REG - Fintel PLC - Directorate Change & Withdrawal of AGM Resolution

FintelAnnouncement

22/04/2025 07:00

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RNS Number : 6365F  Fintel PLC  22 April 2025

22 April 2025

 

Fintel plc

 

("Fintel", the "Company", the "Business" or the "Group")

 

Directorate Change and Withdrawal of AGM Resolution

Fintel (AIM: FNTL), a leading provider of fintech and support services to
the UK retail financial services sector, today announces that Imogen Joss,
Senior Independent Director will stand down from the board at the upcoming
Annual General Meeting on 20 May 2025 (the "AGM"). Imogen joined Fintel's
Board in January 2021 and is stepping down for personal reasons.

Tim Clarke, currently Non-Executive Director and Chair of the Audit and Risk
Committees, will become the Senior Independent Director at the point of
Imogen's resignation.

The Board are close to the completion of an external recruitment exercise to
replace Imogen, and we anticipate a formal appointment ahead of the AGM. This
individual will join the Board and take the role of Chair of the Remuneration
and Nomination Committees on commencement.

 

Phil Smith, Non-Executive Chair of Fintel

"It has been a pleasure to work with Imogen since joining the Board, and
subsequently taking the Chair of the business in May 2023. This period has
been very significant for Fintel's strategic progress, and Imogen has been a
full contributor to our agenda. We are sorry to lose her from our Board table,
but we wish her well for the future."

 

Withdrawal of AGM Resolution

As a result of Imogen Joss standing down from the board at the Company's AGM,
the Board has decided to withdraw Resolution 8 from the agenda of the AGM.
Resolution 8 proposed the re-election of Imogen Joss and is therefore now
redundant following this announcement.  The withdrawal of Resolution 8 does
not affect the validity of the Notice of AGM, the proxy form or any proxy
votes already submitted in respect of the remaining resolutions to be proposed
at the AGM. The numbering of all other proposed resolutions at the AGM remains
unchanged.

 

For further information please contact:

 Fintel plc                                 via MHP Group

 Phil Smith (Non-Executive Chairman)
 Zeus (Nominated Adviser and Joint Broker)  +44 (0) 20 3829 5000

 Martin Green

 Dan Bate
 Investec Bank (Joint Broker)               +44 (0) 20 7597 5970

 David Anderson

 Kamalini Hull
 MHP Group (Financial PR)                   +44 (0) 7736 464749

 Reg Hoare                                  Fintel@mhpgroup.com (mailto:Fintel@mhpgroup.com)

 Veronica Farah

 Lexi Iles

Notes to Editors

Fintel is the UK's leading fintech and support services business, combining
the largest provider of intermediary business support, SimplyBiz, and the
leading research, ratings and Fintech business, Defaqto.

Fintel provides technology, compliance and regulatory support to thousands of
intermediary businesses, data and targeted distribution services to hundreds
of product providers and empowers millions of consumers to make better
informed financial decisions. We serve our customers through three core
divisions:

The Intermediary Services division provides technology, compliance, and
regulatory support to thousands of intermediary businesses through a
comprehensive membership model. Members include directly authorised IFAs,
Wealth Managers and Mortgage Brokers.

The Distribution Channels division delivers market Insight and analysis and
targeted distribution strategies to financial institutions and product
providers. Clients include major Life and Pension companies, Investment
Houses, Banks, and Building Societies.

The Fintech and Research division (Defaqto) provides market leading software,
financial information and product research to product providers and
intermediaries. Defaqto also provides product ratings (Star Ratings) on
thousands of financial products. Financial products are expertly reviewed by
the Defaqto research team and are compared and rated based on their underlying
features and benefits. Defaqto ratings help consumers compare and buy
financial products with confidence. For more information about Fintel, please
visit the website: www.wearefintel.com
(https://protect.checkpoint.com/v2/___http:/www.wearefintel.com___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzpmNjRhNmZlYTVmZGQzNzIxMjhkYzkzYjc3OGRlYzIzMDo2OjNiMjk6N2RiZTY1ZDRjMzJhYjg0ZGM3MGI0MmI2ODI5ZTI2MjhhMmEwZGI4NjRmODFhZGFkMDkzOGNmZmY5Mjk1OTBhNDpwOkY6Tg)

 

 

 

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