Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRUR.L Share News (RUR)

  • There is currently no data for RUR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EXECUTIVE CHANGES: NAHL promotes CFO James Saralis to CEO

Tue, 17th Aug 2021 14:38

(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:

----------

NAHL Group PLC - consumer legal services - Promotes James Saralis from chief financial officer to chief executive officer, effective immediately. Finance Director Chris Higham is appointed as acting CFO, though he won't join the board. Saralis joined NAHL as CFO at the start of 2018. Since then, the company said, he has help transform its Personal Injury business into a modern, technology-enabled law firm, while also overseeing a reduction in group debt. Higham joined NAHL in 2006 as financial controller of National Accident Helpline Ltd, having worked at Thomson Reuters.

----------

Rurelec PLC - power generator and power plants developer focused on Argentina - Executive Director Simon Morris resigns, effective immediately, with no reason provided by the company. Rurelec says a search for a successor has begun, and it will continue its strategy of selling non-core assets to increase financial liquidity. "Since his appointment to the board in 2015, Simon has played a key role in the survival of the company by stabilising the finances against a background of deteriorating operating conditions in the state controlled electricity market in Argentina," comments Director Andy Coveney.

----------

Treatt PLC - Bury St Edmunds, Suffolk-based natural ingredients for beverage, flavour and fragrance industries - Non-Executive Director Jeff Iliffe will step down on February 25, 2022, having served for nine years on the board. Treatt noted that Iliffe would no long be considered independent if he remained longer.

----------

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
16 Sep 2014 11:12

UK WINNERS & LOSERS: SCISYS Gains As It Signs Up For Mission To Mars

Read more
16 Sep 2014 08:01

Rurelec Says All Units Progressing Well, Seeking Latin America Alliances

Read more
4 Jul 2014 09:24

IPSA Secures GBP500,000 Loan To Fund Gas Engine Installation Programme

Read more
20 Jun 2014 15:40

CORRECT: DIRECTOR DEALINGS: Rurelec Non-Executive Buys 80,000 Shares

Read more
17 Jun 2014 08:51

DIRECTOR DEALINGS: Rurelec Non-Executive Buys 80,000 Shares

LONDON (Alliance News) - Power generation developer Rurelec PLC Tuesday said Independent Non-Executive Director Brian Rowbotham acquired 80,000 shares at a price of 6 pence per share Monday. Following this transaction, Rowbotham holds 350,000 shares, which represents 0.062% of the issued s

Read more
16 Jun 2014 14:13

DIRECTOR DEALINGS: Rurelec Directors Buy Shares

LONDON (Alliance News) - Power generatoin developer Rurelec PLC Monday said a group of directors, including Chief Executive Peter Earl, bought shares at 6 pence per share.

Details are as follows.

Read more
6 Jun 2014 15:17

Rurelec Pretax Loss Widens On Claim Payment

LONDON (Alliance News) - Rurelec PLC Friday said its pretax loss widened significantly during 2013 as the company received less than expected cash from a claim over a Bolivian asset which was nationalised by the state in 2010. The power generation company said its pretax loss widened to GBP

Read more
3 Jun 2014 08:40

Burford Nets USD11.0 Million On Rurelec Arbitration Claim Investment

LONDON (Alliance News) - Burford Capital Ltd Tuesday said it has received USD26.0 million back from a corporate debt facility provided to Rurelec PLC that was linked to Rurelec's Bolivian arbitration claim, giving Burford an USD11.0 million net profit on a USD15.0 million investment. While

Read more
2 Jun 2014 11:13

Rurelec Finally Gets Some Money After Bolivian Compensation Battle

LONDON (Alliance News) - Rurelec PLC Monday said it has now received the payment of USD31.5 million that it agreed with the Bolivian government, after a four-year battle to get compensation for a stake in the country's largest power producer that was taken from it. The power generation comp

Read more
30 May 2014 11:46

UK MIDDAY BRIEFING: Fenner Slumps On Profit Warning

LONDON (Alliance News) - Polymer products manufacturer Fenner saw its shares plummet Friday, after it issued a profit warning that it blamed on a further deterioration in trading in the US and the loss of a profitable contract in Australia.

It is the biggest faller

Read more
30 May 2014 11:08

UK WINNERS & LOSERS: Smith & Nephew Leads FTSE 100 Risers Again

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - WINNERS
-------
Smith & Nephew, up 2.2%. The medical technology company, which closed as the blue-chip inde

Read more
30 May 2014 07:26

UK MORNING BRIEFING: Fenner Drops 15% On Profit Warning

LONDON (Alliance News) - UK shares have opened flat Friday, with European markets on hold ahead of a key European Central Bank meeting next week.

FTSE 250 polymer products maker Fenner PLC said underlying pretax profit for the year to August 31 could fall by 10% to

Read more
30 May 2014 06:52

Rurelec Ends Long Bolivian Compensation Battle With USD31.5 Million

LONDON (Alliance News) - Rurelec PLC Friday said it has signed a final agreement with the government of Bolivia which releases an immediate payment of USD31.5 million to the company, ending a four-year compensation battle over Empresa Guaracachi SA. The power generation company said the agr

Read more
20 May 2014 12:28

UK MIDDAY BRIEFING: EU To Probe Banks Including HSBC

LONDON (Alliance News) - The European Commission Tuesday said it will press ahead with a probe into Credit Agricole, HSBC Holdings and JP Morgan after they refused to join other lenders in a settlement last year over suspected manipulation of the Euribor interest-rate benchmar

Read more
20 May 2014 11:14

UK WINNERS & LOSERS: Carnival Sails To Top Of Floundering FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
-------
FTSE 100 - WINNERS
-------
Carnival, up 4.3%. The world's largest cruise ship operator said Tuesday that

Read more

Quickpicks are a member only feature

Login to your account