MBH CORPORATION PLC ANNOUNCES BOARD AND LEADERSHIP TEAM CHANGES, AND INTENTION TO SELL FOUR GROUP COMPANIES TO FURTHER SUPPORT GROUP GROWTH PLANS AND LONG-TERM OBJECTIVES

MBH Corporation Plc (M8H) MBH CORPORATION PLC ANNOUNCES BOARD AND LEADERSHIP TEAM CHANGES, AND INTENTION TO SELL FOUR GROUP COMPANIES TO FURTHER SUPPORT GROUP GROWTH PLANS AND LONG-TERM OBJECTIVES 13-Oct-2023 / 08:57 GMT/BST The issuer is solely responsible for the content of this announcement. London, 13 October 2023 MBH Corporation plc (MBH), a diversified investment holding company, announced today a number of key changes to its board and leadership team and, subject to regulatory approvals, will sell four existing Group companies: Acacia Training, Academy 1 Group, Logistica Holdings & Samuel Hobson. The changes, which are applicable as of 13 October 2023  relate to the Board and Leadership team structure as follows: The following Board members (namely Kevin Hanbury, Callum Laing, Lisa Maynard-Atem, Kevin Potter, Melissa Shea, Vicky Smith and Victoria Sylvester) will resign as of today. Paul Seabridge will become Executive Chair and Chief Executive Officer. Paul is currently head of the MBH Leisure vertical and Principal of several MBH Group companies within the Leisure vertical - and will replace Callum Laing, Non-Executive Chair – and Victoria Sylvester, Chief Executive Officer, who are stepping down from their roles. At the age of 21, Paul had already started, bought and sold a business and he has been a successful entrepreneur throughout his 23-year career to date, with expertise in over 100 mergers and acquisitions in 11 different countries across multiple industries. Due to his extensive career in M&A, Paul has been involved in many joint ventures and special purpose vehicles related to his previous endeavours.  In 2020, Paul started the MBH Leisure vertical with the acquisition of Robinsons Caravans and has gone on to grow the vertical through the successfully integrated acquisitions of White Arches, Golden Castle Caravans and Lincoln Leisure Vehicles. Mo Miah joins the MBH Board and leadership team as Executive Director. Mo is currently the Group Chief Financial Officer of the Falcon Recreation Group and Chief Financial Officer of the MBH Leisure Vertical, bringing considerable experience and expertise to MBH. Mo is a Fellow of the Association of Chartered Certified Accountants (ACCA) and started his career working at BDO Stoy Hayward, spending 7 years within audit and accountancy firms before moving into industry. In 2020 Mo joined Robinsons Caravans Ltd as CFO, progressing to become CFO of the MBH Leisure vertical, successfully overseeing several acquisitions during this time. Susan Kwok, MBH Chief Financial Officer, will step down from her role at the end of October, however will remain part of the MBH Finance Team until the end of the year. A replacement will be announced week commencing 16 October, subject to completing KYC. This replacement will also join the MBH Leadership team. Stan Patey has agreed to remain on the MBH Board until a new independent non-executive director is appointed. This is expected to occur week commencing 16 October and is subject to completing KYC. The existing MBH Board has also confirmed its intention to sell four MBH Group companies: Acacia Training, Academy 1 Group, Logistica Holdings & Samuel Hobson – subject to regulatory approval. Acacia Training, Academy 1 Group and Logistica Holdings are currently part of the MBH Education vertical, with Samuel Hobson the founding member of the Group’s Health vertical. Acacia Training was one of the founding companies within MBH, with all companies playing an important role in the Group’s development over the past few years. Paul Seabridge holds 434,644 shares directly. Indirectly 786,819 shares are held by Falcon Recreation Group Ltd, to which Paul Seabridge is a controlling shareholder which represents 20.4%. Mo Miah holds 23,604 indirect ordinary shares in the Company, which represents 0.39% interest in the securities of the Company. Director: Paul Seabridge Current Directorships AARON BRIDGE VENTURES LIMITED AQUILA FOOD GROUP HOLDING COMPANY LIMITED AYIA MANAGEMENT LIMITED BROXTONS EA LTD FALCON RECREATION GROUP LIMITED GOLDEN-CASTLE CARAVANS LIMITED HODDESDON DISTRIBUTION LIMITED HODDESDON TRANSPORT SERVICES LIMITED J&P VENTURES LLP JWD CAPITAL 2 LIMITED JWD CAPITAL PARTNERS PLC LINCOLN LEISURE VEHICLES LIMITED MILBRIDGE CONSTRUCTION LIMITED MILLENNIUM DOUGH COMPANY LIMITED OPULENTIA CAPITAL HOLDINGS LTD OPULENTIA CAPITAL LTD OPULENTIA CAPITAL REAL ESTATE HOLDINGS LTD OPULENTIA HOLDCO 2 LIMITED OPULENTIA SPV 10 LTD OPULENTIA SPV 13 LTD OPULENTIA SPV 4 LIMITED OPULENTIA SPV 5 LTD OPULENTIA SPV 6 LTD OPULENTIA SPV 8 LTD OPULENTIA SPV 9 LIMITED OPULENTIA SPV HOLDCO 15 LTD OPULENTIA SPV HOLDCO 16 LTD OPULENTIA SPV HOLDCO 17 LTD OPULENTIA SPV HOLDCO 18 LTD OPULENTIA SPV HOLDCO 19 LTD OPULENTIA SPV HOLDCO 21 LTD P.N. SHARPE LIMITED PREMIUM MOTORHOMES LIMITED PS ACCOUNT SERVICES LIMITED ROBINSONS CARAVANS HOLDING COMPANY LIMITED ROBINSONS CARAVANS LIMITED ROBINSONS CARAVANS