Isle of Man
NEX Corporate Adviser
Peterhouse Corporate Finance Limited
New Liverpool House
3rd Floor, 15-17 Eldon Street
English Legal Advisers to the Company
Hill Dickinson LLP
The Broadgate Tower
20 Primrose Street
Isle of Man Legal Advisers to the Company
DQ Advocates Ltd
5 Mount Pleasant
Isle of Man
Reporting Accountants and Auditors
Chapman Davis LLP
2 Chapel Court
Share Registrars Limited
27-28 Eastcastle Street
Number of shares in issue: 41,494,282 and shares in public hands: 51.28% of the issued share capital
Warrants issued to Peterhouse and Turquoise Group: 414,943 and 2,074,714 respectively, equating to 1% and 5% of the current issued share capital respectively
List of substantial holdings and relevant percentage holdings:
Turquoise Group Ltd*
Celeste Investment Capital (CIC) Limited 8,308,233 20.02%
Darya Capital Ventures Limited
1,469,903 3.54%Rouzbeh Pirouz*
* Turquoise Group Ltd is 76.85% beneficially owned by Rouzbeh Pirouz and 23.15% owned by Ramin Rabii respectively”
Regulatory announcements for the previous 6 months;
Published annual reports for the previous 3 financial years or, if shorter, the period since incorporation;
The historic admission document relied on for admission or admission to the relevant Qualifying Market (if admitted as a fast-track applicant);
Circulars sent to shareholders within the last 12 months.
Information required by Article 17 of MAR (Under Article 17 of MAR, issuers must disclose inside information to the market as soon as possible, unless they can satisfy three criteria:
- immediate disclosure is likely to prejudice the issuer's legitimate interests;
- delay of disclosure is not likely to mislead the public; and
- the issuer is able to ensure the confidentiality of the information.
Nicholas George Harwood, Non-Executive Chairman
Mr. Harwood is currently a Senior Advisor at Turquoise Partners with a remit to advise on strategic issues, transactions and origination, and execution. From September 2013 to April 2016, he worked for Sberbank CIB, tasked with restructuring the equities platform with responsibility for Russia and Turkey, prior to which he was a main board director, Head of Equities Russia CIS, at UBS Bank. He co-founded Citigroup Global Markets South African equity franchise and then, with Citigroup, relocated to London to assume the role of Head of CEEMEA Equities until 2008. Mr. Harwood lives in London and earned an MBA from MIT’s Sloan School of Management.
Sarem Edward (Eddie) Kerman, Executive Director
Mr. Kerman received his bachelor’s degree from Brown University, USA. He qualified and practised as a UK solicitor at a leading mid-size City law firm. His focus was mergers and acquisitions, corporate finance and commercial contract work, and he advised on the admission to AIM of fourteen companies as well as the sale and acquisition of various companies. He is currently a member of the board of Turquoise Partners, a Middle East focused financial services company, as well as running the London office of Pelican Partners, an investment company. His responsibilities have included business development and marketing in addition to corporate governance.
Hamish Hamlyn Harris, Independent Non-Executive Director
Mr. Harris holds a Bachelor of Commerce from the University of Tasmania. He has held positions within market risk management at a number of financial institutions including Nomura Group, Dresdner Kleinwort Wasserstein, Deutsche Bank AG and Lloyds Banking Group plc in Singapore, Hong Kong and London. Hamish currently holds a position with Nivalis Capital, a private equity vehicle which looks for opportunities in mining and agriculture in Eastern Europe.