1 July 2020
IamFire plc
AQSE: FIRE
(“IamFire” or the
“Company”)
Appointment of
Non-Executive Chairman
The Company is pleased to announce the appointment of Mr
Marc Turlough Bamber to the Board of
Directors and as Non-Executive Chairman of IamFire plc with
immediate effect.
Mr Bamber is a Global Corporate Financier, with over 20-years’
experience in the Hedge Fund Sector, Capital Markets, Private &
Institutional Investments; Investor Communications &
Marketing.
Marc was a core member of the multiple award winning RAB Special
Situations Fund that delivered net returns of 50x to investors with
circa. US$2.8Bn in Assets Under
Management (AUM) in just under five years. Marc is very active in
the international markets and works with a number of Toronto & London-Listed companies in
senior management roles. He currently sits on the Board of
TSX-V Listed Canada Silver Cobalt Works (TSX-V: CCW), a circa.
C$50M junior exploration mining
company.
CEO & Director, Burns Singh Tennent-Bhohi
“I have known and worked on transactions with Marc for
a number of years and can personally attest to the integrity,
energy and work ethic he brings to companies. Marc’s deep
experience, global network and exceptional track-record for
identifying companies that require augmentation will be of great
value to IamFire plc and our shareholders.
I welcome Marc to the company and
look forward to providing our shareholders and the market with
further updates.”
Non-Executive Chairman & Director, Marc T Bamber
“I am delighted to be joining the Board of IamFire Plc as Non
Executive Chairman where our strategy is similar to that of RAB
where we analysed hundreds of companies prior to
investment.
Burns is an inspired, hard working and successful
entrepreneur. We work well together and I am confident
this will provide strength for the future success of the
company.”
Further information on Marc Turlough
Bamber:
Mr Bamber currently has an interest of 208,333 ordinary shares
in IamFire plc. Upon admission of the placing shares, as announced
on 26 June 2020, Mr Marc T Bamber
(subscribed for 500,000 shares) will have an interest over
708,333 ordinary shares representing 2.5% of the enlarged share
capital, expected to occur on or around the 8th
July 2020.
The Board has issued Mr Bamber with 500,000 options with a
strike price of 10p and a life to expiry of 3-years. The options
shall vest immediately and should they all be exercised within
18-months of issue, Mr Bamber shall be awarded a further 500,000
options with a strike price of 15p and a life to expiry of
3-years.
Save as set out below, there is no further information regarding
Marc Turlough Bamber that is
required to be disclosed pursuant to Appendix 1, Table A, paragraph
5.1.2 of the AQSE Exchange Growth Market - Rules for Issuers.
| Current
Directorships |
Previous
Directorships |
|
|
| Canada Silver Cobalt Works (TSX-V:
CCW) |
Goldbelt Empires Ltd |
| Buffalo Associates Limited |
Greenplough Limited* |
| Goldex Resources Corp.
(TSV-V:GDX) |
Loncad Limited |
|
|
|
|
|
|
Mr. Bamber was a director of Greenplough. Greenplough Limited
was placed into creditors voluntary liquidation on 6 June 2014 with an estimated deficiency to
creditors of £13,243.
The directors of the issuer accept responsibility for the
contents of this announcement.
Enquiries:
IamFire plc:
Burns Singh Tennent-Bhohi (CEO & Director) & Marc T Bamber
(Non-Executive Chairman)
Direct Office Line: +44 (0) 20 3778 0755
burnsstb@iamfireplc.com
marctbamber@iamfireplc.com
ir@iamfireplc.com
Twitter: https://twitter.com/IamFirePlc
Peterhouse Capital Limited
Guy Miller: + 44 (0) 20 7469 0930
(Direct)