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EXECUTIVE CHANGES: CPPGroup confident as two more directors depart

Fri, 15th Oct 2021 16:11

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:

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CPPGroup PLC - Leeds-based products and services for financial services and insurance sectors - Mark Hamlin and Timothy Elliott will set down as non-executive directors on November 30. Company will start search immediately to appoint two new independent non-executive directors as soon as possible. Hamlin, who has served on the board since 2016, was promoted to senior independent director only this past March. Last month, Oliver Laird resigned as chief financial officer and board member and will leave on October 31. CPPGroup says it made "good progress" in the third quarter, with its Indian business recovering strongly from the national lock down in April and May. Confident it is trading in line with market expectations for the full year.

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Origin Enterprises PLC - Dublin-based agri-services - Hires Lesley Williams as independent non-executive director, effective immediately. Williams was head of Irish Equities at Investec Bank PLC, part of Investec PLC. She also was head of Irish Market for Euronext Dublin and head of Institutional Equity Sales at Goodbody Stockbrokers. She currently is a non-executive director of ferry operator Irish Continental Group PLC.

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XLMedia PLC - Henley-on-Thames-headquartered marketing firm operating in online gaming, personal finance and sports - Appoints Cedric Boireau as non-executive director, effective immediately. Boireau will represent Premier Investissement, XLMedia's largest shareholder with a 28% holding.

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Landore Resources Ltd - BAM gold project at Junior Lake in Ontario, Canada - Hires Huw Salter as non-executive director, starting immediately. Says Salter is an experienced company director who has held many financial services roles.

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Mobeus Income & Growth VCT PLC - venture capital trust managed by Gresham House Asset Management Ltd - Catherine Wall will step down as non-executive director on December 31, having served since 2014. Wall is chair of the board's Audit committee, and company will recruit a new Audit chair.

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Parsley Box Group PLC - Edinburgh-based ready meals for 'baby boomer' and older demographic - John Swan resigns as director, having announced his retirement back in September.

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Corcel PLC - London-based mineral explorer and developer with interests in battery metals and flexible energy generation & storage - Henry Bellingham joins board as independent non-executive director, as first announced in late September. Bellingham is a director of ADM Energy PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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19 Oct 2022 15:29

DIRECTOR DEALINGS: Vistry CEO invests GBP2.8 million; Asos chair buys

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and not separately reported by Alliance News:

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17 Oct 2022 12:17

ADM Energy raises USD725,000; CEO Osa Okhomina to step down

(Alliance News) - ADM Energy PLC shares jumped on Monday after it said it has raised around GBP725,000 through a subscription and loan, and announced that its Chief Executive Osa Okhomina plans to step down.

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29 Sep 2022 12:17

IN BRIEF: ADM Energy shares down on interim revenue fall

ADM Energy PLC - London-based natural resource investor - Reports a 24% fall in revenue to GBP600,000 for the six months ended June 30, from GBP785,000 a year ago. Pretax loss, however, narrows to GBP834,000 from GBP1.5 million, as administrative expenses fall to GBP897,000 from GBP1.2 million a year ago. Operating expenses decline by 52% to GBP530,000 from GBP1.1 million a year ago.

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12 Aug 2022 12:43

ADM Energy confirms 17th lifting from Aje Field

(Sharecast News) - Natural resources investor ADM Energy announced the completion of the 17th lifting at the Aje Field on Friday, which is part of the OML 113 licence, offshore Nigeria.

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12 Aug 2022 09:47

IN BRIEF: ADM Energy looks to increase Aje production after lifting

ADM Energy PLC - London-based natural resource investor - Completes 17th lifting at the Aje field, which is part of OML 113 licence offshore Nigeria. Notes 94,187 barrels lifted from storage at field, with net share of 8,683 barrels to ADM, which holds a 9.2% profit interest.

