Volta Finance Limited : Directorate change
June 19 2017 - 10:02AM
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 €679 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
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