/05/2022 07:00

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RNS Number : 0222L  Anexo Group PLC  11 May 2022

     11 May 2022

 

Anexo Group plc

('Anexo' or the 'Group')

 

Board Changes

 

 

Anexo Group plc (AIM: ANX), the specialist integrated credit hire and legal
services provider, announces the following changes to its Board of Directors:

 

Dr Julian Addison and Mike Branigan will be appointed to the Board with
immediate effect, having been nominated by DBAY Advisors Limited ("DBAY")
under the terms of the shareholder agreement announced on 12 November 2020.
The shareholder agreement gives DBAY the right to appoint up to three
Non-Executive Directors and therefore Brian Corrway, who joined the Board as
an appointee of DBAY in November 2021, will step down from the Board with
immediate effect.

 

Liz Sands is also standing down from the Board with immediate effect. Liz has
been a member of the Board since the IPO in June 2018 and the Board would like
to thank her for her time and insights during that period. The Company will
look to fill her former sub-committee positions on the Risk and Regulation and
Remuneration Committees in due course.

 

The following additional information is being provided in accordance with
paragraph (g) of Schedule Two to the AIM Rules for Companies:

 

Full Name : Dr Julian Alston Addison

Age : 49

Current Directorships/Partnerships:

Unlimited Marketing Group Ltd

Notano Topco Limited

Telit IOT Solutions Holdings Limited

Telit IOT Solutions Limited

Telit IOT Limited

Telit Communications Limited

Telit IOT Solutions Inc

 

Directorships/Partnerships  in past 5 years:

None

 

Shareholding in Anexo: Nil

 

 

Full Name : Michael Jordan Branigan

Age: 66

Current Directorships/Partnerships:

Proactis Topco Ltd

Proactis Bidco Ltd

Nash Squared Holdings Limited

DBAY UK Ltd

 

Directorships/Partnerships in past 5 years:

Alpha Casiopelae Ltd

Eddie Stobart Ltd

ESLL Group Ltd

Iforce Group Ltd

The Pallet Network Ltd

Greenwhitestar Acquisition Ltd

Unlimited Marketing Group Ltd

Future Screen Partners No 1 LLP

Digital Unlimited Group Ltd

 

Shareholding in Anexo: Nil

 

 

There is no further information that falls to be disclosed in relation to
either new Director's appointment pursuant to AIM Rule 17, paragraph (g) of
Schedule Two of the AIM Rules for Companies

 

End

For further enquiries:

 Anexo Group plc                                        +44 (0) 151 227 3008

                                                        www.anexo-group.com (http://www.anexo-group.com)
 Alan Sellers, Executive Chairman

 Mark Bringloe, Chief Financial Officer

 Nick Dashwood Brown, Head of Investor Relations

 WH Ireland Limited

 (Nominated Adviser & Joint Broker)

 Chris Hardie / Darshan Patel / Enzo Aliaj (Corporate)  +44 (0) 20 7220 1666

 Fraser Marshall / Harry Ansell (Broking)               www.whirelandplc.com/capital-markets
                                                        (http://www.whirelandplc.com/capital-markets)

 Arden Partners plc

 (Joint Broker)
 John Llewellyn-Lloyd / Louisa Waddell (Corporate)      +44 (0) 20 7614 5900

 Tim Dainton (Equity Sales)                             www.arden-partners.co.uk (http://www.arden-partners.co.uk)

 

Notes to Editors:

 

Anexo is a specialist integrated credit hire and legal services provider.
The Group has created a unique business model by combining a direct capture
Credit Hire business with a wholly owned Legal Services firm.  The integrated
business targets the impecunious not at fault motorist, referring to those who
do not have the financial means or access to a replacement vehicle.

 

Through its dedicated Credit Hire sales team and network of 1,100 plus active
introducers around the UK, Anexo provides customers with an end-to-end service
including the provision of Credit Hire vehicles, assistance with repair and
recovery, and claims management services.  The Group's Legal Services
division, Bond Turner, provides the legal support to maximise the recovery of
costs through settlement or court action as well as the processing of any
associated personal injury claim.

 

The Group was admitted to trading on AIM in June 2018 with the ticker ANX.

 

For additional information please visit: www.anexo-group.com
(http://www.anexo-group.com/)

 

 

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