RNS - More Money Shuffling6 Jan 2026 07:15
Grok says:
There is no direct board-level overlap (i.e., no shared directors serving on the boards of both entities) between Société Financière Européenne S.A. (SFE) — a Swiss-based asset management and banking group located in Lugano/Luzern — and Supply@ME Capital plc (SYME) — a London-listed fintech company providing inventory monetisation services.
However, there is a significant indirect connection through SYME's CEO, Alessandro Zamboni:
- He holds a personal, non-controlling interest in SFE (along with other investors).
- This interest makes certain transactions between SYME and SFE (or SFE-owned entities, such as stock companies used in inventory monetisation deals) related-party transactions under UK disclosure rules (DTR 7.3 and IFRS), requiring approval by SYME's independent directors (excluding Zamboni).
SFE is a key business partner for SYME, involved in funding commitments, joint inventory monetisation programmes (e.g., up to €135 million announced in 2024), and ownership of trading hubs/stock companies that use SYME's platform. SFE's leadership includes figures like Matteo Ricchebuono (President/CEO) and previously Francesco Guarnieri/Testa, with no indications of them serving on SYME's board.
SYME's major shareholders and board details (available via Companies House and company announcements) do not list SFE as a direct significant shareholder, and no shared directors are evident from public records as of early 2026.