Board Changes

RNS Number : 4300X

Numis Corporation PLC

06 May 2016

 

 

FRIDAY 6 MAY 2016 at 7.01 AM  

Numis Corporation Plc ("Numis")

Board Changes  

 

The Board of Numis Corporation Plc today announces Oliver Hemsley, founder and CEO of Numis will step down as Chief Executive during the Autumn of 2016 and will be succeeded by Alex Ham and Ross Mitchinson as joint-Chief Executive Officers. Oliver will remain on the Board as an Executive Director. The appointments are subject to regulatory approval.  

In advance of their appointment as joint-Chief Executive Officers, Alex Ham and Ross Mitchinson will be appointed Executive Directors of the Company with effect from 1 July 2016.

Commenting on the appointments Oliver Hemsley said:

"After over 25 years at the helm, it is time to allow the next generation to drive Numis forward. The business is in really good health having just reported excellent half-year results and is well positioned to grow in the future. I intend to play a full part in helping to develop the business further."  

"Alex and Ross have worked alongside me for a number of years now and I have huge confidence in them, their vision for the firm, and their determination and commitment to its continued success."  

Commenting on the appointments, Gerald Corbett, Non-Executive Chairman, said:

"Oliver has led Numis to become one of the most successful independent advisory and stockbroking firms in the UK. His leadership, energy and drive have been invaluable to the success of Numis and I am delighted that he will remain on the Board so that the Company can continue to benefit from his vast experience.

"Alex and Ross have both been instrumental in Numis' success in recent years and will continue to take the business from strength to strength.  We look forward to welcoming them to the Board." 

END

Contacts

Numis Corporation:              

Oliver Hemsley, Chief Executive                                               020 7260 1256
Simon Denyer, Group Finance Director                                     020 7260 1225

Brunswick:

Gill Ackers                                                                               020 7404 5959

Simone Selzer                                                                           020 7404 5959

Grant Thornton UK LLP (Nominated Adviser):
Philip Secrett                                                                            020 7728 2578
Jen Clarke                                                                                020 7184 4384   

Notes to editors

Alex Ham joined Numis in August 2005 and has worked in various parts of the business until undertaking a permanent role in the Corporate Broking department.  Having acted as Co-Head of Corporate Broking since July 2012, he was promoted to Head of Corporate Broking & Advisory in May 2015.

Ross Mitchinson joined Numis in October 2008 and has been Head of Numis' Equities business since May 2015. Ross held positions at UBS AG, which he joined in September 2000, working on the Pan-European Small and Mid-Cap desk until 2006 when he joined Kaupthing Singer & Friedlander before joining Numis.

Alex and Ross have both been directors of the trading entity, Numis Securities Limited, since May 2012.

 

END

 

 

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