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GFH Financial Group has announced the purchase of 45,582,673 of its own shares, also known as treasury shares. This acquisition increases the company's total holding of treasury shares from 268,565,465 shares (representing 7.01% of the total issued shares) to 314,148,138 shares (representing 8.20% of the total issued shares) as of March 27, 2024. The decision to purchase these shares was made by the board of directors in September 2021 and approved by the authority in March 2024. The average purchase price was USD 3110 per share, representing 1.189% of the issued capital.
The Board of Directors of Sudatel Telecom Group Ltd. held its regular meeting No. 1/2024 on Tuesday, 26/03/2024. They approved the audited consolidated financial statements for the year ended 31 December 2023.
On March 27, 2024, Investcorp Capital plc announced the resignation of its non-executive board member, Jan Erik Back. The resignation was accepted on March 24, 2024, and will be effective from April 1, 2024. The reason for the resignation is retirement. Abbas Rizvi has been appointed as the new member of the board in place of Back.
Investcorp Capital has appointed Rohit Nanda as its new Chief Financial Officer (CFO), effective from 2 April 2024. Nanda, a Chartered Accountant and a CFA Charterholder, previously served as the Head of Operations and Head of Investment Structuring and Business Support, Asia, at Investcorp. He succeeds Abbas Rizvi, who has been appointed CFO of Investcorp Holdings B.S.C.(c) after a successful tenure at Investcorp Capital, including overseeing the company's initial public offering.
On March 24, 2024, Investcorp Capital plc accepted the resignation of their Executive Manager, Abbas Rizvi. The reason for his resignation was his appointment as a non-executive director of Investcorp Capital plc and the Chief Financial Officer of Investcorp Holdings B.S.C.(c). Rohit Nanda was appointed to carry out the duties of the resigning Executive Manager. The board decision approving this appointment was made on March 24, 2024, and the appointment will start on April 1, 2024.