FRP Advisory Group PLC Directorate Change (4176R)

TIDMFRP

RNS Number : 4176R

FRP Advisory Group PLC

01 March 2023

FRP Advisory Group plc

("FRP", the "Group" or the "Company")

Directorate Changes

FRP Advisory Group plc, a leading national specialist business advisory firm, today announces the appointment of Kathryn Fleming as a Non-executive Director with effect from 1 April 2023.

Kathryn is currently CFO of Control Risks Group, a global risk management consultancy and is a member of both their board and executive committee where she is responsible for overseeing all aspects of the financial performance and strategy across its worldwide operations. Kathryn also sits as a Non-Executive board member on Seerist Inc, a SaaS based provider of augmented analytics technology. Prior to that she held senior executive roles at leading professional service firms, Osborne Clarke and Eversheds. Kathryn is a Chartered Management Accountant.

On 30 April 2023, existing non-executive director, David Adams, will step down from his role. David has been on the board of FRP since shortly after its inception in 2010 and his contribution to the Group has been invaluable, supporting its growth from a small partnership into the c.GBP100 million revenue business it is today. He has also played a significant role in the creation and evolution of FRP's Corporate Finance business. The Group is exceptionally grateful for his contribution over the last 13 years.

Nigel Guy, Non Executive Chairman of FRP Advisory Group plc, said:

"After an extensive search process, we are very pleased to have someone of Kathryn's calibre joining the FRP board. Her experience of working in growing professional service firms with people at the core of the proposition is very relevant to us. At the same time, I would like to place on record our thanks to David Adams who will be stepping down from the Board shortly. David's experience and wise counsel has been invaluable over many years as we have transitioned from a small restructuring business into a listed, national, advisory firm."

Pursuant to Schedule 2 (g) of the AIM Rules for Companies, Kathryn Elizabeth Fleming (aged 51) has held the following directorships or partnerships in the past five years:

 
 Current                           Previous 
 Next Generation Legal Services    n/a 
  (NGLS) Ltd 
  Control Risks Group Holdings 
  Limited 
  Control Risks Group Limited 
  Control Risks Limited 
  Control Risks International 
  Limited 
  Control Risks Denmark ApS 
  Control Risks Ventures Limited 
  Control Risks Capital Limited 
  Seerist UK Limited 
  Control Risks Saudi Arabia 
  Limited 
  Control Risks Services (West 
  Africa) Limited 
  Seerist, Inc. 
                                  --------- 
 

Kathryn Fleming does not hold any ordinary shares in the Company.

There is no further information required to be disclosed in respect of the above appointment pursuant to Rule 17 and Schedule 2 (g) of the AIM Rules for Companies.

Enquiries:

FRP Advisory Group plc

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

Cenkos Securities plc (Nominated Adviser and Joint Broker)

Katy Birkin/Max Gould (Corporate Finance)

Alex Pollen (Sales)

Tel: [phone]

Investec Bank plc (Joint Broker)

Carlton Nelson / James Rudd (Corporate Broking)

Tel: [phone]

MHP (Financial Public Relations)

Oliver Hughes

Charlie Barker

Pete Lambie

Tel: [phone]

[e-mail]

Notes to Editors

FRP is a leading national specialist business advisory firm established in 2010. It offers a range of advisory services to companies, lenders, investors and other stakeholders, as well as individuals. These services include:

-- Restructuring advisory: corporate financial advisory, formal insolvency appointments, informal restructuring advisory, personal insolvency and general advice to all stakeholders.

-- Corporate finance: mergers & acquisitions (M&A), strategic advisory and valuations, financial due diligence, capital raising, special situations M&A and partial exits.

-- Debt advisory: raising and refinancing debt, debt amendments and extensions, restructuring debt, asset based lending and corporate and leveraged debt advisory.

-- Forensic services: forensic investigations, compliance and risk advisory, dispute services and forensic technology.

-- Financial advisory: transaction services including financial due diligence, alongside its lender services, financial modelling, valuations, pensions and company-side advisory services.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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.

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

BOAPPUQGPUPWPUR

(END) Dow Jones Newswires

March 01, 2023 02:00 ET (07:00 GMT)