Adacel Technologies Limited (ASX: ADA) Share Price and News

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as at 24 Feb 3:44pm

  • Adacel Technologies Limited (ASX: ADA)
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    Adacel Technologies Ltd (ASX:ADA) shares plunged around 40% this morning.

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    Timber! Why the Adacel Ltd share price collapsed today

    The Adacel Technologies Ltd (ASX:ADA) share price has crashed 40% this morning.

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    Results: Why the Adacel Technologies Limited (ASX:ADA) share price is down 7%

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    ADA ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
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    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Silvio Salom Non-Executive Director Jun 2006
    Mr Salom has experience in the strategic and operational management of hi-tech companies with expertise in information technology related to the manufacturing, environmental, defense, transport, multimedia, and telecommunications industry sectors. He is also a member of the Risk Committee.
    Mr Michael Joseph McConnell Non-Executive DirectorNon-Executive Chairman May 2017
    Mr McConnell is Director and private investor who is currently a Non-executive Director of QuikFee, Jacob Stern & Sons Inc. and One-Span, and Non-executive Chairman-US of Thorney Investments Limited. Previously, he was the Managing Director of Shamrock Capital Advisors. In addition, Michael has served on numerous public and private company boards in the United States of America, Australia, New Zealand, Israel, and Ireland. He has experience across a variety of Industries, including media, entertainment, enterprise software, radio broadcasting, cable distribution, basic materials, chemicals, e-commerce, and consumer products. He is also a member of Risk Committee.
    Mr Peter Darren John Landos Non-Executive Director Feb 2009
    Mr Landos is the Chief Operating Officer of the Thorney Investment Group of Companies. Peter has business and corporate experience specializing in advising boards and management in mergers and acquisitions, divestments, business restructurings and capital markets. He is also member of Risk Committee.
    Ms Natalya Jurcheshin Non-Executive Director Oct 2016
    Ms Jurcheshin is the Chair of the Risk Management Committee and the Remuneration Committee. Natalya has finance, governance, operational and strategy skills developed over 25 plus years across Australia, North America, Ukraine, and Russia. She has over 10 years of experience in the audit and assurance practice at Arthur Andersen (now part of Ernst & Young), working with clients in a wide variety of industries. She has 12 years of experience as a Chief Financial Officer including with ASX listed biotech Circadian Technologies Limited. Natalya was appointed non-executive director of ASX listed SECOS Group Limited in May 2023. She has also held directorships with private companies.
    Mr Daniel Verret Chief Executive Officer Jul 2019
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    Ms Sally McDow Company Secretary Aug 2023
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    Daniel Verret Chief Executive Officer
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    Sally McDow Company Secretary
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    Neil Bowles Vice President Air Traffic Management
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    Michael Saunders Vice President Business Development and Strategy
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Thorney Holdings Pty Ltd 25,472,118 34.45%
    Mr Silvio Salom 5,195,191 6.82%
    J P Morgan Nominees Australia Pty Limited 3,979,622 5.22%
    Citicorp Nominees Pty Limited 3,596,352 4.72%
    D & E Smith Superannuation Nominees Pty Ltd 2,225,665 2.92%
    Mr Michael Mcconnell 1,250,000 1.64%
    Gliocas Investments Pty Ltd <Gliocas Growth Fund A/C> 1,082,679 1.42%
    Obena Ridge Pty Ltd 1,062,276 1.39%
    Neweconomy Com Au Nominees Pty Limited <900 Account> 1,000,072 1.31%
    UBS Nominees Pty Ltd 875,000 1.15%
    Coalwell Pty Ltd 796,182 1.05%
    Gracey Family Investments Pty Ltd <Gracey Family Investment A/C> 734,376 0.96%
    Mr David Wallace Smith 726,257 0.95%
    Mr Daniel Verret 719,000 0.94%
    Mast Financial Pty Ltd <A To Z Investment A/C> 682,372 0.90%
    Morgan Stanley Australia Securities (Nominee) Pty Limited <No 1 Account> 633,397 0.83%
    Mr James Douglas Carnegie <James Carnegie Family A/C> 599,564 0.79%
    Westor Asset Management Pty Ltd <Value Partnership A/C> 540,881 0.71%
    Mrs Emma Jane Gracey 505,958 0.66%
    Ian Harriss Super Pty Ltd <Ian Harriss Super A/C> 378,074 0.50%

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