BNN Technology (BNN.L), which says it has partnerships with a number of soccer clubs, including Manchester City, Barcelona and Arsenal, said in a statement on Monday its chief financial officer, Scott Kennedy, had resigned, making a number of allegations against Chief Executive Darren Mercer and Chief Operating Officer Wei Qi. BNN raised 25 million pounds from investors in May, and reported a loss of 15.5 million pounds for the six months ending June 30 in its latest set of results. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. For a full comparison of Standard and Premium Digital, click here. This Amendment is being filed to announce hxxps://www.tennyson. Darren Christian Mercer. Chart Data in Insider Trading History Table. Mr Mercer owns over 6,000,000 units of MICT Inc stock worth over $5,580,000 and over the last 2 years he sold MICT stock worth over $0. Micron Suspends Executive Bonuses. BNN Technology is a Chinese technology, content and services company providing technology to partners to facilitate fulfilment of payments. Find your friends on Facebook. Mr. Mercer holds a BSc in Economics from the University of Manchester.04 Foxcovert Lane. Following this . fee was previously paid. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Commenting on the proposed transaction, Darren Mercer, Executive Director of BNN Technology PLC, said: "We are excited at the opportunity to announce a potential transformative event for all . *, Press release issued by Purchaser regarding extension of the Offer on April 8, 2019. Call up Peter Krens at Tennyson securities. Most recently he bought 6,000,000 units of MICT stock worth $8,460,000 on 17 May 2021. However, given the serious nature of these allegations and the source from which they have come, the independent committee feels it has no choice but to suspend the relevant individuals at this time., BNN Technology declined to comment further on the nature of the allegations and said trading in the shares would remain suspended, pending the appointment of suitable executive management to oversee the companys operations, particularly those in China, whether interim or permanent., The suspension comes amid increased scrutiny of companies who are listed on AIM which have Chinese operations. Darren Mercer , chief executive at BNN Technology , added : `` I am delighted that we are expanding our relationship with Arsenal , one of Europe 's top clubs , to help BNN Technology play a wider role in supporting China 's football ambitions while also delivering first class content to the Xinhua News app . offers FT membership to read for free. Does anyone know anything? . Offer to Purchase, dated February 5, 2019. The firm uses its proprietary trading technology platforms to serve a range of growth sectors in the fintech space, including online brokerage for equities trading, online investment and wealth management services, sales of insurance products, and trading in certain commodities. , which says it has partnerships with a number of soccer clubs, including Manchester City, Barcelona and Arsenal, said in a statement on Monday its chief financial officer, Scott Kennedy, had resigned, making a number of allegations against Chief Executive Darren Mercer and Chief Operating Officer Wei Qi. by Purchaser announcing the termination of the Offer is attached as Exhibit (a)(1)(L) to this Schedule TO and is incorporated The decision to suspend two of our senior team was not taken lightly and should not be taken as an assessment of the validity, or otherwise, of these allegations, Chairman Harry Keiley said in the statement. First Floor Mallory House Goostrey Way Knutsford. The largest trade he's ever made was buying 6,000,000 units of MICT Inc stock on 17 May 2021 worth over $8,460,000. its filing. of the Securities Exchange Act of 1934, (Name, address and telephone number of person They were made by Scott Kennedy, who has resigned . Linked companies : MICT, Inc. Summary. For cost savings, you can change your plan at any time online in the Settings & Account section. He previously worked at Henry Cooke, Lumsden as a Director. HGC, owned by private equity firm I Squared Capital, has lodged an . MICT can also be reached via phone at (201) 225-0190 and via email at [emailprotected] Learn More on Darren Mercer's contact information. of $1.65 per Share, net to the seller in cash, without interest, less any applicable withholding taxes, upon the terms and subject ParagonEx Limited Willow House Main Road Onchan. The country currently accounts for a 30.73% share in the global market. Brookfield Cottage. MICT, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. Darren Mercer, CEO at BNN