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Morses Club Hires Simone Finn To Board, As Non-Executive Storey Leaves

Wed, 01st May 2019 14:05

LONDON (Alliance News) - Morses Club PLC on Wednesday said Simone Finn has been appointed to the board as an independent non-executive director from Sunday.

The credit lender also said Finn will chair the Audit and Risk & Compliance Committees.

Finn is a member of the UK House of Lords and a former government adviser on industrial relations, efficiency and Civil Service reform. She is a chartered accountant by profession and is experienced in audit practice through her previous roles and her membership of the Audit Committee of banking company Arbuthnot Latham & Co.

Alongside this new appointment, Morses Club said Patrick Storey has informed that he wishes to retire as an independent non-executive director when his current three-year term of office expires on Saturday.

"We are delighted to welcome Finn to the board. Her experience and understanding of the regulatory environment will be a valuable addition to the board and we look forward to working closely with her," said Chair Stephen Karle.

Shares in Morses Club were trading 0.4% higher on Wednesday at 177.70 pence a share.

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13 Feb 2023 11:39

IN BRIEF: Morses Club shares cancelled from trading on AIM in London

Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - AIM notifies Morses Club it has cancelled ordinary shares from trading on its London Stock Exchange market, after a request from Morses Club. This is effective from Monday.

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10 Feb 2023 18:51

IN BRIEF: Morses Club CEO wants "explanation" as custodian sells stock

Morses Club PLC - Nottingham, England-based home collected credit provider & online lender - Chief Executive Gary Marshall was informed that a custodian of 350,000 shares in the company sold them on his behalf at 0.272 pence per share on Wednesday. The sale amounted to GBP95,200. States that Marshall did not give an instruction for the shares to be sold. Explains that he planned to keep them for the foreseeable future. Marshall is seeking an explanation from the custodian now.

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31 Jan 2023 16:46

Morses Club receives extension for facility until end of March

(Alliance News) - Morses Club PLC on Tuesday said it received an extension of its facility.

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31 Jan 2023 12:08

LONDON MARKET MIDDAY: Tesco cuts jobs; AG Barr raises profit guidance

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31 Jan 2023 10:41

AIM WINNERS & LOSERS: Morses surges; XLMedia performs in line

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LONDON MARKET OPEN: Stocks down as IMF cuts UK GDP forecast

(Alliance News) - Stock prices in London opened lower on Tuesday, after the International Monetary Fund said the UK economy is set to underperform peers and before three significant interest rate decisions this week.

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13 Jan 2023 12:18

LONDON MARKET MIDDAY: FTSE 100 has record in sight; US earnings begin

(Alliance News) - London's FTSE 100 index reached its best level since May 2018 on Friday, and even edged close to a record high, as European markets continued to climb after a report on Thursday showed slower US inflation.

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13 Jan 2023 10:59

AIM WINNERS & LOSERS: Morses Club jumps as delisting put in doubt

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12 Jan 2023 14:32

Morses Club proposes to delist to go private; has shareholder support

(Alliance News) - Morses Club PLC on Thursday announced it is set to wave goodbye to London's junior AIM market.

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12 Jan 2023 08:49

LONDON MARKET OPEN: More UK retail cheer as markets rise before US CPI

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13 Dec 2022 10:58

Morses Club announces new scheme of arrangement, equity issue

(Sharecast News) - Morses Club was under the cosh as the subprime lender said it had created a new subsidiary to allow it to enter a scheme of arrangement to deal with customer redress claims for unaffordable lending, but that insolvency was likely if the scheme fails to go ahead.

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24 Nov 2022 11:39

Morses Club swings to loss; revenue drops following rise in complaints

(Alliance News) - Morses Club PLC on Wednesday said it swung to a loss in the first half of its financial year, following an increase in complaints in the period.

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15 Nov 2022 13:44

Morses Club says funders won't provide peak advance

(Sharecast News) - Morses Club updated the market on its funding provision on Tuesday, as its funders chose not to provide a peak advance.

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