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EXECUTIVE CHANGES: Former Standard Life, Lloyd's CFO to be Numis chair

Tue, 10th Aug 2021 14:29

(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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Numis Corp PLC - London-based stockbroker and investment bank - Promotes Non-Executive Director Luke Savage to chair, replacing Alan Carruthers at the February 2022 annual general meeting. Savage is the former chief financial office of insurer and asset manager Standard Life PLC, now known as abrdn PLC, and of insurance marketplace Lloyd's of London Corp. He currently is non-executive chair of pensions provider Chesnara PLC and a non-executive director of law firm DWF Group PLC. Outgoing chair Carruthers has been in post since early 2017.

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Science Group PLC - Cambridge, England-based science-led services and product development - Confirms earlier plan to appoint Financial Controller Jon Brett as acting finance director and to the board. Brett, an accountant, joined Science Group in March of last year. Science Group had said in July that Chief Financial Officer Sameet Vohra would resign from the board at the end of that month and leave the company at the end of September. Science Group separately on Tuesday said it wrote to TP Group PLC on Monday to encourage the consulting, software and engineering company to consider accepting a strategic investment or potential merger.

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RUA Life Sciences PLC - Glasgow-based medical devices using polymer technology and formerly known as AorTech International - Promotes Chief Operating Officer Caroline Stretton to managing director from the annual general meeting on August 31. Stretton's promotion comes as David Richmond plans to retire as chief executive officer at the same time. Richmond was founder of RUA Medical Devices, which was acquired in April last year, and then became group CEO. Stretton was recruited by RUA Medical in 2018 to be CEO and became group COO after the acquisition. Matthew Litton, currently chief technical officer of RUA Medical is promoted to group director for Research & Development, a new non-board role, and RUA also is seeking to fill a new role of head of Clinical & Regulatory Affairs, as well as the role of CFO.

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4imprint Group PLC - London-based direct marketer of promotional merchandise - Hires Lindsay Beardsell and Jaz Rabadia as independent non-executive directors, starting September 1. Beardsell is general counsel for food ingredients maker Tate & Lyle PLC, and Rabadia is director of Energy, Sustainability & Social Impact at flexible office space provider WeWork, and previously worked at coffee shop chain Starbucks Corp and grocer J Sainsbury PLC.

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Murray International Trust PLC - global equities investment managed by Aberdeen Standard - Chair Simon Fraser dies on Monday after short illness, having served on the board since May of last year and as chair since April of this year. Senior Independent Director David Hardie will be interim chair, and Non-Executive Director Alexandra Mackesy will be senior independent director. Fraser also was a non-executive director of Impax Environmental Markets PLC.

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Love Hemp Group PLC - London-based cannabidiol products supplier - Hires James Ward as non-executive director, replacing Kevin Ernest, both immediately. Love Hemp notes Ward is an accountant who sold his professional services business Whale Rock to Capita PLC in 2012.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Numis first half hit by challenging market conditions

(Alliance News) - Numis Corp PLC said on Friday its first half performance was hurt by tricky macroeconomic conditions against a record comparator a year prior.

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Numis confident in outlook after weaker first half

(Sharecast News) - Numis reported a 39% improvement in advisory revenues in its half-year results on Friday as it worked to diversify its investment banking business, although total revenue was down 35.8% to £74.2m.

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29 Apr 2022 16:04

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Monday 2 May 
no events scheduled 
Tuesday 3 May 
Blackrock Greater Europe Investment Trust PLCHalf Year Results
BP PLCQ1 Results
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Card Factory PLCFull Year Results
Cardiff Property PLCHalf Year Results
Intelligent Ultrasound Group PLCFull Year Results
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Aston Martin Lagonda Global Holdings PLCQ1 Results
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Flutter Entertainment PLCQ1 Results
International Personal Finance PLCTrading Statement
JD Wetherspoon PLCTrading Statement
Johnson Service Group PLCTrading Statement
OSB Group PLCTrading Statement
Personal Group Holdings PLCTrading Statement
Schroder Oriental Income Fund LtdHalf Year Results
Smiths News PLCHalf Year Results
Tribal Group PLCTrading Statement
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WANdisco PLCFull Year Results
Thursday 5 May 
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AIB Group PLCTrading Statement
Barratt Developments PLCTrading Statement
Derwent London PLCTrading Statement
Domino's Pizza Group PLCTrading Statement
Endeavour Mining PLCQ1 Results
Hansard Global PLCTrading Statement
Helios Towers PLCQ1 Results
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IMI PLCTrading Statement
James Fisher & Sons PLCTrading Statement
John Wood Group PLCTrading Statement
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Mondi PLCTrading Statement
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Morgan Sindall Group PLCTrading Statement
Next PLCTrading Statement
Rathbones Group PLCTrading Statement
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Virgin Money UK PLCHalf Year Results
Vitec Group PLCTrading Statement
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InterContinental Hotels Group PLCQ1 Results
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Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
1 Apr 2022 09:32

IN BRIEF: Numis interim trading due to fall below expectations

Numis Corp PLC - London-based investment bank - Says revenue in its financial first half, which ends March 31, is now expected to be 36% below the previous year's figure at GBP74 million. Says performance within the Investment Banking division was hit by a decline in equity capital markets activity, despite a strong revenue performance from M&A and Growth Capital Solutions. Within the Equities division, challenging market conditions in recent weeks have hurt the profitability of the company's trading book. As a result, Equities revenue for the first half is expected be around 20% below the previous year.

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1 Apr 2022 07:50

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(Alliance News) - Stocks in London got off to a positive, albeit cautious, start on Friday with investor focus lying on a US labour market update later in the day.

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1 Apr 2022 07:48

Numis interim revenues more than a third below H121 levels

(Sharecast News) - Investment banking group Numis Corporation said first-half revenues were expected to be roughly £74.0m, approximately 36% below its record interim performance a year earlier.

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1 Apr 2022 06:49

LONDON MARKET PRE-OPEN: Sanne loss widens on Apex takeover costs

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24 Feb 2022 15:00

IN BRIEF: Numis adds Flutter Entertainment risk officer to board

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8 Feb 2022 11:46

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8 Feb 2022 10:04

Numis suffers from investor jitters over inflation and interest rates

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8 Feb 2022 09:11

Inflation and interest rates dampen second quarter for Numis

(Sharecast News) - Numis said in a trading update on Tuesday that revenue for its first quarter was in line with the "strong" second half performance of the 2021 financial year.

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4 Feb 2022 16:11

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

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