Technology, talks about the partnership between his company with the famed football club, FC Barcelona. Get contact details including emails and phone numbers Amid the COVID-19 crisis, the global market for Consumer Camera Drones estimated at US$3.5 Billion in the year 2020, is projected to reach a revised size of US$186.2 Billion by 2027, growing at a CAGR of 76.3% over the period 2020-2027. The company was founded on January 31, 2002 and is headquartered in Montvale, NJ. Cookies on Companies House services. Darren Mercer is an international businessman, entrepreneur and investor operating principally in the financial services, technology and media sectors for more than 30 years. BNN and MICT have the option to increase the amount of the note financing to $3 million in the future. BNN Technology BNN.L, . Insights on the Consumer Camera Drones Global Market to 2027 - Featuring BNN Technology, Parrot Drones & Yuneec International Among Others - ResearchAndMarkets.com, ParagonEX & MICT Merger Continues with a Major Chinese Deal, BNN , , BNN Technology PLC : Announces Termination of Tender Offer for Shares of MICT Common Stock, BNN Technology PLC : Announces Further Extension of Expiration Date of Tender Offer for Shares of MICT Common Stock. Darren Mercer serves as Interim Chief Executive Officer, Director of the Company. Share this article. Get Contact Info for All Departments Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Darren Mercer is an international businessman, entrepreneur and investor operating principally in the financial services, technology and media sectors for more than 30 years.<br/><br/>Darren founded BNN Technology, originally DJI Holdings, in 2007 as a provider of software solutions to the gaming industry, Soon after DJI's IPO in London in 2014, he pivoted the group's business model . Learn More about Darren Mercer's net worth. Primary areas of focus include online brokerage for equities trading and sales of insurance products in several high-growth foreign markets including Asia where GFHI owns a substantial propriety database of users. Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. He is their advisor and ought to know. The newly expanded agreement also affords BNN Technology the right to set up and operate an official Arsenal store on the Tmall platform in China, through which supporters will be able to purchase Arsenal merchandise and official PUMA training and replica kits. BNN TECHNOLOGY PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. Did any of you guys have direct contact with him or was it just through others on the board. Learn More on Darren Mercer's contact information. . Micronet operates in the growing commercial Mobile Resource Management (MRM) market, mainly in the United States. Intel stock's dividend sticks out among chip makers. We support credit card, debit card and PayPal payments. bit.ly/2x4B0AL. MICT, Inc. (NASDAQ:NASDAQ:MICT) Q1 2021 Results Earnings Conference Call May 24, 2021, 8:30 am ET Company Participants Scott Gordon - IR, CORE IR Darren Mercer - Chief Executive Officer. Joint Press release issued by Purchaser and MICT on December 20, 2018 (incorporated by reference to exhibit 99.1 to the Form 8-K filed by MICT on December 21, 2018). You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Darren Mercer Founder, CEO & Executive Director. MICT, Inc. 28 West Grand Avenue, Suite 3 Montvale, New Jersey 07645. "Arsenal's heritage, ethos and coaching style . Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. organisation If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. Competitors identified in this market include, among others: Following this acquisition, BNN and MICT are pleased to jointly announce the execution of a Letter of Intent to enter into a series of strategic transactions. Darren Mercer, Executive Director of BNN Technology and a non-executive director of MICT pursuant to BNN's investment in the convertible note, said: "We are excited about the considerable potential of MICT's technology in China and will . BNN's British chief executive Darren Mercer was sent home alongside his fellow founder Wei Qi, head of BNN's China operations and chief operating officer, after Scott Kennedy, finance director . Cheshire. Mon, Dec 12 2016 7:43 PM EST. The technology group on Monday said it had suspended its chief executive, Darren Mercer and China CEO, Wei Qi, following unspecified allegations from Scott Kennedy, who resigned from the company . MICT Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. . You can still enjoy your subscription until the end of your current billing period. and other data for a number of reasons, such as