William Redford
William Redford | |
|---|---|
| Born | 1958 |
| Nationality | British |
| Occupation | Businessman |
William Francis Redford (born 1958) is a British businessman. He is the chief executive, since October 2014, of Eligere Investments plc, a company formerly traded on the GXG Market in Denmark.
Early career
[edit]Redford worked for Frahuil S.A., then Phillip Brothers, the commodity trading division of Salomon Brothers, trading vegetable oil. At Philip Brothers he was head of the vegetable oil trading desk.[1][better source needed] Redford has also worked as an interdealer broker in European government bonds.[2]
Kijani Resources and Eligere Investments
[edit]In September 2014, Redford became a non-executive director of AIM listed LP Hill plc, now known as Emerging Market Minerals plc, as a representative of Kijani Resources Limited.[3]
In October 2014, Redford was appointed chief executive and chairman of Eligere Investments plc, a company traded on the GXG Market in Denmark.[4][5] Trading in the company's shares was suspended by GXG in early June 2015.[6] The UK's Financial Conduct Authority has warned that Eligere may be providing financial services or products in the UK without their authorisation.
Following a reorganisation in April 2015, the ordinary shares of Eligere Investments were 67% owned by Kijani Resources Limited, a special purpose vehicle of the Kijani Commodity Fund that is a segregated portfolio of the Brighton Segregated Portfolio Company (SPC) based in the Cayman Islands.[5] On 1 June 2015, the Cayman Islands Monetary Authority announced that Brighton SPC had been placed in Controllership following a forensic examination of the fund by accountants.[7]
In June 2015,[8] Redford resigned from Emerging Market Minerals plc following the actions of the Cayman Islands Monetary Authority.[9]
Advalorem Value Asset Fund
[edit]In September 2015, a judge in the Supreme Court of Gibraltar imposed a worldwide freezing order on Redford's assets in connection with an alleged claim of fraud relating to Advalorem Value Asset Fund Limited.[10]
Other appointments
[edit]Redford is managing director of Mareeba Group Limited and has a number of other current and former company appointments. He is a director of Silex (UK) Limited and a former director of Silex Fund PCC Limited (in liquidation).
See also
[edit]References
[edit]- ^ "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg.com. Retrieved 2016-04-21.
- ^ "William Redford", NewsBites, 8 December 2014. Nexis. (subscription required)
- ^ "LP Hill In Management Shuffle As It Unveils GBP405,000 Fundraising", Alliance News, 9 September 2014. Nexis. (subscription required)
- ^ Eligere Investments Plc: Changes to Substantial Shareholdings. London Stock Exchange, 31 October 2014. Retrieved 3 June 2015.
- ^ a b Eligere Investments Plc: Director Appointment, Conversion of Loan Notes, Acquisition, and Details of Substantial Shareholder. GXG Markets, 2 April 2015. Retrieved 3 June 2015.
- ^ Danish stock exchange suspends two Belvedere Group issuers. David Marchant, Offshore Alert, 4 June 2015. Retrieved 9 June 2015.
- ^ Another Belvedere limb severed as Cayman authorities take control of Brighton SPC. Alec Hogg, BizNews.com, 2 June 2015. Retrieved 3 June 2015.
- ^ "William Redford - Emerging Market Minerals director resigns 11 June 2015", NewsBites, 11 June 2015. Nexis. (subscription required)
- ^ "Emerging Market Minerals PLC Directorate Change and Corporate Update", London Stock Exchange Aggregated Regulatory News Service, 11 June 2015. Nexis. (subscription required)
- ^ Advalorem Value Asset Fund Limited v William Francis Redford & Ors. Gibraltar Courts Service. Retrieved 28 April 2016.