Arecor Therape Share News (AREC)

(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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Gresham House Strategic PLC - Largest shareholder Gresham House PLC withdraws requisition notice for general meeting issued last month, following discussions. Gresham House, a 23% shareholder, had wanted the immediate removal of David Potter as chair, rather than at GHS's annual general meeting, then scheduled for September. The AGM now will brought forward and held no later than July 26, at which Potter will retire. GHS is seeking a new chair, but if one is not found by the time of the AGM, then Non-Executive Director Helen Sinclair will act as interim chair. Senior Independent Director Ken Lever will lead a strategy review "with a view to determining the best means of maximising value for all shareholders". Also appoints Graham Bird as a non-independent non-executive director, effective immediately. Bird is chief financial officer of escape room chain Escape Hunt PLC and had previously been fund manager of GHS as an employee of Gresham House Asset Management Ltd.

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Kosmos Energy Ltd - oil and gas exploration and production along Atlantic Margins, including offshore Ghana and Equatorial Guinea and in the US Gulf of Mexico - Roy Franklin joins board from Wednesday. Franklin is chair of FTSE 250 energy services company John Wood Group PLC. He started his career at BP PLC and was chair of Premier Oil PLC until it was acquired by Chrysaor Holdings Ltd and relisted in London as Harbour Energy PLC.

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UniVision Engineering Ltd - Hong Kong-based supply, design, installation and maintenance of closed circuit television and surveillance systems - Edward Li resigns as director and will leave company "by mutual agreement" on July 1. Li was promoted to executive director only in June of last year. He was senior project manager for Univision's contract with the Hong Kong metro system and became projects director. UniVision is looking for a replacement.

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Arecor Therapeutics PLC - Saffron Walden, England-based biopharmaceuticals - Hires Lindsey Foulkes as chief operating officer. Foulkes was a consultant at McKinsey & Co and most recently was senior director of Business Development at Nasdaq-listed Liminal Biosciences Inc. Arecor debuted on AIM last week.

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Love Hemp Group PLC - London-based cannabidiol products maker - Hires James Martin as COO, effective immediately, charged with managing the company's growth strategy. Notes Martin has worked for Royal Dutch Shell PLC, Vodafone Group PLC, GlaxoSmithKline PLC, and accountants PwC. Also hires Anna Legge as chief communications officer and Martin Healy as chief growth officer. Legge was director of Communications at London-listed miner SolGold PLC. Love Hemp says Healy, previously head of Advertising Sales & Partnerships at Walt Disney Co, will work on international growth and commercial relationships, allowing Chief Commercial Officer Adam Pritchard to focus on the UK.

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Celtic PLC - Glasgow football club - Hires Ange Postecoglou as the club's first team manager, starting immediately. Postecoglou, a former manager of the Australian national team, replaces Neil Lennon, who resigned in February after Celtic failed to secure a record 10th consecutive Scottish Premiership title.

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BMO Managed Portfolio Trust PLC - invests in underlying investment companies for diversification - Hires Simon Longfellow as non-executive director, starting July 14. Longfellow was head of Investment Trust Marketing at Janus Henderson Investors.

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AEX Gold Inc - miner in Greenland - Line Frederiksen and David Neuhauser join board as non-executive directors following vote at AGM on Wednesday. Frederiksen is chief financial officer for Greenland-based telecom services provider Tele Greenland AS. Neuhauser is founder & managing director of hedge fund Livermore Partners in Chicago, a 6.0% shareholder in AEX Gold.

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Amati AIM VCT PLC - venture capital trust - Confirms Fiona Wollocombe as non-executive director, starting Thursday. Says Wollocombe has "extensive knowledge and experience in the VCT industry". Wollocombe is chair designate of Kings Arms Yard VCT PLC, Amati notes. As an executive, she worked in equity capital markets at NatWest Markets, part of NatWest Group PLC, and Deutsche Bank AG.

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N Brown Group PLC - Manchester-based online retailer - Confirms the appointment of Dominic Platt as independent non-executive director, starting immediately. Platt is CFO of BGL Group, a distributor of insurance and household financial services, having previously been finance director and managing director of international business at electricals retailer Darty PLC.

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Law Debenture Corp PLC - London-based investor and provider of pension and trust services - Hires Clare Askem as non-executive director, effective immediately. Askem also is non-executive director of homewares maker Portmeirion Group PLC and of Studio Retail Group PLC. Askem was managing director of Habitat at J Sainsbury PLC and also was an executive at Home Retail Group and Dixons Carphone PLC.

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Treatt PLC - Bury St Edmunds, Suffolk-based ingredients for food, beverage and fragrance - Non-Executive Director Richard Illek to step down from board on December 31, having served since June 2016.

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By Tom Waite; thomaslwaite@alliancenews.com

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