Honye Financial Services appoints John Treacy to its Board as Non-Executive Director alongside Shaun Carew-Wootton as Non-Executive Chairman

– CAYMAN ISLANDS, Midland –  Honye Financial Services Ltd (LON: HOYE), a SPAC formed to undertake one or more acquisitions of businesses in the financial services and financial technology sector, today announced the appointment of John Treacy to its Board as a Non-executive Director with immediate effect.

The Company also the nomination of Shaun Carew-Wootton to the role of Non-executive Chairman.

About John Treacy

John Treacy is an experienced financier who specializes in working with growing companies. He qualified as a solicitor in the London office of a major international law firm where he specialized in Capital Markets and Mergers & Acquisitions. From there he moved to practice corporate finance in the advisory teams of several prominent UK brokerages where he acted as an adviser to several AIM companies and advised on numerous IPOs, acquisitions, debt restructurings, and placings.

Mr. Treacy was appointed as a director of Sport Capital Group Holdings Limited on incorporation on 20 December 2018. This company was placed into a solvent members’ voluntary liquidation on 31 May 2019 and on 24 July 2020, the company was dissolved. Mr. Treacy was a director of Unione Sportiva Città di Palermo S.p.A. for approximately five weeks between the dates of 31 December 2018 and 4 February 2019. Unione Sportiva Città di Palermo S.p.A. was declared bankrupt by the Court of Palermo on 18 October 2019. Mr. Treacy was subsequently issued a nine-month suspension from the management of Italian football clubs on 3 September 2020 by La Corte Federale d’Appello following the bankruptcy of Unione Sportiva Città di Palermo S.p.A. Mr. Treacy appealed this ruling to the Collegio di Garanzia Dello Sport. The Collegio di Garanzia Dello Sport, being the senior court, upheld his appeal, and reversed the decision of La Corte Federale d’Appello, resulting in the decision being overturned and Mr. Treacy being exonerated.

For more information: http://www.honyefinance.com/

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