REG-Marechale Capital Plc: Appointment of Director

Marechale CapitalAnnouncement

06/08/2024 07:15

06 August 2024

Marechale Capital plc

(“Marechale” or the “Company”)

Appointment of Director

Marechale Capital plc (AIM: MAC), an established City of London based
corporate finance house with a long-term track record and a strong reputation
for advising and financing high growth consumer brands, leisure, clean energy,
mineral extraction and technology companies, announces the appointment of Mr
Chris Kenning as Non-executive Director of the Company with immediate effect .

As announced on 28 June 2023, Mr Chris Kenning made a strategic investment in
the Company, acquiring approximately 9.89 per cent. of the Company’s issued
share capital at the time. As a part of the subscription, Mr Kenning was
provided with the right to join the board of the Company as a Non-executive
Director, subject to the completion of regulatory and due diligence processes.

Mr Kenning is a longstanding experienced corporate finance professional,
currently serving as the founder and Chief Executive Officer at Stubben Edge
Group Ltd since 2018, following a Management Buyout of two IOMA companies,
IOMA Broking (UK) Ltd and IOMA Group (UK) Ltd, where he had been a director
since 2010 and 2014 respectively. Previously he was a director at IOMA Group
including the roles of Managing Director from 2014 to 2018 and Group Finance
Director from 2011 to 2014. Prior to this he was corporate finance manager at
Strand Partners (now Hannam & Partners) from 2010 to 2011.

Mr Kenning graduated from the University of Edinburgh in 2006 with an MA
Economic History. He joined Grant Thornton from 2007 to 2010, where he
qualified as a chartered accountant and was admitted to the Institute of
Chartered Accountants in England & Wales (ICAEW).

The following information regarding the appointment of Mr Chris Kenning (aged
41) is disclosed under Schedule 2(g) of the AIM Rules.

 Current positions, directorships and/or partnerships:  Former positions, directorships and/or partnerships (within the last five years):  
 Akoni Hub Limited                                      Edge1 Limited                                                                      
 Akoni Innovations Limited                                                                                                                 
 Cedar Underwriting Limited                                                                                                                
 Duffy Boxing Limited                                                                                                                      
 Edge Money Limited                                                                                                                        
 Fildes Investments Limited                                                                                                                
 Finpoint Limited                                                                                                                          
 Genesis Special Risks Ltd                                                                                                                 
 Insurercore Ltd                                                                                                                           
 Lucid UX Limited                                                                                                                          
 Randell Dorling Limited                                                                                                                   
 Stubben Edge (Risk) Limited                                                                                                               
 Stubben Edge And Partners Limited                                                                                                         
 Stubben Edge Capital Limited                                                                                                              
 Stubben Edge Claims Limited                                                                                                               
 Stubben Edge Distribution Limited                                                                                                         
 Stubben Edge Events Limited                                                                                                               
 Stubben Edge Group Limited                                                                                                                
 Stubben Edge Group Operations Ltd                                                                                                         
 Stubben Edge Labs (SE Labs) Limited                                                                                                       
 Stubben Edge Markets Limited                                                                                                              
 Stubben Edge Media Limited                                                                                                                
 Stubben Edge Operations Limited                                                                                                           
 Stubben Edge Payments Limited                                                                                                             
 Stubben Edge Products Limited                                                                                                             

Mr Kenning has interest in 10,480,000 ordinary shares in the Company,
approximately 9.89 per cent. of the Company’s issued share capital.  He
holds no options over ordinary shares or warrants over ordinary shares in the
Company.

Save as set out above, no further information regarding Mr Kenning is required
to be disclosed pursuant to the AIM Rules for Companies.

Mark Warde-Norbury, Chairman of the Board of Marechale, said “Since Lord
Howard Flight’s retirement, we have been reviewing possible replacement
non-executive directors. We have known and worked with Chris Kenning for a
number of years now and particularly since he became a significant
shareholder. We feel confident that Chris will add value as our new Board
Director and look forward to continuing to work with him in this new
capacity.”

For further information please contact:

 Marechale Capital plc                            Tel: +44 (0)20 7628 5582  
 Mark Warde-Norbury / Patrick Booth-Clibborn                                
 Cairn Financial Advisers LLP (Nomad and Broker)  Tel: +44 (0)20 7213 0880  
 Jo Turner / Sandy Jamieson                                                 

 2024-07-XX - MAC - Appointment of Director Final (https://mb.cision.com/Main/22671/4021382/2934392.pdf)  



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