REG - Distribution Finance - Appointment of Chief Financial Officer Designate

Distribution Finance Capital HoldingsAnnouncement

03/04/2025 07:00

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RNS Number : 4283D  Distribution Finance Cap. Hldgs PLC  03 April 2025

3 April 2025

 

Distribution Finance Capital Holdings plc

("DF Capital" or the "Company" together with its subsidiaries the "Group")

 

Appointment of Chief Financial Officer Designate

 

Distribution Finance Capital Holdings plc, a specialist bank providing working
capital solutions to dealers and manufacturers across the UK, is delighted to
announce that, following a comprehensive search process, it has appointed
Sameera Khaliq as Chief Financial Officer designate from 1 May 2025.

Sameera will succeed Gavin Morris who, as announced on 4 October 2024, will be
retiring from the Group, effective 31 December 2025. Following her appointment
as Chief Financial Officer designate, Sameera will begin an extended period of
handover from Gavin Morris.

Sameera's appointment as Chief Financial Officer and Executive Director to the
Board of the Company is subject to the requisite regulatory approvals being
granted and the satisfactory completion of due diligence by the Company's
nominated adviser. A further announcement noting her formal appointment as
Chief Financial Officer and Executive Director to the Board of the Company
will be made at the appropriate time and will include the requisite Schedule
2(g) disclosures required under the AIM Rules for Companies.

Sameera brings almost two decades of financial services and regulated lending
experience to the Company, having held senior financial leadership positions,
most recently at Skipton Building Society where she was responsible for all
elements of finance across substantial business lines. Sameera also held a
non-executive director position at the Leeds Credit Union until recently, has
been advising a fintech start-up on its capital raise and currently holds a
non-executive director role at Ecology Building Society.

Carl D'Ammassa, Chief Executive, commented: "I am delighted to welcome Sameera
to the firm. Sameera brings extensive financial leadership experience,
covering all elements of the bank's balance sheet including regulated lending.
Her experience working for high quality companies of significant scale, who,
like DF Capital have demonstrated a strong focus on growth whilst optimising
returns will be invaluable to us as we enter this next phase of our strategic
plan.  Whilst excited to see Sameera join us, I would also like to take this
opportunity to thank Gavin again for his leadership and significant
contribution to the Company, which has helped us reach this exciting stage in
our journey."

Sameera Khaliq, incoming Chief Financial Officer designate, commented: "I am
truly excited to join DF Capital at this pivotal moment in its journey. It has
built a strong foundation of growth, innovation, and a dynamic culture that
fosters collaboration and excellence. I look forward to using my experience to
support the continued success of the business."

 

For further information contact:

 Distribution Finance Capital Holdings plc
 Carl D'Ammassa - Chief Executive Officer                                  +44 (0) 161 413 3391
 Kam Bansil - Head of Investor Relations                                   +44 (0) 7779 229508
 http://www.dfcapital-investors.com (http://www.dfcapital-investors.com/)

 Panmure Liberum Limited (Nomad and Broker)                                +44 (0) 203 100 2000
 Chris Clarke
 William King

 Alma Strategic Communications                                             +44 (0) 203 405 0235
 Josh Royston
 Hilary Buchanan
 Hannah Campbell

 Sarah Peters

 

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