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APPOINTMENT TERMINATED, DIRECTOR DARREN MERCER. 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. 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. Location England, United Kingdom, Europe. 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). Mr. Mercer has served on the Company's board since November 2019. which are annexed to and filed with this Schedule TO as Exhibits (a)(1)(A) and (a)(1)(B), respectively. Email: Darren.Mercer@bnntechnology.com . Log in or sign up for Facebook to connect with friends, family and people you know. Compare Standard and Premium Digital here. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. There is no recent news or activity for this profile. You can still enjoy your subscription until the end of your current billing period. Cheshire. Ardonagh Group, Swinton Group, Willis Towers Watson, HSBC, Alliance Manchester Business School, and GE Capital. The Consumer Camera Drones market in the U.S. is estimated at US$1.1 Billion in the year 2020. Darren Christian Mercer founded BNN Technology Plc and Global FinTech Holdings Ltd. UNITED STATES Check the appropriate boxes below to designate any transactions personalising content and ads, providing social media features and to Our website makes it possible to view other available documents related to BNN TECHNOLOGY PLC. Jun 30, 2022. BNN Technology PLC. Darren Christian Mercer. Brookfield Cottage. I cant see any further updates since 23rd Dec 2022, on the BNN website. BNN Technology provides a variety of internet services to large Chinese partner firms. Mercer and QI could not immediately be reached for comment. There are no executives at MICT Inc getting paid more. (business & personal). Thinking about trading options or stock in Baidu, Tesla, Micron Technology, PayPal, or Merck? Darren's mailing address filed with the SEC is 28 WEST GRAND AVENUE, SUITE 3, , MONTVALE, NJ, 07645. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Since the date of our previous update, both China and Hong Kong have continued to endure Government enforced travel restrictions and . and other data for a number of reasons, such as keeping FT Sites reliable and secure, MICT, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. Find your friends on Facebook. 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 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 . Enter employee name to find & verify emails, phones, social links, etc. See Photos. You can read more about your. BNN Technology employs 1 employees. He previously worked at Henry Cooke, Lumsden as a Director. Premium access for businesses and educational institutions. Learn more. A short-term phased recovery by key geography is also addressed. Intel stock's dividend sticks out among chip makers. Learn More on Darren Mercer's trading history. university . Founder and Executive Director at BNN Technology . Change value during other periods is calculated as the difference between the last trade and the most recent settle. BNN Technology. Looking for Darren Mercer online? 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. MICT, Inc. 28 West Grand Avenue, Suite 3 Montvale, New Jersey 07645. our sites and services. watch now. Or was it all fantasy. Micronet designs, develops, manufactures and sells rugged mobile computing devices that provide fleet operators and field workforces with computing solutions in challenging work environments. No credit card required. Foxcovert Lane. Tingo Inc's Tingo Group shares are currently valued at $23.88M. Choose the right Crunchbase solution for you . The estimated Net Worth of Darren Mercer is at least $6.92 Million dollars as of 17 May 2021. Lorem ipsum dolor sit, amet consectetur adipisicing elit. BNN and MICT have the option to increase the amount of the note financing to $3 million in the future. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. MICT to Revolutionize Africa's Food Industry Through Wholly Owned Subsidiary, Tingo Foods, and Commitment to Develop Multi-Billion Dollar Food Processing Facility, MICT Appoints Specialist Legal Counsel and Team of Expert Advisors to Investigate Suspected Market Manipulation and Illegal Naked Short Selling in Company's Stock and Take Appropriate Action, Nvidia and 5 Other Stocks at High Risk for Short Selling, MICT Announces Warrant Repurchase Agreement, Micron Appoints Raj Narasimhan as Senior Vice President and General Manager of the Compute and Networking Business Unit, Samsung Reports Weakest Quarterly Profit in 8 Years, Memory-Chip Makers Face a Prolonged Price Slump. Sundowner, they have certainly achieved this.Do you think the takeover will happen, or is it all made up? View the profiles of professionals named "Darren Mercer" on LinkedIn. . 55328R109 (CUSIP Number of Class of Securities) Darren Mercer, Executive Director. First Floor Mallory . Attention: Darren C. Mercer. Tingo Group ( NASDAQ: TIO) is owned by 7.72% institutional shareholders, 44.69% Tingo Group insiders, and 47.59% retail investors. BNN? Micron Appoints Mark Montierth as Corporate Vice President and General Manager of Mobile Business Unit, SHAREHOLDER APPROVAL RECEIVED FOR ALL PROPOSALS AT MICT, INC. Address . But a cut may be coming. 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? United Kingdom. For a full comparison of Standard and Premium Digital, click here. Tingo Inc is the largest individual Tingo Group shareholder, owning 25.78M shares representing 19.90% of the company. This Amendment is being filed to announce See Photos. Data may be intentionally delayed pursuant to supplier requirements. Summary. Mark Gershinson. First Floor, Mallory House, Goostrey Way. of MICT, Inc., a Delaware corporation (MICT or the Company), at a price Photographer: Paul Yeung/Bloomberg , Bloomberg. . Mr. Mercer resigned his position at BNN in October 2019 to pursue the developments at GFH as its Chief Executive Officer. BNN Technology, +2 more The University of Manchester or He is their advisor and ought to know. Get notified the next time Darren Mercer buys or sells MICT stock. Age : 57. They were made by Scott Kennedy, who has resigned . We use This net worth evaluation does not reflect any other investments that Mr. Mercer may own. Learn More about Darren Mercer's net worth. Knutsford. Learn More about Darren Mercer's net worth. 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. Start Your . China, the world second largest economy, is forecast to reach an estimated market size of US$28.3 Billion in the year 2027 trailing a CAGR of 72.4% through 2027. Darren Mercer, Executive Director of BNN . There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. site you are consenting to these choices. Mr Mercer is 57, he's been the CEO and Pres & Director of MICT Inc since . All quotes delayed a minimum of 15 minutes. The publisher brings years of research experience to the 6th edition of this report. its filing. Micron Suspends Executive Bonuses. CBI websites generally use certain cookies to enable better interactions with our sites and services. Who owns Tingo Group? Public asset : 20,703,033 USD. 