cookies By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's . Log in or sign up for Facebook to connect with friends, family and people you know. BNN Technology PLC - Shareholder Update 30th June 2022. HGC, owned by private equity firm I Squared Capital, has lodged an . 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. MICT Announces Rebranding and Name Change to Tingo Group, Inc. MICT, Through its Wholly Owned Subsidiary Tingo Foods Plc, Signs Partnership Agreement with Evtec Energy Plc to Build Zero Emission Solar Energy Plant to Power Food Processing Facility, Applied Materials' Gloomy Memory-Chip Outlook Is Bad News for PCs, Micron Technology to Report Fiscal Second Quarter Results on March 28, 2023, Micron Technology Announces Upcoming Investor Event, Visa and Tingo Mobile, an MICT subsidiary, Launch Partnership to Promote Financial Inclusion and Expand Access to Digital Payment Channels Across Africa. 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 . We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. In 2007, Mr. Mercer founded BNN Technology PLC (formerly known as DJI Holdings Incorporated), or BNN, and has served as its Chief Executive Officer since its inception, and as a Director of Strategic Partnerships and Business Development and Executive Director since 2017. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Mr. Mercer is also on the board of Peover Inns Ltd. and Global . *, Press release issued by Purchaser regarding extension of the Offer on April 8, 2019. Lorem ipsum dolor sit, amet consectetur adipisicing elit. BNN Technology BNN.L, . to which the statement relates: Check the following box if the filing is a final amendment reporting 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 Mr. For a full comparison of Standard and Premium Digital, click here. As you will no doubt be aware from news reports . Darren Mercer (Name of Filing Persons (Other Persons)) Common Stock, par value $0.001 per share (Title of Class of Securities) 55328R109 (CUSIP Number of Class of Securities) Darren Mercer, Executive Director. Darren Mercer (Name of Filing Persons (Other Persons)) Common Stock, par value $0.001 per share . United Kingdom . 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 . Competitors identified in this market include, among others: Mr. Mercer holds a BSc in Economics from the University of Manchester.04. 8 De . In addition, he makes $1,344,470 as CEO and Pres & Director at MICT Inc. He is their advisor and ought to know. You can read more about your cookie choices at our privacy policyhere. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Item 12 of the Schedule TO is hereby amended Premium access for businesses and educational institutions. . (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. . BNN Technology recently partnered with Arsenal Football Club on March 3, 2017. 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). . In 2007, Mr. Mercer founded BNN Technology PLC (formerly known as DJI Holdings Incorporated), or BNN, and has served as its Chief Executive Officer since its inception, and as a Director of Strategic Partnerships and Business Development and Executive Director since 2017. Last updated: 9 February 2023 at 5:57pm EST. Mr. Mercer owns 6,000,000 shares of MICT stock worth more than $0 as of March 4th. Micronet operates in the growing commercial Mobile Resource Management (MRM) market, mainly in the United States. Learn more. Location England, United Kingdom, Europe. 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 . During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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. Darren Mercer is the Founder, CEO & Executive Director of Cleveland. Enter your email address below to get our daily insider buying and selling report. Compare Standard and Premium Digital here. Learn More on Darren Mercer's contact information. Looking for Darren Mercer online? 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. You can read more about your. 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? our sites and services. The crooks have got away with this for many years . cant find anywhere else. The country currently accounts for a 30.73% share in the global market. United Kingdom. See Photos. On average, Mr trades about 2,000,000 units every 0 days since 2021. The most active insiders traders include Darren Mercer, David Lucatz, and Kenneth I Denos. of $1.65 per Share, net to the seller in cash, without interest, less any applicable withholding taxes, upon the terms and subject 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. Copyright FactSet Research Systems Inc. All rights reserved. Try full digital access and see why over 1 million readers subscribe to the FT, Purchase a Trial subscription for $1 for 4 weeks, You will be billed $69 per month after the trial ends, Russian far-right fighter claims border stunt exposes Putins weakness, Feds Daly says US rates likely to be higher for longer, Something is boiling: Turkish football fans tackle Erdoan, Three-day weekends and more time for love: Chinas elite dream up policies for Xi, Germany and Italy stall EU ban on combustion engines, Saudi owner of Londons most expensive house sued over alleged unpaid private jet bills, Why the Jeffrey Epstein scandal continues to haunt JPMorgan and Barclays, US electric vehicle batteries poised for new lithium iron age. This person was born in September 1963, which was over 58 years ago. First