Valereum PLC Board Appointments, Update on EGM and AGM (1660Z)
January 10 2024 - 2:00AM
UK Regulatory
TIDMVLRM
RNS Number : 1660Z
Valereum PLC
10 January 2024
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ("MAR")
10/01/2024
Valereum Plc
("Valereum" or the "Company")
Board Appointments, Update on EGM/ Shareholder update and
AGM
Valereum Plc, the Gibraltar technology group is pleased to
announce that the EGM to ratify approval of the acquisition of GSX
Group will take place on Tuesday 30(th) January 2024.
Valereum Plc would also like to inform all shareholders that the
AGM will be deferred until a full audit is concluded, but is
pleased to announce a shareholder meeting will take place on
Wednesday 31(st) January 2024 to update investors as follows:
1. Meet the new board
2. A brief financial update (full financials to be shared at the AGM later in the year)
3. Share the opportunity and business plan: presentation of the
board's medium term plan (1-3 year cycle) which will detail the
updated strategy and vision for the group, including:
a. The VLRM Markets roadmap;
b. The VLRM Technology roadmap including the launch of the "Bridge"
c. Other milestones
d. Governance and compliance
e. Marketing and branding (The Great Reset)
f. ESOP
4. Outline Capital raising plans
5. AOB
6. Q&A
We will announce the time and venue of the shareholder meeting
shortly on our website .
Valereum is also pleased to announce the following board
appointments.
Nick Cowan has officially joined the Board as Chief Executive
Officer. Formerly serving as GSX Group CEO and f ounder of the
Gibraltar Stock Exchange and GSX Group. With 35+ years' experience
Nick was the former global head of equities and global head of
equity trading at ING Barings.
Simon Brickles has officially joined as a Non-Executive Director
to the company. Simon, the current group Chairman of the GSX Group,
brings over 30+ years' experience in capital markets. Simon served
as the former head of AIM/London Stock Exchange and other
markets.
Gary Cottle has officially joined the board as a Non-Executive
Director. Gary has had a 30 year career in the financial services
industry, most recently as Senior Managing Director and Head of
Global Markets EMEA and has managed a number of exchange and
platform investments.
The following information is provided for the purpose of Rule
4.9 of the AQSE Growth Market Access Rulebook.
Nicholas Cowan
Current directorships and/or Former directorships and/or partnerships
partnerships: (within the last five years):
CSX Limited (Gibraltar) GSX International Limited (Gibraltar)
RioStox (Seychelles ) Limited Hashstacs Inc
USX Holdings Company, Inc. Hashstacs Pte Ltd
XNet Holdings Limited GSX Grid OU
Rio Technologies Pte Ltd Gibtech Pte Ltd
RioStox (CEZ) Limited Juno Holdings Limited
NexStox Inc. (formerly GSX GSX Holdings Limited
Labuan Limited) YC Investments Limited
Genisys Digital Limited Helm Capital Limited
GATENet Limited
Blocktech Holdings Limited
North Port Limited (formerly
GBX Limited)
GSX Services Limited (Gibraltar)
GSX Group Limited (Gibraltar)
N J Cowan Limited
----------------------------------------
Nicholas was a director of Cowan and Cowan Limited, a property
development business which was subject to a Creditors Voluntary
Liquidation ("CVL") in February 2011. Following the completion of
the CVL, the company was dissolved in April 2012, and all creditors
received their payments in full.
Simon Brickles
Current directorships and/or Former directorships and/or partnerships
partnerships: (within the last five years):
GSX Limited (Gibraltar) Capital Access Group Limited
GSX Group Limited (Gibraltar) Scout IR Limited
Norfolk Community Foundation GXG Markets A/S (Denmark)
Genissys Digital Pro Limited
Gatenet Technology Limited
Market Regulation Limited
----------------------------------------
Simon was a non-executive director of Bellzone Mining PLC, an
AIM listed mining company which went into administration in
December 2018 as the company was not able to raise sufficient
capital to continue operations.
Gary Cottle
Current directorships and/or Former directorships and/or partnerships
partnerships: (within the last five years):
Kingsrock construction Ltd Air Quants Limited
W360 LTD Kingsrock Ltd
Aerum Limited
Investsure Holdings Ltd
Investsure Property Platform
Ltd
Airrated Ltd
Project Beckham Limited
Metrikus Limited
Savoy Plaza Ltd
Kingsrock Joinery products
Ltd
Turner Schools
Caxton House Developments Limited
Jags Investments Limited
Jags Holdings Limited
Smart Building Boot Camp Limited
Caxton House Freeholders Ltd
Urban Re Property Services
Ltd
Urban Re Ltd
Jags Estates Limited
AGC Property Limited
----------------------------------------
There is no further information to be disclosed pursuant to Rule
4.9 of the AQSE Growth Market Access Rulebook.
The directors of the Company accept responsibility for the
contents of this announcement.
For more information, please visit the Company's website at
Valereum.gi
Enquiries:
Valereum Plc
James Formolli, Chairman
Tel: +971 4584 6284
AQSE Corporate Adviser
First Sentinel Corporate Finance
Brian Stockbridge
Tel: +44 20 3855 5551
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