Last checked at 4 Nov 2021 07:00
4 November 2021
Supply@ME Capital plc
(The "Company" or "SYME")
James (Jim) Coyle confirmed as Non-Executive Chair
Following the appointment, on 28 October 2021, of Mr James (Jim) Coyle as the Company's Independent Non-Executive Chairman, Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation© service to manufacturing and trading companies, is pleased to provide the following information pursuant to the QCA Corporate Governance Code and best practice:
James Coyle (aged 65) holds or has held the following directorships or partnerships in the past five years:
Current Directorships or Partnerships | Previous Directorships or Partnerships |
HSBC UK Bank plc | HSBC Private Bank (UK) Limited |
HSBC Trust Company (UK) Limited | World First UK Limited |
Marks and Spencer Financial Services plc | Scottish Building Society |
Marks and Spencer Unit Trust Management Limited | HSBC Bank plc |
Honeycomb Investment Trust plc | |
Scottish Water/ Scottish Water Horizon Holdings Limited/Scottish Water Business Stream Holdings Limited | |
Deloitte LLP |
Mr Coyle does not hold shares in the Company.
There is no further information to be disclosed pursuant to the London Stock Exchange Standard Listing Rulebook.
Notes
Supply@ME Capital PLC and its operating subsidiaries (together the "Group") provide an innovative fintech platform (the "Platform") for use by manufacturing and trading companies to access inventory trade solutions enabling their businesses to generate cashflow, via a non-credit approach and without incurring debt. This is achieved by their existing eligible inventory being added to the Platform and then monetised via purchase by third party Inventory Funders. The inventory to be monetised can include warehouse goods waiting to be sold to end-customers or goods/commodities that are part of a typical import/export transaction. SYME announced in August 2021 the launch of a global Inventory Monetisation program which will be focused on both inventory in transit monetisation and warehouse goods monetisation. This program will be focused on creditworthy companies and not those in distress or otherwise seeking to monetise illiquid inventories.
Contacts
Alessandro Zamboni, CEO, Supply@ME Capital plc, investors@supplymecapital.com
Paul Vann, Walbrook PR Limited, +44 (0)20 7933 8780; paul.vann@walbrookpr.com
Brian Norris, Cicero/AMO, +44 (0)20 7947 5317 brian.norris@cicero-group.com