St Helens Capital

St. Helen's Capital Plc has announced that it has appointed Rick Abbott as a non-executive director and Robert Kretowicz as a member of its corporate finance team.Abbott and Kretowicz are each subscribing for 357,142 new Ordinary Shares at 7p per share in the Company, each representing 2.42 per cent of the enlarged share capital of St. Helen's Capital. Abbott has 25 years of City experience across the financial sector. He was formally a managing director of ABN AMRO and before that an executive director and global head of financial institutions, investment banking at Deutsche Morgan Grenfell. Until the end of 2003, he was chief executive of Park Row Group Plc, a leading UK IFA brand, where he successfully completed a board restructuring and sold the Group to Royal Liver Assurance for £16.7m, becoming non-executive chairman of Royal Liver IFA (Holdings) Ltd. He started his career in the City in 1978 at the Bank of America. Abbott is currently con-executive chairman of i-mob Ltd, for whom St. Helen's Capital has recently completed a pre-IPO fundraising of around £500,000. Kretowicz, an ACA, has 23 years of corporate finance experience in senior positions in the corporate finance departments of several major financial institutions including Morgan Grenfell, Chemical Bank, Salomon Brothers and Union Bank of Switzerland. He has worked with a wide range of corporations in providing advice on corporate activities including take-overs and mergers, flotations, capital raising and management buyoouts and buy-ins. He has expertise in the financial services, property, media, leisure, cosmetics and oil and gas sectors.

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