Last checked at 29 Aug 2023 15:52
S-VENTURES PLC
("S-Ventures" or the "Company")
Appointment of New Director
S-Ventures plc (AQSE: SVEN) the company investing in and growing exciting brands across the natural, wellness and food-tech categories, is pleased to announce the appointment of Stephen Argent as Chief Financial Officer and as Director of the Company and the retirement of Robert Hewitt from the position of Chief Financial Officer.
Stephen is a Chartered Accountant and brings a wealth of experience in the consumer and wellness sectors, spanning over forty years. Stephen previously set up his own brand, Soupologie, and has a long track record of building strong audit, finance and governance functions within both public and private companies.
Robert Hewitt retires as Chief Financial Officer but remains a Director of S-Ventures Plc in a non-executive capacity. Robert will work closely with Stephen to ensure a smooth transition, supported by the experienced and established finance teams within S-Ventures' group companies.
Commenting on the appointment, Scott Livingston, CEO of S-Ventures Plc, said:
"We are delighted to announce this new appointment to the Board. Stephen brings a wealth of knowledge and experience to the leadership team, joins at an exciting time for the business and will help us to drive forward towards our ambitious targets. We also thank Robert for his contribution to S-Ventures as CFO. We look forward to continuing and accelerating the momentum achieved so far in 2023.
Stephen has been a highly effective Finance Director of Nourisher Food & Drinks, showing strong leadership and expertise. He has gathered considerable experience of the sectors in which S-Ventures operates in, which will put him in good stead for his new role as CFO." Stephen says:
"S-Ventures is a fantastic business in a dynamic and exciting sector. I'm very excited to become the CFO for the business and look forward to working with the board, management team and colleagues as we continue strengthening the position of the business and executing the delivery of the company's growth strategy."
Disclosures required pursuant to Rule 4.9 of the Aquis Access Rules for Companies
The names of all companies and partnerships of which Stephen Argent, has been a director or partner at any time in the previous five years are set out below:
Current directorships or partnerships: | Previous directorships or partnerships: |
Soupologie Limited | The Ologie Group Limited |
Nourisher Food & Drinks Limited | FFI Holdings Plc |
Amasea Enterprises Limited |
|
Ktiew Ems Trust |
Mr Argent holds no ordinary shares in S-Ventures.
Save as set out in this announcement, there are no further details to be disclosed under to Rule 4.9 of the Aquis Access Rules for Companies in respect of Mr Argent.
For further information, please contact:
The Company Scott Livingston (Chief Executive Officer) Stephen Argent (Chief Financial Officer) | +44 (0) 1932 400 224 |
AQSE Corporate Adviser and Broker: VSA Capital Limited Andrew Raca Matthew Harker | +44 (0) 20 3005 5000 |