13 March 2024
EARNZ plc
("Verditek" or "the Company")
Directorate Change
EARNZ plc (AIM:EARN) is pleased to announce the
appointment of Elizabeth Lake as a Non-Executive Director with
immediate effect.
Elizabeth is an accomplished executive with
more than 25 years of finance and commercial experience.
Previously, Elizabeth joined the board of Revolution Beauty Group
as CFO in May 2022 and was instrumental in turning around the
business following the suspension of its shares from trading on
AIM. Prior to Revolution Beauty, she was CFO of AIM quoted,
Everyman Media Group. During her time at Everyman, Elizabeth
successfully led the company through the challenges presented by
the Covid 19 pandemic, demonstrating her ability to navigate
uncertainty with strong financial and operational
acumen.
Prior to Everyman, Elizabeth was Chief
Financial Officer at AIM quoted, Science in Sport, and before that
finance director at Hugo Boss UK and Ireland. She brings extensive
UK plc experience to EARNZ having also worked in finance roles at
Marks & Spencer, Pearson and Thomson Reuters. Elizabeth is ACA
qualified having trained at Coopers and Lybrand (now
PwC).
Further details pursuant to AIM Rule 17 and
Schedule Two (g) of the AIM Rules for Companies ("AIM Rules") are
set out below.
Bob Holt,
Executive Chairman of EARNZ, said:
"We are pleased
to welcome Elizabeth to the Board and look forward to working with
her as we continue to search for acquisition opportunities.
Elizabeth brings a range of experience and skills spanning multiple
sectors and will be a valuable addition to the
Company."
For further
information, please contact:
EARNZ
plc
|
+44 (0) 7778 798 816
|
Bob Holt
|
|
John Charlton
|
|
|
|
Shore
Capital (Nominated Adviser and Joint
Broker)
|
+44 (0) 20 7408 4090
|
Tom Griffiths / Lucy Bowden
|
|
|
|
WH
Ireland (Joint Broker)
|
|
Hugh Morgan / Antonio Bossi / Andrew de Andrade
|
+44 (0) 20 7220 1666
|
This announcement contains inside information for the purposes
of Article 7 of the UK version of Regulation (EU) No 596/2014 which
is part of UK law by virtue of the European
Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the
publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
Appendix - AIM Rule 17
Elizabeth Lake
Save for the information set out
below, there are no further disclosures to be made in accordance
with Rule 17, Schedule Two (g) of the AIM Rules in respect of the
appointment of Elizabeth Janet Lake, aged 56. Elizabeth currently
holds 133,333,333 ordinary shares of 0.04p each in the Company,
representing approximately 13.97% of the issued share
capital.
Current
Directorships/Partnerships
108 Editions Ltd
Schoolready Ltd
The Life Ready Group Limited
Past
Directorships/Partnerships (within 5 years)
ECPee Ltd
Everyman Media Group plc
Everyman Media Holdings Limited
Everyman Media Limited
PhD Nutrition Limited
Revolution Beauty Cosmetics Ireland
Revolution Beauty Gmbh
Revolution Beauty Group PLC
Revolution Beauty Holdings Ltd
Revolution Beauty Labs Ltd
Revolution Beauty Limited
Revolution Beauty New Zealand
Revolution Beauty Nominee Ltd
Revolution Beauty UK Holdco Limited
Science in Sport PLC
SiS (APAC) PTY Limited
SiS (Italy) Srl
SiS (Science in Sport) Ltd
SiS (US)