3rd Aug 2026 15:00
3 August 2026
S & U PLC ("S&U" or "the Company")
Directorate Change/Director Resignation
Following the acquisition by Hodge Bank, of which he is a director, of Blue Motor Finance which operates in the same sector as Advantage Finance, an S&U PLC subsidiary, and to avoid any possible conflict of interest, Graham Wheeler has tendered his resignation from the S&U board with immediate effect.
Anthony Coombs, S&U chairman said: "I thank Graham for this wise decision and for the service he has given S&U over the past six years, both as Chief Executive of Advantage Motor Finance and then as a non-executive director. His wise counsel and experience have been invaluable."
For further information, please contact:
Enquiries Anthony Coombs | S&U plc | c/o SEC Newgate
|
Financial Public Relations Bob Huxford, Harry Handyside, Natasha Humphreys | SEC Newgate | 020 7653 9848 |
Broker Andrew Buchanan, Rob Parker | Peel Hunt LLP | 020 7418 8900
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Broker James Felix, John Welch, Daniel Gee-Summons | Berenberg | 020 3207 7800 |
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