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EXECUTIVE CHANGES: Hunter Eleco's Permanent CEO; 600 Group CFO Leaves

Wed, 10th Feb 2021 15:25

(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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Eleco PLC - construction software firm - Says Jonathan Hunter, who took on the role of interim chief executive back in September, has been appointed CEO on a permanent basis. Hunter was appointed to the board in June 2016, having held a number of senior management positions within Eleco since joining in 2010. He was appointed COO in 2017 prior to his appointment as interim CEO.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Says Chief Financial Officer Mitch Krasny steps down as a director with immediate effect by mutual agreement. A formal process to identify a successor has been initiated.

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GCP Infrastructure Investments Ltd - focuses primarily on investments in UK infrastructure debt - Says that, following conclusion of Wednesday's annual general meeting, Non-Executive Director David Pirouet has retired. Company appoints Steven Wilderspin, effective Wednesday. Wilderspin is currently a non-executive director at Blackstone Loan Financing Ltd and HarbourVest Global Private Equity Ltd.

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Mineral & Financial Investments Ltd - Cayman Islands-based investment company specialising in junior mining companies - Adds Mark Brown, president of Pacific Opportunity Capital Ltd, to the board as chair. Jacques Vaillancourt will assume the role of president, chief executive & director of the company.

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W Resources PLC - tungsten, tin and gold mining company - Says Non-Executive Director Oscar Marin Garcia will step down from the board on Friday to focus on increased commitments in his business. The search for a new non-executive is underway. Garcia says: "Whilst my current commitments mean I am unable to remain on the board of directors, I remain a strong advocate of W Resources and its operations in Spain and I intend to retain my beneficial shareholding in the company."

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Nuformix PLC - pharmaceutical development firm based in London - Says Chris Blackwell has resigned as non-executive chair and director of the company with immediate effect "due to personal reasons that require his immediate attention". A process to appoint a new chair will start immediately.

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Smith & Nephew PLC - medical devices manufacturer - Appoints John Ma as a non-executive director. Since 2019, he has served as chief executive & chair of Ronovo Surgical, a start-up soft tissue surgical robotics business he founded. "We are delighted to have secured a Board colleague with John's track record growing medical device businesses across China and the wider region," says Smith & Nephew Chair Roberto Quarta.

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Ground Rents Income Fund PLC - real estate investment trust - Appoints Barry Gilbertson as a non-executive director, effective Wednesday. He was recently appointed as executive chair of Custodian Capital Ltd, a subsidiary of Mattioli Woods PLC, in January. Adds that Malcolm Naish has informed the board he intends to retire as chair and a non-executive director at the company's next annual general meeting. It is intended Gilbertson will success Naish on his retirement.

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Atalaya Mining PLC - Cyprus-based copper producer - Appoints Neil Gregson, who has over 30 years' experience of investing in mining and oil and gas companies, as a non-executive director. From 2010 to 2020 he was a Managing Director at JP Morgan Asset Management where, as a member of the equity team, he was a portfolio manager investing in mining and energy companies globally.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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28 Jul 2022 16:14

EXECUTIVE CHANGES: Cohort co-founder out; Nuformix co-founder back

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

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28 Jul 2022 15:01

EARNINGS UPDATES: Alliance Trust beats benchmark and ups dividend

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

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29 Jun 2022 12:25

IN BRIEF: Nuformix shares rise as progresses with cancer programme

Nuformix PLC - London-based pharmaceutical development firm focused on fibrosis and oncology via drug repurposing - Starts to scale-up the production processes of lead cocrystals for its cancer programme NXP004, focused on the treatment for advanced ovarian cancer. Firm aims to develop new forms of Olaparib, "currently marketed by AstraZeneca PLC, under the Lynparza brand name," Nuformix explains. First approved in 2014 for advanced ovarian cancer, it has since received "similar approvals in breast, pancreatic and prostate cancers with further trials on-going."

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27 Jun 2022 21:51

TRADING UPDATES: Anglo-Eastern Plantations sees palm oil prices rise

(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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31 May 2022 12:41

Nuformix Executive Chair Alastair Riddell resigns after one year

(Alliance News) - Nuformix PLC on Tuesday said Executive Chair Alastair Riddell has resigned with immediate effect.

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30 May 2022 11:54

IN BRIEF: Nuformix shares plunge on inconsistent repeat study results

Nuformix PLC - London-based pharmaceutical development firm focused on fibrosis and oncology via drug repurposing - Says the contract research organisation undertaking the final planned pre-clinical study for its NXP002 treatment had a protocol failure, which has voided the study. Says the organisation repeated the study and recorded results that were inconsistent with the first in vivo study at all time points and also with the oral control. Notes that no positive or negative conclusions could be drawn from this study.

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30 May 2022 11:13

SMALL-CAP WINNERS & LOSERS: Foxtons finds new CEO; S4 revenue surges

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

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28 Mar 2022 19:18

IN BRIEF: Nuformix NXP004 patent application reaches publication phase

Nuformix PLC - London-based pharmaceutical development firm focused on fibrosis and oncology via drug repurposing - Says patent application for key asset NXP004 had progressed to the publication phase. NXP004 is a new formulation of Olaparib, which is used to treat ovarian, breast and pancreatic cancers currently marketed by FTSE 100-listed AstraZeneca PLC, under the name Lynparza. The patent application, which was made in September 2020, covers new olaparib oxalic acid cocrystals, their therapeutic uses and pharmaceutical compositions containing them. A second patent application was filed last November which remains pending.

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8 Feb 2022 13:58

TRADING UPDATES: Round Hill Music buys Alice In Chains catalogue

TRADING UPDATES: Round Hill Music buys Alice In Chains catalogue

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8 Feb 2022 10:52

SMALL-CAP WINNERS & LOSERS: Nuformix jumps as partner inks contract

SMALL-CAP WINNERS & LOSERS: Nuformix jumps as partner inks contract

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14 Dec 2021 18:01

TRADING UPDATES: Cohort interim loss widens, Yourgene loss narrows

TRADING UPDATES: Cohort interim loss widens, Yourgene loss narrows

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25 Nov 2021 16:23

IN BRIEF: Nuformix notes positive results for inhaled NXP002 dose

IN BRIEF: Nuformix notes positive results for inhaled NXP002 dose

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12 Nov 2021 12:11

TRADING UPDATES: Princess exits Taco Bell; Nuformix files patent

TRADING UPDATES: Princess exits Taco Bell; Nuformix files patent

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12 Nov 2021 10:54

SMALL-CAP WINNERS & LOSERS: Avon Protection plates face approval delay

SMALL-CAP WINNERS & LOSERS: Avon Protection plates face approval delay

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9 Nov 2021 15:30

CORRECT: Nuformix Chair Alastair Riddell to move to executive chair

CORRECT: Nuformix Chair Alastair Riddell to move to executive chair

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