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EXECUTIVE CHANGES: Location Sciences gets new chair after fundraise

Tue, 25th May 2021 15:10

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

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Location Sciences Group PLC - London-based location verification provider to advertisers - Appoints Simon Wilkinson as non-executive chair and Nigel Burton as senior non-executive director, following a shareholder vote on Friday last week that approved its recent GBP3.5 million fundraise. Kelvin Harrison and Benjamin Chilcott, meanwhile, have stepped down from the board. Wilson was chief executive officer and then chair of software firm Mobica, and previously CEO of Myriad Group AG and Magic4 Ltd. Burton is an investment banker who worked at UBS Warburg, part of UBS Group AG, and Deutsche Bank AG. He currently is a non-executive director of London-listings BlackRock Throgmorton Trust PLC, DeepVerge PLC, eEnergy Group PLC, Mobile Streams PLC and Microsaic Systems PLC, Location Sciences notes. Burton is considered an independent director, and the company intends to appoint a second independent director, and possibly a third. Wilkinson has a 2.9% stake in the company's enlarged share capital and Burton 2.6%.

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Rural Broadband Solutions PLC - Isle of Man-based telecommunications provider - Plans to appoint Chris Stone as non-executive director. Stone is chair of FTSE 250 cybersecurity firm NCC Group PLC and of AIM-listed public sector software provider Idox PLC. He was chair of former AIM listing Cityfibre Infrastructure Holdings until it was sold to private equity in 2018.

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Pathfinder Minerals PLC - Mozambique-focused natural resources explorer - Hires Mark Gasson as independent non-executive director, effective immediately. Gasson is a geologist with 35 years experience in gold and base metals exploration in Africa and South America, Pathfinder says.

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Semper Fortis Esports PLC - Sheffield-based e-sports team owner and technology provider - Hires England and Manchester United footballer Harry Maguire as a brand ambassador. Maguire joins fellow footballer Dominic Calvert-Lewin in the role of brand ambassador. The Everton player's appointment was announced last week. Both will be paid in stock warrants. They will interact with online audiences on behalf of Semper Fortis.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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

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14 Sep 2023 11:54

DeepVerge receives interest for potential sale of business units

(Alliance News) - DeepVerge PLC on Thursday said it has launched a new website and is still mulling the sale of its Labskin and Modern Water business units.

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IN BRIEF: DeepVerge to be removed from trading on AIM on Thursday

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DeepVerge to sell engineering services firm Glanaco to previous owners

(Alliance News) - DeepVerge PLC on Monday said it will sell Cork, Ireland-based Glanaco Ltd to its previous owners Tony Ryan and Michael Fitzgerald.

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DeepVerge Chief Financial Officer Andrew Waters leaves troubled firm

(Alliance News) - DeepVerge PLC on Wednesday said its Chief Financial Officer Andrew Waters has resigned.

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DeepVerge makes all remaining staff redundant amid cash crunch

(Alliance News) - DeepVerge PLC on Wednesday said it has decided to issue all remaining staff with redundancy notices, as it seeks to sell off its business subsidiaries.

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DeepVerge receives interest for potential sale of business units

(Alliance News) - DeepVerge PLC on Wednesday said it has received "several approaches" for the sale of its Modern Water and Labskin business units.

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Deepverge reports 'multiple approaches' from potential suitors

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Microsaic Systems warns of fundraise as DeepVerge invoices unpaid

(Alliance News) - Microsaic Systems PLC's stock price halved on Monday, as the shares of partner DeepVerge PLC were suspended from trading amid a failure to sell operations to raise much-needed funds.

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AIM WINNERS & LOSERS: Premier African plunges on force majeure notice

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LONDON MARKET OPEN: Stocks down after Russia drama; Aston Martin jumps

(Alliance News) - Stock prices in London opened slightly lower on Monday morning, with risk sentiment dented follow an aborted mutiny in Russia at the weekend, which has stoked concerns about stability in the nuclear-armed country.

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

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