Floor Mallory House Goostrey Way Knutsford. Acquisition Agreement, dated December 19, 2018, by and among MICT, Purchaser, Global Fintech Holdings Ltd., Brookfield Interactive (Hong Kong) Limited, ParagonEx LTD and the other parties thereto (incorporated by reference to exhibit 2.1 to the Form 8-K filed by MICT on December 21, 2018). On January 21, 2020, MICT, Inc., a Delaware corporation (the "Company"), entered into a Conversion Agreement with BNN Technology PLC, a United Kingdom Private Company ("BNN"), pursuant to which BNN agreed to convert the outstanding convertible note, issued on July 31, 2019, into 1,818,181 shares of the Company's newly-designated Series B . Find Instagram, Twitter, Facebook and TikTok profiles, images and more on IDCrawl - free people search website. BNN TECHNOLOGY PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. MONTVALE, N.J., July 2, 2018 On June 21st, 2018, BNN Technology PLC (BNN) acquired a 14.89 percent stake in Micronet Enertec Technologies, Inc. (NASDAQCM: MICT). Chief executive Darren Mercer, who founded BNN ten years ago and listed it on AIM in 2014, also has a 12. . The company was founded on January 31, 2002 and is headquartered in Montvale, NJ. First Floor Mallory House. In his past career he was Director & Director-Strategic Partnerships at BNN Technology Plc, Director-Institutional Sales at Albert E Sharp Securities and Director-Institutional Sales at Henry Cooke Lumsden Plc. and supplemented by adding the following exhibit: After due inquiry and to the best of their knowledge He is also on the board of Peover Inns Ltd. and Global FinTech Holdings Ltd. EBITDA explanation, calculation, historical data and more A Warning Highlights PC Sales Weakness Ahead of Earnings Season, Micron DDR5 Delivers Increased Performance and Reliability for the 4th Gen Intel(R) Xeon(R) Scalable Processor Family, Synaptics CEO Says Chip Shortages Could Return Sooner Than You Think, Micron Delivers High-Performance Data Center SSD to Power the Most Demanding Workloads. Darren Mercer, chief executive of BNN Technology, added: "We are delighted to now become Arsenal's exclusive 'Coaching the Coaches' partner in China, further expanding our relationship . Get notified the next time Darren Mercer buys or sells MICT stock. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Media. All quotes delayed a minimum of 15 minutes. Check if your The disclosure in the Offer to Purchase and Items Following the completion of the transaction, the chief executive officer now directly owns 6,000,000 shares of the company's stock, valued at $8,460,000. Board BNN make a statement please.A, sharpening the legal pencil | February 28, 2023 BNN Technology , 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. There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. Micron may need to do material inventory write-downs amid supply glut: exec, Buy Micron Stock Because Memory Chip Demand Will Rebound, Says J.P. Morgan. You may change or cancel your subscription or trial at any time online. watch now. ANNUAL SHAREHOLDER MEETING. 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. First Floor, Mallory House, Goostrey Way. 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 Sign up for a free account. Public asset : 20,703,033 USD. Isle of Man IM3 1AJ Attn: Simon Duggan . amends and supplements the Tender Offer Statement on Schedule TO filed by BNN Technology PLC, a private limited company organized 1 through 9 and Item 11 of the Schedule TO is hereby amended and supplemented by adding the following new paragraphs thereto: On June 5, 2019, Purchaser announced But a cut may be coming. "Arsenal's heritage, ethos and coaching style . By continuing to use this site you are consenting to these choices. Intel stock's dividend sticks out among chip makers. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Our ski trip made me question my life choices, Michelle Yeoh: Finally we are being seen, Apocalypse then: lessons from history in tackling climate shocks, How Glasgows tiny, muckraking crime mag stays afloat. 1345 Avenue of the Americas. 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. 9 Following. Age : 57. Ardonagh Group, Swinton Group, Willis Towers Watson, HSBC, Alliance Manchester Business School, and GE Capital. There is some . by Purchaser announcing the termination of the Offer is attached as Exhibit (a)(1)(L) to this Schedule TO and is incorporated Unless otherwise indicated, references offers FT membership to read for free. The new name BNN, I discovered, stands for Beijing New Net, which is DJI's operating company in China. There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. More distance = more chance of getting away with it. BNN Technology's Tweets. Darren Mercer is the CEO, Pres & Director at MICT Inc. As the CEO and Pres & Director of MICT Inc, the total compensation of Mr Mercer at MICT Inc is $1,344,470. WASHINGTON, D.C. 20549, Tender Offer Statement View the profiles of professionals named "Darren Mercer" on LinkedIn. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. This chart shows Darren Mercer's buying and selling at MICT by year and by quarter. 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. We support credit card, debit card and PayPal payments. termination of the Offer, no Shares were accepted for payment or paid for pursuant to the Offer. *, Press release issued by Purchaser regarding extension of the Offer on May 29, 2019.