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Pin to quick picksSeplat Energy Share News (SEPL)

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Share Price: 159.50
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EXECUTIVE CHANGES: Eland Oil founder now Vaalco CEO; Dialight CFO out

Mon, 12th Apr 2021 16:15

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

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Wizz Air Holdings PLC - Budapest-based central and eastern Europe-focused budget airline - Hires Anthony Radev as independent non-executive director, starting Tuesday and replacing Barry Eccleston. Radev is president of Corvinus University at Budapest. He also is on the boards of MOL Hungarian Oil & Gas PLC, the Hungary Football Federation, and DSK bank in Bulgaria. Until 2013, Radev was a senior partner at consultants McKinsey & Co.

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Vaalco Energy Inc - Houston-based operator of Etame Marin block offshore Gabon - Moves Non-Executive Director George Maxwell to chief executive officer, starting Monday. Maxwell, who has been director since June of last year, will remain on the board. He replaces Cary Bounds, who leaves the company on "to pursue other interests", having been in post since 2016. Maxwell founded former London listing Eland Oil & Gas PLC and helped run the company until it was sold in 2019 to Nigeria's Seplat Petroleum Development Co PLC. Vaalco says it plans to continue to focus on exploration and production in West Africa, combining cash flow from existing resources with growth opportunities via acquisition. Following Vaalco's dual listing on the London Stock Exchange, it intends to open a business development office in London and recruit a London-based chief financial officer. Maxwell will split his time between Houston and London.

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Dialight PLC - London-based industrial LED lighting - Wai Kuen steps down as chief financial officer and as executive director to relocate to Singapore for personal reasons. Dialight will start search for a successor, and Wai Kuen will help with transition.

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nmcn PLC - Nottinghamshire-based engineering and construction - Says Lee Marks will join as CEO on May 17. nmcn had announced Marks's hire back in January. He joins from NB Bailey Ltd, an engineering and services firm where he has been commercial director since 2013.

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Atalaya Mining PLC - Cyprus-based copper producer - Damon Barber steps down as non-executive director immediately. Barber has served on the board since 2015 as the representative of shareholder Liberty Metals & Mining Holding LLC, which retains the right to appoint a director as long as its stake remains above 10%. Liberty raised its stake in Atalaya to 14.5% in a share placing back in 2017.

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Cellular Goods PLC - London-based consumer products based on biosynthetic cannabinoids - Hires Istok Nahtigal as head of Process & Applied Sciences, focused on cannabinoid supply chain and relationships with manufacturing partners. Also hires Amanda Pape and Melissa Santolini for product development team as senior quality assurance manager and lead project manager, respectively. Contracts two consultants to advise on the development of pet care and skincare ranges: Caroline Queen for pet care and Antony Buck for skincare. Queen was senior business development director for Vet Partners Ltd, and Buck created the REN Skincare brand.

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City of London Group PLC - financial services for UK small and medium enterprises - Says subsidiary Recognise Bank hires Damian Trussler as head of Savings & Payments, to lead the launch of the bank's personal savings products. Trussler joins from Nationwide Building Society, where he was senior manager for Product & Proposition within the Business Savings division.

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Diaceutics PLC - Belfast-based diagnostic commercialisation firm - Hires Yvanka Gilliam as vice president for Asia Pacific. Gilliam joins from Kantar Health, where she was a senior client partner for Real World Evidence.

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FastForward Innovations Ltd - investor in life sciences and technology businesses, particularly in medical cannabis - Hires Alfredo Pascual as vice president of Investment Analysis. Pascual has worked in the cannabis space since 2016, FastForward says, and will focus on sourcing investment opportunities in the European medical cannabis industry.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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18 Apr 2024 14:12

