LONDON - Fintel plc (AIM:FNTL), a provider of software and services to the UK retail financial services sector, announced today the appointment of Cavendish Capital Markets Limited as its nominated adviser and joint broker.
The appointment is effective today, with Zeus Capital ceasing to act as nominated adviser and joint broker to the company. Cavendish will work alongside Fintel’s recently appointed joint brokers Panmure Liberum and Peel Hunt. MHP Group continues as financial public relations adviser.
The changes are based on a press release statement from the company.
Phil Smith, non-executive chairman of Fintel, said the company is "pleased to welcome Cavendish to our advisory team." He stated the combined financial services franchises and investor distribution platforms across the advisory team will "further enhance our capital markets representation."
Smith added that the strengthened broker lineup will "support increased investor engagement and help to ensure that the market has a clear understanding of the scale of the opportunity ahead for Fintel." He thanked Zeus Capital for their support and service to the company.
Fintel operates through two divisions, Software & Data and Services, providing technology and support services to intermediary businesses, data and distribution services to financial institutions, and product ratings for consumers. The company’s portfolio includes brands such as Defaqto, Simplybiz and threesixty.
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