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Pin to quick picksStrix Share News (KETL)

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Share Price: 76.70
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EXECUTIVE CHANGES: Filtronic appoints Nathaniel Edington as CEO

Tue, 02nd Apr 2024 12:26

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

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Baron Oil PLC - London-based oil and gas exploration company - Former chief executive officer Andy Yeo has stepped down from the board on Monday after the company transitions to Andy Butler as its new CEO. Further, company notes progress in appointing a new chair.

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Beacon Energy PLC - oil and gas company - Promotes Chief Financial Officer Stewart MacDonald to chief executive officer from June 1, the day current CEO Larry Bottomley intends to retire from his role. Bottomley has been CEO since the start of 2022 and will continue to support the company as a non-executive director. The company adds that its search for a chief operating officer to support the technical and operational workstreams in the executive team will start soon. Company adds that the rig mobilisation regarding the upcoming SCHB-2 sidetrack operation is on track with the rig due to arrive in location in mid-April with the sidetrack operation set to start the following week.

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DSW Capital PLC - Warrington, England-based financial advisory that provides advisory services in areas such as corporate finance and due diligence - Promotes Business Development & Operations Director Peter Fendall to chief operating officer. He joined the company in September 2021 and helped facilitate the initial public offering. Further, DSW appoints him as interim chief financial officer from May 17, replacing Nicole Burstow, the current CFO and deputy chief executive officer who is leaving the company.

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Filtronic PLC - Sedgefield, England-based designer and manufacturer of products and sub-systems for the aerospace, defence, telecoms infrastructure, space, and critical communications markets - Appoints Nathaniel Edington as CEO from May 13, replacing outgoing CEO Richard Gibbs, who will retire from his role that day but continue to support the company until November. Incoming CEO Edington has held executive leadership positions at Austria-based semiconductor firm AMS AG and former semiconductor firm Wolfson Microelectronics PLC, which was bought by Austin, Texas-based Cirrus Logic Inc in 2014. "Nat has considerable knowledge and experience of the sector and the markets in which Filtronic operate and has demonstrated excellent leadership qualities aligned with Filtronic's people-focused culture, and drive for growth," Filtronic says.

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Genel Energy PLC - oil and gas exploration and production company, formerly focused on exports to the Kurdistan region - Deputy Chair Michael Fallon indicates intention to retire from the company's board at the annual general meeting next month.

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Naked Wines PLC - Norwich-based online wine seller - Appoints Rodrigo Maza as chief executive officer, effective Tuesday, which is also the first day of the company's financial year 2025, as Rowan Gormley returns to his previous role as non-executive chair. Further, Naked Wines appoints Paul Calandrella as general manager of Naked Wines USA from mid-April.

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Strix Group PLC - Isle of Man-based provider of kettle safety controls - Confirms that Chief Financial Officer Clare Foster has joined the board on Tuesday.

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By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
18 Apr 2024 12:54

IN BRIEF: Strix CEO Mark Bartlett buys 68,000 shares

Strix Group PLC - Isle of Man-based maker of kettle safety controls and other water temperature management devices - Chief Executive Officer Mark Bartlett buys 68,385 shares at average 72.75 pence, worth GBP49,750, on Monday. Now has 2.7 million shares, a 1.3% stake.

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27 Mar 2024 14:39

EXTRA: Strix credits "acquisition of a lifetime" for revenue growth

(Alliance News) - Strix Group PLC on Wednesday said that the purchase of Billi Australia Pty Ltd has "delivered exactly as expected", leading the firm's annual revenue to skyrocket.

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27 Mar 2024 11:22

Strix posts growth in full-year revenue and operating profit

(Sharecast News) - Strix Group reported a 35.2% jump in revenue in its 2023 results on Wednesday, to £144.6m, accompanied by an increase in gross profit to £57.2m, up 37.7%.

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27 Mar 2024 09:03

LONDON MARKET OPEN: FTSE 100 slips as unease lingers before US data

(Alliance News) - Stock prices in London edged lower after the open on Wednesday, with some nervy trade ahead of a US inflation reading later in the week.

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27 Mar 2024 08:17

Strix says annual revenue boosted by Billi acquisition

(Alliance News) - Strix Group PLC on Wednesday said a recent acquisition helped boost its annual revenue, but it lowered its dividend as it aims to focus on debt reduction.

