Sovereign Gold Company Limited
Introduction
- The Panel, Karen Evans-Cullen (sitting President), Karen Phin and Sharon Warburton, made a declaration of unacceptable circumstances in relation to the affairs of Sovereign Gold Company Limited. The application concerned possible associations between persons connected with the current directors of Sovereign Gold. The Panel considered that the current directors of Sovereign Gold are associated with each other and another company (in which they are the sole directors) and contravened s606 and the substantial holder notice provisions.