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Share Price: 22.00

Bid: 22.00

Ask: 22.20

Change: 0.40 (1.85%)

Spread: 0.20 (0.909%)

Open: 22.00

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Low: 22.00

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EXECUTIVE CHANGES: Resolute confirms CEO; Headlam taps ex-Wickes CEO

Fri, 14th May 2021 15:03

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

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Resolute Mining Ltd - operates gold mines Syama in Mali and Mako in Senegal - Confirms Stuart Gales as managing director and chief executive officer, effective from Friday. Gale joined Resolute as chief financial officer at the start of 2020 and became interim CEO in October. Also hires Terry Holohan as chief operating officer. Holohan joins from PT Archi Indonesia, where Resolute notes he developed an open-pit gold mine from an exploration project to an operational mine. David Kelly, the current COO, will remain as an executive, and Resolute has begun a search for a new CFO.

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Headlam Group PLC - Birmingham-based floorcoverings distributor - Hires Simon King as non-executive director, starting immediately. King was CEO of Wickes until 2019. The DIY store chain was spun off from Travis Perkins PLC and listed in London as Wickes Group PLC last month. King is a non-executive director of building materials supplier SIG PLC. Headlam says it is recruiting a second new non-executive director as well.

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John Menzies PLC - aviation services firm with headquarters in Edinburgh - Hires Henrik Lund as independent non-executive director, starting June 1. Menzies says Lund has an executive background in air, land and sea freight forwarding and logistics, having worked for DHL, part of Deutsche Post AG, and others.

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Providence Resources PLC - Barryroe oil and gas field off coast of Cork, Ireland - Hires James Menton as senior independent non-executive director, starting immediately. Menton is a partner at KPMG Ireland, where he provides advice to Ireland's list oil and gas companies.

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Spectris PLC - Egham, England-based precision instrumentation and controls supplier - Martha Wyrsch retires as non-executive director from Friday, having served on the board since 2012.

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By Tom Waite; thomaslwaite@alliancenews.com

More News

28 Nov 2022 11:52

IN BRIEF: Resolute Mining gets final payment from Bibiani mine sale

Resolute Mining Ltd - Perth-based gold miner in Africa - Receives the third and final USD10 million tranche for the sale of Bibiani gold mine in Ghana from gold production, exploration and development company Asante Gold Corp. The firm and Asante also are in discussions regarding the payment of an environmental bond and its interest.

28 Nov 2022 11:15

SMALL-CAP WINNERS & LOSERS: Superdry confirms talks with new lender

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

18 Nov 2022 16:49

IN BRIEF: Resolute Mining issues 258.2 million shares for fundraise

Resolute Mining Ltd - Perth-based gold miner in Africa - Issues 258.2 million shares at 16 Australian cents per share. Issuance relates to a placement to raise AUD41 million, around GBP23.0 million, announced November 10.

14 Nov 2022 19:52

TRADING UPDATES: Aeorema reinstates payout; Resolute upsizes fundraise

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

11 Nov 2022 15:24

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

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

28 Oct 2022 14:36

TRADING UPDATES: DeepVerge fundraises; Tintra narrows interim loss

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

20 Oct 2022 17:23

TRADING UPDATES: Amaroq raises GBP30 million in placing

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

17 Oct 2022 21:50

TRADING UPDATES: Valereum loss widens; Audioboom revenue jumps

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

6 Oct 2022 10:46

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

20 Sep 2022 11:59

IN BRIEF: Resolute Mining receives GBP10 million payment from Asante

Resolute Mining Ltd - Perth-based gold miner in Africa - Receives first USD10 million payment under its deferred payment arrangement with Asante Gold Corp. Expects to receive further USD10 million payment on or before October 19, and a final payment of USD12.7 million on or before November 18.

30 Aug 2022 17:34

IN BRIEF: Resolute Mining increases Syama North resource estimate

Resolute Mining Ltd - Perth-based gold miner in Africa - Mineral resources estimate for Syama North increases 40% to 2.0 million ounces of gold at a cut-off grade of 1 gram per tonne.

25 Aug 2022 17:58

IN BRIEF: Resolute Mining interim earnings improve on gold price hike

Resolute Mining Ltd - Perth-based gold miner in Africa - Revenue in first half of 2022 rises 22% to USD317.7 million from USD261.3 million a year earlier. Pretax loss narrows markedly to USD8.0 million from USD204.3 million. Average realised gold price rises 5.9% to USD1,824 an ounce from USD1,723 a year earlier. "I am pleased with the ongoing continuous improvement of the Syama sulphide operation, which achieved 4% more gold produced on the comparable period including the planned major maintenance shutdown in H1 2022," Chief Executive Terry Holohan says.

5 Jul 2022 11:18

IN BRIEF: Resolute Mining shares jump as sanctions lifted in Mali

Resolute Mining Ltd - Perth-based gold miner in Africa - Welcomes news that the economic and financial sanctions imposed on Mali by the Economic Community of West African States have been lifted. The sanctions were made after Mali's interim government proposed a 24-month transition to democracy and published a new electoral law. They began on January 9 and were lifted on Sunday. Company's portfolio holds a number of operations in Mali, including the Syama gold mine.

16 Jun 2022 13:18

IN BRIEF: Resolute Mining sees significant higher grade gold at Syama

Resolute Mining Ltd - Perth-based gold miner in Africa - Reports significant, higher grade gold intersections from its Syama North area. These intersections include 16 metres at 4.74 grams per tonne from 107 metres, 15 metres at 4.35 grams per tonne from 99 metres and, 7 metres at 6.56 grams per tonne from 161 metres. Work also outlines the potential for a new open pit sulphide deposit. The drilling programme is ongoing and is expected to continue throughout 2022. An updated mineral resource estimate will be carried out in the third quarter of the year.

23 May 2022 10:02

Resolute Mining says Terry Holohan takes over as chief executive

(Alliance News) - Perth-based gold mining company Resolute Mining Ltd said Terry Holohan has been formally promoted to chief executive officer and managing director, effective from Monday.

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EXECUTIVE CHANGES: Resolute confirms CEO; Headlam taps ex-Wickes CEO

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