keeping FT Sites reliable and secure, BNN Technology PLC. The stock was acquired at an average cost of $1.41 per share, with a total value of $8,460,000.00. former Chief Financial Officer, Scott Kennedy, CBI websites generally use certain cookies to enable better interactions with. "Stormwind is the pillar of the human race, maintained through strength of will and the edge of a sturdy blade.". The most recent stock trade was executed by Darren Mercer on 17 May 2021, trading 6,000,000 units of MICT stock currently worth $8,460,000. (Reporting by Alasdair Pal; Editing . The Consumer Camera Drones market in the U.S. is estimated at US$1.1 Billion in the year 2020. . If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. Premium access for businesses and educational institutions. 8 De . With a copy (which shall not constitute notice) to: Ellenoff Grossman & Schole LLP. watch now. darren mercer bnn technology; adrian gainer jr last words; where do blue eyes come from country; write an equation for the polynomial graphed below; is committee for police officers' defense legit. Address . Reporting by Alasdair Pal; Editing by Greg Mahlich. the termination of the Offer and to amend and supplement Items 1 through 9 and Item 11 of the Schedule TO as provided below. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. BNN Technology has 1 team member, including former Chief Financial Officer, Scott Kennedy. BNN Technology recently partnered with Arsenal Football Club on March 3, 2017. United Kingdom +44 (0) 1565 872990 (Name, address and telephone number of . and other data for a number of reasons, such as keeping FT Sites reliable and secure, Mr. Mercer owns 6,000,000 shares of MICT stock worth more than $0 as of March 4th. Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl - free people search website. Up to 5 As you will no doubt be aware from news reports . By continuing to use this site you are consenting to these choices. BNN Technology has made 1 investments. BNN Technology's Tweets. watch now. This chart shows Darren Mercer's buying and selling at MICT by year and by quarter. Mr. Mercer resigned his position at BNN in October 2019 to pursue the developments at GFH as its Chief Executive Officer. MICT, whose chief executive Darren Mercer once held a similar position with BNN Technology, recently hired a team of lawyers to investigate what it suspects could be deliberate outside . The estimated net worth of Darren Mercer is at least $0.00 as of May 17th, 2021. Founder and Executive Director at BNN Technology. Mr Mercer owns over 6,000,000 units of MICT Inc stock worth over $5,580,000 and over the last 2 years he sold MICT stock worth over $0. Get notified the next time Darren Mercer buys or sells MICT stock. Most unhappy I am. United Kingdom . The BNN Technology management team includes Darren Mercer (Founder, Chief Executive Officer, Executive Director), and Darren Mercer (Founder and Executive Director). The Stock Was Upgraded, Too. Mr. Mercer began his career as an investment banker in the 1980s, holding senior roles in institutional equity sales and corporate brokering, including Director, at Henry Cooke Lumsden PLC and Albert E. Sharp LLC.In 2007, Mr. Mercer founded BNN Technology PLC (formerly known as DJI Holdings Incorporated), a United Kingdom . Their most recent appointment, in our records, was to BNN TECHNOLOGY PLC on 2018-03-20, from which they resigned on 2019-11-01. WASHINGTON, D.C. 20549, Tender Offer Statement Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. The company originally listed on AIM as a gambling business in 2014, changing to become a provider of technology for online and mobile phone transactions after China banned the online sale of lottery products in March 2015, according to its website. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Item 1.01 Entry into Material Definitive Agreement. . Since the date of our previous update, both China and Hong Kong have continued to endure Government enforced travel restrictions and . . Item 12 of the Schedule TO is hereby amended site you are consenting to these choices. Most recently, on Monday, May 17th, Darren Mercer bought 6,000,000 shares of MICT stock. Mr. Mercer has served on the Company's board since November 2019. