29th Jul 2015 11:03
LONDON (Alliance News) - Inspired Capital PLC Wednesday said that Chief Financial Officer David Blain has stepped down from his role, after Bentley Park UK Ltd received valid acceptances for 93.11% of Inspired's share capital.
Blain will be replaced by Neil McMyn, while David Craven has been appointed as chairman and Ron Robson has been appointed as chief executive of Inspired.
Craven is currently chairman and CEO of television producer DCD Media PLC and also CEO of Timeweave Ltd. Robson is currently deputy chairman of pub group Mitchells & Butlers PLC and a managing director at investor Tavistock Group.
Former Chief Executive Brian Cole and Chairman Matt Cooper resigned from Inspired Capital in May, and the company was later approached by Bentley Park with a takeover offer in a proposed deal made straight to shareholders that valued the AIM-listed company at GBP43.8 million.
On Tuesday, Bentley announced that it had either acquired or received valid acceptances in respect of 93.11% of Inspired's total share capital.
Shares in Inspired Capital were trading up 0.8% at 21.55 pence Wednesday.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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