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Pin to quick picksR8 Capital Inv Share News (MODE)

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EXECUTIVE CHANGES: GCP Infrastructure picks Rothschild banker as chair

Wed, 01st Dec 2021 15:59

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

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GCP Infrastructure Investments Ltd - invests in UK infrastructure projects with public sector-backed revenue to provide regular dividends - Hires Andrew Didham as non-executive director, starting December 17, with the plan that he will succeed Ian Reeves as chair in June next year. Didham was finance director for Rothschild Banking for 16 years. He is a non-executive director of IG Group Holdings PLC. He is the same at Charles Stanley Group PLC but will retire from that role on December 16, ahead of the wealth manager's takeover by Raymond James Financial Inc. Additionally, Paul De Gruchy will retire from the GCP Infrastructure board on December 17, having served for seven years.

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Britvic PLC - Hemel Hempstead, Hertfordshire-based soft drinks maker - Senior Independent Director Ian McHoul will retire from the board in May. His nine-year term ends in 2023, and he has agreed to step down early, Britvic says. Promotes William Eccleshare to senior independent director in his place. Also hires Emer Finnan as independent non-executive director, starting January 1. Finnan is president for Europe of Kildare Partners, a private equity firm based in London and Dublin. She is a non-executive director of cider-maker C&C Group PLC. Additionally, Suniti Chauhan will step down from the board at Britvic's January 27 annual general meeting.

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San Leon Energy PLC - oil and gas producer in Nigeria - Hires Julian Tedder as chief financial officer and executive director, starting immediately. Tedder was CFO at IGas Energy PLC and general manager for Finance at Tullow Oil PLC.

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Faron Pharmaceuticals Oy - Turku, Finland-based clinical stage biopharmaceuticals - Chief Medical Officer Matti Karvonen leaves immediately. Chief Development Officer Juho Jalkanen steps in as interim CMO while a search for a new CMO specialising in oncology is conducted.

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Spectral MD Holdings Ltd - London-based predictive analytics to improve decisions in wound care - Hires Nils Windler as CFO, starting this week. Windler was a vice president for Finance at industrial conglomerate 3M Co.

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CPPGroup PLC - Leeds-based products and services for financial services and insurance sectors - Hires Jeremy Miller as independent non-executive director, starting immediately. Miller is a chartered accountant who has worked at financial firms such as James Capel and Dresdner Kleinwort Wasserstein. He currently is a director of Gresham House Strategic PLC and InnovaDerma PLC.

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Mode Global Holdings PLC - bitcoin banking app based in London - Hires David Anderson as independent non-executive director, starting on Tuesday. Mode notes Anderson has 30 years of experience in the retail and hospitality sector and previously was a director of Mode subsidiary JGOO Ltd.

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Okyo Pharma Ltd - London-based biotechnology firm focused on dry eye diseases and chronic pain - Hires Bernard Denoyer as non-executive director, starting immediately. Denoyer was senior vice president for Finance & secretary of Nasdaq-listed Synergy Pharmaceuticals Inc. Additionally, promotes Willy Simon to senior non-executive director.

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Ethernity Networks Ltd - networking and security solutions provider based in Israel - Neil Rafferty resigns as independent non-executive director, stepping down on Wednesday. Ehternity will search for a new independent director.

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ECO Animal Health Group PLC - Surrey-based pet and livestock pharmaceuticals - Hires Tracey James as non-executive director, effective immediately. James was previously an audit partner at accountants Grant Thornton UK LLP. She is a non-executive director of recruitment firm Gattaca PLC.

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Comptoir Group PLC - London-based operator of Lebanese and eastern Mediterranean restaurants - Promotes Finance Michael Toon to board, effective immediately. Toon joined Comptoir back in October 2020.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
15 Mar 2024 19:45

IN BRIEF: R8 Capital targets August to complete Redwood acquisition

R8 Capital Investments PLC - London-based fintech with a bitcoin banking app - Expects the acquisition of Redwood Financial Partners Ltd, announced in November, to be completed by the end of August. Explains that the extended time frame is largely to accommodate an IFRS conversion exercise of Redwood Bank Ltd, RFPL's wholly-owned subsidiary, and to provide sufficient time for the Prudential Regulation Authority to provide consent to change of ownership, required under the transaction. Believes the deal is progressing well, although it remains subject to due diligence and regulatory approval.

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10 Nov 2023 15:10

R8 Capital plots July conclusion for Redwood acqusition

(Alliance News) - R8 Capital Investments PLC on Friday said it expects its acquisition of Redwood Financial Partners Ltd to be sealed around the start of July.

