Volta Finance Ld Volta Finance Limited : Directorate Change
June 19 2017 - 10:02AM
UK Regulatory
TIDMVTA
Volta Finance Limited (VTA) - Appointment of a Board Member
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR
INTO THE UNITED STATES
*****
Guernsey, 19 June 2016
The Board of Volta Finance Limited (the "Company") has appointed Atosa
Moini to the Board as an Independent Director with effect from today's
date. Ms Moini (48) retired from Goldman Sachs International in
September 2016 where she was Head of Origination and Distribution of
Asset Backed Products and Loans in EMEA and previous to that she was
Co-Head of EMEA Credit Sales. Ms Moini was also a member of the
Securities Division Client and Business Standards Committee.
Ms Moini has extensive product origination and distribution experience
across a wide range of asset classes including corporate and leverage
loans, corporate bonds, CLOs and asset backed products in real estate,
transportation and renewable energies sectors.
Ms Moini has an MBA from the London Business School and a BA Honours
Degree in Industrial Engineering from the University of Surrey.
The Company will seek confirmation from shareholders of Ms Moini's
appointment at the annual general meeting ("AGM") on 28 November 2017
together with re-election of all existing Board members with the
exception of Joan Musselbrook.
Joan Musselbrook had previously announced her intention to retire from
the Board before the end of the financial year in July 2017, as
disclosed in the 2017 Interim Report. Accordingly, Ms Musselbrook has
resigned as an Independent Director with effect from 20 June 2017. Ms
Musselbrook has served the Company since its inception and the Board
would like to express their gratitude for her valuable contribution to
the Company over the past 10 years.
There are no other disclosures required under UKLA Listing Rule 9.6.13.
For further information, please contact:
Company Secretary and Portfolio Administrator
Sanne Group (Guernsey) Limited
voltafinance@sannegroup.com
+44 (0) 1481 739810
Corporate Broker
Cenkos Securities plc
Alan Ray
Oliver Packard
Sapna Shah
+44 (0) 20 7397 1916
For the Investment Manager
AXA Investment Managers Paris
Serge Demay
serge.demay@axa-im.com
+33 (0) 1 44 45 84 47
*****
ABOUT VOLTA FINANCE LIMITED
Volta Finance Limited is incorporated in Guernsey under The Companies
(Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and
the London Stock Exchange's Main Market for listed securities. Volta's
home member state for the purposes of the EU Transparency Directive is
the Netherlands. As such, Volta is subject to regulation and supervision
by the AFM, being the regulator for financial markets in the
Netherlands.
Volta's investment objectives are to preserve capital across the credit
cycle and to provide a stable stream of income to its shareholders
through dividends. Volta seeks to attain its investment objectives
predominantly through diversified investments in structured finance
assets. The assets that the Company may invest in either directly or
indirectly include, but are not limited to: corporate credits; sovereign
and quasi-sovereign debt; residential mortgage loans; and, automobile
loans. The Company's approach to investment is through vehicles and
arrangements that essentially provide leveraged exposure to portfolios
of such underlying assets. The Company has appointed AXA Investment
Managers Paris an investment management company with a division
specialised in structured credit, for the investment management of all
its assets.
*****
ABOUT AXA INVESTMENT MANAGERS
AXA Investment Managers (AXA IM) is a multi-expert asset management
company within the AXA Group, a global leader in financial protection
and wealth management. AXA IM is one of the largest European-based asset
managers with EUR679 billion in assets under management as of the end of
June 2016. AXA IM employs approximately 2,399 people around the world.
*****
This press release is for information only and does not constitute an
invitation or inducement to acquire shares in Volta Finance. Its
circulation may be prohibited in certain jurisdictions and no recipient
may circulate copies of this document in breach of such limitations or
restrictions. This document is not an offer for sale of the securities
referred to herein in the United States or to persons who are "U.S.
persons" for purposes of Regulation S under the U.S. Securities Act of
1933, as amended (the "Securities Act"), or otherwise in circumstances
where such offer would be restricted by applicable law. Such securities
may not be sold in the United States absent registration or an exemption
from registration from the Securities Act. The company does not intend
to register any portion of the offer of such securities in the United
States or to conduct a public offering of such securities in the United
States.
*****
This communication is only being distributed to and is only directed at
(i) persons who are outside the United Kingdom or (ii) investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii)
high net worth companies, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all
such persons together being referred to as "relevant persons"). The
securities referred to herein are only available to, and any invitation,
offer or agreement to subscribe, purchase or otherwise acquire such
securities will be engaged in only with, relevant persons. Any person
who is not a relevant person should not act or rely on this document or
any of its contents. Past performance cannot be relied on as a guide to
future performance.
*****
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Volta Finance Limited via Globenewswire
http://www.voltafinance.com
(END) Dow Jones Newswires
June 19, 2017 11:02 ET (15:02 GMT)
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