REG - Supply @ME Capital - Directorate Change

Supply@Me CapitalAnnouncement

16/03/2023 07:00

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RNS Number : 1400T  Supply @ME Capital PLC   16 March 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT
TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK
MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS
DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 March 2023

Supply@ME Capital plc

(the "Company", "Supply@ME" or "SYME")

Directorship Changes

SYME, the fintech business which provides an innovative fintech platform (the
"Platform") for use by manufacturing and trading companies to access Inventory
Monetisation© ("IM") solutions enabling their businesses to generate
cashflow, is pleased to announce that,  is pleased to announce that its board
of directors ("Board") proposes to appoint investment and advisory specialist
Alexandra Galligan as a Non-Executive Director of the Company, with effect
from 16 March 2023.

Alexandra holds more than 20 years' experience in senior business development
positions, including most recently as Partner and Chief Executive Officer at
FCA-regulated investment advisory firm MUSST Investments LLP ("MUSST") - a
role she held for over a decade. During her time at MUSST, Alexandra
maintained and developed relationships with a wide network of investors
advising them on investing in early-stage hedge funds, private credit and
alternative assets. Her previous roles also included business development at
financial services firm Matrix Group Ltd, where she was appointed to create
in-house platform of hedge funds and UCITS vehicles. She was also responsible
for the structuring of these funds, preparation of related prospectuses,
subscription documentation and marketing materials.

Alexandra will bring valuable experience and knowledge of investor motivation
and their increasing focus on investing in companies with demonstrable
Environmental, Social and Governance ("ESG") credentials. Alexandra will work
closely with the Supply@ME team to further develop the business' own ESG
investment credentials.

Alexandra will take over from Andrew Thomas, who is stepping down from the
Board to pursue other business opportunities. Andrew has made a significant
contribution to the business since joining in June 2022, and the Board would
like to thank him for his valuable service.

Alexandra will assume the position of Remuneration Committee Chair, assisting
the Board in determining its responsibilities in relation to remuneration and
driving the over-arching principles, parameters and governance framework of
the Company's policy as well as ensuring compliance with the QCA Corporate
Governance Code. She will also become a member of both the Audit and
Nomination Committees, holding various responsibilities in making
recommendations to the Board on the appointment of auditors and audit fees,
monitoring and reviewing the integrity of the Company's financial statements
and reviewing the composition of the Board.

 

Alessandro Zamboni, CEO of SYME, commented:

"This is an incredibly exciting time at Supply@ME and we are proud of the
exceptional depth and quality of our organisation. It is vital that we
continue to expand our base of talent and expertise as we implement multiple
IM funding structures, and improve our offering across new territories.
Alexandra's wealth of experience and network will be of great help in that
regard. I would also like to take this opportunity to thank Andrew for his
service to our Board, and we wish him continued success in his future
endeavours."

 

SYME Non-Executive Director, Alexandra Galligan, said:

"I'm excited to be joining Supply@ME at such a transformative time in its
journey and delighted to support the Company's ambitious visions for growth.
Part of the reason I was drawn to Supply@ME was its ability to innovate at
speed, whilst remaining future proof and highly scalable."

 

Andrew Thomas commented:

"I am grateful to have had the opportunity to work with the dedicated and
hardworking leadership team at Supply@ME. I wish the entire business success
as it continues its journey."

 

The following information is disclosed in respect of Ms Galligan pursuant to
the Financial Conduct Authority's Listing Rules:

Alexandra Galligan holds or has held the following directorships or
partnerships in the past five years:

 

 Current Directorships or Partnerships
 Musst Investments LLP
 A Leg to Stand On UK Limited

 

 Past Directorships or Partnerships
 None to disclose

 

Ms Galligan does not hold any interests in any shares in the Company.

 

For the purposes of UK MAR, the person responsible for arranging release of
this announcement on behalf of SYME is Alessandro Zamboni, CEO.

 

Contact information

Alessandro Zamboni, CEO, Supply@ME Capital
plc, investors@supplymecapital.com (mailto:investors@supplymecapital.com)
 

MHP Group, SupplyME@mhpgroup.com (mailto:SupplyME@mhpgroup.com)

Notes

SYME and its operating subsidiaries provide its Platform for use by
manufacturing and trading companies to access inventory trade solutions
enabling their businesses to generate cashflow, via a non-credit approach and
without incurring debt.  This is achieved by their existing eligible
inventory being added to the Platform and then monetised via purchase by third
party Inventory Funders.  The inventory to be monetised can include warehouse
goods waiting to be sold to end-customers or goods/ commodities that are part
of a typical import/ export transaction.

 

 

 

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