Directorate Change

13 July 2017

Findel plc ("Findel" or "the Group")

Findel appoints Stuart Caldwell as Chief Financial Officer

Findel, the online value retail and education business, is pleased to announce the appointment of Stuart Caldwell as Group Chief Financial Officer (CFO) with immediate effect.

Stuart has held the position of Acting CFO since April 2017, prior to which he was Group Financial Controller. He is a qualified Chartered Accountant and a fellow of the Association of Corporate Treasurers. After qualifying within the profession he held a number of roles with Provident Financial plc before moving to Findel in 2010.

As part of this announcement, Stuart will be appointed to the Findel plc Board.

Commenting on the appointment, Ian Burke, Chairman, said:

"I am delighted that Stuart will be taking on the role of CFO on a permanent basis. His knowledge and experience marked him out during the search process, and since joining Findel as Chairman I have been impressed with the positive actions he has undertaken to reinforce the Group finance function.

Stuart's appointment further strengthens the new management team as we focus on the delivery of our medium-term growth plans."

The Company confirms that there is no further information about Stuart Caldwell requiring disclosure under paragraph 9.6.13 (1) to (6) of the Listing Rules of the UK Listing Authority.

Enquiries

Findel plc

Ian Burke

Phil Maudsley

0161 303 3465

Tulchan Communications LLPSusanna Voyle / Will Smith020 7353 4200