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PME African Infrastructure Brian Myerson Resigns

Thu, 15th Jul 2010 12:58

LONDON (Dow Jones)--PME African Infrastructure Opps PLC (PMEA.LN), an investment company established to invest in sub-Saharan African infrastructure and infrastructure related industries, Thursday announces that, following the statement issued, yesterday, by the Panel on Takeovers and Mergers regarding Brian Myerson, Myerson has resigned from the board with immediate effect. MAIN FACTS: -Richard Bouma has returned to active service as part of a broader restructuring of the Investment Manager. -John Webley has already replaced Myerson in the role of non executive chairman of PME Infrastructure Managers Limited supported by Richard Bouma as executive vice chairman. -Brian Smith will retain the role of chief executive officer in charge of the day to day operations. -Shares at 1157 GMT down 0.16 pence, or 0.39%, at 39.8 pence. By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; iain.packham@dowjones.com (END) Dow Jones Newswires July 15, 2010 07:58 ET (11:58 GMT)
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10 Sep 2010 18:00

PME Infrastructure announces 10 cents dividend

PME African Infrastructure Opportunities is returning 10 cents a share of uninvested cash to shareholders AIM-quoted PME invests in sub-Saharan infrastructure operations. The company's net asset value is $123.8m, or 86 cents a share, at the end of June 2010. Share buy backs at 65 cents a share have

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29 Sep 2009 16:27

International Greetings boss buys, shares soar

Shares in International Greetings soared after the firm announced this afternoon that chairman Keith James bought a big chunk of shares in the greetings card group He bought 40,000 shares at 55p a time, bringing his stake in the company to 50,562 shares. News of the purchase was given an unusually

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