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Share Price: 30.50
Bid: 29.00
Ask: 32.00
Change: 0.00 (0.00%)
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Open: 30.50
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EXECUTIVE CHANGES: Imperial Brands CFO enters; DF Capital chair exits

Wed, 19th May 2021 16:24

(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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Distribution Finance Capital Holdings PLC - Manchester-based bank providing personal savings products and working capital to dealers and manufacturers - John Baines resigns as non-executive chair and as a director, effective immediately, having served as chair since July 2017. Senior Independent Director Mark Stephens is appointed interim non-executive chair while a search for a new chair is conducted. Stephens notes that Baines led DF Capital through its initial public offering and the securing of a UK banking license in 2020. DF Capital held its annual general meeting on Wednesday. Resolutions allowing directors to allot shares and granting authority to disapply pre-emption rights in share issues both received 54% support from shareholders. The former resolution passed, as it required only a majority, while the latter failed, as it required 75% support. DF Capital says it will consult with shareholders about the reasons for both votes.

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Imperial Brands PLC - Bristol-headquartered tobacco products - Confirms that Lukas Paravicini starts on Wednesday as chief financial officer, replacing Oliver Tant. Paravicini was CFO of agricultural commodities merchant ED&F Man Holdings Ltd. He originally was supposed to start in August, but Imperial Brands last month said his starting date had been moved up.

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Abcam PLC - Cambridge, England-based life science research reagents and tools - Senior Independent Director Louise Patten retires. Giles Kerr, on the board since 2018, is promoted to senior independent director.

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Alpha FX Group PLC - London-based foreign exchange risk management and international payments - Hires Vijay Thakrar as independent non-executive director, effective immediately. Thakrar, an accountant who was a partner at EY and Deloitte, sits on the board of London listings Alumasc Group PLC, Sanderson Design Group PLC and Treatt PLC.

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Redx Pharma PLC - Macclesfield, England-based discovery of treatments for cancer and fibrotic disease - Hires Natalie Berner as non-executive director, starting immediately. Berner is managing director for Therapeutics at venture capital and private equity firm Redmile Group LLC.

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Intelligent Ultrasound Group PLC - Cardiff, Wales-based artificial intelligence tools for diagnostic medical ultrasounds - Hires Ingeborg Oie as non-executive director. Oie is CFO of surgical robotics firm CMR Surgical. Prior to that, she was a medical devices and healthcare services analyst at Goldman Sachs Group Inc and Jefferies Financial Group Inc. Oie is a non-executive director of Georgia Healthcare, part of London-listed Georgia Capital PLC.

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Tasty PLC - London-based casual dining restaurant chains dim t and Wildwood - Hires Harald Samuelsson as independent non-executive director, starting immediately. Samuelsson was joint managing director of the Cote and Bill's restaurant chains in the UK.

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Sportech PLC - Edinburgh-based betting technology - Chris Rigg steps down as non-executive director from May 31, having joined the board in January 2019.

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Iconic Labs PLC - London-based media and technology company - Hires Christoph Manthe as non-executive director, effective immediately. Says Manthe has long experience in fund raising, financing, and real estate investing.

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Airea PLC - West Yorkshire-based floor coverings manufacturer - Hires Ryan Thomas as finance director and company secretary, starting June 11 and replacing Paul Stevenson, whom Airea previously said was stepping down. Thomas was the finance director of the European division of Eco-Bat Technologies Ltd, a producer and recycler of lead.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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17 Aug 2018 10:24

WINNERS & LOSERS SUMMARY: KAZ And Kingfisher Slip On Broker Changes

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - down 2.3%. The home improvement retailer, which

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17 Aug 2018 08:45

Airea Shares Jump 19% On Higher Interim Profit And Revenue

LONDON (Alliance News) - Airea PLC said Friday its profit and revenue for the first-half of the financial year increased after it closed its loss-making carpets business.Shares in the were

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17 Aug 2018 08:09

Airea flying as overseas flooring sales soar

(Sharecast News) - Commercial flooring firm Airea saw its shares rocket on Friday after it reported an increase in first-half revenues after new product launches boosted the company's sales and orders.

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2 Jul 2018 16:41

Airea Hires Former Caldero CFO Paul Stevenson As Finance Director

LONDON (Alliance News) - Airea PLC on Monday said it appointed Paul Stevenson as finance director.The flooring company said Stevenson has previously served as finance head at telecom firm

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22 May 2018 17:55

James Halstead Pulls Out Of Discussions To Acquire Airea

LONDON (Alliance News) - James Halstead PLC said on Tuesday it does not intend to make an offer for specialist flooring firm Airea PLC.This concludes the series of discussions between the a

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2 May 2018 16:03

Deadline For James Halstead To Make Airea Plans Known Pushed Back

LONDON (Alliance News) - Specialist flooring firm Airea PLC on Wednesday said the deadline for James Halstead PLC to make its offer intentions clear has been pushed back 21 days.The for to

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4 Apr 2018 17:33

James Halstead Confirms Possible Offer For Flooring Firm Airea

LONDON (Alliance News) - Flooring company James Halstead PLC said Wednesday it is "at the very early stages" of evaluating a possible offer for specialist flooring

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21 Mar 2018 10:17

Airea Declares Special Payout, Buyback As It Sells Loss-Making Arm

LONDON (Alliance News) - Airea PLC shares jumped on Wednesday as it declared both a special dividend and a share buyback, as it attempts the sale of its loss-making carpets up

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20 Mar 2018 16:50

Airea To Close Loss Making Retail Business, 50 Jobs Affected

LONDON (Alliance News) - UK floorcoverings manufacturer Airea PLC on Tuesday said that it will close its retail carpets business, Ryalux Carpets Ltd, due

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18 Oct 2016 16:44

REPEAT: DIRECTOR DEALINGS: Airea Finance Director Sells And Purchases Shares

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18 Oct 2016 16:43

DIRECTOR DEALINGS:

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8 Sep 2016 09:04

Airea's shares soar as profit increases

(ShareCast News) - Shares in Airea soared by nearly 40% on Thursday as the designer flooring company reported a significant increase in profits and dividend thanks to growing UK contract sales. Operating profit for the year ended 30 June increased by 86% to £2m compared to same period last year, due

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26 Feb 2016 15:12

Airea keeps earnings intact amid tough trading

(ShareCast News) - Flooring specialist Airea reported tough trading in its interim results on Friday, though it did manage to keep its earnings intact. The AIM-traded company reported revenue of £12.7m for the period, down from 2014's restated figure of £13.4m. Operating profit before exceptional i

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26 Feb 2016 09:03

Airea Profit Up On Pension Credit But Revenue Dips On Currencies

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21 Jan 2016 09:11

Flooring Maker Airea Says Earnings Flat In Half On Restructuring Costs

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