The Company has changed its investment strategy to focus on opportunities in the technology sector. In an era where technology is reshaping industries and redefining the way we live and work, the Company is committed to identifying and supporting tech enterprises that are developing the technology landscape. The resulting investment(s) may be in a company, partnership or a special purpose vehicle. The Company expects to target such opportunities in the technology sector which require funding to complete development, commercialise its technology or progress its operations. The Company will also focus on those opportunities which would provide the Company with an economic interest (by equity, royalty or debt participation) and a controlling interest (through board or management positions) and whose potential value, over the long term, is greater than the price and costs expended by the Company to acquire them. The Company also reserves the ability to make investments outside of the technology sector, if the Directors believe that they will bring long-term value to shareholders.
The Company does not propose to limit its search to any specific geographic location, however the Directors will ensure that the geographic location of any investment opportunity is suitable for institutional investment in the London market.
Charlie Wood is a highly experienced corporate finance executive with wide ranging international and capital markets experience.
Mr Wood is a Partner of Orana Corporate, a London based FCA regulated boutique corporate advisory firm.
In addition, Mr Wood holds various non-executive directorships in listed and private companies across natural resources, technology and FMCG.
Neil Ritson is a geoscientist with a career spanning over 40 years in the energy and resource sectors. After a 20 year career with BP working in technical and managerial positions around the globe, Neil become Senior Vice President, International for Burlington Resources before joining AIM listed Regal Petroleum plc as its CEO. Between 2010 and 2017, he was the CEO of LGO Energy plc and until 2018 the CEO, and later Executive Chairman, of Solo Oil plc. At Solo, Neil recognised the potential for helium exploration using the latest play concepts and was instrumental in Solo making a substantial early investment in Helium One Limited in 2017. As part of its investment in Helium One, Neil facilitated access to legacy seismic data and personally supervised its reprocessing and reinterpretation.
In partnership with two of the UK’s principal helium research teams at Oxford and Durham Universities, Neil has developed a private company, Helium Resources Limited, which has successfully completed helium surveys in the UK and is seeking to license these for production. Neil is a recognised expert on the identification of helium plays and their commercialisation.
Fungai Ndoro is an experienced small cap corporate financier who specialises in working with growth companies. She has worked in the City for over a decade and has spent most of her career as a corporate financier at Peterhouse Capital, advising public companies and executing a broad spectrum of corporate transactions, including IPOs, acquisitions and disposals, CVAs, open offers, and structural reorganisations for corporate clients on the London Stock Exchange, AIM and AQSE. Over her career, Fungai has executed the structuring and launch of several companies.
Fungai is currently an Executive Director of AQSE listed Quetzal Capital Limited and is an independent consultant providing strategic guidance and advice to start-ups and growth companies in various sectors on corporate governance frameworks and capital market transactions.