Director dealings: Mercantile Investment Trust non-exec buys in
7th Jan 2016 15:22
(ShareCast News) - Angus Lennox, a non-executive director of JP Morgan-managed Mercantile Investment Trust, has invested £90,150 of his cash in the grand old dame of the UK trust sector. Former Cazenove investment banker and then a managing director of the investment arm once JP Morgan took over, Le
Read moreAll talk and not much action for Concha in 2015
22nd Dec 2015 14:55
(ShareCast News) - It was all talk and no action for Concha in 2015, as the firm released its audited results for the year to 30 June on Tuesday. The AIM-listed media investment company described its "disappointment", having not added to its investment portfolio during the year. It was celebrating
Read moreSunday share tips: Sigma, Concha, ETFs
20th Dec 2015 14:14
(ShareCast News) - Shares in Concha should be sold, said the Sunday Times' Inside the City column. The cash shell's shares have plunged after chairman Chris Akers failed to seal the deal on a "specific global opportunity", with nine months of talks coming to an end last Thursday. The share price now
Read moreConcha appoints former JP Morgan executive
9th Oct 2015 08:01
(ShareCast News) - Richard Tray has been appointed to Concha's senior executive management team, the investment group confirmed on Friday. Tray, who held different roles at JP Morgan until 2004 when he formed Traycer, an independent financial consultancy group, will step into his new role immediatel
Read moreConcha appoints new director
30th Apr 2014 13:20
AIM quoted investment company Concha has appointed Gordon Watson as a non-executive director of the company. Watson, who is currently regional Chief Executive of Hong Kong listed pan-Asian life insurance provider AIA Group, will assume the role with immediate effect. He has held various senior lead
Read moreConcha's app investment at risk
6th Sep 2013 08:00
Media and technology investment company Concha said Moshen, an app developer it took a stake in five months ago, was in administration and that the security on a 300,000 pounds loan it made to Moshen was unenforceable. Moshen's administrators have told Concha that the debt, originally viewed as sec
Read moreConcha shares dive on 'apparent financial irregularities'
27th Aug 2013 09:16
AIM-listed Concha saw its shares plunge by almost a third on Tuesday after revealing it had 'uncovered apparent financial irregularities' which indicated a 'significant working capital shortfall' within one of its investee companies, Moshen. Concha, which invests in media, communications?and techn
Read moreConcha has trading on AIM suspended
8th Feb 2013 12:25
Concha, an AIM-listed investing company, said Friday that it had suspended trading of its shares on the index as it has not yet implemented its investing policy. The company must either make an acquisition which constitutes a reverse takeover or otherwise implement its approved investing policy by
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