Vordere PLC Appointment of new non-executive Director (3627U)
October 23 2017 - 9:37AM
UK Regulatory
TIDMVOR
RNS Number : 3627U
Vordere PLC
23 October 2017
23 OCTOBER 2017
VORDERE PLC
("Vordere" or the "Company)
Appointment of new non-executive director
Vordere is pleased to announce the appointment of Stuart Cheek
as a non-executive Director of the Company with effect from 23
October 2017.
Stuart Cheek has over 35 years' experience in the financial
services sector, especially in sales and marketing, operating in
regulated securities trading in the UK. He began his career on the
floor of the London Stock Exchange and then the London
International Financial Futures Exchange. He later became one of
the original partners at Cantor Fitzgerald where he ran the
Sterling Bond Division before moving into Investment Banking. He
spent over 12 years at UBS and then Santander as Managing Director
and Head of UK Institutional Sales, where he was responsible for
overseeing and integrating sales and relationship management across
various asset classes. At Santander he was responsible for
creating, marketing and launching the Santander Gilt Edged Market
Making operation and liaising with the Bank of England.
From 2009-10 Mr. Cheek was a partner, Managing Director and Head
of UK Government Bonds at BGC Partners, where he ran and grew the
government bonds desk and ancillary sterling products. He also
appeared on financial segments on Bloomberg, CNN, SKY news and
BBC.
Mr. Cheek is a co-founder of GFG Fund PCC Limited ("GFG Fund")
and GFG Limited, along with Nicholas Hofgren, who is Vordere's
Chief Executive Officer. Mr. Cheek was appointed as a Director of
GFG Fund on 14 March 2014. GFG Limited is a privately owned,
independent investment management and investment banking firm that
manages, inter alia, GFG Fund. GFG Limited provides advisory
services to the Company in connection with potential offers or
private placements, credit facilities, acquisitions and disposals.
GFG Fund holds 46,604,453 shares in the Company, which is 25.1% of
the total issued share capital. Mr Cheek also directly holds 78,163
ordinary shares in the Company.
Mr. Cheek is also founder and director of his own financial
consultancy company called Randall Duke Ltd.
Nicholas Hofgren, Chief Executive Officer, said: "We are
delighted that Stuart Cheek will be joining the Board to further
strengthen the skills and experience. I look forward to welcoming
him to the Board in due course".
There are no disclosures required in respect of this appointment
pursuant to paragraph 9.6.13 of the Listing Rules of the Financial
Conduct Authority, with the exception of Mr Cheek's former
appointment as a Director of The Bespoke Hardwood Flooring Company
Limited, which was dissolved by way of a creditors' voluntary
liquidation in November 2003.
For further information, please visit www.vordere.com or contact
the following:
Vordere PLC
+44 (0) 117 918
Jayne Meacham 1383
Peterhouse Corporate Finance Limited
+44 (0) 20 7220
Lucy Williams / Duncan Vasey 9797
LEI number of Vordere PLC: 213800VALWEYWTLOX423
Classification: Announcement made pursuant to LR 9.6.11R of the
UK Listing Authority
This information is provided by RNS
The company news service from the London Stock Exchange
END
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