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20 Mar 2024 15:59

UK earnings, trading statements calendar - next 7 days

Thursday 21 March 
Aptitude Software Group PLCFull Year Results
Aquis Exchange PLCFull Year Results
Centamin PLCFull Year Results
Direct Line Insurance Group PLCFull Year Results
Dowlais Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Hostelworld Group PLCFull Year Results
Ithaca Energy PLCFull Year Results
M&G PLCFull Year Results
National World PLCFull Year Results
Next PLCFull Year Results
Science Group PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Tribal Group PLCFull Year Results
Friday 22 March 
Dunedin Enterprise Investment Trust PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
Phoenix Group Holdings PLCFull Year Results
SkinBioTherapeutics PLCHalf Year Results
Monday 25 March 
Amaroq Minerals LtdFull Year Results
Baillie Gifford Shin Nippon PLCFull Year Results
Central Asia Metals PLCFull Year Results
Gamma Communications PLCFull Year Results
Henry Boot PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
Kingfisher PLCFull Year Results
Pennon Group PLCTrading Statement
Princess Private Equity Holding LtdTrading Statement
RTC Group PLCFull Year Results
Tandem Group PLCFull Year Results
Ocean Harvest Technology Group PLCFull Year Results
Octopus Renewables Infrastructure Trust PLCFull Year Results
Virgin Wines UK PLCHalf Year Results
US Solar Fund PLCFull Year Results
Tuesday 26 March 
888 Holdings PLCFull Year Results
AG Barr PLCFull Year Results
Airea PLCFull Year Results
Bellway PLCHalf Year Results
CAB Payments Holdings PLCFull Year Results
CPPGroup PLCFull Year Results
Fevertree Drinks PLCFull Year Results
Flutter Entertainment PLCFull Year Results
Forterra PLCFull Year Results
Genel Energy PLCFull Year Results
GetBusy PLCFull Year Results
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Inspired PLCFull Year Results
John Wood Group PLCFull Year Results
Life Science REIT PLCFull Year Results
Luceco PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
NIOX Group PLCFull Year Results
Ocado Group PLCTrading Statement
Petershill Partners PLCFull Year Results
Regional REIT LtdFull Year Results
Smiths Group PLCHalf Year Results
Softcat PLCHalf Year Results
Time Finance PLCTrading Statement
TruFin PLCFull Year Results
WAG Payment Solutions PLCFull Year Results
Xaar PLCFull Year Results
YouGov PLCHalf Year Results
Wednesday 27 March 
Artisanal Spirits Co PLCFull Year Results
BioPharma Credit PLCFull Year Results
Carnival PLCQ1 Results
Corero Network Security PLCFull Year Results
Endeavour Mining PLCFull Year Results
Gelion PLCHalf Year Results
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Nanoco Group PLCHalf Year Results
Pharos Energy PLCFull Year Results
S4 Capital PLCFull Year Results
Strix Group PLCFull Year Results
Vanquis Banking Group PLCFull Year Results
Vinanz LtdFull Year Results
Windward LtdFull Year Results
  
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
25 Jan 2024 20:21

TRADING UPDATES: Treatt revenue falls; Secure Trust profit picks up

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

Read more
25 Jan 2024 15:37

Strix describes challenging year, appoints new finance chief

(Sharecast News) - Kettle safety and water technology company Strix Group said in a full-year trading update on Thursday that, despite facing persistent challenges stemming from the global economic and geopolitical landscape, it recorded adjusted profit after tax of £20.6m on a constant currency basis, and £20.1m on a reported basis for the full year.

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27 Oct 2023 21:11

EXECUTIVE CHANGES: Anglesey Mining chair ousted, Strix CFO to retire

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

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27 Oct 2023 08:37

Strix Group CFO to retire

(Sharecast News) - Kettle safety controls group Strix Group said on Friday that chief financial officer Raudres Wong plans to step down, as it announced an agreed relaxation of its leverage covenant ratio.

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21 Sep 2023 14:28

EXTRA: Strix CEO "extremely positive" about Billi acquisition

(Alliance News) - Strix Group PLC shares plunged on Thursday as the firm announced a reduction to its half-year dividend and said demand has fallen in its key markets, but its CEO said recent months have seen "a gradual improvement."

Read more
21 Sep 2023 11:38

Shares in Strix slump on disappointing interim numbers

(Sharecast News) - Shares in Strix Group plunged on Thursday, after the Aim-listed firm reported a slide in half-year profits.

Read more
21 Sep 2023 11:23

Strix shares plummet as profit drops despite Billi boosting revenue

(Alliance News) - Strix Group PLC on Wednesday said its pretax profit fell by over 40% in its latest half year and reduced its interim dividend, but announced new and optimistic medium-term goals.

Read more
21 Sep 2023 10:49

AIM WINNERS & LOSERS: Vela and Cizzle up as Conduit takes NY listing

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

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