22nd Aug 2019 18:35
(Alliance News) - Africa Opportunity Fund Ltd on Thursday said that three board directors have resigned from the company with immediate effect.
Non-Executives Christopher Agar, Vikram Mansharamani and Peter Mombaur have all left the fund, the company said, in-line with plans announced in June to reduce the size of its board.
The company's board now consists of Non-Executive Chair Myma Belo-Osagie and directors Shingayi Mutasa and Robert Knapp.
Shares in the company were closed 2.7% lower at USD0.55 each in London on Thursday.
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