25 Sep 2020 07:00
Non-Standard Finance plc
('NSF', 'Company' or 'Group')
Directorate change
25 September 2020
NSF is pleased to announce the appointment of Toby Westcott as a Director of the Company from 1 October 2020. Toby will also join the Board's Audit, Risk, Remuneration and Nominations & Governance Committees. The Board also announces that it has been informed by Professor Heather McGregor that she will not be standing for re-election at the Company's 2021 Annual General Meeting and so will step down from the Board at that point.
Toby Westcott is a Partner at Alchemy Partners, the Group's 29.95% shareholder having joined Alchemy in 2008 from Hawkpoint Partners where he specialised in mergers and acquisitions in the financial services sector. Toby has a degree in Mathematics from the University of Warwick and is a Chartered Accountant having also spent part of his previous career in corporate finance at Grant Thornton. There is no further information that is required to be disclosed under paragraph 9.6.13R of the Listing Rules.
Commenting on today's announcement, John van Kuffeler, Group Chief Executive, said:
"I would like to welcome Toby to the Board who I know will be a valuable addition given his considerable experience of the UK financial services sector and given Alchemy's previous investment in Everyday Loans, the Group's largest business."
For more information: Non-Standard Finance plc Peter Reynolds, Director, IR and Communications | +44 (0) 20 3869 9026 |
Maitland/AMO Neil Bennett Andy Donald Finlay Donaldson | +44 (0) 207 379 5151 |