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Share Price Information for Melrose (MRO)

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Share Price: 607.60
Bid: 607.20
Ask: 607.60
Change: 4.60 (0.76%)
Spread: 0.40 (0.066%)
Open: 605.40
High: 612.00
Low: 604.00
Prev. Close: 603.00
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EXECUTIVE CHANGES: Melrose Industries adds two non-executives to board

Fri, 09th Apr 2021 13:44

(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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Melrose Industries PLC - industrial turnaround specialist - Hires Heather Lawrence and Victoria Jarman to board as non-executive directors, effective from June 1. Lawrence is currently the managing director of a large European family office, and recently was a non-executive director at FlyBe Group PLC. Jarman is currently a non-executive director at Signature Aviation PLC, Great Portland Estates PLC and Entain PLC.

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Directa Plus PLC - London-based producer of graphene nanoplatelets-based products for consumer and industrial use - Appoints Giorgio Bonfanti as chief financial officer, who will take up the position at the end of May. It is intended he will join the board in due course. He has been working for accountancy firm PwC since 2014. "His most recent role was as a senior manager in their Deals practice, which is focussed on assistance with stock exchange listings, due diligence, company valuations, business plans, financial restructuring and accounting audits," Directa Plus notes.

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Equals Group PLC - London-based payments and e-banking firm - Appoints Christopher Bones as non-executive director with immediate effect. He has held senior executive positions at companies including distiller Diageo PLC and Cadbury.

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Webis Holdings PLC - Isle of Man-based gaming firm - Appoints Richard Roberts as non-executive director. He has "extensive experience" of the online sports entertainment industry, firm says, with his track record including time as a director of global sports entertainment company Sportech PLC.

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SEEEN PLC - London-based social media technology firm - Says Non-Executive Mike Kelly stepping down from the board with immediate effect due to increased time commitments at his other pre-existing directorships. Firm will appoint another independent non-executive director in the near term.

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IronRidge Resources Ltd - African-focused minerals exploration company - Hires Mark Schild as full-time financial controller. He is a chartered accountant with over 20 years' experience working at a senior finance level mainly in financial institutions and "fast paced technology businesses".

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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10 May 2023 11:59

LONDON MARKET MIDDAY: Stocks down ahead of US inflation data

(Alliance News) - Stock prices in London were lower at midday on Wednesday, as investors nervously look ahead to a key US inflation reading which "could easily turn markets upside down."

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10 May 2023 09:40

LONDON BROKER RATINGS: Peel Hunt raises Wetherspoon to 'add'

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

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10 May 2023 09:12

LONDON MARKET OPEN: FTSE 100 flat; Melrose up as focuses on aerospace

(Alliance News) - Early trading was cautious in London on Wednesday, as investors look ahead to inflation data from the US, as well as a key interest rate decision from the Bank of England on Thursday.

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10 May 2023 08:41

TOP NEWS: Melrose revenue grows and to focus solely on aerospace

(Alliance News) - Melrose Industries PLC on Wednesday said it has made a strong start to 2023 and the company announced a departure from its industrial turnaround strategy, focusing on just aerospace instead for now.

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10 May 2023 07:55

LONDON BRIEFING: Compass sets share buyback; Melrose ups outlook

(Alliance News) - The FTSE 100 is expected to open marginally higher on Wednesday, following positive updates from some UK blue-chip companies and ahead of a US consumer price index reading.

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10 May 2023 07:49

Melrose trading 'materially ahead' of expectations

(Sharecast News) - Melrose Industries said on Wednesday that it was trading "materially ahead" of expectations, with significant growth in revenue, profit and margin, as it issued new guidance for the full year.

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27 Apr 2023 15:03

IN BRIEF: Dowlais non-executive director buys GBP52,000 in shares

Dowlais Group PLC - London-based spin-off of Melrose Industries PLC composed of GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses - Non-Executive Director Celia Frances Baxter buys 41,275 shares at GBP1.26, worth GBP51,999, on Wednesday. On Monday, the three top leaders of Dowlais - the chair, chief executive officer and chief financial officer - had bought 1.8 million shares worth GBP2.2 million.

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26 Apr 2023 09:27

LONDON BROKER RATINGS: Whitbread and AB Foods get price target hikes

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

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25 Apr 2023 15:10

DIRECTOR DEALINGS: Dowlais team buy GBP2.2 million worth after debut

(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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24 Apr 2023 13:15

Citi resumes coverage of Melrose with a 'buy'

(Sharecast News) - Citi has resumed coverage of Melrose Industries with a 'buy' rating, in a note published on Monday.

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21 Apr 2023 17:07

LONDON MARKET CLOSE: Europe up but New York set for tepid end to week

(Alliance News) - Blue-chip stocks in Europe closed higher on Friday, though the FTSE 100 underperformed, held back by its mining sector.

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21 Apr 2023 13:47

IN BRIEF: Melrose spin-off Dowlais to slot into FTSE 250 next week

Dowlais Group PLC - engineering group focused on the automotive sector - Dowlais to become a FTSE 250 constituent from next week Tuesday, index operator FTSE Russell says on Thursday. Melrose Industries PLC on Thursday said it completed the demerger of the GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses from the company into Dowlais. Shares in Dowlais were admitted to the premium listing segment of the Official List of the UK Financial Conduct Authority and to trading on the London Stock Exchange's Main Market.

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21 Apr 2023 12:12

LONDON MARKET MIDDAY: Stocks mixed; new listing Dowalis tops FTSE 100

(Alliance News) - Stock prices in London were mixed at midday on Friday as uneven growth in the UK private sector suggested to markets that another rate hike by the Bank of England next month is an "increasingly done deal".

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20 Apr 2023 17:04

LONDON MARKET CLOSE: FTSE directionless but European carmakers slump

(Alliance News) - London's FTSE 100 closed flat on Thursday, paring earlier losses and outperforming European peers, which were dragged lower by share price slumps for automotive firms.

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20 Apr 2023 15:07

IN BRIEF: Melrose Industries COO buys shares as part of bonus deferral

Melrose Industries PLC - Birmingham-based buyer, manager and seller of manufacturing businesses - Alice Dilnot, wife of Chief Operating Officer Peter Dilnot, buys 32,111 shares at GBP3.80, worth GBP121,970, on Thursday. The purchase is part of a bonus deferral scheme, under which COO Dilnot must use 50% of his 2022 bonus after tax to buy shares held for at least two years. Dilnot now is interested in 65,444 Melrose shares.

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