Directorate Change
14th April 2021
S&U plc
("S&U" or "the Group")
Directorate changes
S&U plc (LSE: SUS), the specialist motor finance and bridging lender, announces that in the light of his family's relocation to Switzerland, Fiann Coombs will not be seeking re-election as a Director of S&U plc at the forthcoming AGM and will therefore be resigning from the role on the AGM date of 20th May 2021. The Board would like to thank Fiann for his wise and astute advice and guidance over the 19 years he has been a Director.
S&U plc separately announces the appointment of Jack Coombs to the Board of S&U plc as an Executive Director with immediate effect. Jack is a 33-year-old Chartered Accountant who joined the S&U Group in 2016 as Group Development Executive, having previously worked in PwC's Valuations team. Jack is Fiann's brother and he is a major shareholder in S&U plc owning 1,677,147 ordinary shares representing 13.82% of total voting rights. He is currently working as a Director of our successful and profitable property bridging subsidiary Aspen Bridging Limited.
There is no information in respect of Jack Coombs which would require disclosure under Listing Rules 9.6.13(1) to 9.6.13(6) inclusive.
Enquiries Anthony Coombs
| S&U plc | c/o SEC Newgate
|
Financial Public Relations Bob Huxford, Tom Carnegie, Megan Kovach
| SEC Newgate | 020 7653 9848 |
Broker Adrian Trimmings, Andrew Buchanan, Rishi Shah
| Peel Hunt LLP | 020 7418 8900
|
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.