LONDON, UK: Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, announced that it has received authorisation from the United States Environment Protection Agency for the Company’s Grafysorber technology to be used on any oil contamination on US territory. Directa Plus’s patented Grafysorber…
Burford Capital’s management team invest $3 million in the company stock
LONDON, UK: Burford Capital Limited, the leading global finance and asset management firm focused on law, announced that Chief Executive Officer Christopher Bogart, Chief Investment Officer Jonathan Molot, Chief Financial Officer Kenneth Brause and Co-Chief Operating Officers Aviva Will and David Perla have in aggregate invested $3 million in Burford’s stock since March 31, 2022….
Bernard Pryor appointed Managing Director of Karo Mining Holdings
PAPHOS, CYPRUS: Tharisa Plc, the platinum group metals (PGMs) and chrome co-producer listed on the Johannesburg and London stock exchanges, announced that Bernard Pryor has been appointed as Managing Director (MD) of Karo Mining Holdings Limited. Tharisa announced on 31 March 2022 that it has exercised its farm-in option and increased its stake in Karo…
Aviva appoints Charlotte Jones as Chief Financial Officer
LONDON, UK: Aviva plc has appointed Charlotte Jones as Chief Financial Officer and Executive Director with effect from 5 September 2022. Charlotte Jones was previously Chief Financial Officer of RSA Insurance plc and Interim Chief Executive Officer of the RSA UK & International business. Charlotte has enjoyed a highly successful career in financial services including…
DomaCom appoints new Chairman and CEO
SYDNEY, AUSTRALIA: The Board of DomaCom Limited (ASX: DCL) has appointed a new Chairman, Chief Executive Officer of the Company and a new director. Former Liberal Party Leader and experienced economist and company director, Dr John Hewson has been appointed DomaCom non-executive Chairman and experienced financial services leader John Elkovich has been appointed Chief Executive…
Atea Finland acquires Gambit Group
OSLO, NORWAY: Atea Finland has acquired Gambit Group, an IT services provider based in Vaasa, Finland. The acquired business specializes in information management solutions, including data analytics, machine learning and related system development. The parties have agreed that transaction terms shall remain confidential. Gambit Group had revenue of approximately 4 million Euro in the fiscal…
Hubify to acquire Managed Services & Telco Business of Connected Intelligence
SYDNEY, AUSTRALIA: Hubify Limited (ASX: HFY) has executed a Business Sale Deed with Connected Intelligence to acquire its Managed Services and Telco Business effective April 1, 2022. The acquisition will contribute $2.6m in revenue and $0.87m EBITDA on an annualised basis based on year to date FY20 results and will be highly earnings accretive for…
Left Field Printing Group acquires ScotPac Chattel Mortgages Facility
SYDNEY, AUSTRALIA: Left Field Printing Group Limited has acquired the Chattel Mortgage facility held by Scottish Pacific Business Finance Pty Ltd at its current indebtedness of ~$5M and has advanced Ovato a further $5m under this facility to assist with Ovato’s working capital. A chattel mortgage allows the buyer to use the equipment while the…
Armour Energy CEO, Bradley Lingo, resigns
SYDNEY, AUSTRALIA: The Directors of Armour Energy Limited (ASX: AJQ) hereby advise that Mr Bradley Lingo has resigned as CEO of the Company, effective immediately. Armour Energy Executive Chairman, Mr Nicholas Mather, commented: “The Board of Directors thank Bradley for his contribution to the Company during a challenging period.” Until a replacement is appointed, the…
Vmoto enters advisory & investment deal with Giovanni Castiglioni, Graziano Milone
SYDNEY, AUSTRALIA: Global electric vehicle company Vmoto Limited (ASX: VMT) has entered into a strategic advisory and investment agreement with Giovanni Castiglioni (Castiglioni) along with a partnership and investment agreement with Graziano Milone (Milone), both well-known and experienced European entrepreneurs, investors and executives in the global motorcycle industry. The Castiglioni family has over thirty years…
Pepper Money to acquire 65% interest in Stratton Finance for $78mn
SYDNEY, AUSTRALIA: Pepper Money Limited (ASX:PPM) has executed binding agreements to acquire a 65% interest in Stratton Finance Pty Limited (Stratton) for $78.0 million. The acquisition is subject to Foreign Investment Review Board (FIRB) approval and other customary conditions precedent and is anticipated to complete in Q3 CY2022. The transaction values Stratton at $120.0 million…
TPW retail business sale: All substantial conditions now met
AUCKLAND, NEW ZEALAND: Trustpower (TPW) advised that all substantial conditions for the sale of its retail business to Mercury Limited (MCY) for $441million have now been met, with settlement expected to take place 1 May 2022. The sale includes Trustpower’s existing retail contracts to supply electricity, gas, fixed and wireless broadband and mobile phone services….