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EXECUTIVE CHANGES: CEO departs after GLI Finance becomes Sancus

Wed, 02nd Jun 2021 16:02

(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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Sancus Lending Group Ltd - Guernsey-based alternative property finance - Andy Whelan resigns as chief executive officer, leaving on June 30, when he will be replaced by Rory Mepham as interim CEO. Mepham currently is in charge of funding and origination, having joined the company in January. Dan Walker, who currently is chief operating officer and managing director of Sancus UK, will become deputy CEO. Walker joined the company in 2018 from Lloyds Banking Group PLC, where he was director of Strategic Transactions. The changes follow refinancing and restructuring at Sancus, including renaming itself from GLI Finance Ltd, which was approved by shareholders earlier this month. This is to reflect its focus on the property bridging and development finance activities of the Sancus subsidiary.

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Cambridge Cognition Holdings PLC - Cambridge, England-based neuroscience technology - Adds Chief Financial Officer Mick Holton to board as executive director, effective immediately. Holton joined Cambridge Cognition in January from Biome Technologies PLC, where he was interim CFO. He previously worked for what is now Walgreens Boots Alliance Inc.

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Dispersion Holdings PLC - investor in decentralised finance, which uses blockchain and cryptocurrencies to remove financial intermediaries from transactions - Adds CFO Nick Lyth to board, effective immediately. Dispersion listed on Aquis Stock Exchange in late April, raising GBP9 million in its initial public offering and GBP2.2 million in pre-IPO fundraisings.

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e-Therapeutics PLC - Oxford, England-based drug discovery - Hires Alison Gallafent as head of Intellectual Property. Gallefent was head of IP at fellow AIM listing Silence Therapeutics PLC and also worked at Merck & Co Inc and Glaxo Wellcome.

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SDX Energy PLC - gas production in Egypt and exploration & development in Morocco - Amr Al Menhali will retire as director at annual general meeting on June 25, having left shareholder Waha Capital. Al Manhali had joined the SDX board back in September 2019, having been named CEO of Waha, which is SDX's largest shareholder, with a 19.5% stake.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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14 Jul 2020 15:27

SDX disposes of interest in North West Gemsa

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy has disposed of its 50% working interest in the North West Gemsa licence, in the Eastern Desert of Egypt, it announced on Tuesday.

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23 Jun 2020 10:24

SDX Energy upbeat on progress in Morocco and Egypt

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on its operations in Egypt and Morocco following recent drilling successes on Tuesday.

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20 May 2020 10:31

SDX Energy confident in position amid 'dynamic' market

(Sharecast News) - SDX Energy reported net revenue of $16m (£13.05m) in its first quarter results on Wednesday, rising from $12.7m year-on-year.

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24 Apr 2020 14:46

SDX Energy Rises After Strong Showing At Sobhi, Egypt

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24 Apr 2020 09:26

SDX Energy upbeat on well testing at Sobhi

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on well-testing operations at the SD-12X discovery well in the South Disouq Exploration Permit, onshore Nile Delta, Egypt on Friday.

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24 Apr 2020 09:26

SDX Energy upbeat on well testing at Sobhi

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on well-testing operations at the SD-12X discovery well in the South Disouq Exploration Permit, onshore Nile Delta, Egypt on Friday.

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8 Apr 2020 09:50

SDX Energy upbeat on drilling operations at Sobhi well in Egypt

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy updated the market on its drilling operations at the SD-12X, or Sobhi, well, where it has a 100% working interest, in the South Disouq Exploration Permit, onshore Nile Delta in Egypt, on which it has a 55% working interest.

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7 Apr 2020 15:24

SDX Swings To Annual Loss On Impairment Charges, Lower Oil Prices

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23 Mar 2020 12:16

TOP NEWS: UK Companies Delay Results After Request By UK Regulator

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10 Mar 2020 15:35

SDX Energy upbeat on development well drilling at West Gharib

(Sharecast News) - SDX Energy announced the result of its Rabul-3 well in the West Gharib Concession in Egypt on Tuesday, where it has a 50% working interest and is the joint operator.

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10 Mar 2020 14:25

SDX Energy "Very Pleased" After Oil Find At Egyptian Well

SDX Energy "Very Pleased" After Oil Find At Egyptian Well

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4 Mar 2020 14:18

SDX Energy Morocco Well Finds Commercial Gas But Egypt Well Not Viable

SDX Energy Morocco Well Finds Commercial Gas But Egypt Well Not Viable

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25 Feb 2020 14:37

Predator Oil & Gas Hires New Head Of Moroccan Drilling Operations

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19 Feb 2020 14:22

Predator Oil & Gas To Take Drilling Rig To Guercif Permits In Morocco

Predator Oil & Gas To Take Drilling Rig To Guercif Permits In Morocco

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14 Feb 2020 16:01

SDX Energy upbeat on drilling progress at South Disouq

(Sharecast News) - Middle East and North Africa-focussed oil and gas company SDX Energy announced on Friday that the SD-6X Salah well at South Disouq in Egypt, where it has a 55% working interest, has begun drilling operations.

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