Appointment of New Director

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RNS Number : 7047K  S-Ventures PLC  29 August 2023

 

S-VENTURES PLC

 

("S-Ventures" or the "Company")

 

Appointment of New Director

 

 

S-Ventures plc (AQSE: SVEN) the company investing in and growing exciting
brands across the natural, wellness and food-tech categories, is pleased to
announce the appointment of Stephen Argent as Chief Financial Officer and as
Director of the Company and the retirement of Robert Hewitt from the position
of Chief Financial Officer.

 

Stephen is a Chartered Accountant and brings a wealth of experience in
the consumer and wellness sectors, spanning over forty
years. Stephen previously set up his own brand, Soupologie, and has a
long track record of building strong audit, finance and
governance functions within both public and private companies.

 

Robert Hewitt retires as Chief Financial Officer but remains a Director of
S-Ventures Plc in a non-executive capacity.  Robert will work closely with
Stephen to ensure a smooth transition, supported by the experienced and
established finance teams within S-Ventures' group companies.

 

 

Commenting on the appointment, Scott Livingston, CEO of S-Ventures Plc, said:

 

"We are delighted to announce this new appointment to the Board. Stephen
brings a wealth of knowledge and experience to the leadership team, joins at
an exciting time for the business and will help us to drive forward towards
our ambitious targets. We also thank Robert for his contribution to
S-Ventures as CFO. We look forward to continuing and accelerating the
momentum achieved so far in 2023.

 

Stephen has been a highly effective Finance Director of Nourisher Food &
Drinks, showing strong leadership and expertise. He has gathered considerable
experience of the sectors in which S-Ventures operates in, which will put
him in good stead for his new role as CFO."

Stephen says:

"S-Ventures is a fantastic business in a dynamic and exciting sector. I'm very
excited to become the CFO for the business and look forward to working with
the board, management team and colleagues as we continue strengthening the
position of the business and executing the delivery of the company's growth
strategy."

 

 

Disclosures required pursuant to Rule 4.9 of the Aquis Access Rules for
Companies

The names of all companies and partnerships of which Stephen Argent, has been
a director or partner at any time in the previous five years are set out
below:

 Current directorships or partnerships:  Previous directorships or partnerships:
 Soupologie Limited                      The Ologie Group Limited
 Nourisher Food & Drinks Limited         FFI Holdings Plc
 Amasea Enterprises Limited
 Ktiew Ems Trust

Mr Argent holds no ordinary shares in S-Ventures.

Save as set out in this announcement, there are no further details to be
disclosed under to Rule 4.9 of the Aquis Access Rules for Companies in respect
of Mr Argent.

For further information, please contact:

 

 The Company                                  +44 (0) 1932 400 224

 Scott Livingston (Chief Executive Officer)

 Stephen Argent (Chief Financial Officer)

 AQSE Corporate Adviser and Broker:           +44 (0) 20 3005 5000

 VSA Capital Limited

 Andrew Raca

 Matthew Harker

 

 

 

 

 

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