We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOTMP.L Share News (OTMP)

  • There is currently no data for OTMP

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EXECUTIVE CHANGE SUMMARY: Burford Capital Adds Independent Directors

Thu, 27th Feb 2020 17:56

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

----------

Burford Capital Ltd - The litigation finance firm adds Christopher Bogart, chief executive officer and a company founder, to the board, as proposed back in January. Also hires Robert Gillespie, most recently director general of the UK Takeover Panel, and John Sievwright, former chief operating officer for International at Merrill Lynch, as independent non-executive directors. Peter Middleton to step down as chair at 2021 annual general meeting, succeeded by Deputy Chair Steve Wilson. Burford said it will continue to refresh its board and expects to add a further independent director prior to the 2021 AGM. The company is seeking a US listing, and it said Thursday that if successful, it will look to add another US director. Burford was the target of a short-selling attack back in August of last year by Muddy Waters Capital LLC, which charged that Burford "is a poor business masquerading as a great one".

----------

OnTheMarket PLC - Property portal hires Rupert Sebag-Montefiore as independent non-executive director. Sebag-Montefiore served as chief executive officer of estate agent Savills PLC's principal UK subsidiary, as well as head of Global Residential.

----------

Laura Ashley Holdings PLC - Chief Executive Officer Kwan Cheong Ng steps down Thursday to become non-executive director. Had been expected to remain an executive director until end of April. Chief Operating Officer Katharine Poulter promoted to CEO.

----------

ConvaTec Group PLC - Hires Brian May as non-executive director from March 2. May was chief financial officer of Bunzl PLC from 2016 to 2019.

----------

RSA Insurance Group PLC - Alastair Barbour plans to step down as non-executive director in early October, having served nine years on the insurer's board. Clare Bousfield joins board on April 1 and will succeed Barbour as chair of audit committee in October.

----------

AFC Energy PLC - Company Secretary Graeme Lewis to become finance director as well.

----------

REACT Group PLC - Appoints Shaun Doak, managing director of REACT Specialist Cleaning Ltd, to board. Gill Leates moves from executive to non-executive chair. Both changes immediate.

----------

Open Orphan PLC - Chief Financial Officer Leo Toole added to board. Toole was interim CFO and then confirm as permanent earlier this month. He is a 20-year pharmaceuticals and medical technology veteran, having held senior finance positions at the US's Procter & Gamble Co and other multinationals.

----------

Frenkel Topping Group PLC - Elaine Cullen-Grant promoted from financial controller to the board as chief financial officer. Cullen-Grant succeeds Stephen Bentley, who retires on March 1.

----------

Dialight PLC - Karen Oliver and Gotthard Haug hired as non-executive directors from April 1. Oliver is former managing director of Johnson Matthey PLC's Chemicals business. Haug is executive chair of electronics repair and service provider Ivy Technology. Steve Good to step down as director from March 31.

----------

Baronsmead Second Venture Trust PLC - Tim Farazmand hired as independent non-executive director from May 1. Was chair of the British Venture Capital Association.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
12 Dec 2023 17:25

CoStar sends warning shot to Rightmove after sealing OnTheMarket deal

(Alliance News) - CoStar Group Inc on Tuesday fired a warning shot to UK online property website, Rightmove PLC, after announcing the acquisition of OnTheMarket PLC had been completed.

Read more
4 Dec 2023 21:22

IN BRIEF: OnTheMarket shareholders vote for GBP99 million takeover

OnTheMarket PLC - Aldershot, Hampshire-based property listing website - Says that shareholders voted for its takeover at its annual general meeting Monday. In October, OnTheMarket said it had agreed to a takeover from indirect CoStar Group Inc subsidiary CoStar UK Ltd for around GBP99 million. CoStar is a Washington, DC-based online real estate marketplace, information and analytics provider in the commercial and residential property sector. Says the special resolution was approved by 98% of shareholders.

Read more
28 Nov 2023 16:53

TRADING UPDATES: Upland Resources completes technical study at Sarawak

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

Read more
24 Nov 2023 11:46

OnTheMarket says independent adviser recommends takeover by CoStar

(Alliance News) - OnTheMarket PLC on Friday said that an independent proxy adviser recommended the company to be acquired by CoStar UK Ltd, a subsidiary of CoStar Group Inc.

Read more
9 Nov 2023 13:29

OnTheMarket's CoStar offer "not in UK national interest" - Brett Stone

(Alliance News) - OnTheMarket PLC's proposed GBP99 million takeover by CoStar Group Inc is "not in the UK's national interest", according to letters sent on Thursday by Brett Stone, an investor who offered to invest more than GBP50 million in OnTheMarket last year.

Read more
9 Nov 2023 12:48

Investment activist Brett Stone urges OnTheMarket shareholders to reject CoStar deal

(Sharecast News) - Investment activist Brett Stone on Thursday urged OnTheMarket shareholders to reject a £99m takeover by US commercial real estate information group CoStar, arguing the deal is "opportunistic" and "significantly" undervalues the company.

Read more
19 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks fall as risk sentiment remains downbeat

(Alliance News) - Stock prices in London closed lower Thursday, as investors were unable to shake off nerves around US interest rates, as well as the uncertain geopolitical situation in the Middle East.

Read more
19 Oct 2023 12:10

LONDON MARKET MIDDAY: Conflict worry and bond sell-off hurts stocks

(Alliance News) - Stock prices in Europe were lower heading into Thursday afternoon, with the fear that tensions between Israel and its Middle Eastern neighbours could reach a boiling point.

Read more
19 Oct 2023 11:14

OnTheMarket agrees to GBP99 million CoStar takeover, swings to loss

(Alliance News) - OnTheMarket PLC shares soared on Thursday after it agreed to a takeover from indirect CoStar Group Inc subsidiary CoStar UK Ltd for around GBP99 million.

Read more
19 Oct 2023 10:37

AIM WINNERS & LOSERS: OnTheMarket surges on CoStar takeover

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

Read more
19 Oct 2023 09:32

Rightmove tumbles as OnTheMarket agrees £99m takeover by CoStar

(Sharecast News) - Rightmove tumbled on Thursday after smaller rival OnTheMarket agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

Read more
19 Oct 2023 08:55

LONDON MARKET OPEN: Rentokil, Rightmove, Mondi weigh on FTSE 100

(Alliance News) - Stock prices in London opened lower on Thursday, amid some disappointing updates from large-cap companies, which added to a gloomy market sentiment amid rising US Treasury yields and growing consternation in the Middle East.

Read more
19 Oct 2023 07:57

OnTheMarket to be taken over by CoStar in £99m deal

(Sharecast News) - OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

Read more
19 Oct 2023 07:57

OnTheMarket to be taken over by CoStar in £99m deal

(Sharecast News) - OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

Read more
19 Oct 2023 07:57

OnTheMarket to be taken over by CoStar in £99m deal

(Sharecast News) - OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.