Volta Finance Limited has appointed Graham Harrison as an independent director of the board. Mr. Harrison (50) is co-founder and Group Managing Director of ARC Group Limited. As previously announced on September 10, 2015, Mr. Gilligan will resign as Chairman of the company at the company's forthcoming AGM, following which Paul Meader will be appointed as Chairman and Paul Varotsis will assume the role of Senior Independent Director, subject to the re-election of each of Paul Meader and Paul Varotsis at the AGM.

Mr. Gilligan has served the Company since 2010 as Chairman and the Board.