17 Dec 2015 07:00
17 December 2015
Earthport plc
("Earthport", the "Company" or the "Group")
Appointment of Simon Adamiyatt to the Board of Earthport plc
Earthport plc (AIM: EPO.L) announced on 11 June 2015 the appointment of Simon Adamiyatt as Chief Financial Officer Designate, which was subject to regulatory approval. Earthport is delighted to announce that the Financial Conduct Authority and HMRC has granted approval, and accordingly Simon Adamiyatt is appointed Chief Financial Officer and to the Board of Earthport with immediate effect.
Simon Adamiyatt joined Earthport with over 25 years of experience as an investment banker, responsible for providing strategic advice to US and international financial institutions and governmental enterprises. During his tenure, Simon assisted clients with capital raisings, acquisitions, divestitures, principal investments and restructurings. Simon's investment banking career has encompassed leadership positions including Co-Head of Financial Institutions Group "FIG" M&A at Lehman Brothers, Head of FIG at UBS (Americas) as well as at Bear Stearns. Most recently, he was Head of FIG and a partner at Sagent Advisors. He was appointed to the board of Baydonhill Limited, a subsidiary of Earthport, on 2 November 2015.
There are no further disclosures to be made in accordance with Rule 17, Schedule Two paragraph (g) of the AIM Rules for Companies in respect of the appointment of Simon Adamiyatt, who is aged 53.
For further information, please contact:
Earthport plc Hank Uberoi, Chief Executive Officer Simon Adamiyatt, Chief Financial Officer
| 020 7220 9700 |
Panmure Gordon (UK) Limited Mark Taylor / Fred Walsh
| 020 7886 2500 |
Newgate Tim Thompson / Bob Huxford / Helena Bogle | 020 7653 9850 |
About Earthport:
Earthport plc is a financial services organisation providing cross-border payments services to banks, e-commerce providers, money transfer companies and payment administrators. Earthport is headquartered in London with a regional office in New York.
One of the FinTech50 2015 - judged to be the game-changers transforming the future of finance - Earthport is also winner of the Grant Thornton Quoted Company Awards 2015 Technology company of the year award and FStech/Retail Systems' B2B Payments Innovation of the Year (2014).
Earthport provides the industry with the largest open network for global bank payments. Worldwide, over 50 banks are connected into Earthport's network for the efficient clearing of low value payments. With one connection to Earthport's network, clients benefit from sophisticated validation and compliance services, efficiently serving their customers with more innovative payment products.
Earthport is listed on the Alternative Investment Market (AIM) on the London Stock Exchange. Earthport plc is authorised and regulated by the Financial Conduct Authority under the Payment Service Regulations 2009 for the provision of payment services. Find out more at www.earthport.com and on Twitter @Earthport, LinkedIn, Youtube, Slideshare and Google+.