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13 Jul 2022 16:12

UK shareholder meetings calendar - next 7 days

Thursday 14 July 
BT Group PLCAGM
Dr Martens PLCAGM
Great Western Mining Corp PLCAGM
Helical PLCAGM
Mind Gym PLCAGM
Personal Assets Trust PLCAGM
Randall & Quilter Investment Holdings LtdAGM
RS Group PLCAGM
Triple Point VCT 2011 PLCAGM
Vietnam Enterprise Investments LtdAGM
Friday 15 July 
Aveva Group PLCAGM
DCC PLCAGM
DP Poland PLCAGM
Griffin Mining LtdAGM
MC Mining PLCGM re subscription
Monday 18 July 
Audioboom Group PLCAGM
JPMorgan European Discovery Trust PLCAGM
Tuesday 19 July 
Biotech Growth Trust PLCAGM
Clean Power Hydrogen PLCAGM
e-Therapeutics PLCAGM
Norcros PLCAGM
Ten Lifestyle Group PLCGE re commitment to sustainability, B Corp certification
Wednesday 20 July 
ADM Energy PLC AGM
Alkemy Capital Investments PLCAGM
DeepVerge PLCAGM
easyJet PLCGM re purchase of 56 Airbus A320neo family aircraft & conversion of 18 A320neo family aircraft
Fidelity China Special Situations PLCAGM
HarbourVest Global Private Equity LtdAGM
HICL Infrastructure PLCAGM
Novacyt SAAGM rescheduled from June 21
Plaza Centers NVAGM
Premier Foods PLCAGM
Royal Mail PLCAGM
Triad Group PLCAGM
Wynnstay Properties PLCAGM & GM re share buyback
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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13 Jul 2022 13:59

IN BRIEF: ADM Energy shares surge as Panoro and PetroNor complete sale

ADM Energy PLC - London-based natural resource investor - Notes Panoro Energy ASA completed the sale of its entire stake in OML 113 to PetroNor E&P Ltd. Says PetroNor bought Panoro's interest with an upfront payment of USD10 million and a contingent payment of USD16.7 million based on future gas production volumes.

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1 Jul 2022 20:05

TRADING UPDATES: Capital wins contracts; 4D pharma pauses enrolment

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and Friday and not separately reported by Alliance News:

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1 Jul 2022 11:25

AIM WINNERS & LOSERS: Itaconix rises on record revenue performance

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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1 Jul 2022 10:01

ADM Energy notes Barracuda legal case delayed till November

(Alliance News) - ADM Energy PLC on Friday said the Federal High Court of Nigeria has further adjourned legal proceedings over its Barracuda oil field until November 16.

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23 Jun 2022 11:02

IN BRIEF: ADM Energy narrows loss in 2021 as revenue doubles

ADM Energy PLC - London-based natural resource investor - Reports lower loss in 2021 as revenue doubles. Pretax loss narrows to GBP2.5 million from GBP6.9 million in 2020. Revenue jumps to GBP1.8 million from GBP799,000 in 2020. Firm does not proposes a dividend, unchanged from 2020. Cites Aje Field in Nigeria as good investment: "2021 was a good year of progress for ADM Energy. It was our first full year since almost doubling our interest in the Aje Field which helped achieve a significant increase in revenues over the previous year," it explains.

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6 May 2022 14:39

IN BRIEF: ADM Energy notes Barracuda legal case delayed till late June

ADM Energy PLC - London-based natural resource investor - Federal High Court of Nigeria further adjourns legal proceedings over its Barracuda oil field until June 30. Back in December, ADM and KOHN (UK) Ltd were granted an interim injunction against Noble Hill-Network Ltd, preventing the company or any associated person from "selling, disposing, divesting or tampering with" KOHN's 70% shareholding interest in NHNL to any third-party investors. NHNL challenged the order, but this was rejected by the court, ADM says.

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30 Mar 2022 20:32

IN BRIEF: ADM Energy notes completed CPR for Barracuda prospect

ADM Energy PLC - London-based natural resource investor - Company and Xodus has completed its Competent Persons Report on the Barracuda prospect in OML141, offshore Nigeria.

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2 Mar 2022 21:16

IN BRIEF: ADM Energy notes Barracuda legal case delayed till early May

ADM Energy PLC - London-based natural resource investor - Federal High Court of Nigeria adjourns legal proceedings over its Barracuda oil field further until May 5.

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21 Jan 2022 10:38

IN BRIEF: ADM Energy raises GBP561,000 through subscription

IN BRIEF: ADM Energy raises GBP561,000 through subscription

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