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Pin to quick picksGulf Marine Services Share News (GMS)

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EXECUTIVE CHANGES: Iconic Labs CEO; Tiziana Hires Executive Director

Fri, 05th Feb 2021 12:28

(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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Iconic Labs PLC - London-based media company - Appoints Sarah Dees as chief executive with immediate effect. Dees has a "wealth of management and fundraising experience" across a variety of sectors including financial technology, banking, live events and natural resources. "I am delighted to have the opportunity to lead Iconic Labs through the next phase of its development following the recent board changes. I will be prioritising early dialogue with OTT Holdings, alongside existing shareholders and lenders," Dees says.

On Monday, Iconic Labs received termination notices for management service agreements with Greencastle Capital for TheLondonEconomic, with management service agreement for JOE Media and Lovin' Media also terminated. Iconic Labs noted that the agreements represented the most significant proportion of Iconic's revenue to date. The termination notices cited the resignation of Iconic's senior management team, with John Quinlan, Liam Harrington and Sam Asante all resigning due to the failure of European High Growth Opportunities Securitization Fund to accept a revised settlement offer as well as outstanding issues with OTT Holdings Ltd and Alpha Blue Ocean.

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Tiziana Life Sciences PLC - London-based therapeutics for oncology, inflammation and infectious diseases - Appoints Thomas Adams as an executive director. Adams will assume the position of head of Drug Development with immediate effect, and his executive role will be to manage and oversee the company's pre-clinical and clinical drug development programmes and associated intellectual property. He is currently a director at Hepion Pharmaceuticals Inc.

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All Active Asset Capital Ltd - London-based firm seeking investment opportunities in the technology, software and artificial intelligence space - Intends to appoint Colin McQuade as a non-executive director. He is currently chief technology officer for BGL Group Ltd, a financial services business specialising in home and vehicle insurance, and prior to this was head of Change Technology at Barclays International.

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CPPGroup PLC - Leeds-based insurance and financial services company - Says Nick Cooper will be stepping down from the board and his position as a non-executive director at the end of the month to focus on his executive role as general counsel & company secretary of Johnson Matthey PLC.

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Prairie Mining Ltd - Poland-focused coal development firm - Notified that Todd Hannigan will resign as an alternate director to Tom Todd on Friday as he concentrates on other business and investment opportunities. Tom Todd will continue to serve as a non-executive director.

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Record PLC - specialist currency manager - Says Bob Noyen, chief investment officer of Record Currency Management Ltd, has decided to step down from the board of Record to focus more on his day-to-day role, though his responsibilities remain unchanged and he will continue to serve on the board of Record Currency Management.

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Sensyne Health PLC - Oxford, England-based clinical technology company - Appoints Hina Zaman as managing director of Healthcare Division and Martin Gouldstone as chief business officer of Life Sciences Division. Zaman joins Sensyne from Babylon Health, while Gouldstone joins from Syneos where he was global SVP Capital Solutions at Syneos One.

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Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Hires David Hutchins as non-executive director effective Friday. He is currently chair of the FTSE Gold Mines Index Committee.

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Intertek Group PLC - London-based quality assurance provider - Hires Lynda Clarizio as a non-executive direct effective March 1. She served as president of US Media at Nielsen Holdings PLC and is currently a director of CDW Corp, Emerald Holding Inc, Adjust GmbH, OpenSlate and Resonate Networks Inc. Louise Makin will be stepping down from the board as a non-executive director on June 30 after serving for nine years.

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Digitalbox PLC - Bath, England-based digital media business that owns The Daily Mash and The Tab - Says Non-Executive Nigel Burton has resigned with immediate effect in order to pursue other opportunities.

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Gulf Marine Services PLC - Abu Dhabi-founded provider of self-propelled self-elevating support vessels for oil, gas and renewable energy industries - Says Hassan Heikal has agreed to take up the role of deputy chair, having joined the board in November 2020 as a non-executive director. Jyrki Koskelo is joining the group as an independent non-executive director, with immediate effect, bringing "extensive additional business advisory experience" to the board. Koskelo is currently a board member, and chair of the investment committee, of the Africa Agriculture & Trade Investment Fund

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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4 Apr 2024 11:50

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Gulf Marine Services annual profits grow, FY24 outlook strong

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11 Mar 2024 11:57

Gulf Marine Services inks contract for vessel in Middle East

(Alliance News) - Gulf Marine Services PLC said it has signed the first of a two phase, four-year, contract for one of its vessels operating in the Middle East.

