LMS Capital plc ("LMS" or the "Company")
Chair Appointment

15 May 2024

LMS is pleased to announce that Jamie Wilson, who joined the Board as Senior Independent Director in 2019, has been appointed as Non-Executive Chairman with effect from the Company's AGM taking place today. The current Chairman, Robbie Rayne, will remain on the Board as a non-executive director.

James is currently Chairman and Managing Partner of Source Squared, a US private equity business, and before that was a founding partner of Boston Ventures, one of the leading U.S media private equity funds. James currently serves on the State Board of Advisors for The Salvation Army, and the Advisory Board of the Cambridge Conservation Initiative at Cambridge University in the UK.

Commenting on his appointment as Chair Jamie Wilson said:

"On behalf of the Board I would like to thank Robbie for his work as Chairman  and, as I step into the role, I look forward to his continuing involvement on the Board as a director. I, and the rest of the Board, are very aware of the challenges facing smaller listed companies, and we remain focussed on delivering an attractive return for our shareholders."

For further information please contact:

LMS Capital plc
Nick Friedlos - Managing Director
0207 935 3555

Shore Capital, Broker
Gillian Martin, Rose Ramsden - Corporate Advisory
0207 408 4050