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. The Stock Moves Lower. United Kingdom. Gain a global perspective on the US and go beyond with curated news and analysis from 600 . university SECURITIES AND EXCHANGE COMMISSION Depositary to promptly return all Shares tendered and not withdrawn to the tendering stockholders. free lookups / month. Turn on account notifications to keep up with all new content. Thinking about trading options or stock in Micron Technology, Microsoft, Netflix, Exxon Mobil, or Home Depot? Can Shell close the valuation gap with US rivals? All rights reserved. There are 20+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. View the profiles of professionals named "Darren Mercer" on LinkedIn. There are no executives at MICT Inc getting paid more. Opting out is easy, so give it a try. A short-term phased recovery by key geography is also addressed. Home // phoenix suns arena covid rules // is committee for police officers' defense legit; Darren Christian Mercer founded BNN Technology Plc and Global FinTech Holdings Ltd. As a result of the Interested in @BNNTechnology's Tweets? Likes. The corporate mailing address for Mr. Mercer and other MICT executives is 28 West Grand Avenue Suite 3, Montvale NJ, 07645. The oldest executive at MICT Inc is JacobBerman, 68, who is the Independent Director. Despite being a Well-known International businessman and Founder of BNN technology, Darren still lacks to be featured on the Wiki page. See here for a complete list of exchanges and delays. REGISTERED OFFICE CHANGED ON 20/08/2019 FROM, FIRST FLOOR, MALLORY HOUSE GOOSTREY WAY, MOBBERLEY, KNUTSFORD . personalising content and ads, providing social media features and to Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. . Purchaser has instructed the BNN Technology has 1 strategic partners and customers. 9 Following. Learn More about Darren Mercer's net worth. It is also involved in the growing telematics and commercial mobile resource management market, with a focus on designing, developing, manufacturing, and selling mobile computing solutions that provide fleet operators and field workforces with computing solutions. The estimated Net Worth of Darren Mercer is at least $6.92 Million dollars as of 17 May 2021. or. (Bloomberg) -- Hong Kong telecommunications provider HKBN Ltd. has received a takeover offer from HGC Global Communications Ltd. that could value the company at more than $1 billion, according to people familiar with the matter. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Let our global subject matter experts broaden your perspective with timely insights and opinions you Change value during other periods is calculated as the difference between the last trade and the most recent settle. You can still enjoy your subscription until the end of your current billing period. Lorem ipsum dolor sit, amet consectetur adipisicing elit. No credit card required. analyse how our Sites are used. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. There is no recent news or activity for this profile. The new name BNN, I discovered, stands for Beijing New Net, which is DJI's operating company in China. Form type: TM01 Date: 2019.11.11. EBITDA explanation, calculation, historical data and more Within Europe, Germany is forecast to grow at approximately 51.8% CAGR while Rest of European market (as defined in the study) will reach US$28.3 Billion by the year 2027. | February 28, 2023 Knutsford, Cheshire WA16 7GY. . *, Press release issued by Purchaser regarding extension of the Offer on March 13, 2019. Darren's mailing address filed with the SEC is 28 WEST GRAND AVENUE, SUITE 3, , MONTVALE, NJ, 07645. Darren Mercer is an international businessman, entrepreneur and investor operating principally in the financial services, technology and media sectors for more than 30 years. Material Handler at FCA. by reference herein.. Ardonagh Group, Swinton Group, Willis Towers Watson, HSBC, Alliance Manchester Business School, and GE Capital. Mr. Mercer, began his career as an investment banker in the 1980s, holding senior roles in institutional equity sales and corporate brokering at Henry Cooke Lumsden PLC and Albert E. Sharp LLC. ANNUAL SHAREHOLDER MEETING. BNN Technology PLC BNN Technology provides a variety of internet services to large Chinese partner firms. Chesire WA16 7GY. Lives in Harrow, Ontario. There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. Over the last 10 years, insiders at MICT Inc have traded over $2,433,082 worth of MICT Inc stock and bought 6,018,424 units worth $8,501,990 International stock quotes are delayed as per exchange requirements. Founder and Executive Director at BNN Technology Knutsford. Data may be intentionally delayed pursuant to supplier requirements. BNN Technology PLC. People named Darren Mercer. Global Consumer Camera Drones Market to Reach US$186.2 Billion by the Year 2027 Parrot Drones SAS. