REG - Supply@ME Capital - Directorate Change

Supply@Me CapitalAnnouncement

06/09/2024 07:00

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RNS Number : 1157D  Supply@ME Capital PLC  06 September 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION 2014/596/EU, WHICH IS PART OF UNITED KINGDOM DOMESTIC LAW PURSUANT
TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK
MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS
DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

6 September 2024

Supply@ME Capital plc

(the "Company", "Supply@ME" or "SYME")

Board and Disclosure Committee Changes

SYME, the fintech business which provides an innovative fintech platform (the
"Platform") for use by manufacturing and trading companies to access Inventory
Monetisation© ("IM") solutions enabling their businesses to generate
cashflow, announces that in response to feedback from the shareholders at the
AGM, it has resolved to expand the membership of its disclosure committee by
appointing Alexandra Galligan to this committee effective immediately.

The full committee terms of reference can be found on the Company's website
using the following link
https://www.supplymecapital.com/governance-and-corporate-structure/
(https://www.supplymecapital.com/governance-and-corporate-structure/) .

The Company also announces that Enrico Camerinelli has provided his
resignation from the Board and that a final departure date of 30 September
2024 has been mutually agreed.

Enrico has been a valuable Non-Executive Director since March 2020 and is
departing in order to be free to pursue other interests and opportunities. The
Board does not intend to replace Enrico at this time in view of maintaining
control over costs and considering that after Enrico's departure the Board
will still consist of majority of independent directors.

Albert Ganyushin, Chairman of the Board commented:

"The Supply@ME Board values the feedback from the shareholders and believes
the developments in the areas identified and shared with us during the AGM
process attest to that. I am saddened by Enrico's departure from the Board as
he has been a valued member of the team over the last four plus years, however
I know he will continue to support us in any way he can as the Company
develops."

Enrico Camerinelli, SYME Non-Executive Director said:

"It is with regret that I am stepping down from the Board of Supply@ME to
pursue some other exciting opportunities. I remain committed to the vision of
the Company and intend to stay connected and to provide future support as
needed. The team and the Platform have developed significantly during my
tenure as a Non-Executive Director and I look forward to seeing the future
successes of the company."

Contact information

Alessandro Zamboni, CEO, Supply@ME Capital plc,
investors@supplymecapital.com

Notes

SYME and its operating subsidiaries provide its 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.

 

 

 

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