Capital for Colleagues plc - Result of AGM PR Newswire

Capital for Colleagues plc / EPIC: CFCP / Market: NEX / Sector: Investment

26 February 2019

CAPITAL FOR COLLEAGUES PLC

(‘Capital for Colleagues’ or the ‘Company’)

RESULT OF ANNUAL GENERAL MEETING

Capital for Colleagues, the investment vehicle focused on opportunities in the Employee Owned Business (‘EOB’) sector, is pleased to announce that that all the resolutions were duly passed at the Annual General Meeting of the Company held today.

The change of Board responsibilities, whereby John Eckersley will become a non-executive Director of the Company and Alistair Currie will take John Eckersley’s place as Chief Executive of the Company, will take place on 1 April 2019, not 26 February 2019 as announced earlier today.

Commenting on his change in role, John Eckersley said, “Having worked closely with Alistair and the rest of the Board for a number of years I’m confident that this change will allow a smooth transition and ‘business as usual’ for the Company. As a significant investor in Capital for Colleagues and a continuing director of the Company I will retain a keen interest and involvement in ensuring that it maximises its current and future opportunities.”

The Directors of the Company are responsible for the contents of this announcement.

**ENDS**

For further information, please visit www.capitalforcolleagues.com or contact:



CAPITAL FOR COLLEAGUES PLC      0161 464 3260
Richard Bailey, Chairman
John Eckersley, Chief Executive

PETERHOUSE CAPITAL LIMITED      020 7469 0930
Mark Anwyl
Duncan Vasey



Capital for Colleagues

Capital for Colleagues is an investment company focused on the UK EOB sector. The Company has a proven management team, with a wide network of contacts and affiliates, as well as established access to investment opportunities, enabling the Company to execute its strategy and capitalise on EOB-focused investment opportunities.

The Company’s joint venture, Castlefield Corporate Advisory Partners, educates and assists companies which are looking to launch employee ownership schemes, advising them, amongst other things, on how to secure investment and achieve their objectives.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.