Mr Treadwell, age 41, is currently a Partner in Treadwell Partners LLP and has been closely involved with Caledon for a number of years. He was a founding Partner, in 2000, of Cheyne Capital Management (UK) LLP ("Cheyne"), which was a lead and long-term investor in the Company's issue of Convertible Loan Notes in 2007. He previously spent 6 years at Morgan Stanley as a Portfolio Manager within its Private Client Services Division.

David Treadwell left Cheyne in 2009 to establish Treadwell Partners, which provides services to corporates, brokerages and high net worth individuals. He is also a Director of Lexantha Capital Limited.