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EHGO EXPRESSES CONCERNS ABOUT ARRANGEMENTS MADE BY DEPARTED ICONIC LABS DIRECTORS WITH GREENCASTLE CAPITAL
European High Growth Opportunities Securitization Fund ( EHGO ), an institutional investment company based in Luxembourg, has expressed significant concerns about arrangements made by the departed executive directors of Iconic Labs plc ( Iconic ) with Greencastle Capital ( Greencastle ), a company established by the former Executive Chairman of Iconic, David Sefton.
John Quinlan, Liam Harrington and Sam Asante resigned from Iconic on 31 January 2021, with Iconic also announcing it had received notices of termination of the management service agreements between the company and Greencastle Capital in respect of the JOE Media and TheLondonEconomic businesses.
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