SYNOVA ANNOUNCES APPOINTMENT OF TIM ASHLIN

Synova Capital LLP (“Synova” or the “Partnership”), a leading investor in UK growth companies, is pleased to announce the appointment of Tim Ashlin, former Head of Healthcare & Education at Phoenix Equity Partners, to the Partnership.

David Menton, a Managing Partner of Synova, commented: “We are delighted to announce Tim’s arrival at Synova. The combination of ten years’ experience at Phoenix, his exceptional investment track record, and his focus on the Healthcare & Education sectors, makes Tim an outstanding addition to our team.”

On his appointment Tim Ashlin commented: “I am delighted to be joining a firm with such a strong track record, particularly in the healthcare sector. I look forward to playing a significant role within the Synova team as we identify and invest in further high quality UK growth businesses.”