Angelfish Investments Plc - Directorate Change PR Newswire

Angelfish Investments plc ("Angelfish" or "the Company")

Directorate Change

17 October 2018

Angelfish is pleased to announce the following changes to the board of directors all with immediate effect.

Kenneth (Ken) James Gribben Hillen has been appointed as a non-executive director.  Ken began his career in 1977 with Royal Bank of Scotland and went on to hold a number of senior banking roles throughout his career including senior corporate director at RBS, managing director for Scotland and Northern Ireland at Anglo Irish Bank and, until 2009, head of commercial and corporate banking for Scotland at Bank of Ireland.

Ken has broad experience of non-executive and consultancy roles within financial services and other sectors, including director and chairman of a financial services business which specialises in the provision of bridging loans.

Ken is currently a non-executive director of SQN Secured Income Fund plc, an investment company listed on the Main Market of the LSE and of Salutem Healthcare Limited, a private equity backed provider of specialist healthcare.  It is intended that his appointment will strengthen the board with his considerable experience in banking and finance.

Ken is currently a director or in partnership of:

Amity Residential Care Limited

Bruce Pubs plc

Clearwater Care (Group) Limited

Clearwater Care (Hackney) Limited

Clearwater Specialist Care Enterprise Limited

Clearwater Specialist Care Group Limited

Clearwater Specialist Care Partners Limited

Greenfield Close Residential Home Limited

KH Solutions Limited

Renfrewshire Bookkeeping Limited

Salutem Healthcare Limited

Salutem LD Bidco Limited

Salutem LD Bidco II Limited

Salutem LD Bidco III Limited

Salutem LD Bidco IV Limited

Salutem LD Topco Limited

Salutem LD Topco II Limited

Salutem Shared Services Limited

Salutem SL Bidco I Limited

SHL 2 Limited

ST2 Group Limited

SQN Secured Income Fund plc

TLCare UK Limited

In the last five years Ken has been a director or in partnership of:

Aitch Care Homes Topco Limited

AMG and Family Limited

Beyond the Story Limited

Beyond the Story (UK) Limited

Crownfleet Limited

Healthcare Invest (UK) Limited

Kuflink Bridging Limited

Kuflink Group plc

Lindenwood Properties Limited

Lytham Universal Property Company Limited

Manor Hall Specialist Care Partnerships Limited

MCM UK (Group) Holdings Limited

Montreux Capital Management Limited

Montreux Healthcare Limited

Montreux Living Limited

Mylife Supported Living (Group) Limited

Mylife Supported Living Limited

Private Healthcare (Holdings) UK Limited

Quaystone Investment Group Limited

Quaystone Investment No.1 Limited

Quaystone Investment No.2 Limited

Quaystone Investment No.3 Limited

Quaystone Investment Service Company Limited

Qubic Homes Limited

Qubic Homes 2 Limited

Real Estate Development Solutions plc

Renfrewshire Bookkeeping(2011)LLP

Ruby Topco Limited

Sale Property Investment (UK) Limited

Salutem ED Bidco Limited

Samibex Limited

ST2 Enterprise Limited

ST2 Redcar Limited

ST2 Wilton Limited

Summit Universal Enterprise Property Company Limited

Ken Hillen was appointed as Chairman of Beyond the Story Limited on 9 June 2016. Following his appointment, he became aware of certain matters including, inter alia, the financial position of the company and this resulted in him resigning on 7 December 2016. The company went into liquidation on 2 August 2017. As at 2 October 2018, being the date of the liquidator’s most recent progress report, creditors’ claims were approximately £1.2m but this could increase.

There is no further information regarding Mr Hillen that is required to be disclosed pursuant to Paragraph 21, Appendix 1 of the NEX Exchange Growth Market - Rules for Issuers.

Andrew Flitcroft who has been involved in the Company since its admission to NEX (then PLUS Markets) in 2008 is resigning as a director of the Company to concentrate on other business opportunities.

Richard Walker has agreed to move from his current role as non-executive director to become an executive director of the Company.

Richard Walker commented:  ‘The Board would like to express our thanks to Andrew for his contribution to the Company over the last ten years and wish him well in his future business activities. Ken’s experience and expertise will be invaluable as the Company continues to pursue its investing policy.’

This announcement contains information which, prior to its disclosure, was inside information for the purposes o034f Article 7 of EU Regulation 596/2014.

The directors of the Company take responsibility for this announcement.

--ENDS--

Enquiries:

Angelfish Investments Plc             +44 (0)7772 013116

Richard Walker

Director

Cairn Financial Advisers LLP          +44 (0)207 213 0880

NEX Exchange Corporate Adviser

David Coffman / Richard Nash

About Angelfish Investments plc

The Company's Ordinary Shares and Preference Shares are admitted to trading on the NEX Exchange Growth Market in London. The Company has the trading symbol ANGP for its Ordinary Shares and the trading symbol ANGS for its Preferences Shares.