3 August 2020
FRP ADVISORY GROUP PLC
("FRP", the "Group" or the "Company")
Director Appointment
FRP Advisory Group plc, a leading UK professional services firm, today announces the appointment of Claire Balmforth to the Company's board in the role of non-executive director.
Claire has significant plc experience in both executive and non-executive roles, having previously held senior commercial and operational positions at FTSE250 companies. She brings significant knowledge of organisational leadership and employee engagement in founder led businesses. Claire is currently a non-executive director and chair of the Remuneration Committee of both Safestore Holdings plc and Trifast plc.
Geoff Rowley, Chief Executive Officer of FRP Advisory Group plc, said:
"After an extensive process for the right candidate we are very pleased to have someone of Claire's calibre joining the FRP board. Claire brings significant experience which further enhances the strength and diversity of the Company. We look forward to the value she will bring and to working alongside her."
Pursuant to Schedule 2 (g) of the AIM Rules for Companies, Claire Balmforth (aged 53) has held the following directorships or partnerships in the past five years:
Current |
Previous |
Safestore Holdings plc Trifast plc South Coast Cycles Limited |
Nil |
Claire Balmforth does not hold any shares in the Company.
There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.
Enquiries:
FRP Advisory Group plc
Geoff Rowley, CEO
Jeremy French, COO
Enquiries via MHP
Cenkos Securities plc (Nominated Adviser and Sole Broker)
Max Hartley/Max Gould (Corporate Finance)
Alex Pollen (Sales)
Tel: +44 (0) 207 397 8900
MHP Communications (Financial Public Relations)
Oliver Hughes
Charlie Barker
Pete Lambie
Tel: +44 (0) 20 3128 8570
Notes to Editors
FRP is a professional services firm established in 2010 which offers a range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals. These services include:
· Restructuring advisory: corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency and general advice to all stakeholders.
· Corporate finance: mergers & acquisitions (M&A), strategic advisory and valuations, financial due diligence, capital raising, special situations M&A and partial exits.
· Debt advisory: raising and refinancing debt, debt amendments and extensions, restructuring debt, asset based lending and corporate and leveraged debt advisory.
· Forensic services: forensic investigations, compliance and risk advisory, dispute services and forensic technology.
· Pensions advisory: pension scheme transaction advisory, pension scheme restructuring advisory, covenant advisory and corporate governance