Ramsdens Hldgs Regulatory News (RFX)

26 October 2022

Ramsdens Holdings PLC

("Ramsdens" or the "Group")

Non-Executive Director Changes

Ramsdens Holdings PLC, the diversified financial services provider and retailer, announces that, in line with its board succession plan, Steve Smith, a Non-Executive Director, will step down from the Board on 1 February 2023. Steve joined the Board when Ramsdens was admitted to AIM in February 2017 and is a member of the Audit & Risk, Remuneration and Nomination Committees. 

In addition, the Group announces, with effect from 1 November 2022, the appointment of Karen Ingham to the Board as a non-executive director. Karen will join the Audit & Risk, Remuneration and Nomination Committees from the start of her appointment.

Karen has extensive experience across several leading consumer-facing and financial services businesses as well as a proven track record in developing and improving brands' customer experience to support their profitable growth. Since 2017, Karen has held the position of Vice President at Expedia Group, the online travel and shopping company, in commercial sales and support. Karen is also currently a Non-Executive Director at Newcastle Building Society.

Previously, Karen spent almost ten years with Virgin Media, including holding the role of Director of Customer Service, and a decade at the UK division of France Telecom (now Orange S.A.), latterly as Director of Customer Experience & Process.

Andy Meehan, Non-Executive Chairman of Ramsdens commented:

"On behalf of the Board, I would like to thank Steve for his significant contributions during his time on the Board, especially his invaluable knowledge and experience of publicly listed businesses which helped the Group's smooth transition to being a public company and our growth and strategic progress since. Steve has decided now is the time to move on and we wish him well for the future. I am delighted to welcome Karen to the Ramsdens team. Karen's wealth of experience across leading consumer-facing businesses, notably in roles focused on the customer experience, will be invaluable to supporting Ramsdens' future growth plans. With her deep understanding of digital-led brands as well as branch-led financial services businesses, Karen is an excellent addition to the Board, and we are looking forward to her contributions as Ramsdens continues to deliver against its long-term growth strategy."

The following disclosures are provided in respect of Karen Ingham, 57, pursuant to Schedule 2(g) of the AIM Rules for Companies. Karen Ingham does not hold any shares in the capital of the Company.

There are no further disclosures required in accordance with AIM Rule 17 or Schedule 2(g) of the AIM Rules for Companies.

Enquiries:

Ramsdens Holdings PLC Tel: +44 (0) 1642 579957

Peter Kenyon, CEO

Martin Clyburn, CFO

Liberum Capital Limited (Nominated Adviser) Tel: +44 (0) 20 3100 2000

Richard Crawley

Lauren Kettle

Hudson Sandler (Financial PR) Tel: +44 (0) 20 7796 4133

Alex Brennan

Lucy Wollam

Emily Brooker

About Ramsdens

Ramsdens is a growing, diversified, financial services provider and retailer, operating in the four core business segments of foreign currency exchange, pawnbroking loans, precious metals buying and selling and retailing of second hand and new jewellery. Ramsdens does not offer unsecured high-cost short term credit.

Headquartered in Middlesbrough, the Group operates from 156 stores within the UK (including 2 franchised stores) and has a growing online presence.

Ramsdens is fully FCA authorised for its pawnbroking and credit broking activities.

www.ramsdensplc.com

www.ramsdensforcash.co.uk