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Pin to quick picksRolls-Royce Share News (RR.)

Share Price Information for Rolls-Royce (RR.)

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Share Price: 436.60
Bid: 436.60
Ask: 436.80
Change: 3.60 (0.83%)
Spread: 0.20 (0.046%)
Open: 431.70
High: 438.10
Low: 430.80
Prev. Close: 433.00
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EXECUTIVE CHANGES: NWF chief and Michelmersh co-founder to retire

Tue, 01st Aug 2023 15:23

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

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NWF Group PLC - Cheshire, England-based distributor of fuel, food and feed - Chief Executive Richard Whiting will retire in March next year after leading NWF for 15 years. Finance Director Chris Belsham is promoted to chief executive designate from Tuesday, having joined the company in 2017. Katie Shortland will join NWF as chief financial officer on October 2 to replace Belsham. Shortland currently is finance & transformation Director at Midland Expressway Ltd and previously held senior finance positions at Meggitt PLC and Rolls-Royce Holdings PLC. Chair Philip Acton will remain in place until the 2024 annual general meeting to oversee the executive transition.

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Michelmersh Brick Holdings PLC - Haywards Heath, England-based brick manufacturer - Martin Warner will retire as chair at the AGM in May next year, replaced by Non-Executive Director Tony Morris. Warner has been chair since 2016, having been the company's joint founder and its CEO. Morris joined the board in November 2020.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Moves Todd Riggs from non-executive director to chief operating officer of 600 Group Inc, a subsidiary that is in charge of the day-to-day operations of the group. Riggs, who joined the board two years ago, remains a company director.

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Hargreaves Services PLC - Durham, England-based services to industrial and property sectors - Promotes Stephen Craigen to finance director and board member. Craigen, who has been financial controller since 2017, will replace John Samuel on Wednesday next week, when Hargreaves Services will present its financial 2023 results.

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Zytronic PLC - Tyne & Wear, England-based maker of sensors for interactive displays used in self-service, gaming, and industrial applications - Hires Chris Potts as non-executive chair, starting immediately. Interim Chair Mark Butcher will revert to independent non-executive director. Potts currently is chair of Guralp Systems Ltd, a maker of seismic event monitoring instrumentation.

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Helium One Global Ltd - helium explorer in Tanzania - Ian Stalker steps down as non-executive chair immediately, after five years in post. Non-Executive Director James Smith is promoted to chair. Smith, a former Chevron Corp executive, has been on the Helium One board since its listing in December 2020.

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By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Spain's Indra buys into ITP Aero, seeks greater role in defence systems

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UK's FTSE 100 slips after dour earnings; BoE hikes rate as expected

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3 Aug 2023 16:54

LONDON MARKET CLOSE: FTSE 100 declines but pound perks up after BoE

(Alliance News) - Equities in Europe closed lower on Thursday, with markets still unsteady after a US credit rating cut on Wednesday, though London-listed property firms got a slight boost, on the view that the end of the Bank of England's hiking cycle is in sight.

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LONDON MARKET MIDDAY: Pound under pressure after BoE hike

(Alliance News) - European equities went into Thursday afternoon on the back foot, extending losses suffered on Wednesday following a US credit rating cut from Fitch, while the pound struggled to make headway after the Bank of England raised rates by 25 basis points, as expected.

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Rolls-Royce's turnaround delivers fivefold increase in profit

H1 operating profit rises to better-than-expected 673 mln stg

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3 Aug 2023 08:37

TOP NEWS: Rolls-Royce raises full-year guidance amid swing to profit

(Alliance News) - Rolls-Royce Holdings PLC on Thursday said it would raise its annual guidance after it posted higher interim revenue and said it swung to a profit.

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LONDON BRIEFING: Rolls-Royce swings to profit; LSEG plans buyback

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Rolls Royce delivers sharp rise in 1H revenues and profits

(Sharecast News) - Rolls Royce was firing on all cylinders during the front half of 2023.

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Thursday preview: Bank of England, Rolls Royce in the spotlight

(Sharecast News) - Investors' focus on Thursday would be on the Bank of England.

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IN BRIEF: Former Embraer CEO appointed as Rolls-Royce director

Rolls-Royce Holdings PLC - London-based jet engine and power plant manufacturer - Appoints Paulo Cesar de Souza e Silva as a non-executive director from September 1. Cesar de Souza e Silva was president and chief executive of Sao Jose dos Campos, Brazil-based jets manufacturer Embraer. Embraer is the world's third largest jets manufacturer.

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