Latest news
| 16-4-2008
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MCC Global 2007 Audited Accounts to be Released
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Amsterdam, 16 April 2008. MCC Global NV (the "Company") (ticker: IFQ2) announced today that the Company expects a delay in the publication of its audited accounts for the year ended 31 December 2007, which the Company expects to make available to the public by 15 July 2008.
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| 24-3-2008
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MCC Global Announces Launch of New Fund
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MCC Global N.V. ("MCC" or the "Company")(IFQ2),
the global private equity investment and advisory
company, today announced the launch of a new fund,
MCC Global Emerging Growth Fund, L.P. hereafter
the "Fund"). The Fund seeks to build on MCC's
successful track record of originating, developing,
and profitably exiting investments in emerging
growth companies around the world. The Fund was
established at the request of certain Independent
Financial Advisors (IFAs) in the United Kingdom
and their high net worth clients who have previously
worked with MCC and are concerned by the current
poor performance of the world's major financial
markets, the stability of real estate values,
and uncertainty over the future price of precious
metals.
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| 3-3-2008
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Interview between DellarueAssets and Tony Moore,
Chairman of the Board of MCC Global NV |
Dellarue: Mr. Moore, in 1999
you have founded together with Sharon Clayton
successfully the private equity bank, MCC Global.
What is the main competence of MCC Global? And
which scope of business has developed since that
time especially well?
Tony Moore: MCC Global’s
main competence is advising, investing in and
building microcap (up to $100 million in value)
companies. We specialize by industry and have
experience and expertise in alternative energy,
healthcare, media, hospitality/sports & leisure
and real estate. We offer investors in our deals
the opportunity to obtain high financial returns
while we focus on removing as much of the risks
associated with such investments. We do this on
a global basis so that we can take advantage of
different geographic markets. Finally we also
manage funds invested in growth companies. For
example, Moore Clayton Capital Advisors (MCCA)
is investment advisor to Equus Total Return Inc..
a New York Stock Exchange listed fund that has
performed well since we took over the advisory
role in 2005 (www.equuscap.com). MCC Global is
a global private equity company (very similar
to the old style merchant banks) specializing
in emerging companies.
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| 18-2-2008
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MCC Global Announces Material Increase
in Fund Management Income and Equity Holdings
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MCC Global N.V. (“MCC” or the “Company”)(IFQ2),
the global private equity investment and advisory
company, today announced a material increase in
2008 fund management income and unrealized capital
gains from its holdings in, and management of,
Equus Total Return, Inc. (NYSE: EQS), a New York
Stock Exchange listed closed-end fund (“Equus”).
Moore Clayton Capital Advisors, Inc., a wholly-owned
subsidiary of the Company, has been the sole investment
advisor to Equus since June 2005.
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| 08-2-2008
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MCC Global NV
EGM Result and Trading Statement
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MCC Global NV (“MCC” or the “Company”)
(FRANKFURT: IFQ2), the global private equity investment
and advisory company, today announced the results
of the Extraordinary General Meeting of the shareholders
held by the Company in Amsterdam on 8 February
2008. At the meeting, the shareholders approved
the 2006 annual accounts of the Company and other
Company business, including:
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| 24-1-2008
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Announcement of Extraordinary General Meeting
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Amsterdam, 24 January 2008. MCC Global NV (the
“Company”) (ticker: IFQ2) announced
today that an Extraordinary General Meeting of
its shareholders will he held on 8 February 2008
at the Hilton Schipol in Amsterdam at 10:00 A.M.
CET.
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| 03-12-2007
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MCC Global Accounts to be Released
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3 December, 2007. MCC Global N.V. ("MCC Global" or the "Company")(Frankfurt: IFQ2), the global private equity investment and
advisory company, today announced that there will be a short delay in publishing the 2006 annual report. This unexpected delay
is due, among other reasons, to the recent change of the Company's Chief Financial Officer. The Supervisory Board would wish to
apologize to shareholders for this delay. A full trading update will be given when the results are published. As will be seen
from various recent press releases of these past few months, MCC Global continues to make progress.
