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RNS Number : 6341V Eight Capital Partners PLC 11 August 2022
The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the UK Market Abuse
Regulation. Upon the publication of the announcement via a regulatory
information service, this information is considered to be in the public
domain.
11 August 2022
Eight Capital Partners plc
("ECP", "Eight Capital" or "the Company")
Directorate Changes
Eight Capital (AQSE: ECP), the financial services operating company that aims
to grow revenue through businesses engaged in "Fintech" operations, from
digital banking services, through to blockchain-backed disruptive finance
companies, announces the following Directorate changes which will take
immediate effect.
Mr David Bull is stepping down from the Board as Chief Executive Officer. He
joined ECP as a Non-executive Director in June of last year and was appointed
CEO in September. He will leave the Board on 12(th) August 2022.
Mr Luciano Maranzana has been appointed to the board as a Non-executive
Director. Mr Maranzana, 60, has enjoyed a successful professional career
spanning nearly 30 years, primarily in asset management. He was previously
Managing Director, Italy and Spain for UK investment group Hammerson plc and
Managing Director of Valore Reale Sgr Spa, a closed-end fund management
company, where under his leadership, the company grew from 5 to over 30
employees with combined assets under management of more than €1.8 billion.
He joins ECP from Negentropy Capital Partners Italia, a London-based
alternative investment management and advisory company.
The board of ECP is in the process of appointing a new Chief Executive
Officer, as well as considering further additions to the board, and a further
announcement will be made in due course.
Commenting on the Board changes, ECP Executive Chairman, Dominic White said:
"On behalf of the Company, I would like to thank David for his contribution.
"I am delighted to welcome Luciano to the Eight Capital Board. His extensive
cross-border asset management experience and expertise will strengthen ECP's
offering by adding new, complementary skills to the wider group as we continue
to build ECP into an international fintech operating business."
The following information is disclosed pursuant to R.4.9 of the AQSE Growth
Market Access Rulebook.
Luciano Maranzana (aged 60) holds or has held the following directorships or
partnerships in the past five years:
Current Directorships or Partnerships Previous Directorships or Partnerships
Innovative Finance SRL Fase Realty SRL
Negentropy Capital Partners Italia SRL
Realty SRL
Sulmo SRL
Valore Reale SGR SpA
Mr Maranzana does not hold shares in the Company.
There is no further information to be disclosed pursuant to R.4.9 of the AQSE
Growth Market Access Rulebook.
The Directors of the Company are responsible for the release of this
announcement.
Enquiries:
Eight Capital Partners plc +44 20 3808 0029
Dominic White - Executive Chairman info@eight.capital
Cairn Financial Advisers LLP +44 20 7213 0880
AQSE Corporate Adviser
Jo Turner / James Lewis
Walbrook PR Limited +44 20 7933 8780
Paul Vann/Joe Walker +44 7768 807631
eightcapital@walbrookpr.com
About Eight Capital Partners:
Eight Capital Partners plc is an international financial services operating
company focused on owning and operating businesses engaged in "Fintech"
operations, from the digitisation of banking services, through to
blockchain-backed decentralised finance companies.
ECP provides equity, debt, and equity-related investment capital to companies
seeking capital for growth and development, consolidation or acquisition, or
pre-IPO financing. The Company seeks to generate an attractive rate of return
for shareholders, predominantly through capital appreciation, by maximising
the revenues, profits and value of its operating subsidiaries, and taking
advantage of the increasing number of acquisition opportunities within the
continuously developing global technology, and fintech sectors.
www.eight.capital (http://www.eight.capital)
Eight Capital Partners operates two subsidiary businesses:
Epsion Capital:
Epsion Capital is an independent corporate advisory firm based in London with
an extensive experience in UK and European capital markets. The team of senior
and experienced ECM and M&A professionals is specialised across multiple
markets, sectors and geographies and it prides itself on a commercial approach
that allows the clients to achieve their growth ambitions.
www.epsioncapital.com (http://www.epsioncapital.com/)
Innovative Finance:
Innovative Finance is a corporate finance advisory business that develops
mergers and acquisitions and financing solutions across multiple sectors,
primarily in Europe, with access to international transactions. It is
currently working on transactions in the USA and Europe which are linked to
technological developments in the financial services industry, AI,
cybersecurity, e-commerce and cannabis. www.innovfinance.com
(http://www.innovfinance.com)
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