UK dividends calendar - next 7 days

Friday 19 April 
Chelverton UK Dividend Trust PLCdividend payment date
Empiric Student Property PLCdividend payment date
FW Thorpe PLCdividend payment date
Heavitree Brewery PLCdividend payment date
Heavitree Brewery PLC A dividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
STS Global Income & Growth Trust PLCdividend payment date
Monday 22 April 
no events scheduled 
Tuesday 23 April 
Crest Nicholson Holdings PLCdividend payment date
Invesco Asia Trust PLCdividend payment date
Pantheon Infrastructure PLCdividend payment date
Pembroke VCT PLC Bdividend payment date
Pinewood Technologies Group PLCex-dividend payment date
Wednesday 24 April 
Conduit Holdings Ltddividend payment date
Thursday 25 April 
abrdn Asian Income Fund Ltdex-dividend payment date
AVI Japan Opportunity Trust PLCex-dividend payment date
Bakkavor Group PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
Bodycote PLCex-dividend payment date
Cairn Homes PLCex-dividend payment date
Central Asia Metals PLCex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
ConvaTec Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
Derwent London PLCex-dividend payment date
Eurocell PLCex-dividend payment date
Foresight Solar Fund Ltdex-dividend payment date
Greggs PLCex-dividend payment date
Hansard Global PLCdividend payment date
Harworth Group PLCex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
HSBC Holdings PLCdividend payment date
Invesco Select Trust PLC Global Equity Income ex-dividend payment date
Invesco Select Trust PLC UK Equity ex-dividend payment date
JPMorgan Claverhouse IT PLCex-dividend payment date
Legal & General Group PLCex-dividend payment date
ME Group International PLCex-dividend payment date
Morgan Advanced Materials PLCex-dividend payment date
Morgan Sindall Group PLCex-dividend payment date
Mortgage Advice Bureau Holdings PLCex-dividend payment date
MP Evans Group PLCex-dividend payment date
Murray International Trust PLCex-dividend payment date
Portmeirion Group PLCex-dividend payment date
Public Policy Holding Cos Incex-dividend payment date
Rightmove PLCex-dividend payment date
Sabre Insurance Group PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Secure Trust Bank PLCex-dividend payment date
Seed Innovations Ltdex-dividend payment date
Seplat Energy PLCex-dividend payment date
Shaftesbury Capital PLCex-dividend payment date
Spirax-Sarco Engineering PLCex-dividend payment date
St James's Place PLCex-dividend payment date
Stelrad Group PLCex-dividend payment date
Team Internet Group PLCex-dividend payment date
Tufton Oceanic Assets Ltdex-dividend payment date
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Volta Finance Ltddividend payment date
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Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Feb 2024 13:56

Seplat says profit down but revenue up; names Udoma as new chair

(Alliance News) - Seplat Energy PLC shares perked up on Thursday afternoon, as it reported increased production and upped its dividend despite a challenging year.

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29 Feb 2024 07:45

LONDON BRIEFING: Stocks called up following slew of FTSE 100 earnings

(Alliance News) - Stocks in London are called to open slightly higher on Thursday, after a slew of earnings from a range of FTSE 100 companies.

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3 Jan 2024 10:48

Seplat Energy finishes ANOH mechanical works; expects 2024 first gas

(Alliance News) - Seplat Energy PLC on Tuesday said it had completed mechanical works at its ANOH gas plant on Friday.

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30 Oct 2023 10:38

Seplat increases revenue despite fall in average oil price

(Alliance News) - Seplat Energy PLC on Monday said pretax profit declined in its latest nine-month period, although revenue and production both increased.

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15 Aug 2023 20:19

Seplat Energy says rig incident kills one and leaves three missing

(Alliance News) - Seplat Energy PLC on Tuesday said a drilling rig capsized in the early hours of the morning, killing one crew member and leaving three missing.

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10 Aug 2023 18:17

IN BRIEF: Seplat says orders against Orjiako do not impact operations

Seplat Energy PLC - Lagos-based oil and gas firm - Says that on August 8, it was served ex parte interim court orders, which were granted by the Federal High Court sitting in Lagos, Nigeria. These orders were part of a bankruptcy court action instituted by Access Bank PLC against Dr Orjiako, for the recovery of an outstanding loan amount that forms the judgment delivered by the High Court of the United Kingdom and registered in Nigeria as a judgment of the Federal High Court.

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28 Jul 2023 10:57

Seplat halves interim profit on higher costs; oil prices slow revenue

(Alliance News) - Seplat Energy PLC on Friday said profit plunged in the first half year as costs increased, but that it will maintain its current full-year guidance.

