SECOND VOTE NO on ALL RESOLUTIONS, page-3

The current IMA ( or OLD IMA ) was signed in June 16 when CTN sold its funds management business - CAML - to a "Poutakidis" SPV. He was the only shareholder and Director He delivered that vehicle to CGA in August 16 for no charge - but gained an advisory fee of $250k. CGA met the cost of his purchase by repaying the loans made to him by Pelican Point to fund the purchase ( all in CGA Prospectus Aug 16 )

The CTN Board at the time was Kerr, Stevens, Ferres, Fowles and Drummond ( a Senior Manager at CGA ). All now gone. The three who caused OC Funds to be appointed - at the EGM in March. Kerr went 7 days before the announcement by George Boubouras of his assignment of IMA to NAOS. A coincidence?
Drummond resigned on the announcement.

In the meantime, ex Pitchers Partner, Fitzpatrick had been appointed.

Two NAOS Directors were appointed on the day Drummond resigned

So the Directors involved in allowing NAOS to be appointed, were presumably Carroll, Poutakidis, and Fitzpatrick. And also, in allowing NAOS to begin the change to the new IMA conditions - BEFORE it can be approved by shareholders next Tuesday. One assumes NAOS appointees would not be involved in these decisions? Too bad if the No vote gets up, and all that change has to be undone
It is all there in the records. DYOR as well