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| 28-11-2007
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MCC Global Announces Changes in Supervisory Board
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Amsterdam, 28 November 2007. MCC Global NV (the 'Company') (ticker: IFQ2) announced today that it has received the resignation
of Charles Balfour, a member of the Company's Supervisory Board. Mr. Balfour was appointed to the Supervisory Board on 24 May
2006. Mr. Balfour came to MCC Global with extensive directorship experience, which was of great value to the Company during its
listing on the Frankfurt Stock Exchange and the several months following. The Company is in serious discussions with several
qualified candidates to serve as an additional Supervisory Director in Mr. Balfour's stead, which will be approved at the
Company's upcoming Extraordinary General Meeting.
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| 21-11-2007
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MCC Global Benefits from Recent Dividend Announcement by Equus Total Return
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21 November 2007. MCC Global N.V. ("MCC Global" or the "Company")(Frankfurt: IFQ2), the global private equity investment and advisory Company, owns 1,273,252 shares of common stock of Equus Total Return Inc. (the "Fund"), being 15.3% of the Fund's outstanding shares. Equus Total Return is a New York Stock Exchange listed closed fund, and MCC Global, as its largest shareholder, has received more than $5.1 million in dividends since Moore Clayton Capital Advisors ("MCCA"), a wholly owned subsidiary of MCC Global, took over as investment advisor of the Fund in June 2005. Since its appointment as adviser to the Fund MCCA has earned more than $7,800,000 in fees from the Fund, being management fees of over $2,000,000 annually and a further $3,800,000 in incentive fees from the disposition of portfolio holdings of the Fund at a value greater than when MCCA was appointed investment adviser.
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| 20-11-2007
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MCC Global Announces Changes in Supervisory Board
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Amsterdam, 20 November 2007. MCC Global NV (the "Company") (ticker: IFQ2) announced today that
it has received the resignation of George Warren, a member of the Company's Supervisory Board.
Mr. Warren was appointed to the Supervisory Board on 24 May 2006.
George played an important role in the lead up
to and listing of MCC global on the Frankfurt
Stock Exchange. His deep knowledge of the financial
services sector as well as his international experience
were of great benefit to the Supervisory Board
and MCC Global management team. We would like
to thank him most sincerely for his commitment
and contribution.
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| 05-11-2007
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MCC Global Compiles Summary of Investment Holdings as of November 2007
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5 November 2007. MCC Global N.V. ("MCC Global" or the "Company")(Frankfurt: IFQ2), the global private equity investment and advisory company, has recently compiled a consolidated summary of its direct holdings and holdings of its subsidiaries. Certain of these direct holdings are described in the Company's prospectus which was approved by the Netherlands Authority for the Financial Markets on 26 April 2007. Other holdings, which consist of minority interests, control positions in private enterprises, and joint venture interests, are held indirectly by the Company's subsidiaries or have been acquired subsequent to the date of the prospectus. The Management Board of the Company estimates that the value of these holdings to be approximately $35 million.
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| 30-10-2007
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MCC Global Announces Completion of Pre-IPO Fundraise for ZeroWaste
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MCC Global N.V. ("MCC Global") (Frankfurt: IFQ2), the global private equity investment and advisory firm,
announced today that it has completed a pre-IPO fundraise for its client, ZeroWaste Renewable Energy Plc
("ZeroWaste"), a major innovator in refuse-derived fuel production. The pre-IPO offering was over-subscribed.
MCC Global now plans to assist ZeroWaste with its public listing on AIM, the Alternative Investment Market
of the London Stock Exchange.
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| 25-10-2007
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MCC Global appoints Ethan Weyand Chief Financial Officer
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Amsterdam, 25 October 2007. MCC Global NV (the "Company") (ticker: IFQ2) announced today that Ethan Weyand has been
appointed as the new Chief Financial Officer of the Company. Mr. Weyand succeeds Richard Meek, who was appointed as
the CFO in May 2006. Mr. Meek will remain a consultant to the Company to assist on various accounting and financial
issues during a transition period to be mutually determined.
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| 16-10-2007
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MCC Global Announces Signing of Joint Venture Agreement with the Bahrain International Circuit
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16th October, 2007. MCC Global N.V. ("MCC Global" or the "Company")(Frankfurt: IFQ2), the global private equity
investment and advisory company, today announces that MCC Project Partners, LLC, a minority-owned subsidiary ("MCCPP"),
has signed a joint venture agreement with the Bahrain International Circuit SPC ("BIC"), home to the Formula One Gulf
Air Bahrain Grand Prix.
