Annonce • Dec 27
Tintra's General Meeting to Seek Shareholder Approval for Cancellation of Admission to Trading of the Shares on AIM On 6 December 2023, Tintra PLC notified shareholders of a General Meeting to seek shareholder approval for the cancellation of admission to trading of the Shares on AIM and the re-registration of the Company as a private limited company (the "Resolutions"). Annonce • Nov 07
Tariq Al Abdulla and Andrew Bascombe cancelled the acquisition of Tintra plc. Tariq Al Abdulla and Andrew Bascombe signed an in-principle agreement to acquire Tintra plc for £23.4 million on September 7, 2023. The Proposal, if it was to proceed to a formal offer, is subject to the satisfaction or waiver of a number of customary pre-conditions, including satisfactory completion of due diligence and the finalization and documentation of financing for the transaction. Shareholders are advised to take no action at this time. As of November 5, 2023, Tintra majority shareholders wish not to accept a cash offer at £1.5 per Ordinary Share but would wish to retain their Ordinary Shares in Tintra. The acquirer announces that it does not intend to make a full offer for Tintra, but instead, it intends to make the Tender Offer. Consequently, going forward, LRB is subject to the provisions of Rule 2.8 of the Code.
Allenby Capital Limited acted as a financial advisor to Tintra. Cairn Financial Advisers LLP acted as a financial advisor to acquirers.
Tariq Al Abdulla and Andrew Bascombe cancelled the acquisition of Tintra plc for on November 6, 2023. Annonce • Oct 18
Tintra PLC, Annual General Meeting, Nov 02, 2023 Tintra PLC, Annual General Meeting, Nov 02, 2023, at 13:30 Coordinated Universal Time. Location: offices of Allenby Capital Limited, 5 St Helen's Place, London EC3A 6AB. London United Kingdom Annonce • Sep 09
Tariq Al Abdulla and Andrew Bascombe signed an in principle agreement to acquire Tintra plc for £23.4 million. Tariq Al Abdulla and Andrew Bascombe signed an in principle agreement to acquire Tintra plc for £23.4 million on September 7, 2023. The Proposal, if it was to proceed to a formal offer, is subject to the satisfaction or waiver of a number of customary pre-conditions, including satisfactory completion of due diligence and the finalization and documentation of financing for the transaction. Shareholders are advised to take no action at this time. Allenby Capital Limited acted as a financial advisor to Tintra. Cairn Financial Advisers LLP acted as a financial advisor to acquirers. Annonce • Jul 08
Tintra plc Announces Resignation of Dr. Andrew Bowen as Non-Executive Director, Effective 5 August 2023 Tintra PLC announced that Dr. Andrew Bowen is stepping down from his position as a Non-Executive Director of the Company on 5 August 2023 and transitioning to a sovereign/government facing role within the wider Group. Annonce • Jul 07
Tintra PLC, Annual General Meeting, Jul 31, 2023 Tintra PLC, Annual General Meeting, Jul 31, 2023, at 09:00 Coordinated Universal Time. Location: Allenby Capital Limited, 5 St Helen's Place, EC3A 6AB London United Kingdom Annonce • Jul 01
Tintra PLC Announces Management Change Following the announcement on 9 March 2023, the board of directors (the "Board") of Tintra PLC pleased to confirm the transition of Dr. Vanessa Neumann to Chair of Strategic Initiatives for Latin America and the Caribbean is complete. As advised in the earlier announcement Dr. Neumann will now give her full attention to her vital role of developing the Company's strategy in the western hemisphere and as such has stood down from the board as a Non-Executive Director. It is expected that Dr. Neumann will become a director of the Company's Puerto Rico business in due course. Annonce • May 17
Tintra PLC Announces the Filing of Three New Patent Applications The board of directors of Tintra PLC announced the filing of three new patent applications (the "Patents"). The Patents relate to two individual unique inventions that have been submitted to the United Kingdom and United States Patent Offices. The Patents, if granted, will be held by Tintra 3.0 Limited. Both inventions will add additional, and significant, IP protection to the unique technological infrastructure which the Group is building as part of its program to introduce novel web3 technologies into secure, regulated, environments. This ensures the Group's continued operation in a technological landscape which differentiates it from its competitors, namely in a space which combines the advanced