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- Mentum Inc. formerly Commoditrade Inc: Change of Name and New AIM ticker
18 August 2010
- Final Results
30 April 2010
- Launch of Managed Futures Accounts
23 February 2010
- Pre-Close Trading Update
27 January 2010
- Half Yearly Report
24 September 2009
- Final Results
23 March 2009
- Acquisition of AMCO fund management business - $100m funds under management
01 December 2008
- Interim Results
25 September 2008
- Board Changes - David Phipps appointed Chief Executive
03 September 2008
Commoditrade Inc. (AIM: CMM), the commodities investment company, is pleased to announce that David Phipps has been appointed Chief Executive of the Company with immediate effect.
David Jason Phipps, 44, joined Commoditrade in May 2008, advising the Board on strategy and the development of the business. David has a very successful track record in building and running trading and broking operations in a number of segments in the commodities sector including base metals, energy, natural gas and power, emissions, soft commodities, agricultural and freight. He was latterly Co-Global Head of Commodities at UBS AG and prior to that was head of commodities at ABN AMRO Futures having joined from Merrill Lynch in 1996.
Graham Butt has stepped down as Chief Executive and becomes Non-Executive Deputy Chairman. The Board would like to thank him for his contribution to the development of the Company since stepping into the role of Chief Executive two years ago. In addition, Graham Porter, currently Non-Executive Director, becomes Non-Executive Chairman and Adrian Collins moves from Chairman to Non-Executive Director and Chairman of the Audit Committee.
David Phipps, new Chief Executive, said:
“The first half of the year has been a period of consolidation and reorganisation as we have restructured the operational base of the Company to support a clearly defined strategy for growth. This will not only complement and enhance the existing base metals brokerage and trading operations but enable us to look at developing capabilities in other commodity asset classes. As part of this restructuring we are now clearly delineated into brokerage and strategic trading which we will look to replicate as we broaden our commodity portfolio to build a more diversified platform of revenue streams."
There are no further details required to be disclosed pursuant to Schedule Two, paragraph (g) (i) to (viii) of the AIM Rules.
- Final Results - PBT increases 10.1% to £16.7m and 1.5p dividend proposed
04 April 2008
Profit before tax increase 10.1 per cent and proposed div of 1.5p
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