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DFCH Distribution Finance Capital Holdings Plc

32.00
0.00 (0.00%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Distribution Finance Capital Holdings Plc LSE:DFCH London Ordinary Share GB00BJ7HMR72 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 32.00 31.00 33.00 32.00 31.10 32.00 14,011 08:00:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Public Finance, Taxation 1.4M 3.16M 0.0179 17.88 56.46M

Distribution Finance Cap. Hldgs PLC Chief Financial Officer Retirement

04/10/2024 7:00am

RNS Regulatory News


RNS Number : 9071G
Distribution Finance Cap. Hldgs PLC
04 October 2024
 

4 October 2024

 

 

Distribution Finance Capital Holdings plc

("DF Capital" or the "Company" together with its subsidiaries the "Group")

 

Chief Financial Officer Retirement

 

Distribution Finance Capital Holdings plc, the specialist bank providing working capital solutions to dealers and manufacturers across the UK, today announces the intended retirement of Gavin Morris, the Group's Chief Financial Officer, effective 31 December 2025.

 

The Board has started the process to identify a successor to Gavin and will provide a further update once a candidate is appointed. Gavin will continue to play an active role in the Group as an executive director through an extended handover period until his retirement date at the end of 2025, allowing for a smooth transition to his successor.

 

The Group intends to announce its quarterly trading update for the three months ended 30 September 2024 on 9 October 2024.

 

Carl D'Ammassa, Chief Executive, commented: "Gavin has been instrumental on DF Capital's growth journey and the Group receiving authorisation as a bank just over four years ago. Whilst Gavin will be undoubtedly missed, I understand and respect his desire to step back from executive duties to fulfil non-executive and consultancy roles closer to his family home in Bristol. I'm delighted that he will remain with us until the end of 2025, supporting an effective handover once the Board has identified a suitable candidate to lead our finance team as we progress our ambitious plans to further scale the Group and deliver mid-to-high teens returns for our shareholders over the medium term".  

 

For further information contact:

 

Distribution Finance Capital Holdings plc

 

 

Carl D'Ammassa - Chief Executive Officer

+44 (0) 161 413 3391

Kam Bansil - Head of Investor Relations

+44 (0) 7779 229508

http://www.dfcapital-investors.com

 

 

 

Panmure Liberum Limited (Nomad and Joint Broker)

 

 +44 (0) 203 100 2000

Chris Clarke

 

William King

 

Anake Singh

 

 

 

 

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