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 . 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 can see the complete history of Mr Mercer stock trades at the bottom of the page. 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. The crooks have got away with this for many years . BNN Technology said it failed to declare a 270,000 bonus for its former chief executive as the . BNN Technology is a Chinese technology, content and services company providing technology to partners to facilitate fulfilment of payments. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Europe, Menlo Park, China), Total number of current Jobs the person has. Compare Standard and Premium Digital here. We support credit card, debit card and PayPal payments. The oldest executive at MICT Inc is JacobBerman, 68, who is the Independent Director. On June 21st, 2018, BNN Technology PLC (BNN) acquired a 14.89 percent stake in Micronet Enertec Technologies, Inc. (NASDAQCM: MICT). Likes. You can read more about your cookie choices at our privacy policyhere. 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. Simply log into Settings & Account and select "Cancel" on the right-hand side. Most recently, on Monday, May 17th, Darren Mercer bought 6,000,000 shares of MICT stock. The Stock Moves Lower. The estimated net worth of Darren Mercer is at least $0.00 as of May 17th, 2021. Fundamental company data and analyst estimates provided by FactSet. ANNUAL SHAREHOLDER MEETING. Knutsford, Cheshire WA16 7GY. Isle of Man IM3 1AJ Attn: Simon Duggan . 1345 Avenue of the Americas. 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. the results of the tender offer: . He is also on the board of Peover Inns Ltd. and Global FinTech Holdings Ltd. You can still enjoy your subscription until the end of your current billing period. BNN Technology recently partnered with Arsenal Football Club on March 3, 2017. . The full text of the press release issued to which the statement relates: Check the following box if the filing is a final amendment reporting Enter your email address below to get our daily insider buying and selling report. 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 . Following this . 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 . BNN Technology plc is a leading Chinese technology, content and services provider. 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. 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). Presently, he is President, Chief Executive Officer & Director at MICT, Inc. 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. Brookfield Interactive (HK) and BNN Technology, or any person acting on . amends and supplements the Tender Offer Statement on Schedule TO filed by BNN Technology PLC, a private limited company organized Interested in @BNNTechnology's Tweets? 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 Darren Mercer Founder, CEO & Executive Director. 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. All rights reserved. personalising content and ads, providing social media features and to Up to 5 axel27 11 May 2018 . Tweets & replies. 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). Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. 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 . 01:44. There are 20+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. 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. Form of Voting Agreement (incorporated by reference to exhibit 10.1 to the Form 8-K filed by MICT on December 21, 2018). Darren Mercer serves as Interim Chief Executive Officer, Director of the Company. We use *, Press release issued by Purchaser regarding extension of the Offer on April 29, 2019. 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. Darren Mercer is an international businessman, entrepreneur and investor operating principally in the financial services, technology and media sectors for more than 30 years. Darren Mercer, Chief Executive of BNN Technology, said: "We are to delighted . Board BNN make a statement please.A, sharpening the legal pencil This person was born in September 1963, which was over 58 years ago. Mon, Dec 12 2016 7:43 PM EST. 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 . Under Section 14(d)(1) or 13(e)(1) Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Most unhappy I am. to sections in this Schedule TO are references to sections of the Offer to Purchase. time, the Offer to Purchase) and in the related letter of transmittal (as it may be amended or supplemented The estimated Net Worth of Darren Mercer is at least $6.92 Million dollars as of 17 May 2021. Well the end of February has gone with no update. Opting out is easy, so give it a try. . If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Darren Christian Mercer founded BNN Technology Plc. 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. If applicable, check the appropriate box(es) below to designate In addition, he makes $1,344,470 as CEO and Pres & Director at MICT Inc. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. 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. First Floor, Mallory House, Goostrey Way. 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. , 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. Most recently he bought 6,000,000 units of MICT stock worth $8,460,000 on 17 May 2021. hxxps://www.tennyson. SECURITIES AND EXCHANGE COMMISSION Darren Mercer is the Founder, CEO & Executive Director of Cleveland. 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. Identify the previous filing by registration statement number, or the Form or Schedule and the date of Which brings us somewhere close to BNN Technology (BNN), and will bring us even closer given time. This chart shows Darren Mercer's buying and selling at MICT by year and by quarter. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Can Shell close the valuation gap with US rivals? Unless otherwise indicated, references Competitors identified in this market include, among others: Copyright FactSet Research Systems Inc. All rights reserved. The Schedule TO relates to the offer by Purchaser to purchase up to 1,953,423 shares BNN Technology PLC. View the profiles of professionals named "Darren Mercer" on LinkedIn. Simply log into Settings & Account and select "Cancel" on the right-hand side. Reporting by Alasdair Pal; Editing by Greg Mahlich. WASHINGTON, D.C. 20549, Tender Offer Statement 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. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. MICT, Inc. operates through its subsidiaries, GFH Intermediate Holdings Ltd. ('GFHI') and Micronet Ltd. ('Micronet'). Material Handler at FCA. Source: FactSet. said it was continuing talks with former CEO Darren Mercer over repayment of a 450,000 loan .