MCCPP developed the business plan and the master plan to create the Bahrain Centre of Excellence ("BCOE")--a world-class
centre of engineering excellence in the Automotive, Motor Sport and Alternative Energy sectors--on the 450 acres
surrounding the Bahrain F1 race track. As part of the joint venture, MCCPP will develop and operate BCOE and its subsidiary
companies in partnership with the BIC.
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| 02-10-2007
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MCC Global Announces Closing and Funding of Substantial US Advisory Transaction
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MCC Global N.V. ("MCC Global" or the "Company")(Frankfurt: IFQ2), the global private equity
investment and advisory company, announced today that Ability Resources, Inc., a US-based healthcare reinsurance
provider and client of MCC Global, has closed and funded a $300 million financing commitment. This financing
represents the largest completed capital raise for an MCC Global client in the Company's history. MCC Global has
received a substantial cash fee in connection with the transaction.
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18-09-2007
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MCC Global Extends Maturity of Long-Term Investment Notes
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MCC Global N.V., the global private equity investment and advisory company, announced today that, subject to definitive documentation, it has reached an agreement in principle with Elliott Advisors, L.P., a holder of long-term investment notes issued by the Company in the principal amount of $15.1 million, to extend the maturities of these notes to 29 February 2009. The extension of the maturity dates and associated conditions is in lieu of refinancing which was previously announced by the Company on 2 July 2007.
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02-07-2007
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Press Release: MCC Global Signs Letter of Intent to Refinance Investment Debt
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MCC today announced it has signed a Letter of Intent with a large multinational private equity and corporate credit provider to refinance all of the
investment notes that the Company issued during 2005 in connection with its acquisition of the fund manager for Equus Total Return, Inc. The transaction, which is subject to further due diligence and definitive legal documentation, is expected to close within the next six weeks.
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26-06-2007
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Tony Moore, Chairman of the MCC Global Supervisory Board comments during the AGM
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"I am pleased to report that despite the protracted completion of the reverse take-over of IFEX, the Company is now making good progress across its three business areas serving emerging and established companies: Advisory, Corporate Finance and Fund Management.
"In Advisory, we have expanded the number of vertical markets we now operate in with the creation of MCC Fashion and Beauty. Likewise, we are currently seeing strong opportunities for advising new ventures in the Gulf States Region. In Corporate Finance, following the successful IPO of ValiRx onto the UK AIM market in October 06, we now have a series of further exits in play. Whilst in our Fund Management division, Equus continues to perform well following the reappointment of the Company as its Investment Adviser in May 2007. In addition, plans are now being advanced for the creation of further funds where our expertise in the early stage arena can be brought into play from the investment management perspective...........
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26-06-2007
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Shareholders have approved an extension to the date of the annual report and accounts 2006
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MCC Global NV announced today that the Company's shareholders have approved an extension to the date of the presentation of the annual report and accounts to 30 November 2007, although the Company expects to present such annual report and accounts in September. The extension was granted due to the substantial delay in obtaining approval from the Netherlands Authority for the Financial Markets for the prospectus issued in connection with the acquisition of Moore, Clayton & Co., Inc. which completed on 25 April 2007.
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14-06-2007
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MCC Global Engaged by ZeroWaste for Advisory Services
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MCC Global N.V. ("MCC Global")(IFQ2), the global private equity merchant bank, today announces their engagement by ZeroWaste Systems Limited ("ZeroWaste"), a major innovator in refuse-derived fuel production, to provide strategic consulting and financial advisory services.
MCC is pursuing business opportunities for ZeroWaste in Germany, and will be advising ZeroWaste on its pursuit of a Frankfurt Exchange listing and an AIM listing for 2007.
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13-06-2007
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First Berlin Research Report on MCC Global
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OUTLOOK AND NEWS FLOW
Based on its business network and groundwork laid in previous years, MCC has notified us that it plans to undertake several more investments in former client companies and business partners. In addition we have received new 2007 guidance from MCC management. Revenue is expected to come in at €11m and EBIT at €1.3m. These numbers are slightly above our previous forecasts of €10m revenue and EBIT of -€0.15m. Management tell us they expect to execute or initiate several new projects this year in addition to the trade sale of the UK-based software house. The company has already publicly announced a €300m capital increase for the American long-term care disability reinsurance provider, Ability Resources, Inc. MCC is also drawing up a business plan for the Bahrain Centre of Excellence (BCOE) for the development of the real estate adjacent to the Bahrain International Circuit.