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28 Feb 2024 12:04

Gulf Marine Services wins contract and award for Middle East vessels

(Alliance News) - Gulf Marine Services PLC on Wednesday said it extended a contract for one of its vessels which is currently operating in the Middle East, alongside receiving a letter of award for a separate vessel in the region.

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17 Jan 2024 11:50

Gulf Marine Services raises 2023 earnings guidance to 20% increase

(Alliance News) - Gulf Marine Services PLC on Wednesday updated its guidance for 2023, saying it now expects to report higher earnings than originally expected.

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8 Jan 2024 11:06

IN BRIEF: Gulf Marine Services inks contracts for small class vessels

Gulf Marine Services PLC - Provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors - Announces contract extension for one small class vessel and a new contract for another small class vessel. Says that both the extension and the new contract are for vessels in the Gulf Cooperation Council. The contract extension, surpassing the initially issued duration, is for a period of an additional 176 days. The new contract is for a total duration of 210 days.

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6 Nov 2023 11:19

IN BRIEF: Gulf Marine Services ups full year outlook

Gulf Marine Services PLC - London-based provider of self-propelled and self-elevating support vessels, to customers in the oil, gas, and renewables sectors - Lifts annual outlook. Now expects earnings before interest, tax, depreciation and amortisation in the range of USD83 million to USD86 million for 2023, lifted from its previous USD77 million to USD85 million outlook. "Given significant improvement in backlog visibility and market outlook evidenced in the recently announced contract awards, alongside future opportunities we're bidding for, we are confident to increase our market guidance for 2023 and to provide an even higher initial guidance for 2024," it says. For 2024, it predicts an Ebitda in the range of USD87 million to USD95 million.

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1 Nov 2023 10:04

Gulf Marine Services shares jump on three contract awards

(Alliance News) - Gulf Marine Services PLC shares rose on Wednesday, after it announced two contract extensions and one new deal.

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31 Aug 2023 17:40

EARNINGS SUMMARY: Gulf Keystone swings to loss; Gulf Marine optimistic

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

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18 Jul 2023 16:55

TRADING UPDATES: Andrada raises GBP7.7 million; Ixico signs contract

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

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12 Jun 2023 10:38

Gulf Marine extends two contracts in Gulf Cooperation Council region

(Alliance News) - Gulf Marine Services PLC on Monday said it won two contract extensions in the Gulf Cooperation Council region, which it said reflected "highly favourable" market and the quality of its fleets.

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7 Jun 2023 14:33

IN BRIEF: Gulf Marine Services says 45% vote against chair as director

Gulf Marine Services PLC - United Arab Emirates-based lift boat company - Notes that 45% of shares cast at AGM vote against the re-appointment of Chair Mansour Al Alami as director of company. Further, 49% shares cast vote against authorising the allotment of shares and over 50% of shares cast vote against disapplying pre-emption rights in connection with a rights issue. The special resolution regarding the disapplication of pre-emption rights is the only one resolution that does not pass. It needed 75% approval.

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24 Apr 2023 12:20

Gulf Marine revenue rises; expects improved performance in 2023

(Alliance News) - Gulf Marine Services PLC on Monday said revenue was up in 2022, boosted by higher vessel rates, as it expects continued improvement on day rates in 2023.

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29 Mar 2023 11:03

IN BRIEF: Gulf Marine Services receives two contracts for vessel

Gulf Marine Services PLC - provides self‐propelled, self‐elevating support vessels for the offshore oil, gas and renewables industries - Announces award of two new contracts for one of its small class vessels in the Gulf Cooperation Council region. Says the daily rates secured for these contracts reflect strong demand for our vessels. The first contract will begin at the end of the first quarter, while the second contract will begin at the start of the third quarter. Says both contracts will span a cumulative period of 272 days.

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10 Feb 2023 14:35

Director dealings: Gulf Marine Services director makes share purchase

(Sharecast News) - Gulf Marine Services revealed on Friday that non-executive director Charbel El Khoury had acquired 500,000 ordinary shares in the London-listed boat operator.

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