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UK EXECUTIVE CHANGE SUMMARY: FastForward Innovations Names Chair, CEO

Mon, 18th May 2020 14:39

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

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FastForward Innovations Ltd - growth company investment - Lorne Abony steps down as chair and chief executive officer to "pursue his other business interests" but will serve as non-executive director of investee Yooma Corp. Abony also will monitor FastForward's interests in EMMAC Life Sciences, Vemo Education and Leap Gaming. FastForward said Monday it has agreed to invest USD1 million in Yooma as part of a USD5 million fundraising round. It has a 10.65% stake in Yooma with a value of USD2.3 million based on the fundraising round pricing. Yooma intends to partner with Asian social and e-commerce platforms to create a hemp and cannabidiol-focused lifestyle company. FastForward named non-executive directors Ed McDermott and Ian Burns as CEO and non-executive chair, respectively.

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Coats Group PLC - industrial thread maker - Hires Victrex PLC Chief Executive Officer Jakob Sigurdsson as non-executive director from October 1. Victrex is a FTSE 250-listed polymers firm.

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Redx Pharma PLC - cancer and fibrosis drugs - Hires Sarah Wild as independent non-executive director, from July 1. Wild was senior healthcare analyst at Lone Pine Capital LLC. Currently non-executive director at Oxford Nanopore Technologies and Evox Therapeutics.

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Advanced Medical Solutions Group PLC - wound dressings - Non-Executive Director Peter Steinmann to retire from board at June 10 annual general meeting. The company said the departure is part of its plan to refresh the non-executive directors on the board, and it is in the process of finding a replacement.

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React Group PLC - deep cleaning and decontamination - Promotes Andrea Pankhurst to board as chief financial officer. Pankhurst has been finance director of React Specialist Cleaning Ltd, React's operating subsidiary, since January.

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Victoria Oil & Gas PLC - gas producer in Cameroon - Andrew Diamond resigns as finance director and from company. Will step down from board immediately but help with the handover to a new finance director during his six-month notice period.

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Staffline Group PLC - recruitment and training - Promotes Interim CFO Daniel Quint to board as executive director from Monday. Quint remains interim CFO.

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Maestrano Group PLC - transport analytics - Hires Nicholas Wayne as vice president for the Americas. Wayne was a senior executive with Airbus SE in North America, working in its intelligence business. He was a founder of Airbus Aerial, which drew insights from satellite, airplane and drone imagery.

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San Leon Energy PLC - Nigeria oil & gas exploration and production - Bill Higgs steps down as non-executive director immediately, after serving two years.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Regent Pacific To Buy FastForward Investee Yooya For USD15.0 Million

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FastForward Innovations Sells Partial Stake In Vemo Education

LONDON (Alliance News) - FastForward Innovations Ltd on Monday said it disposed of part of its shareholding in investee company Vemo Education Inc for USD442,235.The deal represents the of

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18 Apr 2019 11:56

FastForward Investee Gets US Fast Track Designation For Cancer Drug

LONDON (Alliance News) - FastForward Innovations Ltd said Thursday investee Intensity Therapeutics Inc has been granted fast track designation by the US Food & Drug Administration for its a in

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3 Apr 2019 16:37

Regent Mercantile Cuts FastForward Innovations Stake To Below 3% (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said Regent Mercantile Holdings Ltd had reduced its stake in the end-stage focused investor to less then 3%.Prior to this,

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20 Mar 2019 14:15

FastForward Innovations Completes Investment In Cannabis Firm EMMAC (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said it has completed a GBP2 million investment in medical cannabis firm EMMAC Life Sciences Ltd.All regulatory filings are

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7 Mar 2019 17:01

FastForward Invests GBP2 Million In Medical Cannabis Firm EMMAC (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Thursday said it invested GBP2 million in EMMAC Life Sciences Ltd by way of a share subscription.The AIM-listed company said it has a

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FastForward's Juvenescence Raises USD46 Million In Funding Round (ALLISS)

LONDON (Alliance News) - FastForward Innovations Ltd on Tuesday said investee Juvenescence Ltd has completed the first part of its funding round.Juvenescence, a biotech firm, has raised at

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3 Jan 2019 12:21

FastForward Hires New Finance Director And Operations Chief

LONDON (Alliance News) - FastForward Innovations Ltd on Thursday said it has appointed Lance De Jersey as finance director & chief operating officer with immediate effect to replace Ian Burns,

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12 Dec 2018 13:42

FastForward Innovations Net Asset Value Increases In First Half

LONDON (Alliance News) - FastForward Innovations Ltd on Wednesday said its net asset value per share grew in the first half of its current financial year.The stock was trading 9.5% higher a

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3 Aug 2018 10:43

FastForward raising a crisp £4m through placing

(Sharecast News) - FastForward Innovations has agreed to place 30,769,230 new ordinary shares at a price of 13p each with a number of new and existing investors, it announced on Friday, raising gross proceeds of £4m before expenses.

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