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Share Price Information for DiscoverIE (DSCV)

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Share Price: 676.00
Bid: 675.00
Ask: 684.00
Change: -15.00 (-2.17%)
Spread: 9.00 (1.333%)
Open: 683.00
High: 698.00
Low: 674.00
Prev. Close: 691.00
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EXECUTIVE CHANGES: Sureserve taps CEO; City Pub hires burger chain CFO

Thu, 04th Nov 2021 15:15

(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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Sureserve Group PLC - Basildon, Essex-based compliance and energy services, focused on UK public sector - Promotes Peter Smith to chief executive officer from interim chief operating officer & chief financial officer, having joined the company in 2019. Sureserve now will search for a new CFO, with Smith continuing to act as CFO until a replacement is found. Smith was made interim COO when Bob Holt left as executive chair back in March. The company then set out to find a non-executive chair and CEO. Nick Winks was brought in as non-executive chair in May.

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City Pub Group PLC - London-based operator of pubs in southern England and Wales - Hires Holly Elliott as CFO from November 29. Elliott has led the finance function for several food and drink chains. She joins City Pub from Honest Burgers, where she was interim CFO, prior to which she was CFO for fellow burger chain Five Guys and finance director at Caffe Nero. Elliott replaces Tarquin Williams, who steps down as CFO for City Pub, having been in post since 2015.

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Wentworth Resources PLC - natural gas production in Tanzania - Hires Aaron LeBlanc as COO. LeBlanc was COO of London-listed Aminex PLC, which also operates in Tanzania gas.

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discoverIE Group PLC - Guildford-based maker of customised electronics - Hires Rosalind Kainyah as non-executive director, starting January 1. Kainyah runs Kina Advisory, a business consultancy advising on environmental, social and governance performance. Previously, she was vice president for External Affairs & Corporate Social Responsibility at Tullow Oil PLC and president of De Beers Inc, the diamond producer's representative office in the US and part of Anglo American PLC.

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Manx Financial Group PLC - Isle of Man-based financial lender and financial advisor - Promotes Douglas Grant to group CEO, replacing Denham Eke. Grant remains managing director of subsidiary Conister Bank Ltd as well. He had joined Manx Financial in 2008 as group finance director. James Smeed will replace him in that role, as well as joining the group board as an executive director. Smeed will remain financial director of Conister. Eke becomes executive vice chair of the group and non-executive director of Conister and two other subsidiaries, Edgewater Associates Ltd and Manx FX Ltd. John Spellman is named non-executive chair of Edgewater and remains an independent non-executive director of both the group and of Conister. Greg Jones is hired as an independent non-executive director, also of both the group and Conister Bank. Jones retired as head of Tax for KPMG Isle of Man in 2019. Jim Mellon remains executive chair of the group.

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James Cropper PLC - paper products manufacturer based in Cumbria - Hires James Gravestock as managing director of the technical fibre products division and an executive director of the group, starting on November 15 and replacing Martin Thompson. Gravestone most recently was group managing director at safety equipment firm Halma PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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14 Apr 2022 08:51

LONDON MARKET OPEN: Investors await ECB; Wizz Air takes off on demand

(Alliance News) - Europe's blue chip benchmarks were searching for direction at the open on Thursday as investors gear up for the latest European Central Bank rate decision.

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14 Apr 2022 07:51

LONDON MARKET PRE-OPEN: National Grid and discoverIE to beat forecasts

(Alliance News) - Stocks in London are set for a cautious open on Thursday to close out the shortened week as all eyes shift to Frankfurt before the Easter break.

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14 Apr 2022 07:18

DiscoverIE FY underlying earnings expected to beat previous guidance

(Sharecast News) - Electronics manufacturer DiscoverIE said on Thursday that trading in the final two months of the year continued to be strong, with the group now expecting to deliver full-year underlying earnings from continuing operations ahead of previous guidance.

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4 Mar 2022 09:41

IN BRIEF: discoverIE to redeploy funds after completing two disposals

discoverIE Group PLC - Guildford, Surrey-based maker of customised electronics, for sectors such as renewables and transport - Completes sale of electronic component distribution business, Acal BFi, to H2 Equity Partners. The GBP50.0 million deal was first announced in early November. It also notes the sale of Vertec SA to its management team, which was announced in October, completed in January. discoverIE says the proceeds will be used to reduce its debt and to "progress the design and manufacturing growth strategy".

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4 Mar 2022 08:00

LONDON MARKET PRE-OPEN: Hammerson loss narrows; Mitie sees scrutiny

(Alliance News) - Stock prices are seen opening lower on Friday after scares of a nuclear disaster in Ukraine following direct shelling of a nuclear power plant, while a business group has downgraded its expectations for UK economic growth this year.

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25 Feb 2022 11:13

IN BRIEF: discoverIE director buys GBP87,000 in shares

discoverIE Group PLC - FTSE-250 listed maker of customised electronics, for sectors such as renewables and transport - Non-executive Director Bruce Thompson buys 11,000 shares at GBP7.94 each, worth GBP87,340, on Wednesday.

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9 Feb 2022 09:39

discoverIE lifts guidance amid strong trading and record order book

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9 Feb 2022 07:03

DiscoverIE revenues and order book continue to improve

(Sharecast News) - Customised electronics manufacturer DiscoverIE Group said on Wednesday that strong trading momentum seen in the first half had carried over into the four months ended 31 January, with a further strengthening of the firm's order book and significant year-on-year revenue growth.

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(Sharecast News) - Electronic components manufacturer Discoverie said on Tuesday that both revenue and profits had grown in the six months ended 30 September, with the group now trading "well ahead" of pre-Covid levels.

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