LONDON, UK: Blackbird plc (AIM:BIRD), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird, announced the appointment of Sumit Rai as Chief Product Officer. Sumit will join the Company in June 2022 from VEGAS Creative Software where he holds the same role. Sumit has over 23 years leadership experience…
Euan Shirlaw appointed CEO of Norwegian Energy Company
OSLO, NORWAY: Norwegian Energy Company ASA (Noreco) announced that the board of directors of Noreco has appointed Euan Shirlaw as Chief Executive Officer with immediate effect. Mr Shirlaw has been the Chief Financial Officer of Noreco since the acquisition of Shell’s upstream assets in the Danish Underground Consortium (the “DUC”) in 2019, and since 29…
Huddlestock Fintech signs deal to acquire Trac Services and Trac Technology
OSLO, NORWAY: Huddlestock Fintech AS, a provider of innovative technology solutions, entered into an agreement with the intention to acquire 100% of Trac Services AS and Trac Technology AS, which includes Norwegian FSA licenses, giving the Huddlestock Group increased revenue potential and higher margins on their existing portfolio of wealth management products. The term sheet…
David McQuade to lead bpha, Futures Group and Flagship Group partnership
LONDON, UK: bpha, Futures Group and Flagship Group announced that should the partnership proposal go ahead, the new organisation would be led by David McQuade (Flagship CEO) who has been appointed CEO Designate. Flagship Chair, Peter Hawes has also been appointed Chair Designate for the new organisation with Mike Stevenson (Futures Chair) and Paul Leinster…
Stephen Carter to join Vodafone’s Board
LONDON, UK: Vodafone Group Plc announced that Stephen Carter will be appointed as a non-executive director following the Company’s Annual General Meeting on 26 July 2022, subject to shareholder approval. Vodafone’s Chairman, Jean-Francois van Boxmeer said: “I am delighted to welcome Stephen to Vodafone’s Board. He brings a track record of value creation and he…
Avation PLC sells ATR72-600s to Aegean Airlines
LONDON, UK: Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has completed the sale of the second of a series of ex-Virgin Australia Airlines ATR72-600s to Aegean Airlines. Avation’s Executive Chairman, Jeff Chatfield said: “Avation continues to reduce its few remaining unutilised aircraft in the fleet. We anticipate zero unutilised aircraft by the…
Silver Bullet Data Services signs Joint Venture Agreement with Making Science
LONDON, UK: Silverbullet Data Services (AIM: SBDS), a provider of digital transformation services and products, has entered into a Joint Venture Agreement with Making Science Group, S.A. (BME:MAKS), which will see the two companies combining their respective products, services, and talent to deliver solutions for the privacy-first, post-cookie era. Making Science is an international digital…
Dalata Hotel Group sells Clayton Crown Hotel, London for £21 million
DUBLIN, IRELAND: Dalata Hotel Group, the largest hotel operator in Ireland, with a growing presence in the United Kingdom and continental Europe, has signed contracts for the sale of the Clayton Crown Hotel, London, and the underlying business, to a company controlled by AG Hotels Group, for a cash consideration of approximately £21 million. The…
Mattioli Woods acquires Ferguson Financial Management Limited
LONDON, UK: Mattioli Woods plc (AIM: MTW.L), the specialist wealth and asset management business, announced that its subsidiary Ludlow Wealth Management Group Limited has acquired the trade and assets of Ferguson Financial Management Limited for an initial consideration of £0.6 million and potential further consideration of up to £0.6 million dependent on the attainment of…
REACT Group acquires LaddersFree Ltd for £8.5mn
LONDON, UK: REACT Group Plc (AIM: REAT) has completed the acquisition of LaddersFree Ltd., an established nationwide commercial window, gutter and cladding cleaning business, for a total consideration of up to £8.5 million on a debt-free and cash-free basis. This is REACT Group’s second acquisition and represents a further step in the company’s ambition to…
TEAM plc agrees to acquire Concentric Group Limited
LONDON, UK: TEAM plc has conditionally agreed to acquire the entire issued and to be issued share capital of Concentric Group Limited. Concentric is a Jersey based financial planning and investment consultancy business, delivering market-leading investment performance and analysis for high net worth individuals and institutional investors in Jersey and internationally. An initial consideration of…
Kingswood Holdings to acquire Vincent & Co Ltd financial advisors
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) announced it has agreed on the acquisition of Vincent & Co Ltd, a privately owned independent financial adviser firm based near Market Rasen in Lincolnshire. The acquisition is subject to regulatory approval. Kingswood Holdings Limited is the international, fully integrated wealth and investment management group. David Lawrence, UK…