Livermore Investments Group announces board change as director steps down

Published 26/08/2025, 18:02
Livermore Investments Group announces board change as director steps down

LONDON - Livermore Investments Group Limited announced Tuesday that non-executive director Ron Baron has stepped down from the board after serving for over 18 years.

Baron informed the company immediately prior to Tuesday’s Annual General Meeting (AGM) that he would no longer stand for re-election, resulting in the withdrawal of the resolution related to his re-election.

"On behalf of the Board I would like to thank Ron, who is stepping down after over 18 years, and to wish him well in his future endeavours," said Richard B Rosenberg, Chairman of Livermore Investments Group.

The company has begun a search process for a new non-executive director and will provide updates in due course.

All other resolutions put to shareholders at the AGM were passed. These included the approval of the annual report for the year ended December 31, 2024, the remuneration report, and the re-election of Augoustinos Papathomas as director.

Shareholders also approved the re-appointment of Grant Thornton Cyprus as the company’s auditor and authorized the directors to determine the auditor’s remuneration.

Additional approved resolutions included authorizations for directors to allot new ordinary shares, to allot shares as if pre-emption rights did not apply, and to buy back the company’s own shares.

The information was disclosed in a regulatory news service announcement based on a company press release statement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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