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13 Jun 2023 13:36

IN BRIEF: Seplat CEO's Nigerian immigration documents restored

Seplat Energy PLC - Lagos-based oil and gas firm with assets in Nigeria - Says the Nigerian Ministry of Interior & Immigration Service has restored Chief Executive Officer Roger Brown's working permit and key visas. Brown's immigration documents had been withdrawn by the ministry in March following allegations of "racism, discrimination and improper immigration status" by some Seplat workers and stakeholders. Says it has "cooperated fully" with the verification checks conducted by the immigration authorities. A lawsuit was filed on April 13 at the Federal High Court in Abuja against the company in relation to Brown's immigration status, but was withdrawn on April 20.

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24 May 2023 10:41

IN BRIEF: Seplat Energy extends Mobil Producing Nigeria purchase deal

Seplat Energy PLC - Lagos-based oil and gas firm with assets in Nigeria - Extends agreement to acquire Mobil Producing Nigeria Inc amid pending the resolution of legal proceedings and receipt of regulatory approvals, but "remains committed" to completing the acquisition. Says agreement has been revised so that in the event the transaction closes, Exxon Mobil Corp will share in a portion of the value of Mobil Producing Nigeria during the period of delay. The exact amount of this value will depend on "a number of factors", including the amount of oil produced and oil prices.

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11 May 2023 19:42

IN BRIEF: Seplat Energy to defend action against company officials

Seplat Energy PLC - oil and gas firm with assets in Nigeria - Notes reports that the Federal High Court sitting in Abuja has granted interim orders against the company and some of its officers. Points out the interim orders - which are yet to be served - primarily restrain the chair, named independent non-executive directors, chief operating officer and company secretary from operating or functioning as officers of Seplat Energy in any capacity.

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3 May 2023 14:51

UK shareholder meetings calendar - next 7 days

Thursday 4 May 
AIB Group PLCAGM
Aviva PLCAGM
Aviva PLCGM re capital reduction
BAE Systems PLCAGM
Bivictrix Therapeutics PLCAGM
Domino's Pizza Group PLCAGM
Glanbia PLCAGM
Grafton Group PLCAGM
Hammerson PLCAGM
Howden Joinery Group PLCAGM
Hurricane Energy PLCCourt Meeting & GM re takeover by Prax Exploration & Production PLC  
Indivior PLCAGM
IMI PLCAGM
Irish Residential Properties REIT PLCAGM
ITV PLCAGM
Jardine Matheson Holdings LtdAGM
Johnson Service Group PLCAGM
LungLife AI IncAGM
Mincon Group PLCAGM
Mondi PLCAGM
Moneysupermarket.com Group PLCAGM
Morgan Sindall Group PLCAGM
Spirent Communications PLCAGM
Personal Group Holdings PLCAGM
Phoenix Group Holdings PLCAGM
Rathbones Group PLCAGM
SIG PLCAGM
Ten Entertainment Group PLCAGM
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HSBC Holdings PLCAGM
InterContinental Hotels Group PLCAGM
James Fisher & Sons PLCAGM
Man Group PLCAGM
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IWG PLCAGM
Just Group PLCAGM
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Osirium Technologies PLCAGM
Windward LtdAGM
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Cenkos Securities PLCAGM
Ecora Resources PLCAGM
H&T Group PLCAGM
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Jupiter Fund Management PLCAGM
Literacy Capital PLCAGM
Luceco PLCAGM
Marshalls PLCAGM
National Express Group PLCAGM
Renewables Infrastructure Group LtdAGM
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Seplat Energy PLCAGM
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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28 Apr 2023 20:59

TRADING UPDATES: Ashoka WhiteOak holds IPO; Fox Marble agrees takeover

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

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27 Apr 2023 15:56

TRADING UPDATES: Naked Wines optimistic; Hotel Chocolat warns on sales

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

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25 Apr 2023 12:24

Seplat Energy chair to resign and firm eyes improved governance

(Alliance News) - Seplat Energy PLC on Tuesday said its Chair Basil Omiyi will resign in May and the company added it is looking to "strengthen its governance".

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