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Pin to quick picksMkango Res Share News (MKA)

Share Price Information for Mkango Res (MKA)

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EXECUTIVE CHANGES: All change for ImmuPharma board as CEO departs

Fri, 30th Jul 2021 15:34

(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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Berkeley Group Holdings PLC - Cobham, England-based housebuilder - Non-Executive Director Alison Nimmo will step down from board at September 3 annual general meeting, having served for 10 years. Nimmo joined the board of St Modwen Properties PLC back in February. She was chief executive of the Crown Estate from 2012 to 2019. The Crown Estate, which manages the Queen's property holdings, is the largest property owner in London's West End. She also held senior roles organising the London 2012 Olympic Games.

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ImmuPharma PLC - London-based developer of peptide-based therapeutics for autoimmune diseases - Chief Executive Officer Dimitri Dimitriou steps down immediately "in order to pursue a number of other external opportunities". Chair Tim McCarthy takes over as CEO. ImmuPharma will look for a non-executive chair, and McCarthy will remain chair until it finds one. At the same time, Senior Non-Executive Director Franco di Muzio and Non-Executive Director Stephane Mery also will step down. To replace them, ImmuPharma says it has found new non-executive directors "with direct experience in building a more diverse drug development business together with current public market experience". Sanjeev Pandya is hired as senior independent non-executive director. Pandya was CEO of AIM-listed Advanced Oncotherapy PLC and head of Europe Regulatory & Medical at Reckitt Benckiser Group PLC. Also hires Lisa Baderoon as non-executive director. Baderoon was a partner at financial public-relations firm Buchanan Communications and has been advising ImmuPharma since its AIM float in 2006. It is looking to hire one more non-executive director.

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Sylvania Platinum Ltd - South Africa-focused platinum group metals producer - Hires Adrian Reynolds as independent non-executive director, starting on Sunday. Reynolds has more than 40 years' experience in mining and minerals, Sylvania notes, and currently is a director of Resolute Mining Ltd and Mkango Resources Ltd, both London listings.

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FD Technologies PLC - Newry, County Down-based financial markets technology, formerly known as First Derivatives - Steve Fisher resigns as non-executive director and will step down at the end of January 2022. Fisher has been appointed to a full-time senior executive role at Salesforce.com Inc, where he previously had worked, FD Technologies explains. The search for a replacement non-executive director has begun.

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Record PLC - Windsor, Berkshire-based currency and derivatives manager - Hires Matt Hotson as independent non-executive director, starting Friday. Hotson has worked at Arrow Global Group PLC, RSA Insurance Group PLC, Cable & Wireless Worldwide PLC, and Legal & General Group PLC over a 25-year career.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
10 May 2024 21:08

IN BRIEF: Mkango Resources cuts executive pay to save costs

Mkango Resources Ltd - Vancouver-based mineral explorer and developer with exploration portfolio in Malawi - Reduces executive management salaries by between 25% and 50% each from April through to September this year. Says this is part of its cost-cutting initiatives and complementary to its GBP750,000 private placement announced on April 11. Explains that cutting executive pay "conserves additional working capital to advance the company's assets". Board has also "implemented a bonus scheme in the form of shares to incentivise the executive management team". Mkango notes that non-executive directors, including Non-Executive Chair Derek Linfield, have been foregoing remuneration since January 1.

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11 Apr 2024 16:18

Mkango raises £0.75m to support HyProMag's first commercial sales

(Sharecast News) - Mkango Resources closed a private placing on Thursday, raising £0.75m in gross proceeds to support HyProMag's first commercial sales, among other objectives.

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11 Apr 2024 09:35

Mkango Resources raises GBP720,000 after fees in placing of shares

(Alliance News) - Mkango Resources Ltd on Thursday said that it has closed a GBP750,000 private placement, which included a GBP150,000 investment by Chief Executive Officer William Dawes.

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11 Apr 2024 09:27

AIM WINNERS & LOSERS: Lok'n Store up on takeover offer from Shurgard

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

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25 Mar 2024 12:31

Mkango to begin sales of recycled magnets following fundraising drive

(Alliance News) - Mkango Resources Ltd announced on Monday that it has raised funds totalling GBP900,000.

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11 Mar 2024 15:01

IN BRIEF: Mkango eyes HyProMag feasibility study completion this year

Mkango Resources Ltd - rare earth metals explorer - Says BBA USA Inc and PegasusTSI Inc have been engaged to complete a feasibility study for the HyProMag USA asset. The study concerns the engineering and design of a rare earth element magnet recycling facility. "The feasibility study is expected to be completed during H2 2024. HyProMag USA has the potential to supply the US with a sustainable, long term domestic supply of neodymium/iron/boron permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains," it says. Mkango owns around 79% of Maginitom which in turn owns all of HyProMag. Toronto-listed CoTec Holdings Corp owns around 21% of Maginitom.

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3 Jan 2024 11:47

Mkango announces US HyProMag partnership

(Sharecast News) - Mkango Resources, alongside CoTec Holdings, announced a partnership with Maginito on Wednesday to establish HyProMag USA as a 50-50 joint venture entity.

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3 Jan 2024 10:12

AIM WINNERS & LOSERS: C4X gets Astra payment; Getech wins eight deals

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

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3 Jan 2024 09:26

Mkango subsidiary joins CoTec to promote magnet scrap recycling in US

(Alliance News) - Mkango Resources PLC on Wednesday said that its subsidiary will partner with CoTec Holdings Corp to roll out scrap magnetic recycling technology in the US.

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12 Dec 2023 15:41

Mkango completes first production run of recycled rare earth magnets

(Sharecast News) - Mkango Resources announced on Tuesday that it has completed its first production runs of recycled rare earth magnets, marking a pivotal moment in securing essential raw materials.

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12 Dec 2023 09:32

Mkango celebrates first production of recycled magnets in Birmingham

(Alliance News) - Mkango Resources Ltd on Tuesday announced the first production of recycled rare earth magnets on commercial scale manufacturing equipment in the UK in over 20 years.

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30 Nov 2023 19:57

EARNINGS AND TRADING: Lendinvest completes securitisation

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

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11 Oct 2023 17:24

Mkango Resources hails HyProMag's technology chosen for key project

(Alliance News) - Mkango Resources Ltd on Wednesday said that HyProMag Ltd's rare earth magnet recycling technology has been selected by the Minerals Security Partnership for support as one of its key projects.

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10 Oct 2023 16:36

Mkango reports progress on HyProMag's US ambitions

(Sharecast News) - Mkango Resources, alongside CoTec Holdings, updated the market on the incorporation of HyProMag's rare earth magnet recycling technology in the United States on Tuesday.

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10 Oct 2023 14:28

Mkango rare earth recycling JV advances to feasibility study in US

(Alliance News) - Mkango Resources Ltd on Tuesday said planning for the US feasibility study for its joint venture with CoTec Holdings Corp, HyproMag Ltd, has started, with completion targeted for mid-2024.

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