Jaywing plc announced the appointment of Henry Turcan and David Beck to the Company's board of directors as Non-Executive Directors, with immediate effect. Henry is a fund manager at Lombard Odier Asset Management (Europe) Limited. He has been advising and investing in UK smaller companies for over 20 years and has extensive experience of assisting public companies in creating value for all stakeholders.

Henry is being appointed as a representative of Lombard Odier Asset Management (Europe) Limited, acting in its capacity as discretionary investment manager or sub-adviser for and on behalf of certain funds and accounts managed by it which in aggregate hold 18.86% of the Company's issued share capital and 50% of the Company's outstanding Loan Facility. David was Chief Executive of Merit Group Plc, the data and intelligence business, until 31 January 2024, where he led a successful restructuring and turnaround of the business. Previously David spent over thirty years working in the marketing communications industry advising large corporates on strategic reviews and transactions.

David is being appointed as a representative of DSC Investment Holdings Limited, a Company owned and controlled by Lord Ashcroft, which holds 50% of the Company's outstanding Loan Facility. Under the terms of the Loan Facility each of DSC and Lombard Odier Asset Management (Europe) Limited is entitled to appoint up to two representatives to the board of the Company. Lord Ashcroft also holds 29.91% of the Company's issued share capital.