verve press release - final

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Creative Benefit Solutions Limited secures development capital fundraise SRLV Corporate Finance LLP (“SRLV”), led by Corporate Finance Partner Robert Kidson and assisted by Sean Hackemann, advised Creative Benefit Solutions Limited (“Creative Benefits”), on its recent development capital fundraise. Creative Benefits is a group of companies providing employees with benefit plan and personal wealth solutions. The Group has an established market presence and specialises in the SME market, working with companies employing up to 1,000 employees. Creative has a highly experienced senior management team whose members have had a track record of success in the pension and financial services sectors. The investment was secured through a private placement. The funds will be used for developing and expanding its market leading Auto Enrolment proposition and services. Recent Government Auto Enrolment legislation requires every company in the UK to operate a pension scheme and contribute to it alongside its employees. Between 2014 and February 2018 it is mandatory for circa 1.25m companies employing 6.3m staff to comply with the Auto Enrolment legislation. Doug Johnstone, Non-Executive Chairman commented: “We have a strong business and have developed the leading product and support software for the Auto Enrolment market. We are now well placed to launch a major initiativve and become a leading player for Auto Enrolment. We have been very pleased with the services provided by SRLV”. Robert Kidson, Partner commented: “SRLV were delighted to work with the team at Creative Benefits in securing this development capital. Funding will allow the Group to develop its core offerings and expand its Auto Enrolment services. SRLV wishes Doug and the Board at Creative the very best as they implement this growth opportunity”.

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Page 1: Verve Press Release - FINAL

Creative Benefit Solutions Limited

secures development capital fundraise

SRLV Corporate Finance LLP (“SRLV”), led by Corporate Finance Partner Robert Kidson and assisted

by Sean Hackemann, advised Creative Benefit Solutions Limited (“Creative Benefits”), on its recent

development capital fundraise.

Creative Benefits is a group of companies providing employees with benefit plan and personal

wealth solutions. The Group has an established market presence and specialises in the SME market,

working with companies employing up to 1,000 employees. Creative has a highly experienced senior

management team whose members have had a track record of success in the pension and financial

services sectors.

The investment was secured through a private placement. The funds will be used for developing and

expanding its market leading Auto Enrolment proposition and services.

Recent Government Auto Enrolment legislation requires every company in the UK to operate a

pension scheme and contribute to it alongside its employees. Between 2014 and February 2018 it is

mandatory for circa 1.25m companies employing 6.3m staff to comply with the Auto Enrolment

legislation.

Doug Johnstone, Non-Executive Chairman commented:

“We have a strong business and have developed the leading product and support software for the

Auto Enrolment market. We are now well placed to launch a major initiativve and become a leading

player for Auto Enrolment. We have been very pleased with the services provided by SRLV”.

Robert Kidson, Partner commented:

“SRLV were delighted to work with the team at Creative Benefits in securing this development

capital. Funding will allow the Group to develop its core offerings and expand its Auto Enrolment

services. SRLV wishes Doug and the Board at Creative the very best as they implement this growth

opportunity”.

Page 2: Verve Press Release - FINAL

For further information,

please contact:

SRLV Corporate Finance LLPFifth Floor89 New Bond StreetLondonW1S 1DA

T: +44(0) 207 079 8888

www.srlv.co.uk

SRLV Corporate Finance LLP is registered in England as a Limited Liability Partnership, Number: OC358975. Regulated by the Institute of Chartered Accountants in England & Wales. Authorised and regulated by the Financial Conduct Authority.