William Redford

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William Redford
Born1958
NationalityBritish
OccupationBusinessman

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

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

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

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

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

References

  1. ^ "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg.com. Retrieved 2016-04-21.
  2. ^ "William Redford", NewsBites, 8 December 2014. Nexis. (subscription required)
  3. ^ "LP Hill In Management Shuffle As It Unveils GBP405,000 Fundraising", Alliance News, 9 September 2014. Nexis. (subscription required)
  4. ^ Eligere Investments Plc: Changes to Substantial Shareholdings. London Stock Exchange, 31 October 2014. Retrieved 3 June 2015.
  5. ^ 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.
  6. ^ Danish stock exchange suspends two Belvedere Group issuers. David Marchant, Offshore Alert, 4 June 2015. Retrieved 9 June 2015.
  7. ^ Another Belvedere limb severed as Cayman authorities take control of Brighton SPC. Alec Hogg, BizNews.com, 2 June 2015. Retrieved 3 June 2015.
  8. ^ "William Redford - Emerging Market Minerals director resigns 11 June 2015", NewsBites, 11 June 2015. Nexis. (subscription required)
  9. ^ "Emerging Market Minerals PLC Directorate Change and Corporate Update", London Stock Exchange Aggregated Regulatory News Service, 11 June 2015. Nexis. (subscription required)
  10. ^ Advalorem Value Asset Fund Limited v William Francis Redford & Ors. Gibraltar Courts Service. Retrieved 28 April 2016.
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