Smoove plc

(The "Group", "Smoove" or the "Company")

Change of Nominated Adviser and Broker

Update on director details

Smoove plc (AIM: SMV), the customer focused technology and services business aiming to revolutionise home moving and ownership, announces that Panmure Gordon (UK) Limited has been appointed as the Company's Nominated Adviser and Sole Broker with immediate effect. 

Enquiries:

Update on directorship details

Under Schedule 2 paragraph (g) of the AIM Rules for Companies, the Company is required to disclose the following information in relation to the historic appointment of Martin Rowland, Non-executive Chairman. These details were accurately provided by Martin Rowland to the nominated adviser prior to his appointment but were, in error, subsequently not disclosed by the Nominated Adviser and the Company.

On 12 November 2008, DLG Equity Holdings Limited together with its subsidiaries DLG Finance Limited, DLG Bidco Limited, DLG Holdings Limited, DLG Acquisitions Limited, Data Locator Group Limited, Epic Care Limited and Call Connector Limited, of which Martin Rowland had then previously been a director, entered into administration. The companies subsequently entered into creditors voluntary liquidation and were liquidated on 21 May 2012 with a shortfall to creditors of £35.3m.

About Smoove:

Smoove's (hellosmoove.com) mission is to revolutionise the home moving and owning process for everyone involved. The Company's cornerstone cloud-based platforms provide significant leverage for growth with strong, established client bases and routes to market - including mortgage brokers, conveyancers, estate agents and lenders.

eConveyancer ( https://econveyancer.com/) is one of the leading distribution channels for conveyancing in the UK, bringing consumers and legal professionals together via comparison services, which provide solutions for home movers and the re-mortgage market.

The Company's existing platforms have been designed with a view to adding services and reach and the Company is well placed to create exponential returns as functionality increases.