LONDON (Thomson Financial) - ACP Mezzanine Ltd. said Derek Vago and Eric
Youngblood have resigned from the board of the company following a request by
parent company ACP Capital Ltd. on Aug. 1 to remove Vago and Youngblood, as well
as director Christophe Tanghe.
Vago, Youngblood together with Nikolaj Larsen were removed as directors of
investment manager ACP Capital at an EGM on July 17, which had been ultimately
called by QVT Fund LP. and Quintessence Fund LP., who hold 55 million shares in
the company.
However ACP Capital said earlier in August that the former directors had
indicated they would not voluntarily resign from their positions as directors of
various group companies, including ACP Mezzanine.
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