Marwyn Acquisition Company II Ltd Appointment of Will Self as CEO -Pensions Division (2120U)

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RNS Number : 2120U

Marwyn Acquisition Company II Ltd

27 March 2023

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO.

LEI: 2549008KZ7HM27V4O637

Marwyn Acquisition Company II Limited (the "Company" or "MAC II")

Appointment of Will Self as CEO of its Pensions Division

MAC II announces that Will Self has today commenced his role as Chief Executive Officer - Pensions Division, to lead the identification, acquisition, and integration of pensions businesses for MAC II.

Mr Self joins MAC II from Curtis Banks Group PLC (CBP:LON) where he was Chief Executive Officer. Prior to this, he was Chief Executive Officer of Suffolk Life, a division of Legal & General. He holds a variety of non-executive roles and an MBA from Cranfield.

Mr Self will lead the advancement of MAC II's stated investment strategy of seeking acquisition opportunities in the financial services sector, targeting businesses that present solutions to four interrelated themes: changing population and demographics; intergenerational wealth transfer; social and non-financial family support and concentration of wealth.

MAC II intends to execute its strategy through a combination of selective M&A of platform and bolt-on businesses, potential strategic partnerships with established financial services operators, as well as ongoing operational improvements in the businesses it acquires.

Chairman Mark Hodges commented: "We are delighted to welcome an executive of Will's calibre to MAC II to help us identify investment opportunities in the pension space at a time when it has never been more important to bring new solutions to families to manage intergenerational wealth. Will brings over twenty years of cross-functional experience leading financial services brands in the UK, including driving M&A, that will prove invaluable as we deliver our strategy for MAC II."

Will Self added: "I am excited to join MAC II and work with the Board and the Marwyn team. There is a great opportunity to bring greater consolidation in the marketplace leading to higher quality consumer outcomes and I look forward to leading this with the MAC II team."

Notes

Background

Marwyn Acquisition Company II ("MAC II") is an acquisition vehicle listed on the standard segment of the London Stock Exchange. The vehicle is led by Chairman Mark Hodges, who was previously CEO of ReAssure, prior to which he held senior executive plc board positions at a number of large financial services and consumer businesses including Centrica, Towergate and Aviva.

The Company is backed by Marwyn who have launched 11 previous comparable acquisition vehicles that have acquired platform businesses, which include Advanced Computer Software, BCA Marketplace, Breedon Aggregates and Entertainment One.

The company will pursue its stated investment strategy of seeking acquisition opportunities in the financial services, consumer and technology sectors.

More information on MAC II can be found here: https://marwynac2.com/ .

Enquiries:

Company Secretary

Antoinette Vanderpuije - 020 7004 2700

FGS Global - PR Adviser

Rollo Head 07768 994 987

Chris Sibbald 07855 955 531

Investec Bank plc - Financial Adviser 020 7597 5970

Christopher Baird

Carlton Nelson

Alex Wright

N.M. Rothschild & Sons Limited - Financial Adviser 020 7280 5000

Peter Nicklin

Shannon Nicholls

WH Ireland - Corporate Broker 020 7220 1666

Harry Ansell

Katy Mitchell

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March 27, 2023 02:00 ET (06:00 GMT)