Business
Appointment of Director
Appointment of Director.
About this update from Marechale Capital Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\n06 August 2024Marechale Capital plc(“Marechale” or the “Company”)Appointment of DirectorMarechale Capital plc (AIM: MAC), an established City of London based corporate finance house with a long-term track record and a strong reputation for advising and financing high growth consumer brands, leisure, clean energy, mineral extraction and technology companies, announces the appointment of Mr Chris Kenning as Non-executive Director of the Company with immediate effect . As announced on 28 June 2023, Mr Chris Kenning made a strategic investment in the Company, acquiring approximately 9.89 per cent. of the Company’s issued share capital at the time. As a part of the subscription, Mr Kenning was provided with the right to join the board of the Company as a Non-executive Director, subject to the completion of regulatory and due diligence processes.Mr Kenning is a longstanding experienced corporate finance professional, currently serving as the founder and Chief Executive Officer at Stubben Edge Group Ltd since 2018, following a Management Buyout of two IOMA companies, IOMA Broking (UK) Ltd and IOMA Group (UK) Ltd, where he had been a director since 2010 and 2014 respectively. Previously he was a director at IOMA Group including the roles of Managing Director from 2014 to 2018 and Group Finance Director from 2011 to 2014. Prior to this he was corporate finance manager at Strand Partners (now Hannam & Partners) from 2010 to 2011. Mr Kenning graduated from the University of Edinburgh in 2006 with an MA Economic History. He joined Grant Thornton from 2007 to 2010, where he qualified as a chartered accountant and was admitted to the Institute of Chartered Accountants in England & Wales (ICAEW).The following information regarding the appointment of Mr Chris Kenning (aged 41) is disclosed under Schedule 2(g) of the AIM Rules.\t\t\t\t\t\tCurrent positions, directorships and/or partnerships:\t\t\tFormer positions, directorships and/or partnerships (within the last five years):\t\t\t\t\t\t\tAkoni Hub Limited\t\t\tEdge1 Limited\t\t\t\t\t\t\tAkoni Innovations Limited\t\t\t\t\t\t\t\t\t\tCedar Underwriting Limited\t\t\t\t\t\t\t\t\t\tDuffy Boxing Limited\t\t\t\t\t\t\t\t\t\tEdge Money Limited\t\t\t\t\t\t\t\t\t\tFildes Investments Limited\t\t\t\t\t\t\t\t\t\tFinpoint Limited\t\t\t\t\t\t\t\t\t\tGenesis Special Risks Ltd\t\t\t\t\t...