REG - Webis Holdings PLC - Jim Mellon joins the Webis board

Webis HoldingsAnnouncement

10/07/2024 07:00

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RNS Number : 7243V  Webis Holdings PLC  10 July 2024

For immediate release

10 July 2024

Webis Holdings plc

("Webis" or the "Group")

Jim Mellon joins the Webis board

Following regulatory approval, the Board of Webis, the global gaming group, is
pleased to announce the appointment of Mr James ("Jim") Mellon as a
Non-Executive Director of the Group. Jim is a well-known entrepreneur,
investor, and author. His interests include biopharma, life sciences,
property, mining, and financial services amongst others. Jim is an honorary
Fellow of Oriel College, Oxford and holds a master's degree in Politics,
Philosophy and Economics from Oxford University. Jim is the beneficial owner
of and Chairman of Burnbrae Group Limited.

Ed Comins, Webis' Managing Director, commented:

"I am delighted to welcome Jim to the Board of Webis. His exceptional
commercial experience will prove invaluable as we continue to implement our
strategy, and we are sure he will make a very positive contribution to the
Board."

James ("Jim") Mellon (age 67)

He has held the following directorships and/or partnerships in the past five
years:

 Current                                 Past
 Acruity Limited                         Binary Group Ltd
 Agronomics Investment Holdings Limited  Binary Investments (Europe) Limited
 Agronomics Limited                      Binary Limited
 Albany Management Limited               Biogerontology Research Foundation
 American Federation of Aging Research   Calabrese Holdings Limited
 Big Group Limited                       Extreme Opportunities Limited
 Bradda Head International Limited       Fast Forward Innovations Limited
 Bradda Head Limited                     Ferrum Limited
 Bradda Head Lithium Limited             Fixed-Odds Capital (Cook Islands) Ltd
 Buck Institute for Research on Aging    Global Glory Investment Limited
 Burnbrae Germany East GmbH              Insilico Medicine Cayman Subco
 Burnbrae Germany Limited                Insilico Medicine Cayman Topco
 Burnbrae Germany Operations GmbH        Insilico Medicine Hong Kong Limited
 Burnbrae Germany West GmbH              Insilico Medicine, Inc.
 Burnbrae Group Limited                  Interman (Hong Kong) Limited
 Burnbrae Limited                        Plethora Solutions Holdings plc
 Burnbrae Mitte GmbH                     Regent Corporate Finance Limited
 Burnbrae Sachsen GmbH                   Regent Fund Management (Asia) Limited
 Calabrese Holdings Limited              Regent Fund Management Limited
 Clean Air Capital Limited               Regent Metals Holdings Limited
 Clean Food Group Limited                Shaanxi Red Dragon Resources Ltd
 Compedica Holdings Limited              Speymill Deutsche Immobilien plc
 Condor Gold Plc                         Speymill Property Group (UK) Limited
 Good Dog Food Limited                   Wielandstrasse 5 Objekt GmbH
 IC Technology (UK) Limited
 J2 Music Limited
 Juvenescence Limited
 LyGenesis, Inc.
 Mann Bio Pathfinder Limited
 Mann Bioinvest (BVI) Limited
 Mann Bioinvest Limited
 Manx Financial Group plc
 MediqVentures Limited
 New Agrarian Company Advisors Limited
 New Agrarian Company Limited
 Podenco Global Limited
 Portage Biotech, Inc
 Powered Future Limited
 Regent Pacific Group Limited
 SABR Holdings Litd
 SalvaRx Group Limited
 SalvaRx Group PLC
 SalvaRx Limited
 Shellbay Investments Limited
 Sleepwell Hotels (UK) Limited
 Sleepwell Hotels Limited
 The Longevity Forum Limited
 Titec (BVI) Limited
 Winter Limited
 Wolseley Managers Limited

 

Jim Mellon holds 248,204,442 shares in the Group in the name of Burnbrae
Limited, representing 63.1% of the issued capital.

Further information on Mr Mellon which required to be disclosed under Schedule
Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies is set out in the
Appendix.

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 ("MAR").

For further information:

Webis Holdings plc Tel: 01624 639396

Denham Eke

Beaumont Cornish Limited Tel: 020 7628 3396

Roland Cornish/James Biddle

Appendix: Further disclosure under Schedule Two, paragraph (g) (i)-(viii) of
the AIM Rules for Companies

Jim Mellon was a director of Regent Global Fund and Undervalued Assets Greater
China Fund Series III, both of which went into voluntary liquidation. These
two funds were liquidated with the consent of shareholders as the directors
recommended that, due to a decline in the size of the funds, they were
uneconomic. There were no unsatisfied creditors.

Bigsave Holdings plc, a company of which Jim Mellon was a director, entered
into a voluntary liquidation. There were no unsatisfied creditors.

On 8 April 2003, Regent Pacific Fund, a company of which Jim Mellon was a
director, entered into a voluntary liquidation. There were no unsatisfied
creditors.

On 9 December 2005, Undervalued Assets Fund - Series One, a company of which
Jim Mellon was a director, entered into a voluntary liquidation. There were no
unsatisfied creditors.

On 5 February 2008, Asian Opportunity Fund 1998 - Series I, commenced
voluntary liquidation pursuant to its Articles and Association. Jim Mellon was
a director within the 12 month periods preceding such date. There were no
unsatisfied creditors.

On 29 January 2014, Rivington Street Holdings plc, a company of which Jim
Mellon was a director, entered into a voluntary liquidation. The creditors
were owed approximately £4 million, of which Jim Mellon and his interests
were owed £3.8 million.

On 3 September 2015, Speymill plc, a company of which Jim Mellon was a
director, entered into a voluntary liquidation and was subsequently dissolved
on 6 July 2017. The combined creditors of the Speymill Group were
approximately £4.3 million, of which Jim Mellon and his interests were owed
£3.9 million.

There was an historic arrest warrant for Jim Mellon, issued by the Seoul South
Korea prosecutor's office on 19 December 2000 and subsequently reissued on 14
January 2004. The warrant was due to remain valid and effective until 12 March
2010. The arrest warrant pertains to an alleged involvement in a conspiracy to
manipulate the share price of Regent Securities Co., Ltd. Mr Mellon has
informed the Company that he absolutely and categorically denies that this
allegation has any substance. No evidence was produced against him and no
further proceedings have taken place with no further developments in this
matter since 2010.

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