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2 Oct 2023 18:13

IN BRIEF: R8 Capital plots reverse takeover of Redwood Financial

R8 Capital Investments PLC - London-based fintech with a bitcoin banking app - Plans to buy Redwood Financial Partners Ltd, the parent company of Redwood Bank Ltd, a specialist business bank. Payment terms have not been finalised, but expects consideration will be in excess of GBP50 million. This will be satisfied entirely by the issue of new R8 shares. Further, intends to carry out a fundraising to be contributed to the bank as tier 1 regulatory capital. Redwood Bank is a specialist business bank and was launched in 2017. R8 explains should the acquisition complete, it would constitute a reverse take over under listing rules and the company would apply for the re-admission of its shares to the Official List and the Main Market of the London Stock Exchange. As a result, requests suspension of the company's listing from today.

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12 Sep 2023 14:25

TRADING UPDATES: FRP Advisory buys Wilson Field for GBP4.8 million

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

Read more
7 Sep 2023 15:46

UK shareholder meetings calendar - next 7 days

Friday 8 September 
Berkeley Group Holdings PLCAGM
Byotrol PLCAGM
Gear4Music PLCAGM
JLEN Environmental Assets Group LtdAGM
Kenmare Resources PLCEGM re proposed tender offer
Mid Wynd International Investment Trust PLCAGM
SVM UK Emerging Fund PLCAGM
Monday 11 September 
SDCL Energy Efficiency Income Trust PLCAGM
Tuesday 12 September 
DWF Group PLCGM re cash acquisition by Aquila Bidco Ltd
Northern Bear PLCAGM
RC365 Holding PLCAGM
Rockwood Strategic PLCAGM
Sure Ventures PLCAGM
Warehouse REIT PLCAGM
Wednesday 13 September 
BH Macro LtdAGM
Castelnau Group LtdAGM
Creightons PLCAGM
Eckoh PLCAGM
Glantus Holdings PLCEGM re takeover by Basware
Hornby PLCAGM
Marlowe PLCAGM
Worsley Investors LtdAGM
Thursday 14 September 
AEW UK REIT PLCAGM
Altitude Group PLCAGM
Auto Trader Group PLCAGM
Baker Steel Resources Trust LtdAGM
Belluscura PLCAGM
IG Design Group PLCAGM
Mode Global Holdings PLCAGM
Ryanair Holdings PLCAGM
Twenty Four Income Fund LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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21 Aug 2023 14:54

Mode Global Holdings to change name to R8 Capital

(Alliance News) - Mode Global Holdings PLC on Monday said it will be renamed to R8 Capital PLC.

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4 Jul 2023 13:44

Mode Global loss narrows and revenue falls; seeking future investment

(Alliance News) - Mode Global Holdings PLC on Tuesday said its annual loss narrowed as costs decreased, while revenue was hurt by a decline in its crypto business.

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17 Mar 2023 21:10

TRADING UPDATES: Literacy Capital nets gain from investment disposal

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

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17 Mar 2023 20:49

TRADING UPDATES: Literacy Capital nets gain from investment disposal

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

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26 Jan 2023 21:52

TRADING UPDATES: Proton wins order; Caerus Mineral sells assets

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

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19 Jan 2023 16:54

TRADING UPDATES: Mode Global considers sale; RPS takeover complete

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

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30 Nov 2022 20:46

TRADING UPDATES: Scholium profit grows; Honye Financial loss narrows

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

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18 Nov 2022 14:43

IN BRIEF: Mode Global assures shareholders after FTX collapse

Mode Global Holdings PLC - London-based fintech with a bitcoin banking app - Assures shareholders that it continues to hold itself to the highest standards of customer protection and transparency following the collapse of the Futures Exchange, which has sent "shock waves through the industry and will undoubtedly have damaged confidence in the short to medium term". Adds that it is confident that its business principles and model can be trusted by all stakeholders and that it operates a different business model from FTX.

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4 Nov 2022 20:38

TRADING UPDATES: SigmaRoc files patent; Griffin restarts operations

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

Read more
27 Oct 2022 16:59

IN BRIEF: Mode adds to platform with new cryptocurrency tokens

Mode Global Holdings PLC - London-based bitcoin banking app - Announces addition of new cryptoassets to platform. Ethereum is now available to buy and sell for all Mode app users, while Solana and Polkadot will follow in the next two weeks.

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