RNS Number : 7108R
Bracken Midco1 Plc
01 July 2020
Together Financial Services Limited
The information below constitutes a public disclosure of inside information by Bracken Midco1 plc under Regulation (EU) 596/2014 (16 April 2014).
1 July 2020
Together Financial Services Limited ('Together' or 'the Group'), one of the UK's leading specialist mortgage and secured loan providers, announces that John Lowe, Group Finance Director, has advised the Board of his intention to leave Together to seek new opportunities closer to his home. As a result, the Board will now commence a formal search for his successor.
John, who joined Together in January 2018, will remain a Director of the Group until the end of September to ensure an orderly handover of responsibilities and to support the completion of our year end reporting activity.
Gerald Grimes, Group CEO Designate of Together, commented: " On behalf of the Board I would like to thank John for all he has done for the Group over the last two and a half years and for his continued contribution. We will be sorry to see him leave and wish him every success for the future. We will commence a search for a successor to join our experienced executive management team, who have successfully navigated the business through several economic cycles, and which is supported by a Finance team with significant breadth and depth of expertise."
John Lowe added: " While this has been a difficult decision, I feel now is the right time for me to consider new opportunities for the next stage of my career. Specialist lenders remain highly relevant, helping consumers, investors and SME's who may otherwise be excluded from gaining access to mortgage finance, and I look forward to following the Group's continued success."
For further information:
Mike Davies, Director of Corporate + 44 7753 138185
Established in 1974, Together has been bringing common sense to the UK specialist lending market for over 45 years. Our expertise in lending means we can look beyond mainstream lending criteria to take an individual view of customers' needs and treat each application on its own merits.
We offer a wide range of specifically designed products, including short-term finance, auction finance, residential, buy-to-let and commercial mortgages and secured loans through our established distribution network.
In 2019, we placed 52nd in the Sunday Times Top 100 Best Companies to Work for and were also named in the Sunday Times Top Track 250 for the fourth time, placing 111th in the league table for growth and 4(th) for profitability. Together is the trading name of Together Financial Services Limited, which has its registered office address at Lake View, Lakeside, Cheadle, Cheshire SK8 3GW.
This announcement has been issued through the Companies Announcement Service of Euronext Dublin.
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(END) Dow Jones Newswires
July 01, 2020 05:41 ET (09:41 GMT)