The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPMO.L Share News (PMO)

  • There is currently no data for PMO

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EXECUTIVE CHANGES: F&C Investment Trust hires CBI chief economist

Mon, 29th Mar 2021 15:13

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

----------

F&C Investment Trust PLC - aims for long-term growth and income by investing in listed equities globally - Appoints Rain Newton-Smith as independent non-executive director, starting May 11. Newton-Smith will replace Roger Bone, who is retiring. She is chief economist at the Confederation of British Industry. Previous to the CBI, she was head of Emerging Markets at Oxford Economics. FTSE 250-listed F&C Investment Trust bills itself as the world's oldest collective investment scheme, having launched in 1868.

----------

Spirent Communications PLC - Crawley, England-based provider of testing, analytics and security for telecommunications networks - Appoints Maggie Buggie as non-executive director with effect on April 29. Buggie is currently chief business offer at SAP Services, which is part of Walldorf, Germany-based enterprise software developer SAP SE.

----------

Vesuvius PLC - London-based molten metal flow engineering - Hires Dinggui Gao as non-executive director, starting on Thursday. He currently is managing director of China for Formel D Group, a German service provider to the automotive and components supply industry.

----------

e-Therapeutics PLC - Oxford, England-based computer-based drug discovery - Hires Karl Keegan as chief financial officer, effective immediately. Keegan was most recently chief executive officer of privately held Hox Therapeutics Ltd.

----------

Okyo Pharma Ltd - London-based biotechnology company focused on treatments of inflammatory dry eye diseases and ocular pain - Hires Rajkumar Patil as chief scientific officer. Says Patil has 30 years of ophthalmic and pharmaceutical research and development experience, including with Ora Inc and iVeena Delivery Systems. He also worked at the Alcon/Novartis Institute of Biomedical Research.

----------

Serinus Energy PLC - oil and gas exploration and production in Tunisia and Romania - Dawid Jakubowicz resigns immediately from board, while Eleanor Barke won't stand for re-election to the board at the May 13 annual general meeting. In their place, Serinus hires Natalie Fortescue and Jon Kempster. Fortescue was an investment banker at Investec and Oriel Securities. She joined Genel Energy PLC to establish the investor relations department and also worked with Premier Oil PLC on its reverse takeover by Chrysaor Energy Ltd. Kempster has held CFO positions at companies including London listings Frasers Group PLC and Wincanton PLC, and he currently is interim CFO of FireAngel Safety Technology Group PLC. Kempster also currently is a non-executive director of Bonhill Group PLC, Redcentric PLC and Ted Baker PLC.

----------

Fragrant Prosperity Holdings Ltd - seeking acquisition in cannabis therapeutics - Hires Daniel Reshef as non-executive director starting on Wednesday. Reshef has had a 25-year career in drug development, including with Hoffman La Roche, Genentech and Bristol Myers Squibb Co.

----------

French Connection Group PLC - London-based fashion retailer - Hires Neil Page as independent non-executive director. Page was CFO of retailer Carpetright PLC. French Connection entered a formal sales process at the beginning of month after receiving two separate takeover approaches.

----------

Braveheart Investment Group PLC - makes strategic investments in companies it thinks will outperform - Jonathan Freeman steps down as non-executive director "to devote more time to his other business interests". Starts process for finding a new non-executive director.

----------

Arix Bioscience PLC - venture capital investor in biotech companies - Pauses hire of James Noble and Axel Wieandt as non-executive directors, citing recently announced strategic review, which encompasses board composition.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
6 Oct 2020 08:02

UPDATE 4-Chrysaor to take over Premier Oil, creating UK North Sea's biggest producer

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group* FACTBOX on North Sea oil's changing owners...

Read more
6 Oct 2020 08:02

UPDATE 5-Chrysaor to take over Premier Oil, creating UK North Sea's biggest producer

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group* FACTBOX on North Sea oil's changing owners...

Read more
6 Oct 2020 08:02

UPDATE 3-Chrysaor to take over Premier Oil, paying off Premier creditors

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group (Adds details on payment for creditors)By ...

Read more
6 Oct 2020 08:02

UPDATE 2-Chrysaor to take over Premier Oil, paying off Premier creditors

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group (Adds graphics, comment, detail)By Shadia ...

Read more
6 Oct 2020 08:02

UPDATE 1-Premier Oil agrees to merge with Chrysaor, pay off creditors

* Merger will create biggest UK N. Sea oil, gas producer* Premier had $1.9 bln in net debt* Reverse takeover would retain Premier's London listing* Premier shareholders expected to own under 6% of new group (Adds detail, background)Oct 6 (Reuters) -...

Read more
6 Oct 2020 07:55

LONDON BRIEFING: BHP To Increase Stake In Gulf Of Mexico Development

LONDON BRIEFING: BHP To Increase Stake In Gulf Of Mexico Development

Read more
6 Oct 2020 07:44

LIVE MARKETS-On our radar: M&A music, Lufthansa's cash burn, UK pubs

* European stock futures up slightly* Trump returns to the White House* Asia shares hit 2-week high Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with J...

Read more
6 Oct 2020 07:43

LONDON MARKET PRE-OPEN: Watches Of Switzerland Ups Full-Year Guidance

LONDON MARKET PRE-OPEN: Watches Of Switzerland Ups Full-Year Guidance

Read more
1 Oct 2020 10:27

Premier Oil Creditors Agree To Waive Covenants Until Early November

Premier Oil Creditors Agree To Waive Covenants Until Early November

Read more
1 Oct 2020 10:26

UPDATE 1-Premier Oil creditors extend debt test waiver to Nov. 5

* Creditors poised to choose future path for Premier* Potential Chrysaor deal still on table* Little interest in debt auction at 72 cents/dollar -source (Adds detail on ARCM debt auction, alternative deal)By Shadia Nasralla and Clara DeninaLONDON, O...

Read more
1 Oct 2020 07:24

Premier Oil creditors extend debt test waiver to Nov. 5

LONDON, Oct 1 (Reuters) - Creditors of North Sea-focused Premier Oil have extended a waiver for the group's debt covenant test until Nov. 5, giving it breathing space to avoid a debt crunch, the company said on Thursday.Premier needs to convince a...

Read more
25 Sep 2020 18:48

Premier Oil seeks new covenant waiver extension - source

LONDON, Sept 25 (Reuters) - Premier Oil is asking debt holders to extend a waiver on its borrowing terms beyond Sept. 30 while it tries to convince at least 75% of its creditors to back a plan to raise fresh equity, a source with knowledge of the...

Read more
23 Sep 2020 16:35

Premier Oil seeks another price cut for BP North Sea deal -sources

* Premier wants to lower deal price by $70-$80 mln -sources* BP agreed in June to sweeten terms of dealBy Clara Denina and Ron BoussoLONDON, Sept 23 (Reuters) - Struggling oil and gas producer Premier Oil has begun talks with BP to lower for the s...

Read more
21 Sep 2020 13:04

Hedge fund ARCM to sell $200 mln of Premier Oil debt -sources

By Clara DeninaLONDON, Sept 21 (Reuters) - Premier Oil's biggest lender, hedge fund Asia Research and Capital Management (ARCM), plans to auction $200 million of the energy producer's debt ahead of a $530 million equity raise by the company, three...

Read more
17 Sep 2020 18:22

UPDATE 1-Premier Oil receives indicative support of $325 mln for capital increase -source

(Adds details)LONDON, Sept 17 (Reuters) - Premier Oil has received indicative, non-binding support in excess of a targeted $325 million for a capital increase linked to a debt restructuring, a source with knowledge of the matter said.The company n...

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.