REG - Cavendish Financial - Directorate Change

Cavendish FinancialAnnouncement

24/05/2024 07:00

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RNS Number : 7360P  Cavendish Financial PLC  24 May 2024

 

24 May 2024

 

Cavendish Financial plc ("Cavendish")

 

Directorate Change

 

Cavendish announces that Richard Snow, an executive director of the Company
and the Group's Chief Operational Officer, will step down from the Board on 31
July 2024.

 

Lisa Gordon, Chair said:

 

"Richard joined finnCap Group PLC in May 2020 as CFO and played a key role in
the creation of Cavendish, a leading investment bank focused on the
mid-market, through its merger with Cenkos Securities plc in September 2023.

Since then, as our Chief Operational Officer, Richard has played a substantial
role in our integration and restructuring which has locked in annualised
synergies of almost £7m.

The Board understands Richard's desire to pursue a new direction and return to
a CFO role.  I would like to thank him for his significant contribution and
wish him the very best for the future."

 

Contacts

 

Cavendish
(Management)
Tel: +44 (0) 20 7220 0500

Julian Morse, Co-Chief Executive Officer
investor.relations@cavendish.com

John Farrugia, Co-Chief Executive
Officer

Ben Procter, Chief Financial Officer

 

Spark Advisory Partners (Nominated Adviser)          Tel: +44 (0) 20
3368 3550

Matt Davis / Adam Dawes

 

Cavendish
(Broker)
Tel: +44 (0) 20 7220 0500

Tim Redfern

 

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

Dan de Belder/Rebekah Chapman

 

END

 

 

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