TIDMFIN

RNS Number : 3694I

Finablr PLC

01 April 2020

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014.

1(st) April 2020

Finablr PLC (the 'Company')

Appointment of new Chief Executive Officer

T he Company is pleased to announce that Mr Bhairav Trivedi accepted his nomination to join the Board as Chief Executive Officer with immediate effect . Bhairav joined the Company on 10 March 2020.

Michael Tomalin, Co-Chairman of the Company and Chairman of the Nomination Committee, commented, "I am delighted that Bhairav has joined the Board of Directors. He is an experienced business professional with over 25 years senior management experience in strategy, sales, marketing, business development and operations in the financial services sector, with deep domain expertise in emerging technologies and payments with a special focus on the consumer payment and remittance industry."

There are no further disclosures to be made pursuant to Listing Rule 9.6.13.

As announced on 16(th) March 2020, the effective resignation date of Promoth Manghat as outgoing Chief Executive is now effected on the appointment of Bhairav Trivedi.

The Company also announces that Rahul Pai, Chief Financial Officer, has resigned but has agreed to support Bhairav Trivedi until a successor is identified.

END

Enquiries

The Company

Finablr PLC

Robert Moorhouse, Group Company Secretary +44 7825 213767

Ryan Ayache, Head of Investor Relations +971 2 3073 176

For more information, visit the Finablr website: www.finablr.com

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END

BOASSFSMFESSESL

(END) Dow Jones Newswires

April 01, 2020 02:06 ET (06:06 GMT)

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