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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Orchard Funding Group Plc | LSE:ORCH | London | Ordinary Share | GB00BYZFM569 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.00 | -3.33% | 29.00 | 28.00 | 30.00 | 29.00 | 29.00 | 29.00 | 0.00 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Brokers & Dealers | 7.86M | 1.71M | 0.0802 | 3.74 | 6.41M |
TIDMORCH
RNS Number : 5175U
Orchard Funding Group PLC
31 July 2020
31st July 2020
Orchard Funding Group Plc
("Orchard" or the "Company")
Directorate Change
Orchard Funding Group PLC, the finance company which specialises in insurance premium finance and the professions funding market, announces that Steven Hicks, current Independent Non-Executive Director, has been appointed new Independent Chairman effective from the 7 October 2020, the date Mark Sismey-Durrant, the current Independent Chairman, will leave the Board. Steven will continue as a member of the Audit Committee and the Nominations Committee and will be appointed Chairman of the Remuneration Committee from the 7 October 2020.
Ravi Takhar, CEO stated: "We are delighted to appoint Steven Hicks as our new Chairman. Steven has been working with us as an independent non-executive director since December 2019 and therefore has an in-depth knowledge of our business. Steven also has many years of banking experience and is currently Chair of Board Risk Committee at State Bank of India (UK) Limited. We would also like to thank Mark Sismey-Durrant for his work and support to our business. We wish him the very best for the future."
For further information, please contact:
Orchard Funding Group PLC +44 (0)1582 346 248
Ravi Takhar, Chief Executive Officer
Liberum (Nomad and Broker) +44 (0)20 3100 2222
Neil Patel
Richard Bootle
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 31, 2020 02:00 ET (06:00 GMT)
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