Appointment of Board Director

RNS Number : 3700E

Mobile Tornado Group PLC

09 February 2018

 

09 February 2018

Mobile Tornado Group plc

("Mobile Tornado" or the "Group")

Appointment of Director

The Board of Mobile Tornado (AIM: MBT) is pleased to announce that Mr Jonathan Freeland has been appointed to the Board as an independent non-executive Director of the Group with immediate effect.

Mr Freeland (aged 41) has over 17 years' experience in financial services across wealth and investment banking, private equity and commercial lending. He started his career at UBS Warburg in 1999 and from 2003-2005 was the Head of Investment Products within the Wealth Management division based in London. From 2006 - 2009 he led the European Alternative Capital Markets business within UBS's Investment Banking division.

Most recently he was a Partner at Venn Partners LLP, the specialist private credit investment manager, from 2011-2015. He is currently advisor to a number of non-bank financing businesses operating in a range of sectors. He is a Director of RQ Capital Limited. Jonathan has a BSc (Hons) in Economics from Bristol University.

There are no further matters to be disclosed under Listing Rule 9.6.13R.

Mr Freeland has a beneficial holding of 3,181,014 shares in Mobile Tornado (1.07% of the total issued share capital).

For further details please contact: 

Mobile Tornado Group plc	www.mobiletornado.com
Jeremy Fenn, Executive Chairman Avi Tooba, Chief Executive Officer	via Walbrook PR
Investec Bank plc (Nominated Adviser & Broker)	[phone]
Andrew Pinder / Carlton Nelson
Walbrook PR Ltd	[phone]
Paul Cornelius	or [e-mail]
Helen Cresswell

 

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