EX-99.1 3 nick-ex99_1.htm EX-99.1 EX-99.1

Exhibit 99.1

 

 

 

 

 

 

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FOR IMMEDIATE RELEASE

Nicholas

Contact: Irina Nashtatik

NASDAQ: NICK

Nicholas Financial, Inc.

Corporate Headquarters

26133 US Highway 19 North

Suite 300

Clearwater, FL 33763

              CFO

               Ph # (727)-726-0763

Web site: www.nicholasfinancial.com

Nicholas Financial Announces Extension of Chief Executive Officer's Employment Agreement

 

August 15, 2023 – Clearwater, Florida - Nicholas Financial, Inc. (NASDAQ: NICK) announced the extension of Michael Rost's Employment Agreement as Chief Executive Officer (CEO) through February 29, 2024. The material terms of Mr. Rost’s Employment Agreement are disclosed in the Company’s Form 8-K filed on the date thereof.

For more information on Nicholas, visit www.nicholasfinancial.com.

 

About Nicholas Financial, Inc.

Nicholas Financial, Inc. (NASDAQ:NICK) is a specialized consumer finance company, operating in both Southeastern and Midwestern U.S. States. The Company engages primarily in acquiring and servicing automobile finance installment contracts (“Contracts”) for purchases of used and new automobiles and light trucks. For an index of Nicholas Financial, Inc’s new releases or to obtain a specific release, please visit our website at www.nicholasfinancial.com.

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