REG - Anexo Group PLC - Directorate Change

AnexoAnnouncement

26/07/2022 07:00

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RNS Number : 6705T  Anexo Group PLC  26 July 2022

 For immediate release  26 July 2022

 

Anexo Group plc

('Anexo' or the 'Group')

 

Directorate Change

 

Anexo Group plc (AIM: ANX), the specialist integrated credit hire and legal
services provider, today announces that Mark Bringloe is stepping down as a
Director and Chief Financial Officer and will be leaving the Group in order to
pursue other opportunities.

 

Mark joined Anexo in 2009 and helped lead the business through its successful
IPO in 2018. He has been instrumental in building the finance function and
embedding financial systems within the business. Mark will remain with the
Group on a consultancy basis for an initial period of three months to ensure a
smooth transition. The Board thanks Mark for his significant and valuable
contribution and wishes him well with his future endeavours.

 

The Board is delighted to announce that the position of Chief Financial
Officer will be filled by Mark Fryer who will join the Group on 1 August 2022.
Mark brings a significant breadth of financial expertise across a broad range
of both listed and private companies. The Board intends to appoint Mark as a
Director upon completion of the necessary AIM Rule requirements.

Most recently, Mark held the position of Group Finance Director at Augean plc,
a leading UK specialist waste management business, where he joined the Board
in December 2016. Prior to this he was Group Finance Director of Dialight PLC
and Manganese Bronze Holdings PLC. He also held the position of Interim Chief
Finance Officer of two private equity owned businesses, Bridon International
Ltd and Nualight Limited.

Alan Sellers, CEO of Anexo, said: "We are delighted to welcome Mark Fryer to
the Group. His considerable experience of both public and private companies
will be of significant help to us as we continue to grow the business and seek
to create value for all shareholders. I would also like to thank Mark Bringloe
for his major contribution to the Group's development."

 

Mark Fryer, CFO of Anexo, said: "Anexo is a unique business with an excellent
reputation and a robust business model which has proved its worth over many
years. I am delighted to be joining the team as it builds on its existing
credit hire and litigation model and look forward to contributing to its
future growth."

 

 

For further enquiries:

 Anexo Group plc                                        +44 (0) 151 227 3008

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

 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
                                                        (https://url.avanan.click/v2/___https:/eu-west
                                                        -1.protection.sophos.com?d=whirelandplc.com&u=aHR0cDovL3d3dy53aGlyZWxhbmRwbGMuY29tL2NhcGl0YWwtbWFya2V0cw==&i=NWNkOTc2NmM5OWJhMjAxMDhmN2IyYzQ1&t=SXVCMnArbXpCUWFUR3hiN0dhVjR5Q3d4VDNrTGVJc1JZVXNxWVRpbE8zcz0=&h=0482e68813aa4f569a47aab5cdad04d1___.YXAxZTp3aGlyZWxhbmRwbGMyOmE6bzpjYjY3ZDZhNTE1ZmUwZTA0Zjg3MDFkYTJhYTAxZGMyNDo2OmU0NjA6M2ViNTgwYzkxMmM5NTFlMzUyMzM1ODhlNzcyOGFhMjZhNjI0OTkzOGRkOTkzZjQ5NTUzNjFjYzE5N2UwYTBkNzpoOlQ)

 Arden Partners plc

 (Joint Broker)                                         +44 (0) 20 7614 5900

 John Llewellyn-Lloyd / Louisa Waddell (Corporate)      www.arden-partners.co.uk (http://www.arden-partners.co.uk)

 Tim Dainton (Equity sales)

 

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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