Appointment of Non-executive Director

RNS Number : 1521M
Honye Financial Services Ltd
19 May 2022
 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS THE SAME HAS BEEN RETAINED IN UK LAW AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

19 May 2022

Honye Financial Services Ltd

 ( " Honye"  or the  " Company")

Appointment of Non-executive Director

 

Honye Financial Services Ltd, a special purpose acquisition company formed to undertake one or more acquisitions of businesses in the financial services and financial technology sector, is pleased to announce that John Treacy has been appointed as a Non-executive Director of the Company with immediate effect. The Company is also pleased to confirm that Shaun Carew-Wootton has assumed the role of Non-executive Chairman of the Company.

 

Mr Treacy is an experienced  financier who specialises in working with growing companies. He qualified as a solicitor in the London office of a major international law firm where he specialised in Capital Markets and Mergers & Acquisitions. From there he moved to practice corporate finance in the advisory teams of several prominent UK brokerages where he acted as an adviser to a number of AIM companies and advised on numerous IPOs, acquisitions, debt restructurings and placings.

 

Mr Treacy does not currently hold any equity in the Company.

 

Further information on John Treacy (aged 40):

 

Current Directorships

Previous Directorships

Ananda Development Plc

Cizzle Biotechnology Holdings plc

YTC Consultancy Services Ltd

72 Richmond Hill Limited

URA Holdings PLC

AIK Energy Ltd

Supply@Me Capital plc (formerly Abal Group plc)

Central Rand Gold Limited (Guernsey)

China Sports Development Ltd (BVI)

Digitalbox plc (formerly Polemos plc)

Eight Capital Partners plc (formerly Monreal plc)

Palermo Football Club S.p.A (Italy)

Pineapple Power Corporation plc

South African Property Opportunities plc (Isle of Man)

Sport Capital Group Holdings Limited (dissolved)

Sport Capital Group Investments Limited

Evrima plc (formerly Sport Capital Group plc)

Prefcap Ltd

Unione Sportiva Città di Palermo S.p.A (Italy)

Epsion Capital Limited

 

 

Mr Treacy was appointed as a director of Sport Capital Group Holdings Limited on incorporation on 20 December 2018. This company was placed into a solvent members' voluntary liquidation on 31 May 2019 and on 24 July 2020, the company was dissolved. Mr Treacy was a director of Unione Sportiva Città di Palermo S.p.A. for approximately five weeks between the dates of 31 December 2018 until 4 February 2019. Unione Sportiva Città di Palermo S.p.A. was declared bankrupt by the Court of Palermo on 18 October 2019. Mr Treacy was subsequently issued with a nine-month suspension from the management of Italian football clubs on 3 September 2020 by La Corte Federale d'Appello following the bankruptcy of Unione Sportiva Città di Palermo S.p.A. Mr Treacy appealed this ruling to the Collegio di Garanzia dello Sport. The Collegio di Garanzia dello Sport, being the senior court, upheld his appeal, and reversed the decision of La Corte Federale d'Appello, resulting in the decision being overturned and Mr Treacy being exonerated.

 

The Directors accept responsibility for this announcement.

 

-END-

Enquiries:

Honye Financial Services Ltd

Shaun Carew-Wootton

 

shaun@rosellecapital.com

Peterhouse Capital Limited (sole broker)

Lucy Williams/Mark Anwyl

Tel: 020 7469 0933

 

 

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