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Pin to quick picksStrix Share News (KETL)

Share Price Information for Strix (KETL)

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Share Price: 87.50
Bid: 87.50
Ask: 87.90
Change: 0.80 (0.92%)
Spread: 0.40 (0.457%)
Open: 90.00
High: 90.00
Low: 85.00
Prev. Close: 86.70
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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.

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5 Apr 2022 21:20

DIRECTOR DEALINGS: CRH finance director sells EUR1.4 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

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31 Mar 2022 11:18

Canaccord Genuity lowers target price on Strix Group

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on kettle safety controls manufacturer Strix Group from 375.0p to 300.0p on Thursday as it pondered whether near-term headwinds would "bark or bite".

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30 Mar 2022 12:00

IN DEPTH: Strix boss sure of profit rise in 2022 despite cost squeeze

(Alliance News) - Strix Group PLC shares fell on Wednesday after annual results showed profit was hurt by higher costs, but Chief Executive Mark Bartlett remained confident in the company's prospects, with revenue on the rise and dividend increases pencilled in for the foreseeable future.

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30 Mar 2022 10:48

Strix falls amid cost pressures but payout growth shows confidence

(Alliance News) - Strix Group PLC on Wednesday reported lower annual profit on rising costs, but boosted its annual payout as a sign of confidence with the company saying it is on track to hit its medium-term targets.

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30 Mar 2022 09:49

Strix serves up decent first-half revenue, earnings growth

(Sharecast News) - Kettle safety and water technology company Strix Group reported revenue of £119.4m in its 2021 results on Wednesday - an increase of 28.8% year-on-year and 26.6% over the same period in 2019, both at constant currency.

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30 Mar 2022 08:51

LONDON BROKER RATINGS: BofA lifts Bridgepoint; Citi cuts Experian

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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7 Mar 2022 11:55

Strix upbeat on launch of several new products

(Sharecast News) - Kettle safety and water filtration technology company Strix Group announced a number of new product developments on Monday, which it said represented "significant progress" towards achieving its five-year growth plan.

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28 Feb 2022 20:36

TRADING UPDATES: Tortilla teams with Compass; Strix in cyber attack

(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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28 Feb 2022 12:07

Strix assures shareholders after Russian cyberattack

(Sharecast News) - Kettle safety technology and water filtration company Strix Group has recently been the subject of a cyber incident of Russian origin, it claimed on Monday.

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27 Jan 2022 20:20

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

TRADING UPDATES: Fuller's knocked by Omicron; Wilmington lifts outlook

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27 Jan 2022 15:27

Strix net debt widens as it combats price rises

(Sharecast News) - Kettle safety and water technology company Strix reported positive second half momentum in a trading update on Thursday, having achieved 30% revenue growth on a constant-currency basis, and profit after tax in line with market expectations for 2021.

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28 Oct 2021 15:51

Director dealings: Strix director makes share purchase

(Sharecast News) - Strix Group revealed on Thursday that non-executive director Mark Kirkland had acquired 8,710 ordinary shares in the AIM-listed kettle safety controls supplier.

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26 Oct 2021 14:58

TRADING UPDATES: Strix launches new products; Sylvania profit down

TRADING UPDATES: Strix launches new products; Sylvania profit down

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26 Oct 2021 09:55

Strix launching two new instant hot water products

(Sharecast News) - Kettle safety and potable water technology company Strix Group announced the launches of Aurora and Dual Flo as "key extensions" of its small domestic appliances category on Tuesday.

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20 Oct 2021 15:04

DIRECTOR DEALINGS: Strix team bank GBP6 million; Kingfisher bosses buy

DIRECTOR DEALINGS: Strix team bank GBP6 million; Kingfisher bosses buy

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