*. free lookups / month. BNN and MICT have the option to increase the amount of the note financing to $3 million in the future. Knutsford, Cheshire WA16 7GY. This Amendment is being Form of Voting Agreement (incorporated by reference to exhibit 10.1 to the Form 8-K filed by MICT on December 21, 2018). Change value during other periods is calculated as the difference between the last trade and the most recent settle. Darren Mercer has not been actively trading shares of MICT during the last quarter. Material Handler at FCA. Which brings us somewhere close to BNN Technology (BNN), and will bring us even closer given time. On average, MICT Inc executives and independent directors trade stock every 209 days with the average trade being worth of $766,027. Darren Mercer attended the University of Manchester. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. organisation May 15, 2019 . Joined July 2014. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Darren Mercer is an international businessman, entrepreneur and investor operating principally in the financial services, technology and media sectors for more than 30 years. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. Mr Mercer is 57, he's been the CEO and Pres & Director of MICT Inc since . BNN Technology has 1 strategic partners and customers. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. On March 14, 2013, the Company changed its corporate name from Lapis Technologies, Inc. to Micronet. Most recently, on Monday, May 17th, Darren Mercer bought 6,000,000 shares of MICT stock. Founder and Executive Director at BNN Technology Knutsford. The estimated net worth of Darren Mercer is at least $0.00 as of May 17th, 2021. Check if your New York, New York 10105. Micron Gives a Bleak Forecast. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. Following this . There is no recent news or activity for this profile. Offer to Purchase, dated February 5, 2019. Chesire WA16 7GY. cookies 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 . Technology-driven is an innovative solution verification project promoted by the Smart City Committee and the Smart City Project Office to promote public-private cooperation; data-driven is through the Data Governance Committee to regulate data use and protect related content, and the big data center collects municipal data, aggregate data . Simply log into Settings & Account and select "Cancel" on the right-hand side. You can still enjoy your subscription until the end of your current billing period. The company said a committee of board members has suspended Mercer and Qi while it investigates the allegations. 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. Scott Kennedy, had resigned, making a number of allegations against Chief Executive Darren Mercer and Chief Operating Officer Wei Qi. 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. or. Or was it all fantasy. 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 . Under Section 14(d)(1) or 13(e)(1) Tingo Inc is the largest individual Tingo Group shareholder, owning 25.78M shares representing 19.90% of the company. of MICT, Inc., a Delaware corporation (MICT or the Company), at a price Lower Peover. Our Standards: The Thomson Reuters Trust Principles. BNN made 2m revenues last year yet Darren Mercer paid himself over 580k, and granted . He is also on the board of Peover Inns Ltd. and Global FinTech Holdings Ltd. Mr. Mercer previously occupied the position of Director & Director-Strategic Partnerships at BNN . 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. site you are consenting to these choices. The estimated Net Worth of Darren Mercer is at least $6.92 Million dollars as of 17 May 2021. 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 . Standard Digital includes access to a wealth of global news, analysis and expert opinion. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Mon, Dec 12 2016 7:43 PM EST. BNN Technology PLC to receive notices and communications on behalf of Filing Persons). (business & personal). Let our global subject matter experts broaden your perspective with timely insights and opinions you . Darren Mercer Founder, CEO & Executive Director. Since the date of our previous update, both China and Hong Kong have continued to endure Government enforced travel restrictions and . Cookies on Companies House services. fee was previously paid. *, Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.*. Purchaser has instructed the Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. Get contact details including emails and phone numbers Darren Mercer. 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). Email: Darren.Mercer@bnntechnology.com . 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. Founder and Executive Director at BNN Technology. Mark Gershinson. The BNN Technology management team includes Darren Mercer (Founder, Chief Executive Officer, Executive Director), and Darren Mercer (Founder and Executive Director). 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. How the biggest companies plan mass lay-offs, The benefits of revealing neurodiversity in the workplace, Tim Peake: I do not see us having a problem getting to Mars, Our ski trip made me question my life choices, Michelle Yeoh: Finally we are being seen, Apocalypse then: lessons from history in tackling climate shocks, How Glasgows tiny, muckraking crime mag stays afloat. BNN Technology PLC. Our website makes it possible to view other available documents related to BNN TECHNOLOGY PLC. authorized