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. He previously worked at Henry Cooke, Lumsden as a Director. Find your friends on Facebook. International stock quotes are delayed as per exchange requirements. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. . 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. Competitors identified in this market include, among others: Standard Digital includes access to a wealth of global news, analysis and expert opinion. Can Shell close the valuation gap with US rivals? Unless otherwise indicated, references Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. Enter your email address below to get our daily insider buying and selling report. Mr. Mercer received an undergraduate degree from The University of Manchester. BNN made 2m revenues last year yet Darren Mercer paid himself over 580k, and granted . MICT, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. All quotes delayed a minimum of 15 minutes. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Copyright 2023 CB Information Services, Inc. All rights reserved. The Stock Moves Lower. BNN Technology has 1 team member, including former Chief Financial Officer, Scott Kennedy. Most recently he bought 6,000,000 units of MICT stock worth $8,460,000 on 17 May 2021. Well they are saying turn over up profits up so where does that money go and it cant disappear over night but for sure if you look at the performance of MICT share price has been played around with from the start same as BNN in its day .. who and why then look at the characters promoting the investments all have track records or dont stack up . cant find anywhere else. The stock was acquired at an average cost of $1.41 per share, with a total value of $8,460,000.00. *, Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees.*. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. 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. {{ userNotificationState.getAlertCount('bell') }}. Darren Mercer has not been actively trading shares of MICT during the last quarter. Presently, he is President, Chief Executive Officer & Director at MICT, Inc. Thinking about trading options or stock in Micron Technology, Microsoft, Netflix, Exxon Mobil, or Home Depot? Mr. Turn on account notifications to keep up with all new content. 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. 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. 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 . BNN Technology recently partnered with Arsenal Football Club on March 3, 2017. Identify the previous filing by registration statement number, or the Form or Schedule and the date of Jun 30, 2022. fee was previously paid. He is their advisor and ought to know. and supplemented by adding the following exhibit: After due inquiry and to the best of their knowledge 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. Public asset : 20,703,033 USD. offers FT membership to read for free. 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. Get Contact Info for All Departments HarryGros, that is more or less how I see it. Age : 57. CBI websites generally use certain cookies to enable better interactions with our sites and services. Brookfield Interactive (HK) and BNN Technology, or any person acting on . 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. Press release issued by Purchaser regarding termination of the Offer on June 5, 2019. Check if your Darren Mercer is the Founder, CEO & Executive Director of Cleveland. BNN and MICT have the option to increase the amount of the note financing to $3 million in the future. 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. *, Press release issued by Purchaser regarding extension of the Offer on April 8, 2019. Choose the right Crunchbase solution for you . First Floor Mallory House. There is some . BNN Technology, +2 more The University of Manchester 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. *, Letter to Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees. The new name will be launched, along with a zippy new web site, next month. Micron Gives a Bleak Forecast. Darren Mercer. The new name BNN, I discovered, stands for Beijing New Net, which is DJI's operating company in China. Looking for a particular BNN Technology employee's phone or email? This net worth evaluation does not reflect any other investments that Mr. Mercer may own. Does anyone know if the proposed takeover is still actually happening? said it was continuing talks with former CEO Darren Mercer over repayment of a 450,000 loan . 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. *, Press release issued by Purchaser regarding extension of the Offer on March 13, 2019. 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 . 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. Find out more information about BNN TECHNOLOGY PLC. cookies 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). BNN Technology, +2 more The University of Manchester Darren Mercer Watkin Davies Insurance Consultants . 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 . 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. Since the date of our previous update, both China and Hong Kong have continued to endure Government enforced travel restrictions and . View the profiles of professionals named "Darren Mercer" on LinkedIn. 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. A short-term phased recovery by key geography is also addressed. million verified professionals across 35 million companies. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. No credit card required. Gender Male. . BNN Technology PLC. Darren's mailing address filed with the SEC is 28 WEST GRAND AVENUE, SUITE 3, , MONTVALE, NJ, 07645. This Amendment is being The company said a committee of board members has suspended Mercer and Qi while it investigates the allegations. BNN Technology. Our website makes it possible to view other available documents related to BNN TECHNOLOGY PLC. Darren Mercer is the Founder, CEO & Executive Director of Cleveland. Up to 5 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. EBITDA explanation, calculation, historical data and more 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 . 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. Knutsford. of the Securities Exchange Act of 1934, (Name, address and telephone number of person There are 50+ professionals named "Darren Mercer", who use LinkedIn to exchange information, ideas, and opportunities. Photographer: Paul Yeung/Bloomberg , Bloomberg. They were made by Scott Kennedy, who has resigned . 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 . Data may be intentionally delayed pursuant to supplier requirements. Most unhappy I am. (business & personal). of MICT, Inc., a Delaware corporation (MICT or the Company), at a price Looking for a particular BNN Technology employee's phone or email? Sundowner, they have certainly achieved this.Do you think the takeover will happen, or is it all made up? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. time, the Offer to Purchase) and in the related letter of transmittal (as it may be amended or supplemented Learn More on Darren Mercer's trading history. For cost savings, you can change your plan at any time online in the Settings & Account section. Learn More on Darren Mercer's trading history. Vegpatch, he is the advisor to whom? GFHI's versatile proprietary trading technology platform is designed to serve a large number of high growth sectors in the global fintech space. BNN Technology has 1 strategic partners and customers. organisation 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. 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. Can Shell close the valuation gap with US rivals? Intel stock's dividend sticks out among chip makers. journalists in 50+ countries covering politics, business, innovation, trends and more. Attention: Darren C. Mercer. 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. *, Press release issued by Purchaser regarding extension of the Offer on April 29, 2019. Start Your . Their most recent appointment, in our records, was to BNN TECHNOLOGY PLC on 2018-03-20, from which they resigned on 2019-11-01. Darren Mercer. Log in or sign up for Facebook to connect with friends, family and people you know. But a cut may be coming. More distance = more chance of getting away with it. 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. View the profiles of professionals named "Darren Mercer" on LinkedIn. Learn More about Darren Mercer's net worth. former Chief Financial Officer, Scott Kennedy, CBI websites generally use certain cookies to enable better interactions with. 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. The publisher brings years of research experience to the 6th edition of this report. 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 . 5 (this Amendment) Get notified the next time Darren Mercer buys or sells MICT stock. Darren Mercer. personalising content and ads, providing social media features and to 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 plc is a Chinese technology, content and services company that builds long-term partnerships to deliver China's citizens with value-added services, content and evolving opportunities. Darren Mercer Founder, CEO & Executive Director. If youd like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. Mr. Mercer owns 6,000,000 shares of MICT stock worth more than $0 as of March 4th. 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? 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.