REG - Sancus Lending Group - Directorate Change

Sancus LendingAnnouncement

09/03/2022 07:00

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RNS Number : 0876E  Sancus Lending Group Limited  09 March 2022

9 March 2022

 

Sancus Lending Group Limited

(the "Company")

 

Appointment of Independent Non-Executive Director

 

The Company announces that effective close of business on 8 March 2022 Mr
Nicholas Wakefield has resigned from the Board of Directors of the Company as
the Somerston Group representative and has been succeeded by Ms Tracy Clarke,
who is appointed as a non-executive director of the Company effective
immediately. Ms Clarke has also been appointed as a member of the Company's
Audit and Risk Committee and the Remuneration and Nomination Committee
effective immediately.

The Somerston group of companies ("Somerston") is the Company's largest
shareholder and has the right to nominate one individual for appointment to
the Board of the Company. Ms Clarke joined Somerston in 2016 and acts as the
group's Chief Operating Officer. Ms Clarke is also the Managing Director of
Carlton Management Services Limited, a licensed Jersey trust company business.
Ms Clarke is a Fellow of the Institute of Chartered Accountants in England and
Wales and holds the CISI Investment Advice Diploma.

Mr Wakefield will continue to act as an observer to the Board for a
transitional period to ensure continuity.

Steve Smith, Non-Executive Chairman of the Company, said: "The Board wishes to
express its sincere thanks to Nick for his outstanding contribution to the
Company as a Non-Executive Director during the past three years. We are
delighted to welcome Tracy and are confident that with her extensive
professional experience she will be a valuable and complimentary addition to
the Board."

 

Ms Clarke (age 44) is currently a director of, or during the past five years
has been a director of, the following companies:

 

 Current Directorships                Previous directorships (past five years)
 Carlton Management Services Limited
 Somerston Asset Management Limited
 Somerston Technology Fund Limited
 Somerston Core Equity Fund Limited

 

Ms Clarke does not currently hold any shares in the Company.

Save as set out in this announcement, there are no further details required to
be disclosed pursuant to AIM Rule 17 or paragraph (g) of Schedule 2 to the AIM
Rules in respect of Ms Clarke.

 

For further information, please contact:

 

 Sancus Lending Group Limited
 Rory Mepham
 +44 (0)1481 708 288

 Liberum Capital (Nominated Adviser and Corporate Broker)
 Chris Clarke
 Lauren Kettle
 Edward Thomas
 +44 (0) 20 3100 2190

 Instinctif Partners (PR Advisor)
 Tim Linacre
 +44 (0)207 457 2020

 Sanne Fund Services (Guernsey) Limited (Company Secretary)
 Matt Falla
 Katrina Rowe
 +44 (0)1481 755530

 

 

LEI: 213800S2XOO3YSEGCA26

 

 

 

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