James Coyle confirmed as Non-Executive Chair

RNS Number : 3377R

Supply @ME Capital PLC

04 November 2021

 

4 November 2021

Supply@ME Capital plc

(The "Company" or "SYME")

James (Jim) Coyle confirmed as Non-Executive Chair

Following the appointment, on 28 October 2021, of Mr James (Jim) Coyle as the Company's  Independent Non-Executive Chairman, Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation© service to manufacturing and trading companies, is pleased to provide the following information pursuant to the QCA Corporate Governance Code and best practice:

James Coyle (aged 65) holds or has held the following directorships or partnerships in the past five years:

Current Directorships or Partnerships	Previous Directorships or Partnerships
HSBC UK Bank plc	HSBC Private Bank (UK) Limited
HSBC Trust Company (UK) Limited	World First UK Limited
Marks and Spencer Financial Services  plc	Scottish Building Society
Marks and Spencer  Unit Trust Management Limited	HSBC Bank plc
Honeycomb Investment Trust plc
Scottish Water/ Scottish Water Horizon Holdings Limited/Scottish Water Business Stream Holdings Limited
Deloitte LLP

Mr Coyle does not hold shares in the Company.

There is no further information to be disclosed pursuant to the London Stock Exchange Standard Listing Rulebook.

Notes

Supply@ME Capital PLC and its operating subsidiaries (together the "Group") provide an innovative fintech platform (the "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. SYME announced in August 2021 the launch of a global Inventory Monetisation program which will be focused on both inventory in transit monetisation and warehouse goods monetisation. This program will be focused on creditworthy companies and not those in distress or otherwise seeking to monetise illiquid inventories.

Contacts

Alessandro Zamboni, CEO, Supply@ME Capital plc, [e-mail]

Paul Vann, Walbrook PR Limited, [phone];  [e-mail]

Brian Norris, Cicero/AMO, [phone] [e-mail] 

 

END

 

 

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