LONDON, UK: Mode Global Holdings has launched its revolutionary open banking payments and Bitcoin rewards solution with THG Plc, the proprietary technology platform specialising in taking brands direct to consumers globally. Originally scheduled for roll-out over the course of 12 months starting from the end of Q3 2021, Mode’s integration into THG has been heavily…
Sherwood completes acquisition of Arrow Global Group
LONDON, UK: Sherwood Acquisitions Limited has completed the acquisition of Arrow Global Group plc. The boards of Arrow Global Group plc and Sherwood Acquisition Limited (Bidco) reached an agreement on the 31st March 2021 on the terms of a recommended acquisition. Bidco has today acquired the entire issued and to be issued share capital of…
EKF Diagnostics completes acquisition of ADL Health
LONDON, UK: EKF Diagnostics Holdings announced the acquisition of ADL Health has completed. Application has been made for admission of 8,937,337 Consideration Shares to trading on the AIM Market of the London Stock Exchange based on an exchange rate of US$1.37115:£1. Admission is expected to take place on 14 October 2021. The Consideration Shares will,…
IQE signs IT transformation agreement with Critical Manufacturing
LONDON, UK: IQE plc, the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, has entered into a multi-year strategic IT transformation agreement with Critical Manufacturing to support the future growth. IQE has engaged Critical Manufacturing to deliver a Manufacturing Execution System (MES) which will: · Enable IQE…
PCI Pal adds Amazon Connect, Marketplace to its partner eco-system
LONDON, UK: PCI-PAL, the global cloud provider of secure payment solutions for business communications, announced a further strategic expansion of its market leading partner eco-system with an integration to Amazon Connect, Amazon’s omnichannel cloud contact centre solution. Amazon customers can now access PCI Pal services across its global cloud platform from anywhere in the world…
Insufficient financial robustness: OKEA halts Vette discovery
OSLO, NORWAY: OKEA, as operator of the Vette licence (40% Working Interest (WI)), has decided to propose to the licence partners not to develop the Vette discovery further, due to the project’s insufficient financial robustness, a bourse filing said. OKEA took over operatorship of the licence earlier this year and has been maturing the discovery…
DP World forms investment platform to invest in Africa
DUBAI, UAE: DP World has created an investment platform in partnership with the UK’s development finance institution and impact investor CDC Group (CDC), a bourse filing said. The platform covers a long-term investment period. DP World is contributing its stakes in three existing ports initially and expects to invest a further $1 billion through the platform over the next several…
Jack Bai appointed CEO of GSTechnologies Limited
LONDON, UK: GSTechnologies Limited, the fintech and information technology solutions company, announced the appointment of Mr Bai GuoJin (Jack Bai), an existing Executive Director, as the Company’s new Chief Executive Officer with immediate effect. Jack Bai, who joined the GST board in January 2021, has over 30 years’ experience in software development for the financial…
Econocom helps create Europe’s leader in open source
PUTEAUX: Econocom, Europe’s first digital general contractor, has announced that its satellite Alter Way, an emblematic player in open source in France, will be joining the Smile group, which seeks to bolster its role as Europe’s open-source leader. Alter Way will remain a special business partner to Econocom in open-source services. Jean-Louis Bouchard, Econocom’s founder…
Peter Ward appointed as new CEO for MOQ Limited
SYDNEY, AUSTRALIA: MOQ Limited has appointed Peter Ward as Chief Executive Officer. Peter is an experienced business leader, a bourse filing said. As Managing Director for WARDY IT Solutions prior its acquisition by MOQ Limited, he grew the company to be Australia’s leading provider of Data Platform and Data Analytics services and solutions. Peter has…
Carbon Transition ASA invests NOK 40mn in CO2 Capsol
OSLO, NORWAY: Carbon Transition ASA has made its third investment under its new strategy by investing NOK 40 million in CO2 Capsol AS and thereby supporting their pre-IPO financing round to accelerate CO2 Capsol’s growth. The investment provides Carbon Transition with a 6.8% fully-diluted ownership in CO2 Capsol. CO2 Capsol’s patented carbon capture technology has…
Jean-Baptiste Lucas appointed CEO of McPhy Energy
LA MOTTE-FANJAS: McPhy Energy, a specialist in hydrogen production and distribution equipment, announced that the Board of Directors appointed Jean-Baptiste Lucas as Chief Executive Officer, replacing Luc Poyer. Jean-Baptiste Lucas’ mandate will take effect on October 18, 2021. Consequently, the Board of Directors has decided to redissociate the functions of Chairman of the Board of…