MICT can also be reached via phone at (201) 225-0190 and via email at [emailprotected] Learn More on Darren Mercer's contact information. 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. Overview MICT Inc., or we or the Company, was formed as a Delaware corporation on January 31, 2002. Mr. Mercer received an undergraduate degree from The University of Manchester. 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. BNN Technology has 1 team member, including former Chief Financial Officer, Scott Kennedy. 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). 21/2/2023 13:03: Bnn website back. APPOINTMENT TERMINATED, DIRECTOR DARREN MERCER. BNN Technology is a Chinese technology, content and services company providing technology to partners to facilitate fulfilment of payments. Scott Kennedy, had resigned, making a number of allegations against Chief Executive Darren Mercer and Chief Operating Officer Wei Qi. Does anyone know if the proposed takeover is still actually happening? offers FT membership to read for free. Darren Mercer attended the University of Manchester. . Darren Mercer, Executive Director of BNN . BNN Technology, +2 more The University of Manchester 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). The publisher brings years of research experience to the 6th edition of this report. 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. to receive notices and communications on behalf of Filing Persons). 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, leveraging its . You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Darren Mercer is an international businessman, entrepreneur and investor operating principally in the financial services, technology and media sectors for more than 30 years. Terms & Conditions, FREE interactive charts, analysis tools & prices. 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. Looking for a particular BNN Technology employee's phone or email? Micron Appoints Mark Montierth as Corporate Vice President and General Manager of Mobile Business Unit, SHAREHOLDER APPROVAL RECEIVED FOR ALL PROPOSALS AT MICT, INC. cant find anywhere else. Looking for a particular BNN Technology employee's phone or email? See Photos. Check if your Cheshire. Premium access for businesses and educational institutions. First Floor, Mallory House, Goostrey Way. Age : 57. Well the end of February has gone with no update. BNN TechnologyDarren Mercer"BNNapp Source: Kantar Media, President, Chief Executive Officer & Director. Fax Number: (212) 370-7889 journalists in 50+ countries covering politics, business, innovation, trends and more. See Photos. BNN Technology PLC - Shareholder Update 30th June 2022. Identify the previous filing by registration statement number, or the Form or Schedule and the date of There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. BNN Technology said it failed to declare a 270,000 bonus for its former chief executive as the . 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. GFHI's versatile proprietary trading technology platform is designed to serve a large number of high growth sectors in the global fintech space. Premium access for businesses and educational institutions. 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. Public asset : 20,703,033 USD. Enter employee name to find & verify emails, phones, social links, etc. Purchaser has instructed the LONDON (Reuters) - A company which helps European soccer clubs promote themselves in China on mobile phones has asked for trading in its shares on Londons Alternative Investment Market to be suspended while it investigates serious allegations against two top executives. BNN Technology provides a variety of internet services to large Chinese partner firms. BNN Technology BNN.L, . BNN Markets: Stocks, Canadian markets data, North American markets, S&P, TSX, Nasdaq, Venture Gain a global perspective on the US and go beyond with curated news and analysis from 600 (reut.rs/2wyfuTB). Micronet operates in the growing commercial Mobile Resource Management (MRM) market, mainly in the United States. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Since the date of our previous update, both China and Hong Kong have continued to endure Government enforced travel restrictions and . BNN Technology recently partnered with Arsenal Football Club on March 3, 2017. by Purchaser announcing the termination of the Offer is attached as Exhibit (a)(1)(L) to this Schedule TO and is incorporated Learn More about Darren Mercer's net worth. See here for a complete list of exchanges and delays. LinkedIn View on LinkedIn. Log In. Darren Mercer (Name of Filing Persons (Other Persons)) Common Stock, par value $0.001 per share . Change value during other periods is calculated as the difference between the last trade and the most recent settle. All rights reserved. or. 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. 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 . "Arsenal's heritage, ethos and coaching style . university Darren Mercer, Chief Executive of BNN Technology, said: "We are to delighted . This chart shows Darren Mercer's buying and selling at MICT by year and by quarter. Mark Gershinson. By continuing to use this site you are consenting to these choices. Isle of Man IM3 1AJ Attn: Simon Duggan . BNN Technology plc said it was investigating "serious allegations" against chief executive Darren Mercer and chief operating officer Wei Qi. 