MAC.L

Marechale Capital Plc
Marechale Capital Plc - Appointment of Director
6th August 2024, 06:00
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06 August 2024

Marechale Capital plc

("Marechale" or the "Company")

Appointment of Director

Marechale Capital plc (AIM: MAC), an established City of London based corporate
finance house with a long-term track record and a strong reputation for advising
and financing high growth consumer brands, leisure, clean energy, mineral
extraction and technology companies, announces the appointment of Mr Chris
Kenning as Non-executive Director of the Company with immediate effect .

As announced on 28 June 2023, Mr Chris Kenning made a strategic investment in
the Company, acquiring approximately 9.89 per cent. of the Company's issued
share capital at the time. As a part of the subscription, Mr Kenning was
provided with the right to join the board of the Company as a Non-executive
Director, subject to the completion of regulatory and due diligence processes.

Mr Kenning is a longstanding experienced corporate finance professional,
currently serving as the founder and Chief Executive Officer at Stubben Edge
Group Ltd since 2018, following a Management Buyout of two IOMA companies, IOMA
Broking (UK) Ltd and IOMA Group (UK) Ltd, where he had been a director since
2010 and 2014 respectively. Previously he was a director at IOMA Group including
the roles of Managing Director from 2014 to 2018 and Group Finance Director from
2011 to 2014. Prior to this he was corporate finance manager at Strand Partners
(now Hannam & Partners) from 2010 to 2011.

Mr Kenning graduated from the University of Edinburgh in 2006 with an MA
Economic History. He joined Grant Thornton from 2007 to 2010, where he qualified
as a chartered accountant and was admitted to the Institute of Chartered
Accountants in England & Wales (ICAEW).

The following information regarding the appointment of Mr Chris Kenning (aged
41) is disclosed under Schedule 2(g) of the AIM Rules.

Current positions,          Former positions, directorships and/or
directorships and/or        partnerships (within the last five
partnerships:               years):
Akoni Hub Limited           Edge1 Limited
Akoni Innovations Limited
Cedar Underwriting Limited
Duffy Boxing Limited
Edge Money Limited
Fildes Investments Limited
Finpoint Limited
Genesis Special Risks Ltd
Insurercore Ltd
Lucid UX Limited
Randell Dorling Limited
Stubben Edge (Risk)
Limited
Stubben Edge And Partners
Limited
Stubben Edge Capital
Limited
Stubben Edge Claims
Limited
Stubben Edge Distribution
Limited
Stubben Edge Events
Limited
Stubben Edge Group Limited
Stubben Edge Group
Operations Ltd
Stubben Edge Labs (SE
Labs) Limited
Stubben Edge Markets
Limited
Stubben Edge Media Limited
Stubben Edge Operations
Limited
Stubben Edge Payments
Limited
Stubben Edge Products
Limited

Mr Kenning has interest in 10,480,000 ordinary shares in the Company,
approximately 9.89 per cent. of the Company's issued share capital.  He holds no
options over ordinary shares or warrants over ordinary shares in the Company.

Save as set out above, no further information regarding Mr Kenning is required
to be disclosed pursuant to the AIM Rules for Companies.

Mark Warde-Norbury, Chairman of the Board of Marechale, said "Since Lord Howard
Flight's retirement, we have been reviewing possible replacement non-executive
directors. We have known and worked with Chris Kenning for a number of years now
and particularly since he became a significant shareholder. We feel confident
that Chris will add value as our new Board Director and look forward to
continuing to work with him in this new capacity."

For further information please contact:

Marechale Capital plc                            Tel: +44 (0)20 7628 5582
Mark Warde-Norbury / Patrick Booth-Clibborn
Cairn Financial Advisers LLP (Nomad and Broker)  Tel: +44 (0)20 7213 0880
Jo Turner / Sandy Jamieson


This information was brought to you by Cision http://news.cision.com
The following files are available for download:
https://mb.cision.com/Main/22671/4021382/2934392.pdf 2024-07-XX - MAC - Appointment of Director Final
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