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Pin to quick picksEthernity Net Share News (ENET)

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UK EXECUTIVE CHANGE SUMMARY: InnovaDerma Hires Blake Hughes As New CEO

Wed, 18th Nov 2020 15:42

(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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InnovaDerma PLC - London-based developer of beauty, personal care and life science products - Hires Blake Hughes as chief executive officer, effective immediately. Hughes replaces Interim CEO Joe Bayer, who will remain as executive chair and then revert to non-executive chair after a transition. Hughes, who will be based in the UK, was CEO of hair care range Philip Kingsley. Prior to that, he was managing director for Europe & Africa at skin care brand Murad.

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Solid State PLC - Redditch, England-based electronics for industrial and military markets - Promotes Nigel Rogers from non-executive director to non-executive chair, effective immediately. Rogers replaces Interim Chair Peter Haining, who reverts to non-executive director. Also recruits Peter Magowan as an independent non-executive director from January 1. Magowan is a former board member of computer chip designer ARM Holdings and was an executive at fund manager Fidelity International Ltd.

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Ethernity Networks Ltd - Lod, Israel-based network processing technology supplier - Graham Woolfman resigns as chair and board director, leaving by the end of the year "to concentrate on his other business interests". CEO David Levi will be interim executive chair until a replacement is found.

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W Resources PLC - tungsten, tin and gold mining in Spain and Portugal - Pablo Neira moves from non-executive director to executive director to oversee the La Parrilla tungsten and tin project in Spain as managing director. He joined the W Resources board back in September 2018. Also hires Paul Hailes as chief financial officer. Has was finance director for AIM-listed Immunodiagnostic Systems Holdings PLC.

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Alumasc Group PLC - Northamptonshire, England-based building products - David Armfield resigns after six years as non-executive director "due to pressure from other commitments", effective from December 31.

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Montanaro UK Smaller Companies Investment Trust PLC - Hires Barbara Powley as a non-executive director, effective immediately. Powley also is a non-executive director of M&G Credit Income Investment Trust PLC. Powley worked in the closed end funds teams at Fidelity and then BlackRock from 1996 until retiring in 2018.

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Benchmark Holdings PLC - Sheffield, England-based aquaculture genetics and nutrition - Hugo Wahnish to resign as non-executive director from February 9, after just over three years in post.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

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19 Apr 2024 10:32

AIM WINNERS & LOSERS: Ethernity loss narrows; Fonix staff sell shares

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

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19 Apr 2024 09:17

Ethernity Networks shares jump on annual revenue boost

(Alliance News) - Ethernity Networks Ltd on Friday reported a significant increase in its annual revenue, resulting in a narrowed loss for the company in 2023.

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9 Apr 2024 16:14

UK shareholder meetings calendar - next 7 days

Wednesday 10 April 
Valereum PLCAGM
Wincanton PLCGM re takeover by GXO Logistics Inc
Thursday 11 April 
AstraZeneca PLCAGM
Friday 12 April 
SigmaRoc PLCAGM
Monday 15 April 
C4X Discovery Holdings PLCGM re re-registering as private limited company
i3 Energy PLCGM re proposed capital reduction
Molecular Energies PLCGM re delisting
Vanquis Banking Group PLCAGM
Tuesday 16 April 
Everyman Media Group PLCAGM
Ethernity Networks LtdGM
Hydro Hotel Eastbourne PLCAGM
Nexteq PLCAGM
Nexus Infrastructure PLCGM re final dividend, reappointment of auditors
Porvair PLCAGM 
Tullow Oil PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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2 Apr 2024 13:22

UK shareholder meetings calendar - next 7 days

Wednesday 3 April 
Downing Strategic Micro-Cap Investment Trust PLCGM re approval of B share scheme
Quantum Exponential Group PLCGM re delisting or potential investment in company
Thursday 4 April 
Rio Tinto PLCAGM
Scottish American Investment Co PLCAGM
TheWorks.co.uk PLCGM re Main Market delisting and AIM admission
Friday 5 April 
Faron Pharmaceuticals LtdAGM
VPC Specialty Lending Investments PLCGM re capital return via B share scheme
Monday 8 April 
Premier African Minerals LtdAGM
Tuesday 9 April 
Ethernity Networks LtdEGM re board appointments and option grants
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
28 Mar 2024 13:44

EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost

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

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28 Mar 2024 13:27

Ethernity reports positive discussions with potential customers

(Sharecast News) - Networking processing semiconductor technology specialist Ethernity Networks said in an update on Thursday that, throughout the year to date, it had engaged positively with several potential new customers, including two OEM vendors.

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8 Mar 2024 13:55

EXECUTIVE CHANGES: Ethernity chair stays on, Picton director to quit

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

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8 Mar 2024 10:16

Yosi Albagli to continue as Ethernity Networks chairman

(Sharecast News) - Data processing and networking semiconductor technology specialist Ethernity Networks announced the continuation of Joseph 'Yosi' Albagli's tenure as its non-executive chairman on Friday, following the conclusion of his initial three-year term.

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14 Feb 2024 11:12

Ethernity Networks shares edge up as Ayala Deutsch promoted to CFO

(Alliance News) - Ethernity Networks Ltd on Wednesday said it has promoted its finance vice president, Ayala Deutsch, as chief financial officer, following the resignation of Mark Reichenberg in the summer.

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14 Feb 2024 09:10

Ethernity Networks names Ayala Deutsch as CFO

(Sharecast News) - Data processing semiconductor technology supplier Ethernity Networks has appointed Ayala Deutsch to the board as the company's new chief financial officer.

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5 Feb 2024 20:23

TRADING UPDATES: ReNeuron warns; Gama Aviation pledges cash return

(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 Jan 2024 18:28

EARNINGS AND TRADING: STV raises holding in Two Cities Television

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

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11 Jan 2024 11:44

IN BRIEF: Ethernity Networks gains approval for creditor settlement

Ethernity Networks Ltd - Israel-based supplier of data processing semiconductor technology for networking appliances - Says it has received approval of the proposal for the settlement of creditors from all three of its creditor groups. Says it has submitted a settlement proposal with the court of Lod, Israel, with the court set to schedule a hearing to consider and approve the settlement. Says that under the settlement, valid creditors will be repaid over a 12-month period in four instalments. The first payment will be made within 90 days of exiting the settlement. Notes that the total creditor balance is USD1.6 million.

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4 Jan 2024 19:57

IN BRIEF: Ethernity Networks secures some creditor support for plans

Ethernity Networks Ltd - Israel-based supplier of data processing semiconductor technology for networking appliances - Provides update on the ongoing temporary suspension of proceedings process. Explains that further to a statement December 20, a meeting of creditors took place earlier Thursday. This was to consider and vote on the company's proposed settlement plan. The significant majority of general and guaranteed creditors by number and creditor balance approved the settlement proposal. The company has not yet received final votes from all the priority creditors (which represent around one quarter of the total creditor balance) and remains in discussion with them in order to obtain their votes. Subject to achieving the required level of creditor support for the settlement proposal, says the TSP settlement manager will seek the Court's approval.

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