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Africa Opportunity Fund Directors Resign To Streamline Board

(Alliance News) - Africa Opportunity Fund Ltd on Thursday said that three board directors have ...

Alliance News 22 August, 2019 | 6:35PM
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(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.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Africa Opportunity Ord 0.57 USD 0.00 -

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