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EXECUTIVE CHANGES: HL CFO to depart; Novacyt hires CEO from Amryt

Thu, 29th Jul 2021 17:10

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

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Hargreaves Lansdown PLC - Bristol-based wealth management platform - Chief Financial Officer Philip Johnson will step down for "personal reasons" after a transition. HL now will search for a successor.

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Pearson PLC - London-based education publisher - Elizabeth Corley will step down as non-executive director after being named the next chair of asset manager Schroders PLC. Corley will join the Schroders board on September 1, at which time she will step down as chair of the Pearson board's Remuneration Committee. Corley will step down from the Pearson board itself before becoming assuming the Schroders chair after the Schroders annual general meeting on April 28, 2022. Until 2016, Corley was chief executive of Allianz Global Investors. She previously was a consulting partner for Merrill Lynch Investment Managers and Coopers & Lybrand.

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Jupiter Fund Management PLC - London-based long-term, active investor - Hires Dale Murray as independent non-executive director, starting September 1. Murray co-founded mobile telecommunications software firm Omega Logic and led the business after its takeover by First Data Corp, before becoming an angel investor in the digital sector.

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Novacyt SA - Surrey-based biotechnology group focused on clinical diagnostics - Hires David Allmond as chief executive officer and director, starting October 18 and replacing Graham Mullis, who will retire after 13 years with the company and a predecessor. Allmond is chief business officer at fellow AIM listing Amryt Pharma PLC.

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Stock Spirits Group PLC - branded spirits and liqueurs in Central and Eastern Europe and Italy - Hires Juliette Stacey as independent non-executive director. Stacey is senior independent director of pub chain Fuller, Smith & Turner PLC and as an executive was chief operating officer, Commercial UK & Europe, for estate agent Savills PLC.

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C&C Group PLC - Dublin-based beer, cider, wine, spirits and soft drinks - Chief Operating Officer Andrea Pozzi will step down from the board on September 1 but will remain with C&C to manage its GB businesses trading under the Tennent's brand. The executive director role of COO will be divided among other executive directors. Meanwhile, Jim Clerkin will step down as non-executive director on October 27 after four years to focus on work responsibilities in the US.

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IQE PLC - Cardiff-based semiconductor wafers and materials - Hires Victoria Hull as non-executive director, starting on Sunday. Hull is senior independent director of FTSE 250-constituent Ultra Electronics Holdings PLC and also is on the boards of Network International Holdings PLC and Alphawave IP Group PLC.

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ADM Energy PLC - investor with producing interests in Nigeria - Hires Oliver Andrews as non-executive chair, starting on Monday next week. Andrews replaces Peter Francis, who will step down from the board on Monday for "personal circumstances". Andrews was chief investment officer at natural resources and infrastructure investor Africa Finance Corp.

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Seplat Energy PLC - Hires Emma FitzGerald as independent non-executive director, starting August 1 and replacing Mark Malloch-Brown. FitzGerald is a former executive at oil major Royal Dutch Shell PLC, power distributor National Grid PLC and water works Severn Trent PLC.

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TR European Growth Trust PLC - Janus Henderson-managed fund that seeks capital growth by investing in smaller and medium sized in Europe outside the UK - Promotes Simona Heidempergher to senior independent director, starting immediately. Heidempergher has been one of the trust's European-based directors since 2014. She is managing director of Merifin Capital and lead independent director of Milan-listed Aquafil Spa.

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Argo Blockchain PLC - London-based cryptocurrency mining - Refreshes board by hiring Colleen Sullivan, Maria Perrella, and Sarah Gow as independent non-executive directors, and adding Alex Appleton as executive director. Meanwhile, Peter Wall will be interim chair as well as CEO until a new chair is found. The new appointments replace Ian Macleod as executive chair and James Savage and Marco D'Attanasio as non-executive directors. Sullivan is CEO of CMT Digital, part of CMT Group, specialising in crypto-asset trading and blockchain technology investments. Perrella was CFO of MDA, a Canadian space mission partner. Gow spent 11 years at Citigroup Asset Management, serving as director of Global Operations in New York and head of Operations in London. Appleton has been Argo Blockchain's finance director since September last year.

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Anglesey Mining PLC - developing Parys Mountain copper-zinc-lead deposit in northern Wales - Hires Jo Battershill as chief executive, starting on Sunday. Battershill has been a broker at Canaccord Genuity Group Inc and UBS Group AG for the past 13 years, ending as head of Sales & Distribution of Australian equities in the Europe, Middle East and Africa region for Canaccord. He previously had worked in mining operations at Western Mining Corp in Australia. Battershill replaces Bill Hooley, who moves to deputy chair, also from Sunday. Speaking to two other "senior minerals industry professionals" to become non-executive directors. Anglesey will hold its AGM on September 30 but its results for the financial year that ended March 31 will be delayed by up to two months in order to complete the audit. Anglesey says it knows of no material issues with the accounts, and the delay is due to the difficulties caused by the Covid-19 pandemic.

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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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