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08-06-2007
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Notice of the 2007 Annual General Meeting of Shareholders of MCC Global NV
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Shareholders and other persons entitled to attend General Meetings of Shareholders of MCC Global NV (the "Company") are invited to the Annual General Meeting of Shareholders of the Company (the "AGM") to be held at the Hilton Amsterdam Airport Schiphol hotel, Schiphol Boulevard 701, the Netherlands at 14:00 CEST on Monday 25th June 2007. Registration will take place between 13:00 CEST and 13:45 CEST.
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21-05-2007
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Bridgetech ains access to Financial and Scientific Markets in EU retains MCC Global as Advisor
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Bridgetech Holdings International Inc. (OTCBB: BGTH.PK), a company focused on maximizing the potential of emerging healthcare products and services in the U.S. and Asian markets, today announced that it has retained the services of MCC Global NV, a global strategic consulting and private equity firm with offices worldwide. The relationship provides Bridgetech significant access to additional financial and scientific resources in Europe.
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25-04-2007
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Press Release Completion of acquisition of MCC
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MCC Global NV (formerly known as Ifex Innovation Finance & Equity Exchange NV) announced today that it has completed the acquisition of Moore, Clayton & Co., Inc. , a global private equity merchant bank. As a result of the Acquisition, MCC is now a wholly-owned subsidiary of MCC Global and the former shareholders of MCC now collectively hold a majority of the outstanding shares of MCC Global.
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20-04-2007
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Ad Hoc Ifex Changes Name to MCC Global NV; Change in Nominal Value / Share; Issuance of New Shares
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Ad Hoc: IFEX Innovation Finance & Equity Exchange NV (the "Company") (ticker: IFQ1) announced today that its name has been changed to "MCC Global NV" and its nominal value per ordinary share has been changed from EUR 0.10 to EUR 0.03. The change of corporate name and nominal value is part of a series of events which will result in the closing of the acquisition of Moore, Clayton & Co., Inc. by the Company (the “Acquisition”).
The change in nominal value will not affect the number of shares issued.
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16-04-2007
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Ad Hoc IFEX Files Listing Application and Further Extends Long-Stop Date for Completing Acquisition
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IFEX announced today that it has received all required approvals from the Netherlands Authority for the Financial Markets and has now filed an
application with the Frankfurt Stock Exchange to list shares as described in IFEX's prospectus and as part of its acquisition ("Acquisition") of Moore, Clayton & Co., Inc.
("MCC"). Listing of the shares is expected to occur shortly, which will fulfill the remaining condition to completing the Acquisition of MCC pursuant to the terms of the
Sale and Purchase Agreement ("SPA") entered into by IFEX and the shareholders of MCC on 22 August 2006.
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28-02-2007
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Ad Hoc AFM Approves Prospectus for Acquisition of MCC
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IFEX Innovation Finance & Equity Exchange NV announced today that the Netherlands Authority for the Financial Markets has approved the Company's prospectus submitted in connection with the acquisition of Moore, Clayton & Co., Inc.
Approval of the prospectus and listing of the shares issued in connection with the Acquisition is the last condition remaining to complete the transaction, and the Company will now proceed to have these shares listed on the Geregelter Markt of the Frankfurt Stock Exchange. Upon listing of these shares, the name of the Company will be changed from IFEX to "MCC Global NV."
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20-12-2006
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Press Release Ifex Completes Fundraise for Acquisition of MCC
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IFEX announced today that it has received binding subscriptions for €10 million of its debt and equity securities from various institutional and individual purchasers. The Placement is one of two principal conditions to complete the acquisition of Moore, Clayton & Co., Inc. The second condition is the listing of the shares issued by IFEX in connection with the Acquisition on the Geregelter Markt of the Frankfurt Stock Exchange. To this end, the Company has submitted a revised prospectus to the Netherlands Authority for the Financial Markets and is seeking to publish the prospectus within the week following the date of this announcement.
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25-10-2006
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Interview with Ken Denos
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The Borsen Zeitung of October 26 published an interview with MCC-CEO Ken Denos.
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