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Pin to quick picksKromek Share News (KMK)

Share Price Information for Kromek (KMK)

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Share Price: 7.15
Bid: 6.80
Ask: 7.50
Change: 0.00 (0.00%)
Spread: 0.70 (10.294%)
Open: 7.15
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Low: 7.15
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EXECUTIVE CHANGES: Tekmar hires former Kromek CFO; Redx chair departs

Tue, 01st Jun 2021 15:51

(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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Tekmar Group PLC - provider of technology and services for offshore energy markets - Hires Derek Bulmer as new chief financial officer. Sue Hurst, the current CFO, steps down from the role on Tuesday but will remain on the board for a transition period. Bulmer was CFO and in-house counsel for AIM-listed radiation detection technology firm Kromek Group PLC from 2010 until last year. Prior to Kromek, he had worked at brick maker Ibstock PLC, among other employers. Tekmar also announced its annual results on Tuesday. For the 12 months ended March 31, it swung to pretax loss of GBP2.5 million from a profit of GBP2.0 million the year before, on revenue which declined 29% to GBP29.1 million from GBP40.9 million.

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Redx Pharma PLC - Macclesfield, England-based discovery of treatments for cancer and fibrotic disease - Chair Iain Ross steps down as a director immediately "to pursue other business opportunities". Redx makes Independent Non-Executive Director Peter Presland the interim chair as it starts search for new chair. "Iain has been the lynchpin in the turnaround of Redx, and we are very grateful for his innumerable contributions as chairman over the last four years," says Chief Executive Officer Lisa Anson. Ross says he remains "a supportive shareholder".

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Chamberlin PLC - West Midlands-based castings and engineering - New CEO Kevin Price and new Finance Director Alan Tomlinson join the board on Tuesday. Non-Executive Director Trevor Brown moves to executive director, responsible for company strategy, effective immediately, while David Flowerday resigns as non-executive director from Monday.

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Challenger Energy Group PLC - assets in Bahamas, Uruguay, Trinidad & Tobago and Suriname, previously known as Bahamas Petroleum Co PLC - Eytan Uliel formally takes up role as CEO. Simon Potter steps down as CEO but remains as non-executive director. Stephen Bizzell joins board as non-executive director, replacing Ross McDonald.

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Longboat Energy PLC - North Sea-focused exploration and production - Hires Nick Ingrassia as corporate development director. Ingrassia had joined Longboat back in September. Among other roles, he had worked at Faroe Petroleum PLC, whose former management team are behind Longboat Energy. Ingrassia's appointment comes alongside Longboat's announcement on Tuesday of three acquisitions to develop an exploration drilling programme on the Norwegian continental shelf. The acquisitions will be accompanied by a GBP35 million equity raise and are classified as a reverse takeover of Longboat under AIM rules.

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Trustpilot AS - Copenhagen-based online consumer reviews platform - Hires Joe Hurd as independent non-executive director. California-based Hurd is an independent public board director and adviser.

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India Capital Growth Fund Ltd - invests directly, or indirectly, in companies based in India - Hires Lynne Duquemin as non-executive director, effective immediately, as successor to Peter Niven, who will retire from the board at the end of 2021. Duquemin is a Guernsey resident with "deep experience of investment management and advisory services".

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
28 Sep 2023 17:14

IN BRIEF: Kromek Group completes refinancing of borrowing facility

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Completes the refinancing of its borrowing facility, with the signing of a new GBP5.5 million secured term loan. The new facility is being provided by Polymer N2 Ltd, a significant shareholder in the company. It has a repayment date of March 27, 2025, with an option to extend for a further 12 months. It carries a fixed interest rate of 9.5%, which is payable quarterly, and Kromek has the option to pay the interest through the issue of new ordinary shares.