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Mr. Mercer is also on the board of Peover Inns Ltd. and Global FinTech Holdings Ltd. You can read more about your. At the invitation of BNN and under its new Chairman, Marc Hanson, the former Deputy Head of the Hong Kong Stock Exchange, Mr. Mercer rejoined BNN and served as Executive Director and Head of Global Strategic Development. 1345 Avenue of the Americas. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Mr. Mercer received an undergraduate degree from The University of Manchester. Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting Knutsford, Cheshire WA16 7GY. Darren Mercer attended the University of Manchester. How many more of these announcements can they make without delivering on them before the wider world spot that its all lies to put distance between any dodgy dealings and the ultimate demise of bnn? to sections in this Schedule TO are references to sections of the Offer to Purchase. Their latest investment was in MICT as part of their PIPE on July 7, 2018. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Shares in the firm last traded at 42p on Friday, down nearly 70 percent this year and valuing the company at just over 100 million pounds ($130 million). Data are provided 'as is' for informational purposes only and are not intended for trading purposes. BNN Technology plc said it was investigating "serious allegations" against chief executive Darren Mercer and chief operating officer Wei Qi. Check if your Tingo Group ( NASDAQ: TIO) is owned by 7.72% institutional shareholders, 44.69% Tingo Group insiders, and 47.59% retail investors. LinkedIn View on LinkedIn. You can read more about your cookie choices at our privacy policyhere. The U.S. Accounts for Over 30.7% of Global Market Size in 2020, While China is Forecast to Grow at a 72.4% CAGR for the Period of 2020-2027 Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Photographer: Paul Yeung/Bloomberg , Bloomberg. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Lorem ipsum dolor sit amet consectetur adipisicing elit. First Floor, Mallory House, Goostrey Way. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Scott Kennedy, had resigned, making a number of allegations against Chief Executive Darren Mercer and Chief Operating Officer Wei Qi. from time to time, the Letter of Transmittal and, together with the Offer to Purchase, the Offer), . Europe, Menlo Park, China), Total number of current Jobs the person has. Search over 700 Age : 57. BNN made 2m revenues last year yet Darren Mercer paid himself over 580k, and granted . Dear Shareholder Further to our update on 30th June 2022, we are pleased to report the updated position of BNN Technology PLC (the "Company"; or "BNN") and the status of our business-sale transaction, as set out below. Jun 30, 2022. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. to receive notices and communications on behalf of Filing Persons). BNN Technology PLC. Mark Gershinson. the termination of the Offer due to its determination that a condition to the Offer could not be satisfied. Learn More on Darren Mercer's trading history. Our Standards: The Thomson Reuters Trust Principles. First Floor Mallory . Brookfield Interactive (HK) and BNN Technology, or any person acting on . Overview MICT Inc., or we or the Company, was formed as a Delaware corporation on January 31, 2002. The 109-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. Dear Shareholder Further to our update in April, we are pleased to report the current position of BNN Technology PLC (the "Company" or "BNN") and the status of our business-sale transaction, which is set out below. Darren Mercer , chief executive at BNN Technology , added : `` I am delighted that we are expanding our relationship with Arsenal , one of Europe 's top clubs , to help BNN Technology play a wider role in supporting China 's football ambitions while also delivering first class content to the Xinhua News app . Harrods chief shrugs off recession fears because rich get richer, FCA regulator blamed for Arms decision to shun London listing, Argentina diary: Come armed with $100 bills, There are no domestic equity investors: why companies are fleeing Londons stock market, The stark challenge facing the London stock market, Humanity is sleepwalking into a neurotech disaster, The Murdaugh trial: a southern gothic tale that gripped the nation, Who to fire? We use Check the appropriate boxes below to designate any transactions Can Shell close the valuation gap with US rivals? If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. BNN Technology PLC. CBI websites generally use certain cookies to enable better interactions with our sites and services. Location England, United Kingdom, Europe. Goostrey Way. Attention: Darren C. Mercer. The disclosure in the Offer to Purchase and Items