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10 Nov 2022 18:20
10 November 2022
Curtis Banks Group plc
("Curtis Banks" or the "Group")
Director Declaration
Curtis Banks (AIM: CBP), one of the UK's leading SIPP providers, today announces that a company which David Barral, the Company's executive chairman, was previously a Director of, appointed an administrator on 31 August 2022. David was appointed as a Non-Executive Director and Chairman of Rowanmoor Personal Pensions Limited ("RPPL") in August 2021. He was appointed in connection with the demerger of the Rowanmoor group of companies from the Embark Group Limited with a mandate to assist RPPL in dealing with historic complaints regarding its SIPP business dating back primarily to 2008-2013 and to ensure that its customers were treated fairly and consistently and in accordance with the FCA's Principles and Rules. RPPL appointed an administrator on 31 August 2022 and simultaneously David Barral resigned from the Board. A notice of administrator's proposals has recently been filed which indicates that the estimated deficiency as regards creditors is very significant.
For further information, please contact:
Curtis Banks Group plc David Barral - Executive Chairman Dan Cowland - Chief Financial Officer | via Instinctif Partners
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Peel Hunt LLP (Nominated Adviser & Joint Broker) Andrew Buchanan James Steel | +44 (0) 20 7418 8900
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Singer Capital Markets Limited (Joint Broker) Mark Taylor Rachel Hayes | +44 (0) 20 7496 3000
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Instinctif Partners (Financial PR) Tim Linacre Victoria Hayns Joe Quinlan | curtisbanks@instinctif.com +44 (0) 20 7457 2020
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