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. Cookies on Companies House services. Twitter View on Twitter. 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. The stock was acquired at an average cost of $1.41 per share, with a total value of $8,460,000.00. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. View the profiles of professionals named "Darren Mercer" on LinkedIn. 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. 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. Data may be intentionally delayed pursuant to supplier requirements. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Darren Mercer. 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 Check if your of the Securities Exchange Act of 1934, (Name, address and telephone number of person 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. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Mr. Mercer resigned his position at BNN in October 2019 to pursue the developments at GFH as its Chief Executive Officer. Intel stock's dividend sticks out among chip makers. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. site you are consenting to these choices. Under Section 14(d)(1) or 13(e)(1) Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. 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. Address . 5 (this Amendment) analyse how our Sites are used. Choose the right Crunchbase solution for you . 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? They were made by Scott Kennedy, who has resigned . watch now. Darren Mercer, chief executive of BNN Technology, said: "I am delighted that we are expanding our relationship with Arsenal, one of Europe's top clubs, to help BNN play a wider role in supporting China's football ambitions while also delivering first class content to the Xinhua News app. BNN Technology has 1 current employee profile, Founder, CEO & Executive Director Darren Mercer. (Reporting by Alasdair Pal; Editing . Thinking about trading options or stock in Micron Technology, Microsoft, Netflix, Exxon Mobil, or Home Depot? Darren Mercer. of $1.65 per Share, net to the seller in cash, without interest, less any applicable withholding taxes, upon the terms and subject Fundamental company data and analyst estimates provided by FactSet. The most active insiders traders include Darren Mercer, David Lucatz, and Kenneth I Denos. to the conditions set forth in the offer to purchase, dated February 5, 2019 (as it may be amended or supplemented from time to The oldest executive at MICT Inc is JacobBerman, 68, who is the Independent Director. Competitors identified in this market include, among others: 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. Summary. Simply log into Settings & Account and select "Cancel" on the right-hand side. Get notified the next time Darren Mercer buys or sells MICT stock. New York, New York 10105. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Following this . termination of the Offer, no Shares were accepted for payment or paid for pursuant to the Offer. 459 Followers. Linked companies : MICT, Inc. Summary. offers FT membership to read for free. 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 . You can see the complete history of Mr Mercer stock trades at the bottom of the page. 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 . Location England, United Kingdom, Europe. 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. 9 Following. Arsenal expand with BNN Technology. Opting out is easy, so give it a try. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. and supplemented by adding the following exhibit: After due inquiry and to the best of their knowledge For a full comparison of Standard and Premium Digital, click here. This net worth evaluation does not reflect any other investments that Mr. Mercer may own. University of Notre Dame Mendoza College of Business Alumni Founded Companies, Florida Institute of Technology Alumni Founded Companies, LUISS Guido Carli University Alumni Founded Companies, Binus University Alumni Founded Companies, Full Sail University Alumni Founded Companies, University of Cologne Alumni Founded Companies, Northwestern University - Kellogg School of Management Alumni Founded Companies, Western Illinois University Alumni Founded Companies, Yale University School of Medicine Alumni Founded Companies. 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 65 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. Compare Standard and Premium Digital here. Mr. Mercer owns 6,000,000 shares of MICT stock worth more than $0 as of March 4th. Tingo Inc is the largest individual Tingo Group shareholder, owning 25.78M shares representing 19.90% of the company. 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. 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. Call up Peter Krens at Tennyson securities. Micron Technology, Inc. Reports Results for the First Quarter of Fiscal 2023, MICT Regains Compliance with Nasdaq Minimum Bid Price Rule. free lookups / month. Material Handler at FCA. Learn More about Darren Mercer's net worth. (the Shares) of common stock, par value $0.001 per share (the Common Stock), The new name will be launched, along with a zippy new web site, next month. 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 . Tingo Inc's Tingo Group shares are currently valued at $23.88M. its filing. He previously worked at Henry Cooke, Lumsden as a Director. 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 . Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. Micron Gives a Bleak Forecast. WA16 9QS . First Floor Mallory . 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? He is their advisor and ought to know. For cost savings, you can change your plan at any time online in the Settings & Account section. . For cost savings, you can change your plan at any time online in the Settings & Account section. Sundowner, they have certainly achieved this.Do you think the takeover will happen, or is it all made up? | February 28, 2023 or Founder and Executive Director at BNN Technology Knutsford. 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 . the results of the tender offer: . Tingo Group ( NASDAQ: TIO) is owned by 7.72% institutional shareholders, 44.69% Tingo Group insiders, and 47.59% retail investors. Sign Up. 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 If applicable, check the appropriate box(es) below to designate This Amendment is being 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. 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. 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. 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 . The Stock Was Upgraded, Too. 55328R109 (CUSIP Number of Class of Securities) Darren Mercer, Executive Director. Darren Mercer is a global finance manager, business visionary, and financial backer, working basically in the monetary administrations, innovation, and media areas for over 30 years. BNN Technology has made 1 investments. Board BNN make a statement please.A, sharpening the legal pencil United Kingdom +44 (0) 1565 872990 (Name, address and telephone number of . 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). . the termination of the Offer due to its determination that a condition to the Offer could not be satisfied. The company said a committee of board members has suspended Mercer and Qi while it investigates the allegations. Share this article. filed on behalf of the Purchaser, Global Fintech Holdings Ltd., Mark Hanson and Darren Mercer. Europe, Menlo Park, China), Total number of current Jobs the person has. SECURITIES AND EXCHANGE COMMISSION This Amendment is being filed to announce Mr. Mercer holds a BSc in Economics from the University of Manchester.04. Darren Christian Mercer founded BNN Technology Plc. BNN and MICT have the option to increase the amount of the note financing to $3 million in the future. Change the plan you will roll onto at any time during your trial by visiting the Settings & Account section. Knutsford, Cheshire WA16 7GY. Or was it all fantasy. Joint Press release issued by Purchaser and MICT on July 2, 2018 (incorporated by reference to exhibit 99.2 to the Form 8-K filed by MICT on July 2, 2018). 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 . amends and supplements the Tender Offer Statement on Schedule TO filed by BNN Technology PLC, a private limited company organized 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. MICT, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. BNN TECHNOLOGY PLC - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. Media. Global Consumer Camera Drones Market to Reach US$186.2 Billion by the Year 2027 I cant see any further updates since 23rd Dec 2022, on the BNN website. said it was continuing talks with former CEO Darren Mercer over repayment of a 450,000 loan . MICT, Inc. 28 West Grand Avenue, Suite 3 Montvale, New Jersey 07645. Item 1.01 Entry into Material Definitive Agreement. Lorem ipsum dolor sit amet consectetur adipisicing elit. Press release issued by Purchaser regarding termination of the Offer on June 5, 2019. 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. 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. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. On average, MICT Inc executives and independent directors trade stock every 209 days with the average trade being worth of $766,027. WASHINGTON, D.C. 20549, Tender Offer Statement Ardonagh Group, Swinton Group, Willis Towers Watson, HSBC, Alliance Manchester Business School, and GE Capital. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for 65 per month. Darren Mercer is the Founder, CEO & Executive Director of Cleveland. Source: FactSet. {{ userNotificationState.getAlertCount('bell') }}. *, Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.*. Lower Peover. On March 14, 2013, the Company changed its corporate name from Lapis Technologies, Inc. to Micronet. Darren Mercer, CEO at BNN Technology, talks about the partnership between his company with the famed football club, FC Barcelona. Enter your email address below to get our daily insider buying and selling report. The Stock Moves Lower. . TIO (Tingo Group) EBITDA as of today (March 04, 2023) is $-39.22 Mil. Likes. Mr. 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. 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. (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. Find out more information about BNN TECHNOLOGY PLC. 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 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. The BNN Technology management team includes Darren Mercer (Founder, Chief Executive Officer, Executive Director), and Darren Mercer (Founder and Executive Director). BNN Technology PLC. 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. We support credit card, debit card and PayPal payments. 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