Roundtable Discussion; The Future of Mineral Sands. Watch the video 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

UK EXECUTIVE CHANGE SUMMARY: Premier Oil And DP Poland Board Changes

Thu, 07th Jan 2021 16:02

(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:

----------

Premier Oil PLC - oil and gas company with operations in countries including Mexico, the UK, Vietnam, and Brazil - Appoints three additional directors to board, subject to completion of its proposed merger with Chrysaor Holdings Ltd. All will be independent non-executive directors. Alan Ferguson was finance director of Lonmin, BOC Group and Inchcape PLC. He currently is a non-executive director of AngloGold Ashanti Ltd and of Marshal Motor Holdings PLC, where he is senior independent director. Margareth Ovrum left Equinor this month after working for the Norwegian energy company and its predecessor companies since 1982. She currently is a non-executive director of oil field services firm TechnipFMC PLC. Andy Hopwood retired from BP PLC at the end of last year, having been chief operating officer of Upstream.

----------

DP Poland PLC - Domino's Pizza franchisor in Poland - Piotr Dzierzek joins the board on Friday as chief executive officer, together with two new non-executive directors, Przemyslaw Glebocki and Jakub Chechelski. At the same time, Gerry Ford and Chris Moore resign as non-executive directors. The changes are confirmed after Thursday's general meeting approves issue of 327.5 million new shares for the purchase of Dominium SA, a Polish pizza restaurant group, from Malaccan Holdings Ltd. Malaccan will have 45% of the newly enlarged total shares of DP Poland.

----------

Versarien PLC - Cheltenham, Gloucestershire-based advanced materials engineering - Promotes Stephen Hodge to chief technology officer and board member from head of Research. Hodge had joined Versarien from Cambridge Graphene Ltd in 2018.

----------

Surgical Innovations Group PLC - Leeds-based technology for minimally invasive surgery - Adam Power will retire as development director at the end of 2021 but remain as a non-executive director until the end of 2022.

----------

Okyo Pharma Ltd - London-based biotech firm focused on inflammatory dry eye diseases and chronic pain - Gabriele Cerrone hired as non-executive chair and Gary Jacob as CEO and executive director. Cerrone is founder and executive chair of AIM-listed Tiziana Life Sciences PLC, and he co-founded Nasdaq-listed Cardiff Oncology Inc. He also was co-founder and chair of Synergy Pharmaceuticals Inc and Callisto Pharmaceuticals Inc. Jacob was co-founder, CEO and chair of Synergy and the former CEO of Nasdaq and ASX-listed Immuron Ltd.

----------

Pembroke VCT PLC - venture capital trust focused on companies in design, education, food, beverage & hospitality, wellness, digital services, and media - Hires Mark Stokes and Louise Wolfson as non-executive directors, effective from Friday last week. Stokes is chief commercial officer of London-based specialist lender United Trust Bank and previously was a managing director at Lloyds Corporate & Commercial Banking, part of Lloyds Banking Group PLC, Williams & Glyn, and Metro Bank PLC. Wolfson is a corporate lawyer who was a partner at Allen & Overy LLP and Pinsent Masons LLP.

----------

Edge Performance VCT PLC - venture capital trust - Confirms that Robin Miller stepped down as non-executive director on Thursday last week.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
5 Jun 2020 07:59

Premier Oil amends terms for BP acquisitions

(Sharecast News) - Premier Oil announced amended terms for the acquisition of the Andrew Area and Shearwater assets, or the 'BP acquisitions', with cash payable at completion reducing to $210m (£165.98m).

Read more
5 Jun 2020 07:42

Premier Oil agrees deal with top creditor ARCM over buying BP assets

LONDON, June 5 (Reuters) - Premier Oil will issue discounted shares to activist hedge fund ARCM representing 8.91% of the company to pay for North Sea assets from BP, which agreed to reduce the price, Premier said on Friday.ARCM, which owns around...

Read more
13 May 2020 14:47

Premier Oil outlook is uncertain, Berenberg says

(Sharecast News) - Premier Oil's outlook is unclear after a mixed trading statement, Berenberg analysts said as they kept their 'hold' rating on the company's shares.

Read more
13 May 2020 13:42

Wednesday broker round-up

(Sharecast News) - Rathbone Brothers: Canaccord upgrades to buy with a target price of 1,846p.

Read more
13 May 2020 11:56

Premier Oil Lowers Annual Output Guidance As Virus Hurts Operations

Premier Oil Lowers Annual Output Guidance As Virus Hurts Operations

Read more
13 May 2020 09:13

UPDATE 2-London stocks drop as economy shrinks at record pace in March

(For a live blog on European stocks, type LIVE/ in an Eikon news window)* First-quarter GDP falls 2%, likely to worsen in April* Aston Martin plunges as lockdowns hammer demand* FTSE 100 down 1.5%, FTSE 250 off 1.8% (Adds comments, updates prices t...

Read more
13 May 2020 08:54

Premier Oil expects to be cash flow neutral in 2020

(Sharecast News) - Premier Oil said it expected to be cash flow neutral in 2020 as hedges against falling oil prices help support its finances.

Read more
13 May 2020 08:33

UPDATE 2-Premier Oil in talks with BP to cut price for North Sea oilfields

(Releads, adds quotes, background)By Shadia NasrallaLONDON, May 13 (Reuters) - Premier Oil is asking BP to cut the sale price of two North Sea oilfields in a proposed $625 million deal due to weak oil prices, Chief Executive Tony Durrant said on W...

Read more
13 May 2020 07:45

UPDATE 1-Premier oil expects to be cash flow neutral in 2020

(Adds quotes, background)By Shadia NasrallaLONDON, May 13 (Reuters) - Oil and gas producer Premier Oil said on Wednesday that it expects to be free cash flow neutral this year due to weak oil prices, adding it would engage with stakeholders over e...

Read more
12 May 2020 16:04

Petrobras again delays Garoupa oilfield offer as faces new setbacks - sources

By Gram SlatteryRIO DE JANEIRO, May 12 (Reuters) - Petrobras has delayed the submission of binding offers for an oilfield cluster known as Polo Garoupa for a fourth time, two sources with knowledge of the matter told Reuters, as investor appetite ...

Read more
5 May 2020 15:49

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
1 May 2020 14:04

Rockhopper Exploration Says Sea Lion Pact Deadline Pushed Back

Rockhopper Exploration Says Sea Lion Pact Deadline Pushed Back

Read more
29 Apr 2020 14:52

Court allows Premier Oil to delay debt repayment, raise equity for BP deal

LONDON, April 29 (Reuters) - A British court on Wednesday approved Premier Oil's plans to extend debt maturities by two years and raise up to $500 million in equity to buy North Sea assets from BP and others, but the deal depends on market condit...

Read more
29 Apr 2020 13:29

Wednesday broker round-up

(Sharecast News) - Cairn Energy: Berenberg downgrades to hold with a target price of 130p.

Read more
29 Apr 2020 09:29

UK BROKER RATINGS SUMMARY: Citi Boosts Royal Mail To Buy From Sell

UK BROKER RATINGS SUMMARY: Citi Boosts Royal Mail To Buy From Sell

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.