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21 Sep 2023 15:50

UK shareholder meetings calendar - next 7 days

Friday 22 September 
Argos Resources LtdGM re members voluntary liquidation
B&M European Value Retail SAGM re appointing Lasry as director
Faron Pharmaceuticals LtdEGM re election of new board members
Stranger Holdings PLCAGM
SysGroup PLCAGM
TI Fluid Systems PLCGM re waiver resolution
Odyssean Investment Trust PLCAGM
Monday 25 September 
Amte Power PLCGM re share issue to raise GBP2m
Ondo InsurTech PLCAGM
ThomasLloyd Energy Impact Trust PLCGM re appointment of new directors
Tuesday 26 September 
BSF Enterprise PLCGM re placing, subscription and broker warrants
Cohort PLCAGM
Ediston Property Investment Co PLCGM re disposal of the property portfolio
Fulcrum Utility Services LtdGM re AIM cancellation
James Cropper PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Mycelx Technologies CorpAGM
Orient Telecoms PLCAGM
Redde Northgate PLCAGM
Saietta Group PLCAGM
Scholium Group PLCAGM
SulNOx Group PLCAGM
Supreme PLCAGM
Tern PLCGM re management changes
Wednesday 27 September 
4Global PLCAGM
abrdn New India Investment Trust PLCAGM
Amigo Holdings PLCAGM
AO World PLCAGM
Baltic Classifieds Group PLCAGM
Coral Products PLCAGM
EDX Medical Group PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
Pharma C Investments PLCGM re executive changes
Riverstone Energy LtdEGM re tender offer
Samarkand Group PLCAGM
System1 Group PLCAGM
Schroder Real Estate Investment Trust LtdAGM
Voyager Life PLCAGM
Thursday 28 September 
abrdn Japan Investment TrustGM re merger with Nippon Active Value Fund PLC
abrdn Japan Investment TrustAGM
ActiveOps PLCAGM
Babcock International Group PLCAGM
Boussard & Gavaudan Holding LtdEGM re managed wind-dow proposals
CentralNic Group PLCGM re name change to Team Internet Group PLC
CT Global Managed Portfolio Trust PLCAGM
Diageo PLCAGM
FIH Group PLCAGM
FRP Advisory Group PLCAGM
Kromek Group PLCAGM
Oxford Cannabinoid Technologies Holdings PLCAGM
Pembroke VCT PLCAGM
Polar Capital Holdings PLCAGM
Redcentric PLCAGM
Revolution Beauty Group PLCAGM
Roebuck Food Group PLCAGM
TruFin PLCAGM
Zoo Digital Group PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Sep 2023 14:26

IN BRIEF: Kromek detectors used in Spectrum Dynamic's new scanner

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Says customer Spectrum Dynamics Medical has launched an advanced imaging system, SPECT/CT, which uses Kromek's digital Cadmium zinc telluride detectors. Says the new scanner sets "new standards" in energy range, sensitivity and resolution.

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6 Sep 2023 16:36

IN BRIEF: Kromek extends credit facility repayment to end of month

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Extends repayment date of its GBP5.0 million revolving credit facility with HSBC Holdings PLC to September 30 from Thursday last week. Says the move is taken as it finalises terms to refinance the borrowing facility. This follows a previous extension, as announced when publishing its annual results in late July. Says it will will make a further announcement in "due course".

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24 Jul 2023 11:25

Kromek reports "record" revenue; eyes positive earnings in new year

(Alliance News) - Kromek Group PLC on Monday said it delivered a year of "record" revenue thanks to "significant" growth in its advanced imaging and CBRN detection divisions.

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5 Jun 2023 10:50

IN BRIEF: Kromek wins USD1.5 million contract in Asia

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Secures USD1.5 million contract in the civil nuclear market from an unnamed existing distribution partner in Asia. Says the order is for a new product, designed for civil nuclear applications, including the detection, identification and analysis of radiological sources. The product will be delivered over the next 15 months. Adds it will supply three new customers in Asia.

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26 May 2023 14:13

TRADING UPDATES: Triple Point Social quarterly net asset value up

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

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2 May 2023 11:00

AIM WINNERS & LOSERS: Longboat Energy signs Japex joint-venture deal

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

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2 May 2023 10:25

Kromek shares up on USD1.4 million order from new OEM customer

(Alliance News) - Kromek Group PLC on Tuesday said it has secured an an initial USD1.4 million order for its CZT-based detector modules from a new original equipment manufacturer customer.

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19 Apr 2023 14:58

IN BRIEF: Kromek shares up as partners to develop detector solutions

Kromek Group PLC - Sedgefield, England-based detection technology supplier - Signs deal with Analogic Corp to collaborate on detector solutions. Says the collaboration is for the medical imaging and security sectors. Says the technology can result in improved image quality whilst also providing "a gateway to material characterization and quantitative results, allowing early detection of life-threatening illness such as breast cancer or heart disease when used in medical imaging".

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18 Apr 2023 12:04

Kromek surges on seven-year agreement with Tier 1 OEM

(Alliance News) - Kromek Group PLC shares jumped on Tuesday, after it said it has entered an initial seven-year agreement with a Tier 1 original equipment manufacturer.

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29 Mar 2023 11:48

Kromek receives USD1.1 million orders from medical imaging customers

(Alliance News) - Kromek Group PLC on Wednesday said it secured repeat orders for its cadmium zinc telluride-based detectors from three medical imaging customers worth a total of USD1.1 million.

Read more
29 Mar 2023 09:27

Kromek secures $1.1m of repeat orders

(Sharecast News) - Radiation detectors supplier Kromek has secured repeat orders for its CZT-based detectors from three medical imaging customers worth a combined total of $1.1m.

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31 Jan 2023 14:51

TRADING UPDATES: RBG ousts CEO over "cultural concerns" and strategy

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

Read more
9 Jan 2023 13:16

Kromek secures repeat US government order for radiation detector

(Sharecast News) - Radiation and bio-detection technology specialist Kromek has secured a repeat order worth $0.8m from a US government customer, it announced on Monday, for its 'D3S ID' wearable nuclear radiation detector.

Read more

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