RNS Number : 7635C
Manolete Partners PLC
23 June 2021

23 June 2021




("Manolete" or the "Company")


Appointment of Chairman Designate


Manolete (AIM: MANO), the leading UK-listed insolvency litigation financing company, today announces the appointment of Lord Leigh of Hurley as Senior Independent Director and Chairman Designate.  He will succeed the present Chairman, Mr. Peter Bertram at the conclusion of Manolete's forthcoming Annual General Meeting ('AGM').  Mr. Bertram, who has been Non-Executive Chairman since November 2018, will retire as Non-Executive Chairman and from the Board on the same date.


Howard Leigh is a qualified Chartered Accountant. In 1988 he set up Cavendish Corporate Finance LLP where he remains Senior Partner. In 2000, Howard was appointed as the Chairman of the Faculty of Corporate Finance of the Institute of Chartered Accountants in England and Wales (ICAEW). In 2008, he was awarded the Faculty's Outstanding Achievement in Corporate Finance award.


In 2018, Cavendish merged with finnCap and the new group - finnCap Group plc - was listed on the London AIM market. He is the Senior Treasurer of the Conservative Party and chairs four charities. In 2013, Howard was elevated to the Peerage as Lord Leigh of Hurley.


Steven Cooklin, Chief Executive Officer, said: "Howard has a tremendous record in the financial services sector. His experience will prove to be invaluable as we look to continue to grow the business. I am delighted that we have been able to attract someone of his calibre as Chairman Designate and I look forward to working with him closely.


"I would also like to record our great thanks to Peter Bertram for his expert guidance and leadership of the Board in the lead up to our IPO in 2018, and the role he played to help position Manolete as a well-established listed company."


Lord Leigh of Hurley, Chairman Designate, said: "'I am delighted to have been appointed as Chairman Designate of Manolete. Steven and his team have built a first-rate business which occupies a unique position in the litigation finance sector. I am really looking forward to working with everyone to grow the business further in the coming months and years."


Peter Bertram, Outgoing Chairman, said: "I have thoroughly enjoyed my time as Non-Executive Chairman of Manolete. Since the IPO, we have made excellent progress and the business is well positioned for further growth. I feel now is the right time to step back and retire from the Board, and in Lord Leigh of Hurley, the Board has found an excellent candidate with highly relevant experience. I wish him, Steven and everyone at Manolete every success for the future."


Additional information


The following information is disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.


Lord Howard Darryl Leigh of Hurley, aged 62, is or has during the last five years been a director or partner of the following companies and partnerships:


Current directorships

Previous directorships

Craig & Company (Properties) Limited

Blue Inc (UK) Limited

Station Court (Wembley) Management Company Limited

Leighstel 2 Limited

Dependable Homes Limited

Leighstel 1 Limited

Dependable Investments Limited

M&A International Partners Limited

City and Suburban Investments Limited

Cavendish Corporate Services Limited

Dennis Reed Limited

Cavendish Corporate Finance (UK) Limited

Dependable Properties Limited

finnCap Group plc

Cavendish Corporate Finance LLP



Lord Howard Darryl Leigh of Hurley was a director of Blue Inc (UK) Limited for a short period from April 2015 to December 2016. In March 2017 Blue Inc (UK) Limited entered into a Company Voluntary Arrangement.


Lord Howard Darryl Leigh of Hurley and persons closely associated with him hold in aggregate 70,000 ordinary shares of Manolete Partners plc.


Save as disclosed above, there is no further information required to be disclosed in respect of Lord Howard Darryl Leigh of Hurley pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies.


For further information please contact:


Manolete Partners: 

Steven Cooklin (Chief Executive Officer)              via Instinctif Partners


Peel Hunt (NOMAD and Broker )                       +44 (0)20 7418 8900 

James Britton

Rishi Shah

Duncan Littlejohns


Instinctif Partners (Financial PR)                      manolete@instinctif.com / +44 (0)20 7457 2020

Lewis Hill

George Peele

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