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EXECUTIVE CHANGE SUMMARY: Globalworth Founder To Focus On Exec Role

Mon, 16th Mar 2020 16:14

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

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Globalworth Real Estate Investments Ltd - Founder Ioannis Papalekas steps down from board but remains as chief executive officer. Chief Investment Officer Dimitris Raptis promoted to co-CEO as well, from deputy CEO, and will remain on the board. Raptis will be the main point of contact between the board and executive management. The move is to allow Papalekas to focus completely on managing the company amidst the Covid-19 pandemic, the company said. Globalworth also said it plans to added Martin Bartyzal to the board as non-executive director, representing CPI Property Group SA and Zakiono Enterprises Ltd.

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Oxford BioDynamics PLC - Appoints Jon Burrows as chief executive officer. Burrows joins from Oncology Partners, a consulting and clinical advisory firm that he co-founded. Previously was CEO of OncoPlex Diagnostics. Burrows replaces Christian Millar, the company's co-founder, who has been in the CEO job since 2007.

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TomCo Energy PLC - Non-Executive Director Stephen West promoted to non-executive chair, as Andrew Jones steps down as executive chair.

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United Utilities Group PLC - Sara Weller to step down as independent non-executive director at July 24 annual general meeting. Weller is joining the board of BT Group PLC before its AGM on July 16.

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Cineworld Group PLC - Helen Weir to step down as non-executive director at May AGM. Process is underway to appoint new independent non-exec.

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OPG Power Ventures PLC - Jeremy Beeton resigns as non-executive director with immediate effect. OPG had announced Beeton's plan to step in March down back in October. It continues to seek a replacement.

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PCF Group PLC - David Bull steps down as director from September after five years in the role "to further his executive ambitions in a new organisation".

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HML Holdings PLC - Anand Verma hired as non-executive director. Verma is chief executive officer of digital design firm Brilliant Basics.

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Dekel Agri-Vision PLC - Hires Aris Achy Brou as non-executive director, replacing Bernard Francois immediately. Ach Brou has been a futures and commodities trader at Citadel, BP, JP Morgan and Goldman Sachs. Achy Brou holds 21.3 million Dekel shares, 5.0% of total.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
5 Dec 2022 15:44

UK shareholder meetings calendar - next 7 days

Tuesday 6 December 
accesso Technology Group PLCGM re purchase of accesso shares
Brighton Pier Group PLCAGM
Croma Security Solutions Group PLCAGM
Gattaca PLCAGM
Greatland Gold PLCAGM
International Biotechnology Trust PLCAGM
MyHealthChecked PLCGM re proposed capital reduction
Rosslyn Data Technologies PLCAGM
Target Healthcare REIT PLCAGM
Wednesday 7 December 
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Europa Oil & Gas Holdings PLCAGM
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Thursday 8 December 
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Blackrock Greater Europe Investment Trust PLCAGM
Falanx Group LtdAGM
Fidelity Emerging Markets LtdAGM
Lok 'n Store Group PLCAGM
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Upland Resources LtdAGM
Westmount Energy LtdAGM
YouGov PLCAGM
Friday 9 December 
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Associated British Foods PLCAGM
Boston International Holdings PLCAGM
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Monday 12 December 
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PCF Group PLCGM re proposed cancellation of trading on AIM
  
Copyright 2022 Alliance News Ltd. All Rights Reserved.

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9 Nov 2022 20:42

TRADING UPDATES: PCF plans AIM exit; Harland & Wolff to refinance

(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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9 Nov 2022 11:19

AIM WINNERS & LOSERS: PCF and SourceBio plan AIM exit; Vela surges

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

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9 Nov 2022 09:22

Lender PCF to withdraw from UK market after rescue fails

PCF will not recommence lending

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9 Nov 2022 08:57

LONDON MARKET OPEN: Stocks falter on China Covid fears; US vote eyed

(Alliance News) - Stock prices in London opened on the back foot on Wednesday, amid declines in Asia and elsewhere in Europe as well, continuing what has been a negative week so far for the FTSE 100 index.

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5 Oct 2022 12:31

PCF Group suspends lending after Castle Trust pulls out of deal

(Alliance News) - PCF Group PLC on Wednesday said it will suspend "any new lending activities until further notice" after Castle Trust Capital PLC pulled out of an offer for the company on September 29.

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5 Oct 2022 10:51

PCF Group suspends all new lending activity

(Sharecast News) - Banking firm PCF Group announced the immediate suspension of all new lending activity on Wednesday, after Castle Trust Capital confirmed that it did not intend to make an offer for PCF.

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5 Oct 2022 10:51

PCF Group suspends all new lending activity

(Sharecast News) - Banking firm PCF Group announced the immediate suspension of all new lending activity on Wednesday, after Castle Trust Capital confirmed that it did not intend to make an offer for PCF.

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5 Oct 2022 10:30

AIM WINNERS & LOSERS: Serinus well disappoints; PCF tumbles

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

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30 Sep 2022 06:57

IN BRIEF: Castle Trust pulls out of deal for PCF Group

PCF Group - London-based specialist bank - Castle Trust Capital PLC confirms that it does not intend to make an offer for PCF Group. PCF Group has been in talks with Castle Trust, a London-based bank offering savings accounts and mortgage lending, about a possible all-share takeover. On Tuesday PCF Group had granted an extension to the put-up-or-shut-up deadline a third time, making it October 25.

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27 Sep 2022 22:07

TRADING UPDATES: Goldstone Resources hails results; PCF moves deadline

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

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20 Sep 2022 20:50

TRADING UPDATES: Gaming Realms, Northcoders revenue up; Boku wins deal

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

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23 Aug 2022 19:16

IN BRIEF: PCF Group says Castle Trust handed offer deadline extension

PCF Group PLC - London-based specialist bank - Grants another extension to the put-up-or-shut-up deadline for Castle Trust Capital PLC. Deadline extended to close of play on September 20. PCF has been in talks with Castle Trust about a possible all-share takeover. "The discussions are continuing to progress and agreement has been reached in principle on most of the key commercial terms of the possible offer," PCF said in July.

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18 Aug 2022 12:10

IN BRIEF: PCF signs debt sale framework agreement with Azzurro

PCF Group PLC - London-based specialist bank - Enters a debt sale framework agreement with Azzurro Associates Ltd. Under the agreement, which is valid for 36 months, PCF will be obliged to offer to sell to Azzurro for cash consideration defaulted receivables on a "right of first offer" basis. PCF adds that it has agreed on its first sale under this contract of defaulted receivables for net proceeds of GBP400,000 cash. The carrying value of this loan book was GBP310,000 on Wednesday.

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26 Jul 2022 13:49

IN BRIEF: Agreement in principle reached on Castle Trust bid for PCF

PCF Group PLC - London-based specialist bank - Grants a second extension to the put-up-or-shut-up deadline for Castle Trust Capital PLC, amid a tentative agreement on a takeover offer of PCF. Late last month, PCF agreed to extend the deadline for a formal offer to July 26, and on Tuesday it says this will be extended again to August 23. PCF has been in talks with Castle Trust about a possible all-share takeover. "The discussions are continuing to progress and agreement has been reached in principle on most of the key commercial terms of the possible offer," PCF says. Castle Trust is a London-based bank, offering savings accounts and mortgage lending.

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