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
This announcement contains inside information
Marwyn Acquisition Company II Limited (the "Company" or "MAC II")
Appointment of Will Self as CEO
MAC II announces that Will Self has today been appointed as Chief Executive Officer and will join the board as an Executive Director of MAC II. Mr Self will now lead the development and execution of the overall company strategy.
Mr Self was previously at 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.
With the combination of social and macroeconomic conditions and trends, the Directors believe all generations are facing increasingly challenging financial situations, and that there is a well-defined need and opportunity, now more than ever, for clear and impartial support and solutions to be provided to, and shared amongst, friends, family and peers.
MAC II is 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 acquisitions of platform and bolt-on businesses and potential strategic partnerships with established financial services operators. It will also focus on delivering ongoing operational improvements in the businesses it acquires.
Chairman Mark Hodges commented: "We are delighted to welcome Will Self to the MAC II board as Chief Executive Officer. Will's sector expertise and knowledge will be invaluable as we deliver our strategy for MAC II to create new solutions to support families."
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
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/.
Will Self (aged 40 years) currently holds or has held the following directorships in the past five years:
Current Directorships
The Seckford Foundation
Stable Trading Limited
The Children's Hospice For The Eastern Region
East Anglia's Children's Hospices (Trading) Limited
East Anglia's Childrens Hospices
Past Directorships
Curtis Banks Group Plc
Pensions Partnership Ssas Trustees Limited
Pensions Partnership Sipp Trustees Limited
Rivergate Legal Ltd
Tower Pension Trustees Limited
Dunstan Thomas Group Limited
Mysipp Trustees (Property) Limited
Mysipp Trustees Limited
Suffolk Life Annuities Limited
Colston Trustees Limited
Eppl P1056 Limited
Montpelier Pension Trustees Limited
Oval Trustees Limited
Tpp Nominees Limited
Sla Property Company Limited
The Ward Mitchell Trustees Limited
Tower Pension Trustees (S-B) Limited
Templemead Property Solutions Ltd
Sam Trustees Limited
Suffolk Life Group Limited
T M Trustees Limited
Sps Trustees Ltd
Suffolk Life (Spartan Estate) Limited
Suffolk Life Pensions Limited
Talbot And Muir Limited
Bridgewater Pension Trustees Limited
Temple Quay Pension Trustees Limited
Crescent Trustees Limited
Myssas Trustees Limited
Myssas Trustees Limited
The Pensions Partnership Ltd
Eppl P1051 Limited
European Pensions Properties Limited
Eppl P1060 Limited
Eppl P1088 Limited
Eppl P1062 Limited
Eppl P1047 Limited
There are no further details to be disclosed under FCA's Listing Rule 9.6.13R in respect of the appointment of Will Self.
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