22 December 2022

Seraphine Group plc

("Seraphine" or the "Group")

Appointment of Broker

Seraphine, the international digitally-led maternity and nursing wear brand, is pleased to announce the appointment of finnCap Ltd ("finnCap") as the Company's sole Broker with effect from today.

Sharon Flood, Chairman of Seraphine said: "I am pleased to announce the appointment of finnCap as the Company's broker and have been very impressed with how quickly they have developed a detailed understanding of the business, its culture and its strategy. I would also like to place on record my thanks to Numis for all the support they have given us; it is greatly appreciated."   

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About Seraphine

Seraphine is an international digitally-led maternity and nursing wear brand with a diverse range of innovative maternity and nursing products serving an under-competed global market.

Seraphine was founded in 2002 with the vision of creating desirable clothes which women would want to wear even if they were not pregnant, and this ethos remains true to this day. The Group has over 18 years' experience designing and developing maternity and nursing wear for women from first trimester to post-partum and nursing products.

The Group has achieved global brand recognition through its rapidly growing digital platform, which in the year to 4 April 2021, contributed to approximately 89% of revenue. The Group currently exports products to customers in over 120 countries globally, with the Group's largest markets being Europe, North America and the UK.