Appointment of Non-Executive Director

RNS Number : 7837A

Frenkel Topping Group PLC

24 February 2014

 

Press Release

24 February 2014

Frenkel Topping Group Plc

("Frenkel Topping", "the Company" or, together with its subsidiaries "the Group")

Appointment of Non-Executive Director

Frenkel Topping (AIM:FEN), the provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence awards, is pleased to announce that Mr. Greg McMahon will join the Board as a Non-Executive Director of the Company with immediate effect. Mr. McMahon has over 15 years' experience of working as company secretary and head of legal services for UK listed companies, as well as having considerable board level experience.  

Mr. McMahon is currently Company Secretary and General Counsel at Mitchells & Butlers plc, a FTSE 250 company which is the largest operator of managed restaurants and pubs in the UK. Mr. McMahon's principal responsibilities include managing all legal and corporate governance matters, company secretarial functions and responsibilities for food safety, health and safety, security, licensing compliance and retail control functions as well as having management oversight of internal audit and insurance. Mr. McMahon is a member of the Mitchells & Butlers Executive Committee and also chairs the Mitchells & Butlers Risk Committee. In his most recent previous role he was Company Secretary and Head of Legal Services at Wm Morrison Supermarkets plc. Prior to this he was Group Company Secretary and Head of Legal Services as Assura Group Limited, and Group Company Secretary and Head of Legal Services at Airtours plc/ MyTravel Group plc. Mr. McMahon has also worked for Thomas Cook Group plc as Group Company Secretary and PLC Legal Services Director.

Commenting on the appointment, David Southworth, Chairman of Frenkel Topping, said: 

"The Board is delighted that Greg is joining the Board as a Non-Executive Director.  We will benefit greatly from his experience in not only company secretarial knowledge, but also his legal and compliance understanding. Greg's appointment is particularly timely at this stage of the Company's development, as Frenkel Topping focuses on continuing its successful implementation of the legal reforms and considerable changes to benefits entitlement which occurred in 2013 to the business. Greg will also be of great assistance as the Group continues to grow its Funds in Investment Management Service beyond £0.5 billion.

"We very much look forward to working with Greg and to the strategic guidance that he will bring to Frenkel Topping as we continue to progress through an important stage of our business."

Save as set out in this announcement there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

- Ends -

For further information please contact:

Frenkel Topping Group Plc
Richard Fraser, Chief Executive	Tel: [phone]
Shore Capital
Pascal Keane / Patrick Castle	Tel:+44  (0)20 7408 4090

Media enquiries:

Abchurch
Joanne Shears / Jamie Hooper	Tel: [phone]
[e-mail]	www.abchurch-group.com

Mr. Gregory Joseph McMahon, aged 53, is chair of the trustees of The Sun International Pension and Life Assurance Scheme and is a director or has been a director of the following companies during the previous five years:

Current Directorships:

Bede Retail Investments Limited

Browns Restaurant (Brighton) Limited

Browns Restaurant (Bristol) Limited

Browns Restaurant (Cambridge) Limited

Browns Restaurant (London) Limited

Browns Restaurant (Oxford) Limited

Browns Restaurants Limited

Crownhill Estates (Derriford) Limited

East London Pubs and Restaurants Limited

Ha Ha Bar and Grill Limited

Intertain (Dining) Limited

Landmark Leisure Limited

Lastbrew Limited

Mitchells & Butlers (IP) Limited

Mitchells & Butlers (Property) Limited

Mitchells & Butlers Acquisition Company

Mitchells & Butlers Finance Public Limited Company

Mitchells & Butlers Holdings (No.2) Limited

Mitchells & Butlers Holdings Limited

Mitchells & Butlers Lease Company Limited

Mitchells & Butlers Leisure Holdings Limited

Mitchells & Butlers Leisure Retail Limited

Mitchells & Butlers Retail (No2) Limited

Mitchells & Butlers Retail Holdings Limited

Mitchells & Butlers Retail Limited

Mitchells & Butlers Retail Operating Company Limited

Mitchells & Butlers Retail Property Limited

Old Kentucky Restaurants Limited

Standard Commercial Property Developments (Tangcourt) Limited

The Morrisons Farm at Dumfries House Limited Wm Morrison Pensions Policy Review Limited

Parkway Australia Holdings Pty Limited Mayfield Consultancy Services Limited White Horse Insurance Ireland Limited

Past Directorships in the five years prior to the date of this announcement:

Thomas Cook Aircraft Engineering Services Limited

Thomas Cook Airline Services  Limited

Alliance Property Company Limited

Alliance Property Holdings Limited

Amalgamated Distilled Products Limited

Amos Hinton & Sons Limited

Anchor Developments Limited

Argyle Securities Limited

Argyll Foods Limited

Argyll Stores (Holdings) Limited

Ashmist Limited

BI Collections Limited

British and Foreign Foods Limited

Cancede Ltd

Cordon Bleu Freezer-Food Centres Limited

De Mandeville Gate Management Limited

Divertigo Limited

English Real Estates Limited

Evermere Limited

Farmers Boy (Deeside) Limited

Federated Properties Limited

G M Nominees Limited

Gordav (Portree) Limited

International Seafoods Limited

J3 Property Limited

Kiddicare Properties Limited

Kiddicare.com Limited

Kiddycare UK Limited

Kiddycare.com Limited

M1 Discount Stores Limited

Maypole Limited

MDW (Eastbourne) Limited

Moores Stores Limited

Moores-Wrights Group Limited

North West Vintners (Retail) Limited

Old P B Limited

Optimisation Developments Limited

Optimisation Investments Limited

Oriel Foods Limited

Ornakarn Limited

Presto Stores (LC) Limited

Presto Stores Limited

Returnvital Limited

S K Assets Limited

Safeway (Overseas) Limited

Safeway Development Limited

Safeway Food Stores Limited

Safeway Limited

Safeway Pensions Trustees Company Limited

Safeway Properties Limited

Safeway QUEST Trustees Limited

Safeway Stores (Card Services) Limited

Safeway Stores (Fuel) Limited

Safeway Stores (Gibraltar) Pension Trustees Limited

Safeway Stores (Ireland) Limited

Safeway Stores Limited

Southern Plant Hire ( Wimbledon ) Limited

Stores Group Limited

The Home & Colonial Stores Limited

Trilogy (Leamington Spa) Limited

Velligrist Limited

Wm Morrison (HK) Limited

Wm Morrison Convenience Stores Limited

Wm Morrison Online Limited

Wm Morrison Property Investments Limited

Wm Morrison Supermarket Stores Ltd

Mr. McMahon is not interested in any ordinary shares in the Company.

 

Notes to Editors:

About Frenkel Topping

Frenkel Topping Limited ("Frenkel Topping") is the trading subsidiary of Frenkel Topping Group Plc. 

Frenkel Topping provides specialist independent financial advice on the investment of personal injury damages and clinical negligence awards. Frenkel Topping offers a complete service for all personal injury claims handlers, lawyers and individual clients, dealing with awards from tens of thousand pounds to multi-million pound cases.  Frenkel Topping's expertise includes asset protection, bespoke investment portfolios, analysis of periodical payments, Court of Protection portfolios and provision and setting up of trustee and receivership bank accounts.  Frenkel Topping has over £0.5 billion of clients' funds in its investment management service.

The Group's strategy is to continue to grow its Funds in Investment Management Services organically and to maintain steady levels of recurring revenues at their current high levels of circa. 70%.  The Group's strong market position means that it is well poised for future growth. 

 

END

 

 

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