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Pin to quick picksSeplat Energy Share News (SEPL)

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Share Price: 156.00
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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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11 Jul 2022 19:15

TRADING UPDATES: BlueRock hit by extreme weather; Harbour drills well

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

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30 Jun 2022 21:38

EXECUTIVE CHANGES: SDI hires former Ultra Electronics CFO as new CFO

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

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19 May 2022 18:18

IN BRIEF: Seplat appoints new chair; Mobil Producing buy blocked

Seplat Energy PLC - Lagos-based energy company focused on Nigeria - Appoints Basil Omiyi as non-executive chair with immediate effect, following internal and external search processes.

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16 May 2022 16:46

Seplat Energy's retiring Chair Orjiako in talks about future role

(Alliance News) - Seplat Energy on Monday said it is in talks with its departing chair regarding a future role with the Nigeria-based energy supplier.

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11 May 2022 16:07

UK shareholder meetings calendar - next 7 days

Thursday 12 May 
Alfa Financial Software Holdings PLCAGM
Anglo Pacific Group PLCAGM
Baillie Gifford Shin Nippon PLCAGM
Balfour Beatty PLCAGM
BP PLCAGM
Bridgepoint Group PLCAGM
Cineworld Group PLCAGM
Circassia Group PLCAGM
ContourGlobal PLCAGM
ConvaTec Group PLCAGM
Empresaria Group PLCAGM
Eurocell PLCAGM
FBD Holdings PLCAGM
Genel Energy PLCAGM
Gresham House PLCAGM
Gym Group PLCAGM
Hiscox LtdAGM
Howden Joinery Group PLCAGM
Lloyds Banking Group PLCAGM
Logistics Development Group PLCAGM
Luceco PLCAGM
Michelmersh Brick Holdings PLCAGM
OSB Group PLCAGM
Quilter PLCGM re capital return proposal
Quilter PLCAGM
Quilter PLCGM re B share return
Rolls-Royce Holdings PLCAGM
Schiehallion Fund LtdAGM
Secure Trust Bank PLCAGM
Serinus Energy PLCAGM
Shefa Gems LTDAGM
SIG PLCAGM
Unbound Group PLCAGM
Unite Group PLCAGM
Friday 13 May 
Derwent London PLCAGM
Gresham House Energy Storage Fund PLCGM re amendments to investment policy
Metro Bank PLCAGM
TT Electronics PLCAGM
Vulcan Industries PLCAGM
Wheaton Precious Metals CorpAGM
Monday 16 May 
88 Energy LtdAGM
Allianz Technology Trust PLCAGM
Blackbird PLCAGM
BSF Enterprise PLCGM
Crossword Cybersecurity PLCAGM
DigitalBox PLCAGM
Ethernity Networks LtdAGM
Jubilee Metals Group PLCGM - re right of directors to allot equity securities for cash
Mast Energy Developments PLCAGM
Metal Tiger PLCAGM
Tuesday 17 May 
Accesso Technology Group PLCAGM
Capital & Regional PLCAGM
Chaarat Gold Holdings LtdAGM
Chesnara PLCAGM
Equals Group PLCAGM
European Assets Trust PLCAGM
Fidelity Japan Trust PLCAGM
Fintel PLCAGM
Fresnillo PLCAGM
GCP Asset Backed Income Fund LtdAGM
GENinCode PLCFull Year Results
Greggs PLCAGM
IQGeo Group PLCAGM
Kefi Gold & Copper PLCGM re share placing
Mears Group PLCAGM
Mercantile Investment Trust PLCAGM
Vitec Group PLCAGM
Vivo Energy PLCAGM
Wednesday 18 May  
ABCAM PLCAGM
abrdn PLCAGM in Edinburgh
Alliance Pharma PLCAGM
Burford Capital LtdAGM
Coats Group PLCAGM
CVC Credit Partners European Opportunities LtdAGM
EKF Diagnostics Holdings PLCAGM
Highcroft Investments PLCAGM
Impax Environmental Markets PLCAGM
JPMorgan American Investment Trust PLCAGM
Keller Group PLCAGM
LMS Capital PLCAGM
Merchants Trust PLCAGM
PensionBee Group PLCAGM
Permanent TSB Group Holdings PLCAGM
PYX Resources LtdAGM
Riverstone Credit Opportunities Income PLCAGM
Schroder UK Public Private Trust PLCAGM
Science Group PLCAGM
Seplat Energy PLCAGM
TI Fluid Systems PLCAGM
Vesuvius PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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28 Apr 2022 16:50

IN BRIEF: Seplat Energy triples profit in 2022 on higher oil prices

Seplat Energy PLC - Lagos-based energy company focused on Nigeria - Reports a pretax profit of USD83.4 million in the first quarter of 2022, nearly triple the previous year's figure of USD28.0 million. Crude oil revenue was 74% higher at USD216.2 million, up from USD124.1 million. This reflected higher average realised oil prices in the quarter, Seplat explains. Gas revenue fell by 9.7% to USD25.6 million from USD28.4 million due to lower gas volumes and lower customer offtake. Production stoppages in February and March also contributed to lower gas revenue.

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8 Apr 2022 21:08

DIRECTOR DEALINGS: Taseko Mines director buys shares worth USD293,000

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

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7 Mar 2022 20:46

IN BRIEF: Seplat Energy says deal with Exxon Mobil not terminated

Seplat Energy PLC - Lagos-based oil and gas company focused on Nigeria - Responds to newspaper report pertaining to shallow water assets in Nigeria, saying that its sale and purchase agreement with US oil major Exxon Mobil Corp has not been terminated. This follows newspaper and social media reports that the Nigerian National Petroleum Company Ltd had exercised a right of pre-emption under the NNPC/Mobil Producing Nigeria Unlimited joint operating agreement. Says MPNU, is not a party to the sale and purchaseand continues to hold its interests, rights and obligations under the NNPC/MPNU JOA.

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1 Mar 2022 16:27

EARNINGS REPORTS: Dalata hotels narrows loss and moves into Europe

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

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25 Feb 2022 20:12

TRADING UPDATES: Tintra faces sale delay; Seplat makes acquisition

(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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29 Nov 2021 21:59

TRADING UPDATES: Seplat Energy eyes Exxon asset; Zenith inks contract

TRADING UPDATES: Seplat Energy eyes Exxon asset; Zenith inks contract

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17 Nov 2021 21:22

IN BRIEF: Seplat Energy Chair Orjiako to step down at AGM

IN BRIEF: Seplat Energy Chair Orjiako to step down at AGM

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12 Nov 2021 19:13

IN BRIEF: Seplat Energy Non-Executive Rolet to leave role

IN BRIEF: Seplat Energy Non-Executive Rolet to leave role

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9 Nov 2021 21:49

IN BRIEF: Seplat Energy notes Shebah's injunction in Nigeria

IN BRIEF: Seplat Energy notes Shebah's injunction in Nigeria

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28 Oct 2021 18:03

TRADING UPDATES: Lamprell placing; Virgin Wines stocked for Christmas

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