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EXECUTIVE CHANGES: Clinigen taps new chair; essensys hires from WeWork

Tue, 03rd Aug 2021 15:29

(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:

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Clinigen Group PLC - Staffordshire-based pharmaceuticals services and products - Hires Elmar Schnee as independent non-executive director & chair-designate and Ian Johnson as senior independent director. Schnee, a former Merck KGaA executive, will replace Peter Allen as chair at the November annual general meeting. Schnee most recently was chair of Nasdaq-listed Jazz Pharmaceuticals PLC. Johnson is executive chair of AIM-listed asthma care company Circassia Group PLC and also non-executive chair of Redcentric PLC. He will replace Anne Hyland as senior independent director, though Hyland will remain on the board as a non-executive director. Additionally, Ian Nicholson will step down from the board in November.

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Trinity Exploration & Production PLC - oil assets in Trinidad and Tobago - Executive Chair Bruce Dingwall is hospitalised for a "serious health incident". Trinity says Dingwall is in stable condition. Senior Independent Director Nicholas Clayton becomes interim non-executive chair. Managing Director Jeremy Bridglalsingh continues to lead the executive management team.

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San Leon Energy PLC - oil and gas production, development and exploration in Nigeria - Chief Financial Officer Lisa Mitchell resigns after two years in post to take up a new role. Mitchell will remain for a handover while San Leon searches for a new CFO.

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Warpaint London PLC - colour cosmetics under the W7 and Technic brands - Hires John Collier as independent non-executive director, starting September 1. Collier is a Canadian who is based in New York and served as president of North America for cosmetics firm Revlon Inc from 1996 to 2018.

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essensys PLC - London-based software and cloud services for flexible workspace industry - Hires Eric Schaffer as CEO of Asia-Pacific business, effective immediately. Schaffer is head of Real Estate Advisory for APAC at flexible space provider WeWork. Schaffer will report to essensys Founders & CEO Mark Furness.

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Altus Strategies PLC - mining royalties in Africa - Hires Mark Campbell as general manager of the Egyptian branch of 100% subsidiary Akh Gold Holdings Ltd. Campbell also will be chair of the subsidiary. Akh Gold recently was awarded four gold projects in the Eastern Desert of Egypt. Campbell is based in Cairo and is the retired CEO of Toronto-listed Aton Resources Inc.

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Gowin New Energy Group Ltd - Taiwan-based LED-related products and high-mountain tea - Wang Huai Chun resigns as CFO, effective immediately. Appoints Shu Yi How in his place.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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San Leon Energy receives up to USD187 million investment from Tri Ri

(Alliance News) - San Leon Energy PLC on Tuesday hailed an investment it has received that will enable it to become a majority shareholder in Energy Link Infrastructure Malta Ltd, which San Leon said was part of its long-term strategy.

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9 Oct 2023 17:54

IN BRIEF: San Leon scraps existing Midwestern deal, mulls alternative

San Leon Energy PLC - Nigeria-focused oil and gas production, development and exploration company - Announces the termination of its proposed transactions with Midwestern Oil & Gas Co Ltd and the further conditional investments in Energy Link Infrastructure (Malta) Ltd. Notes these were initially announced on July 8, 2022. Remains in early-stage discussions with Midwestern regarding a revised transaction in relation to Midwestern Leon Petroleum Ltd and Midwestern's indirect shareholding in ELI.

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9 Oct 2023 13:31

IN BRIEF: San Leon Energy notes "very advanced" talks on loan facility

San Leon Energy PLC - Nigeria-focused oil and gas production, development and exploration company - Says it is in a "very advanced stage" relating to securing an alternative loan facility. It says that in order for to enable discussions to conclude, Toscafund Asset Management LLP provided San Leon with a redemption and release letter that includes a standstill provision. Toscafund agrees not to make any demand for repayment of the loan or enforce security before Friday. "The board of San Leon believes that a conclusion on an alternative loan facility will be reached in the very near term and will provide an update to shareholders and creditors at that time," San Leon says.

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EARNINGS AND TRADING: Alternative Income REIT raises dividend

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8 Sep 2023 19:30

IN BRIEF: San Leon in talks regarding new loan, extends existing loan

San Leon Energy PLC - oil and gas production, development and exploration company focused on Nigeria - Continues discussions with a third party in relation to securing an alternative loan facility of USD50.0 million, which once concluded is anticipated to be used towards, amongst other purposes: the repayment of the USD5 million loan taken out in August. Proceeds of the new loan would also be used to make further investments in ELI and satisfy outstanding obligations to its creditors. Given talks continue, the original loan has been extended to September 30.

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1 Sep 2023 18:29

IN BRIEF: San Leon Energy extends longstop date for two transactions

San Leon Energy PLC - oil and gas production, development and exploration company focused on Nigeria - Announces further extension to the longstop dates for the proposed transactions with Midwestern Oil & Gas Co Ltd and the company's further conditional investments in Energy Link Infrastructure (Malta) Ltd. All longstop dates have now been extended to September 30. In discussions with Midwestern on whether a potential revision to the transaction can be agreed to allow completion to occur whilst the new eroton debt facilities and the Sahara OML 18 acquisition continue to be delayed for reasons outside of the company's control. There can be no guarantee that any such revised terms will be agreed. Further, remains in talks with a third party in relation to securing an alternative loan facility of USD50.0 million. In addition, remains in talks with ELI regarding making further potential investments of up to USD37.0 million, in ELI, which would be conditional, on completing the alternative loan facility of USD50.0 million.

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8 Aug 2023 13:50

IN BRIEF: San Leon Energy invests in Energy Link Infrastructure

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