PARTNERSHIP LLP SEABRIDGE GROUP SERVICES LIMITED SEABSTRACH 2 LLP STRACHAN INVESTMENTS HOLDCO1 LIMITED SWITCH INTERNATIONAL TRAILERS (U.K.) LIMITED THE FIRE SAFETY COMPANY HOLDINGS LTD TWT LOGISTICS LIMITED UK SALADS LIMITED WHITE ARCHES CARAVANS (RUSHDEN) LIMITED WHITE ARCHES CARAVANS LIMITED Past Directorships in last 5 years 3Ks ENGINEERING LTD 3Ks ENGINEERING COMPANY LTD A1 ACE TRANSPORT SERVICES LTD C&B CONSTRUCTION PTY LTD CASCADE TAXI TRADING LTD CLAY HOLDINGS SPV LTD COALVILLE GLASS & GLAZING CO. LIMITED COALVILLE GLAZING HOLDCO LTD. COALVILLE WINDOW CO. LIMITED COETUS LEISURE HOLDCO LIMITED CONSORTIA VENTURES LTD CRUNCH DMC LTD CYNTA LIMITED CYNTA LTD DRAGON ENGINEERING SERVICES LTD ENZO GLOBAL LTD FARRELL ESTATE AGENCIES LTD GJKLMPP LLP I J RECRUIT LTD INGLIS JANE LTD J&P CAPITAL 3 LTD J&P CAPITAL 4 LTD J&P CAPITAL LTD J&P VENTURES MANAGEMENT SERVICES LTD J&P VENTURES TOPCO LTD JGP CAPITAL LLP JWD CAPITAL 3 LTD JWD CAPITAL 4 LTD JWD CAPITAL 5 LTD KK850 LTD KLEINSMAN 2 LTD KLEINSMAN 3 LTD KLEINSMAN GLOBAL LLC KLEINSMAN MR LTD KLEINSMAN RE LTD LEARNING LINKS SERVICES LTD LEARNING LINKS SERVICES LTD LOGISTICA TRAINING LTD MOSAIC ISLAND LTD NJT MARKETING SERVICES LTD NORTH YORKSHIRE TAXI COMPANY LTD OPULENTIA CAPITAL REAL ESTATE HOLDINGS LTD OPULENTIA LTD OPULENTIA MADRID OFFICE LTD OPULENTIA PARTNERS LLP OPULENTIA SPV HOLDCO 17 LTD OPULENTIA SPV HOLDCO 20 LTD PBL TRADING 2 LTD PBL TRADING LTD PENNAX PLC PROGRESS RECRUITMENT PARTNERS LLP PROGRESS RECRUITMENT SOLUTIONS LTD Director: Mo Miah Current Directorships WHITE ARCHES CARAVANS LTD PN SHARPE LTD WHITE ARCHES CARAVANS (RUSHDEN) LTD ROBINSONS CARAVANS PARTNERSHIP LLP LINCOLN LEISURE VEHICLES LTD GOLDEN CASTLE CARAVANS LTD PREMIUM MOTORHOMES LTD FALCON RECREATION GROUP LTD ROBINSONS CARAVANS LTD ROBINSONS CARAVANS HOLDING COMPANY LTD Paul Seabridge and Mo Miah: 1.  Do not have any unspent convictions in relation to indictable offences;  2.  Have not been a director of a company which has been placed in receivership, insolvent liquidation, administration, been subject to a voluntary arrangement or any composition or arrangement with its creditors generally or any class of its creditors whilst he was a director of that company or within the 12 months after he ceased to be a director of that company; 3.  Have not been a partner in any partnership which has been placed in insolvent liquidation, administration or been the subject of a partnership voluntary arrangement whilst he was a partner in that partnership or within the 12 months after he ceased to be a partner in that partnership; 4.  Have not been the owner of any assets or a partner in any partnership which has been placed in receivership whilst he was a partner in that partnership or within the 12 months after he ceased to be a partner in that partnership; 5.  Have not been publicly criticised by any statutory or regulatory authority (including recognised professional bodies); or 6.  Have not been disqualified by a court from acting as a director of any company or from acting in the management or conduct of the affairs of a company. For IR and media enquiries: MBH Corporation Charlotte Fordham [e-mail] [phone] Corporate Adviser First Sentinel Corporate Finance Limited Brian Stockbridge [e-mail] [phone] Information and Explanation of the Issuer to this News: Paul Seabridge commented: “I am extremely excited and motivated to be able to lead MBH as it takes its next steps of development and growth globally. There are numerous new opportunities that we are already working on and we have a very healthy pipeline of new companies that are committed to becoming part of the MBH Corporation over the coming months. As I take on the role of Chair and Chief Executive Officer at MBH, I would like to take this opportunity to thank Vikki Sylvester and team for their leadership of MBH. Vikki and I will continue to partner closely until the end of Quarter 1 next year as we transition to the new team”.     Victoria Sylvester commented: “Paul Seabridge is a dynamic, values-driven business leader who has a diverse background of experiences and an excellent track record of buying and developing business from diverse sectors. He has exceptional strategic & tactical capabilities, proven operational effectiveness, and strong experience in markets at different  stages of development. I am confident that Paul and his new team are well positioned to deliver long-term growth and value for all stakeholders. I am personally very proud of what we have built at MBH over the past few years and want to thank the outgoing leadership team and Board for their unwavering commitment and support”. About MBH Corporation MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges (M8H:GR) and the Aquis Exchange (M8H) in London.  The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent and accretive acquisition of excellent companies. mbhcorporation.com Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

ISIN:	GB00BPNYZL95
Category Code:	BOA
TIDM:	M8H
LEI Code:	213800NXJ8SAXU8GBY43
Sequence No.:	278013
EQS News ID:	1748649

End of Announcement	EQS News Service