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EXECUTIVE CHANGES: Fintel chair exits after 6 mos; Sanderson hires CFO

Wed, 29th Sep 2021 14:43

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

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Fintel PLC - Huddersfield, England-based - technology and support for retail financial services sector - Non-Executive Chair Gary Hughes steps down from board immediately, for "personal reasons", after only six months in post. Deputy Chair Ken Davy to be interim chair until a permanent successor is found.

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Tracsis PLC - Leeds-based traffic data & transportation services firm - Hires James Routh to be senior independent director, starting immediately. Routh is chief executive officer of fellow AIM listing AB Dynamics PLC, which provides testing systems and measurement products to the automotive market.

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Sanderson Design Group PLC - Buckinghamshire-based interior design and furnishings - Hires Mike Woodcock as chief financial officer, starting November 1. Current CFO Michael Williamson will leave the company on October 31 "to pursue new career opportunities". Woodcock was CFO for stationery retailer Paperchase and previously worked for Compagnie Financiere Richemont SA as CFO of Alfred Dunhill and of Montblanc. Chair Dianne Thompson said that Williamson successfully led the company's finances through the difficult periods of Covid and Brexit and that Woodcock's experience in luxury consumer brands will be valuable for Sanderson's growth.

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National World PLC - UK newspaper industry investor that acquired JPIMedia Publishing in May - Hires David Fordham as non-executive director, starting Wednesday. Fordham will represent 24% shareholder Mediaforce (Holdings) Ltd. National World said Fordham is an experienced newspaper industry executive and currently is a director of Iiiffe Media Group Ltd.

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Pensana PLC - miner of rare earth metals for electric vehicles and wind turbines - Hires Steve Sharpe as independent non-executive director, starting immediately. Sharp is a natural resources financier who is an executive board member of EIT RawMaterials and a partner at SLB Capital Management. Previously, he was a managing director at Canaccord Genuity and also worked at Standard Bank Group Ltd and NM Rothschild. Meanwhile, Sandra Bates steps down as non-executive director on Wednesday.

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Instem PLC - Staffordshire, England-based IT provider for life sciences - Hires Riaz Bandali as independent non-executive director, starting December 1. Bandali is CEO of Canadian-listed Emerald Health Therapeutics Inc.

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British Honey Co PLC - Buckinghamshire-based spirits and honey producer - Confirms appointment of Chief of Staff Alex Maurice as an executive director. The appointment was first announced earlier last week.

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Alternative Income REIT PLC - invests in UK commercial property assets let on long leases - Hires Stephanie Eastment as independent non-executive director, starting on Friday and replacing Jim Prower. Eastment, an accountant, is a non-executive director for Murray Income Trust PLC, Herald Investment Trust PLC and Impax Environmental Markets PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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3 Apr 2023 14:41

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(Alliance News) - Pensana PLC on Monday posted an updated on its Saltend rare earth separation facility in England and the Longonjo undeveloped rare earth mine in Angola.

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TRADING UPDATES: Gfinity revenue up; Pensana warns on funding needs

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31 Mar 2023 17:00

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Pensana begins on-site construction in Saltend and Longonjo

(Alliance News) - Pensana PLC on Monday said that its Saltend and Longonjo projects have commenced on-site construction programmes.

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Pensana confident of meeting timelines at both Angola and UK projects

(Alliance News) - Pensana PLC on Wednesday said it has been finalising specifications across each of its operations in order to keep to its planned construction and execution schedule for the year.

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TRADING UPDATES: Goodbody Health wins deal; Tekcapital secures funds

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Pensana launches ESG strategy as aims for net-zero value chain by 2040

(Alliance News) - Pensana PLC on Tuesday published its 'Blueprint for Sustainable Rare Earths' sustainability report, as it seeks to supply rare earth metals for the energy transition.

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26 Sep 2022 11:50

IN BRIEF: Pensana completes Longonjo mine feasibility study

Pensana PLC - London-based rare earth metal miner - Reported on Friday a total rare earth oxide reserve at the Longonjo mine of 767,000 tonnes at 2.55%. The proved total rare earth oxides was 3.19% while probable TREO was 2.05% using a NdPrO cut-off of 0.3%. Cutoff grade is the minimum grade required for a mineral to be economically mined. Material found above the grade is considered to be ore. NdPrO is neodymium and praseodymium oxide. Ore reserve estimate was undertaken by Snowden Optiro. The Longonjo rare earths deposit is based in Angola.

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Pensana to partner with Polestar to create first climate-neutral car

(Alliance News) - Pensana PLC on Tuesday said it has partnered with Polestar Automotive Holding UK PLC on its "moon-shot" goal of creating the first climate-neutral car by 2030.

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UK shareholder meetings calendar - next 7 days

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Castelnau Group LtdAGM
DS Smith PLCAGM
Lamprell PLCAGM
Renold PLCAGM
Wednesday 7 September 
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CVC Income & Growth LtdEGM
Halfords Group PLCAGM
Jupiter Green Investment Trust PLCAGM
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Seed Innovations LtdAGM
Trifast PLCAGM
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Gabelli Merger Plus+ Trust PLCGM tender offers
Invesco Asia Trust PLCAGM
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Gear4Music Holdings PLCAGM
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Pensana PLCAGM
ReNeuron Group PLCAGM
SVM UK Emerging Fund PLCAGM
Victoria Oil & Gas PLCAGM
Voyager Life PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
5 Aug 2022 11:14

Pensana receives GBP10 million investment for Longonjo project

(Alliance News) - Pensana PLC on Friday said Angolan Sovereign Wealth Fund will make a further USD10.0 million equity investment into the London-based miner.

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22 Jul 2022 12:02

IN BRIEF: Pensana starts to construct rare earth processing hub

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