areas of innovation of web3 and the heavily regulated environment of traditional banking. Through bringing both of these sectors together in a unique way that allows the benefits of digital innovation while still remaining compatible with legacy frameworks, these innovations provide the risk-off approach that Tintra seeks, and regulators demand. Further to this, the Company is now proceeding with international patent protection under the Patent Cooperation Treaty (PCT), alongside direct applications to a number of countries globally. This forms a part of the company's larger strategy for protection of the Group's inventions within all of the geographical regions that it intends to operate once active. Annonce • Feb 03
Tintra plc Announces Appointment of Constantine Chikosi as Director of Strategic Initiatives for Africa The board of directors (the "Board") of Tintra, the fast-growth Deep Tech & Banking business, announced the appointment of Constantine Chikosi as Director of Strategic Initiatives for Africa. This position has been created as the Group continues to cement itself in these regions as a core element in its plan to build global banking infrastructure driven by culturally aware Artificial Intelligence and Natural Language Processing tools. Mr. Chikosi will have a vital role in driving stategy and further developing the Group's relationships with governments and financial institutions throughout Africa. Mr. Chikosi is a senior business executive with over 25 years of experience in emerging markets and high-level global relationships in both public and private sectors. After gaining a Masters Degree in Economics, Mr. Chikosi joined the Anglo American mining group, before moving to the London office of the Commonwealth Secretariat in 1990, qualifying as a Chartered Management Accountant and becoming Chief Economics Officer. In 2000 Mr. Chikosi joined the World Bank, and in an almost 20 year spell there held various leadership roles at its Washington DC headquarters and in its offices in Africa and South East Asia, eventually becoming Regional Director of Portfolio & Operations (Southeast Asia) in 2013. Since retiring from his full time position at the World Bank in 2019, he has remained with them as a Strategic Advisor while building a portfolio of private sector advisory roles in the UK, Africa and the Indian Ocean. Among these roles, Mr. Chikosi serves on the Board and the Strategy Committee of MCB Group, owner of Mauritius Commercial Bank, the bank in Mauritius and listed on the local stock exchange, and as a Board Member at Strand Hanson Ltd, a London-based merchant bank. Annonce • Jan 26
Tintra PLC Appoints Paul James as Chief Operating Officer The board of directors of Tintra announced the appointment of Paul James as Chief Operating Officer ("COO") as the Group continues to execute its plan to build global banking infrastructure driven by Artificial Intelligence and Natural Language Processing tools. While this is not a Board position, the COO will be responsible for operational rollout of the Group' sambitious strategy. In particular, Paul's role in ensuring that the innovative technology being developed in-house is seamlessly integrated with the Temenos banking software and remains fully compliant with the various regulations of the multiple jurisdictions in which the Group have authorisation, have applied for authorisation or anticipate having authorisation in the future,. Paul has 25 years of experience in the financial services and banking sectors including periods at HSBC as a divisional COO and as the original COO of Starling Bank. During his career, he has been responsible for driving change and operational excellence through organizations globally. Paul has operated at the executive and senior management level of financial firms and demonstrates experience in the management of technology and operations both strategically and operationally. He also has delivered customer experience functions within an operational support environment and has a strategic business development perspective. He has significant experience in the running of critical operations combined with the conduct and leadership. As COO HSBC EMEA Paul led many strategic reviews to ensure the bank operated consistently globally across all product lines. The area under his remit included global outsourcing, security, disaster recovery and business continuity. Paul led the review and delivery of balance sheet rationalization across several businesses and many countries. 