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Pin to quick picksGenedrive Share News (GDR)

Share Price Information for Genedrive (GDR)

London Stock Exchange
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Share Price: 1.85
Bid: 1.70
Ask: 2.00
Change: -1.65 (-47.14%)
Spread: 0.30 (17.647%)
Open: 1.875
High: 2.25
Low: 1.75
Prev. Close: 3.50
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EXECUTIVE CHANGES: Countryside Properties and musicMagpie poach CFOs

Tue, 16th Nov 2021 14:35

(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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Countryside Properties PLC - Brentwood, Essex-based housebuilder - Hires Tim Lawlor as new chief financial officer, starting on March 28, 2022. Lawlor currently is CFO of logistics firm Wincanton PLC, which said that Lawlor will depart in March next year and that it has started the search for a successor. At Countryside, Lawlor replaces Mike Scott, who similarly was poached from Countryside by larger peer Barratt Developments PLC to be its CFO, replacing Jessica White. Tom Wright was recruited by Countryside last month to be interim CFO starting on November 30.

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musicMagpie PLC - Manchester-based used technology reseller - Hires Matthew Fowler as CFO, following Ian Storey's promotion to chief operating officer from CFO. Fowler joins at a date to be set from molecular diagnostics firm genedrive PLC, where has been CFO for five years, previous to which he was financial controller of former AIM listing Scapa Group PLC. genedrive says a search for a successor will begin.

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Stanley Gibbons Group PLC - London-based collectable postage stamps retailer - Hires Kevin Fitzpatrick as CFO, effective immediately, replacing Anthony Gee, who steps down at the same time as CFO, director and company secretary. Fitzpatric was CFO for Arise Media & Technology, a privately owned company.

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Directa Plus PLC - London-based producer of graphene nanoplatelets - Promotes CFO Giorgio Bonfanti to board, effective immediately. Bonfanti joined Directa Plus back in May, having worked at accountants PwC since 2014.

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SolGold PLC - Brisbane, Australia-based developer of copper-gold deposits in Ecuador - Hires Darryl Cuzzubbo to be managing director and chief executive officer, joining the board immediately and becoming CEO on December 1. Cuzzubbo was chief manufacturing & supply officer president of Auspac Asia at commercial explosives provider Orica Pty Ltd, prior to which he was with miner BHP Group PLC.

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JD Sports Fashion PLC - Bury, Lancashire-based sports and outdoor apparel retailer - Hires Helen Ashton as non-executive director, starting this past Monday. Ashton was CFO of online retailer ASOS PLC.

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Biotech Growth Trust PLC - invests globally in biotechnology companies - Hires Roger Yates as independent non-executive director, starting December 1. Yates is senior independent director of wealth manager St James's Place PLC, of Jupiter Fund Management PLC, and of facilities management provider Mitie Group PLC. As an executive, Yates was CEO of asset manager Henderson Group PLC for 10 years.

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ITM Power PLC - Sheffield-based hydrogen power equipment maker - Tom Rae resigns as non-executive director. Rae represented JCB Research, whose shareholding fell below the threshold for a board seat following ITM's recent share placing. Back in October, ITM raised GBP250 million in equity, selling 62.5 million new shares at 400 pence each.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
Today 12:10

IN BRIEF: Genedrive completes placing portion of GBP6 million raise

Genedrive PLC - Manchester-based pharmacogenetic testing - Completes placing of 138.8 million new shares at 1.5 pence each, raising GBP2.1 million. The placing is part of an overall equity raise being run by Peel Hunt LLP. Late Thursday, Genedrive had said it will try to raise a minimum of GBP6.0 million, including offers to retail investors. If that minimum is not reached, then only the firm placing will go ahead. The placing and retail offer prices will be the same and represent a more than 50% discount to Genedrive's closing price on Thursday. The placing shares will almost double Genedrive's total, and the retail offers could see another 376.4 million new shares issued. It expects to call a general meeting for May 31 to approve the share issue.

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Today 10:59

AIM WINNERS & LOSERS: Polarean wins deal; Genedrive completes placing

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

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Today 07:00

IN BRIEF: Genedrive aims to raise at least GBP6 million in share offer

Genedrive PLC - Manchester-based pharmacogenetic testing company - Seeks to raise a minimum of GBP6.0 million from an offer of new shares at 1.5 pence each. The announcement is made after the London market close on Thursday, and the price represents a more than 50% discount to Genedrive's closing price. The equity raise will be split into a firm placing of shares for GBP2.5 million, an offer to new and existing retail investors via the REX platform for GBP3.5 million, and an open offer to existing shareholders for GBP2.1 million. Genedrive says that if the GBP6.0 million minimum target is not reached, then only the firm placing will go ahead. The share sale is being run by broker Peel Hunt LLP.

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24 Apr 2024 17:26

Genedrive enters clinical trial deal in US for MT-RNR1 US approval

(Alliance News) - Genedrive PLC on Wednesday said it has entered into a clinical trial agreement to support clinical studies to progress the regulatory approval of its MT-RNR1 product.

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3 Apr 2024 16:54

LONDON MARKET CLOSE: FTSE 100 up thanks to US economic data

(Alliance News) - Stock prices in London closed mostly higher on Wednesday, after some data from the US reinforced the interest rate cut trajectory across the Atlantic.

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3 Apr 2024 13:54

Genedrive shares jump on NICE test recommendation

(Sharecast News) - Genedrive shares were surging on Wednesday, after it received a significant endorsement from the UK's National Institute for Health and Care Excellence (NICE) regarding its 'CYP2C19-ID' test.

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3 Apr 2024 11:49

Genedrive shares surge as UK's NICE backs test for ischaemic stroke

(Alliance News) - Genedrive PLC on Wednesday praised the National Health Service's work on strokes and mini strokes as a test by the company received a recommendation from the UK's National Institute for Health & Care Excellence.

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3 Apr 2024 10:47

AIM WINNERS & LOSERS: UK NICE backs Genedrive test; Corero renews deal

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

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28 Mar 2024 14:35

EARNINGS AND TRADING: 888 advances US exit; Arrow ups reserve estimate

(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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15 Mar 2024 14:27

Genedrive receives R&D tax credit, plans fundraise

(Sharecast News) - Point-of-care pharmacogenetic testing company Genedrive announced the receipt of a research and development tax credit totalling £0.8m on Friday, taking its unaudited cash balances to £1.2m.

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15 Mar 2024 13:50

Genedrive down as plans equity raise despite GBP800,000 tax credit

(Alliance News) - Genedrive PLC shares fell on Friday, after it said it has received a GBP800,000 research and development tax credit.

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19 Feb 2024 18:57

TRADING UPDATES: Coro seals sale terms, Powerhouse makes good progress

(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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19 Feb 2024 10:56

Genedrive set to apply for NICE EVA funding

(Sharecast News) - Genedrive shares rose on Monday, on the launch of the NICE early value assessment (EVA) evidence generation funding call, backed by the National Institute for Health and Care Research (NIHR).

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19 Feb 2024 07:49

LONDON BRIEFING: MoneySupermarket credits Insurance for growth in 2023

(Alliance News) - Stocks in London are set to fall at Monday's open, as concerns over US inflation trends curb risk appetite, and damp hopes of interest rate cuts from the Federal Reserve.

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2 Jan 2024 14:39

Genedrive confirms £0.6m equity prepayment drawdown

(Sharecast News) - Genedrive confirmed a planned £0.6m drawdown as part of its £5m equity prepayment facility on Tuesday, which it initially disclosed on 31 March 2023.

Read more

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