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Pin to quick picksAferian Share News (AFRN)

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Share Price: 5.00
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EXECUTIVE CHANGES: Smiths News hires CFO; Block Energy chair survives

Wed, 11th Aug 2021 14:44

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

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Smiths News PLC - Swindon, England-based newspaper and magazine wholesaler - Hires Paul Baker as chief financial officer, starting October 4. Baker was Integration director at FTSE 100 catering firm Compass Group PLC, working at Compass since 2013 also in finance roles. Baker replaces Tony Grace, who will step down from the board on November 30 and retire as a Smiths News executive on December 31.

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Block Energy PLC - oil and gas development and production company focused on Georgia - Shareholders at a general meeting on Wednesday reject proposals by Forest Nominees Ltd, acting on behalf of GP Jersey Ltd, to remove Chair Philip Dimmock and replace him with Charles Valceschini. Over 60% of votes are against both resolutions.

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Bytes Technology Group PLC - Surrey, England-based software focused on cloud and security products - Hires Erika Schraner as independent non-executive director, starting September 1. Schraner held senior professional services roles at accountants Ernst & Young and PricewaterhouseCoopers, working in Silicon Valley in the US. She is a non-executive director of London listings JTC PLC, a fund services provider, and Aferian PLC, which offers media technology.

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Gulf Investment Fund PLC - invests in companies in Gulf Cooperation Council countries with Qatar Insurance Co as investment adviser - Hires Anderson Whamond as non-executive director, effective immediately. Whamond has 30-years experience in banking and financial services, the fund notes, and currently is non-executive director of Guernsey-based International Stock Exchange Group Ltd.

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InfraStrata PLC - London-based infrastructure projects developer - Hires Jonathon Band as non-executive director, starting at the end of August. Band is a former first sea lord & chief of Naval Staff of the Royal Navy, prior to which he was commander in chief Fleet. Band currently is a non-executive director of cruise operator Carnival PLC.

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Greatland Gold PLC - Havieron gold-copper project in Western Australia - Hires Otto Richter as group mining engineer, starting on Monday next week. Richter was group study manager for Resolute Mining Ltd and mine planning manager at Newcrest Mining Ltd for the Telfer gold mine. Newcrest is Greatland's partner on the Havieron project, which is 45 kilometres east of Tefler.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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8 Dec 2022 17:45

TRADING UPDATES: Anglo Asian touts intercepts; Netcall backs guidance

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

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8 Dec 2022 09:56

Aferian FY results seen in line with previous guidance

(Sharecast News) - Video streaming services company Aferian said on Thursday that full-year group trading was in line with both internal expectations and previous guidance.

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24 Oct 2022 12:09

LONDON MARKET MIDDAY: FTSE 100 fights back to green; pound finds feet

(Alliance News) - The FTSE 100 crept back into the green by midday on Monday, having risen at the open before promptly falling back, as the international-facing index struggled against a stronger pound.

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24 Oct 2022 10:45

AIM WINNERS & LOSERS: Union Jack declares payout; Aferian revenue down

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

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24 Oct 2022 09:58

IN BRIEF: Aferian adjusted operating profit to drop as cash plummets

Aferian PLC - Cambridge-based business-to-business video streaming solutions company - Expects device revenue for financial year 2022 ending November 30 to be 10% lower than expected in June. Notes Amino business experienced delays as customers reduce working capital. However, notes that exit annual recurring revenue and software growth of 15% and 5% respectively is in line with management expectations, but much lower than on a constant currency basis, for which ARR revenue and software growth are estimated at 25% and 15% respectively. Further, notes USD5.5 million one-off charge for costs.

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17 Oct 2022 16:31

TRADING UPDATES: IQE, Trellus Health and Insig sign new agreements

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

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31 Aug 2022 17:43

IN BRIEF: Aferian partners with Swisscom, launches new TV offering

Aferian PLC - business-to-business video streaming solutions company - Signs new partnership with Swisscom Broadcast Ltd and launches FokusOnTV, a new TV-as-a-service streaming offering that enables pay TV operators to improve their time to market and reduce their on-site infrastructure. FokusOnTV will be offered as a pre-integrated solution with Swisscom's premium infrastructure.

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23 Aug 2022 11:19

Aferian confident despite fall in revenue, operating profit

(Sharecast News) - Video streaming technology company Aferian reported a 2% fall in first-half revenue on Tuesday, to $44.5m, due to delays in product shipments amid Covid-related supply chain difficulties.

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23 Aug 2022 10:05

Aferian swings to interim loss but annual recurring revenue grows

(Alliance News) - Aferian PLC on Tuesday said it swung to an interim loss in the most recent financial year, but it still has confidence for the second half.

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16 Aug 2022 15:57

UK earnings, trading statements calendar - next 7 days

Wednesday 17 August 
Balfour Beatty PLCHalf Year Results
Bank of Georgia Group PLCHalf Year Results
Essentra PLCHalf Year Results
Gem Diamonds LtdTrading Statement
Gattaca PLCTrading Statement
Glanbia PLCHalf Year Results
Hochschild Mining PLCHalf Year Results
Kenmare Resources PLCHalf Year Results
Libertine Holdings PLCFull Year Results
Persimmon PLCHalf Year Results
Plus500 LtdHalf Year Results
Riverstone Energy LtdHalf Year Results
Thursday 18 August 
AO World PLCFull Year Results
Capital LtdHalf Year Results
ECO Animal Health Group PLCFull Year Results
Helios Towers PLCHalf Year Results
Intelligent Ultrasound Group PLCHalf Year Results
Marshalls PLCHalf Year Results
Omega Diagnostics Group PLCFull Year Results
Rank Group PLCFull Year Results
Friday 19 August 
Apax Global Alpha LtdHalf Year Results
Kingspan Group PLCHalf Year Results
Newcrest Mining LtdFull Year Results
Monday 22 August 
no events scheduled 
Tuesday 23 August 
Aferian PLCHalf Year Results
John Wood Group PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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21 Jun 2022 22:13

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

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

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14 Jun 2022 14:34

Aferian pleased with progress despite difficulties in China

(Sharecast News) - Video streaming technology company Aferian said in a trading update on Tuesday that it continued to make "strong progress" in improving the quality of earnings and enhancing revenue visibility in its first half.

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14 Jun 2022 13:28

IN BRIEF: Aferian expects flat interim revenue but strategic progress

Aferian PLC - Leeds, England-based video streaming company - Expects to report an exit run rate annual recurring revenue of USD15.8 million in the six months ended May 31. This would represent 16% growth against the USD13.8 million reported the previous year, or 26% growth on a constant currency basis. Software and services revenue is anticipated at USD12 million, an increase of 21% against the previous year's USD9.9 million. Device revenue is expected at USD33 million, down 8% year-on-year. This is a result of shipping and production delays related to Covid-19 lockdown in China. Total interim revenue expected at USD45 million, flat with the USD45.3 million achieved the previous year.

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24 May 2022 21:55

TRADING UPDATES: Audioboom and Epwin make strong starts to the year

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

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5 Apr 2022 21:39

TRADING UPDATES: Alpha FX restarts relationship; Atalaya resources up

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

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