Eight Capital Partners PLC Subsidiary Board Appointment

TIDMECP

Eight Capital Partners PLC

13 May 2022

13 May 2022

Eight Capital Partners plc

("ECP", "Eight Capital" or "the Company")

Epsion Capital Board Appointment

Eight Capital (AQSE: ECP), the financial services fintech operating group that aims to source and deliver tech, fintech and other on-trend-sector transactions, announces that its wholly owned independent corporate advisory subsidiary, Epsion Capital Limited ("Epsion"), has appointed Richard Day to its board.

Mr Day, a qualified lawyer, has had a diverse and successful senior management career, acquiring extensive knowledge of public markets, corporate finance and corporate governance across a range of sectors. He was a co-founder of institutional stockbroker, Arden Partners plc where he worked from 2002 until 2015, and was Head of Corporate Finance for most of his time with the firm. He played an important role in building the business both domestically and internationally.

Since then, he has been on the boards of various listed companies. He is currently Non-Executive Chairman of AIM-listed "Big Data" analytics company, Pelatro plc and most recently, AQSE-Listed The British Honey Company plc, the premium British honey and craft spirits producer . He is also Chairman of Eden Geothermal Limited, a private co mpany, which is drilling the first well on its two-well deep geothermal site at the world-famous Eden Project in Cornwall.

Commenting on Mr Day's appointment, Eight Capital Executive Chairman, Dominic White said:

"I am delighted to welcome Richard to the Epsion Board, where his corporate finance expertise combined with extensive plc Board experience will not only strengthen Epsion but also provide complementary skills the wider Group.

"A clear pathway lies ahead for the transformation of the Eight Capital business in terms of its size, market value and influence in financial services, notably through the use of fintech. We have an active and growing pipeline of transactions through both of our Operating Subsidiaries, Epsion and Innovative Finance, and we will be seeking to raise and generate capital from our current investments to co-invest through them, as well as a number of corporate level potential strategic operating partnerships that we intend to deliver in the coming months."

Enquiries:

 
 Eight Capital Partners plc              [phone] 
  Dominic White - Executive Chairman      [e-mail] 
  David Bull - Chief Executive Officer 
 
 Walbrook PR Limited                     [phone] 
  Paul Vann                               [phone] 
                                          [e-mail] 
 

About Eight Capital Partners:

Eight Capital Partners plc is an international financial services operating company focused on owning and operating businesses engaged in "Fintech" operations, from the digitisation of banking services, through to blockchain-backed decentralised finance companies and "crypto banks".

ECP provides equity, debt, and equity-related investment capital to companies seeking capital for growth and development, consolidation or acquisition, or pre-IPO financing. The Company seeks to generate an attractive rate of return for shareholders, predominantly through capital appreciation, by maximising the revenues, profits and value of its operating subsidiaries, and taking advantage of the increasing number of acquisition opportunities within the continuously developing global technology, media, telecoms and financial services sectors.

www.eight.capital

Eight Capital Partners operates two subsidiary businesses:

Epsion Capital:

Epsion Capital is an independent corporate advisory firm based in London with an extensive experience in UK and European capital markets. The team of senior and experienced ECM and M&A professionals is specialised across multiple markets, sectors and geographies and it prides itself on a commercial approach that allows the clients to achieve their growth ambitions. www.epsioncapital.com

Innovative Finance:

Innovative Finance is a corporate finance advisory business that develops mergers and acquisitions and financing solutions across multiple sectors, primarily in Europe, with access to international transactions. It is currently working on transactions in the USA and Europe which are linked to technological developments in the financial services industry, AI, cybersecurity, e-commerce and cannabis. www.innovfinance.com

Further information on Richard Day, age 61

Mr Day does not have a beneficial interest in the Company's issued share capital.

Save as set out below, there is no further information regarding Richard Day that is required to be disclosed pursuant to Appendix 1, Table A, paragraph 5.1.2 of the AQSE Exchange Growth Market - Rules for Issuers.

 
 
     Current Directorships       Previous Directorships in the 
                                        last five years 
------------------------------  ------------------------------ 
 The British Honey Company plc   Greka Drilling Ltd 
  RJD Corporate Ltd               Cogenpower Plc 
------------------------------  ------------------------------ 
 EGS Energy Ltd                  More Global Plc 
------------------------------  ------------------------------ 
 Eden Geothermal Ltd             Envent Capital Markets Ltd 
------------------------------  ------------------------------ 
 Pelatro Plc 
------------------------------  ------------------------------ 
 Alchemac Ltd 
------------------------------  ------------------------------ 
 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word "Reach" in the source column of the News Explorer pages of London Stock Exchange's website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

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.

END

NRAGPUBCAUPPUAW

(END) Dow Jones Newswires

May 13, 2022 02:02 ET (06:02 GMT)