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/.
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.
