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AMBRWed, 20th Jul 2016 08:53
LONDON (Alliance News) - Commodity trading services provider Ambrian PLC on Wednesday said Chairman Robert Adair is to step down.
The company said it has identified a successor for Adair and is finalising the terms of his appointment.
Shares in Ambrian were untraded Wednesday, having last traded at 3.80 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
Stockbroking and trading services group Ambrian said its full-year results were hurt by lower-than-expected economic growth in its key markets due to tight credit conditions for its users. The group also posted reduced margins in its merchant activities due to lower volatility and increased competit
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