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Pin to quick picksSolid State Share News (SOLI)

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UK EXECUTIVE CHANGE SUMMARY: InnovaDerma Hires Blake Hughes As New CEO

Wed, 18th Nov 2020 15:42

(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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InnovaDerma PLC - London-based developer of beauty, personal care and life science products - Hires Blake Hughes as chief executive officer, effective immediately. Hughes replaces Interim CEO Joe Bayer, who will remain as executive chair and then revert to non-executive chair after a transition. Hughes, who will be based in the UK, was CEO of hair care range Philip Kingsley. Prior to that, he was managing director for Europe & Africa at skin care brand Murad.

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Solid State PLC - Redditch, England-based electronics for industrial and military markets - Promotes Nigel Rogers from non-executive director to non-executive chair, effective immediately. Rogers replaces Interim Chair Peter Haining, who reverts to non-executive director. Also recruits Peter Magowan as an independent non-executive director from January 1. Magowan is a former board member of computer chip designer ARM Holdings and was an executive at fund manager Fidelity International Ltd.

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Ethernity Networks Ltd - Lod, Israel-based network processing technology supplier - Graham Woolfman resigns as chair and board director, leaving by the end of the year "to concentrate on his other business interests". CEO David Levi will be interim executive chair until a replacement is found.

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W Resources PLC - tungsten, tin and gold mining in Spain and Portugal - Pablo Neira moves from non-executive director to executive director to oversee the La Parrilla tungsten and tin project in Spain as managing director. He joined the W Resources board back in September 2018. Also hires Paul Hailes as chief financial officer. Has was finance director for AIM-listed Immunodiagnostic Systems Holdings PLC.

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Alumasc Group PLC - Northamptonshire, England-based building products - David Armfield resigns after six years as non-executive director "due to pressure from other commitments", effective from December 31.

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Montanaro UK Smaller Companies Investment Trust PLC - Hires Barbara Powley as a non-executive director, effective immediately. Powley also is a non-executive director of M&G Credit Income Investment Trust PLC. Powley worked in the closed end funds teams at Fidelity and then BlackRock from 1996 until retiring in 2018.

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Benchmark Holdings PLC - Sheffield, England-based aquaculture genetics and nutrition - Hugo Wahnish to resign as non-executive director from February 9, after just over three years in post.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
6 Dec 2022 16:21

Solid State revenue, profits rise in first half

(Sharecast News) - Computing, power and communications components specialist Solid State reported first-half revenue of £59.4m on Tuesday, up from £39.4m year-on-year.

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6 Dec 2022 14:23

Solid State to beat full year expectations as half year profit jumps

(Alliance News) - Solid State PLC on Tuesday said it is confident in exceeding full year expectations for financial 2023 as its profit increased in the first half of its year.

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22 Nov 2022 16:23

IN BRIEF: Solid State wins GBP9.8 million defence contract with Nato

Solid State PLC - Redditch-based supplier and design-in manufacturer of computing, power, and communications products - Signs GBP9.8 million follow-on defence contract with Nato Support & Procurement Agency to supply communications equipment to a defence customer through its Systems division. Expects revenue from contract to contribute to market expectations for financial year 2024.

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14 Nov 2022 15:43

Solid State wins GBP7.3 million defence contract with Nato

(Alliance News) - Solid State PLC on Monday said it has been awarded a GBP7.3 million contract by the Nato Support & Procurement Agency to supply communications equipment to a defence customer through its Systems division.

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26 Oct 2022 14:35

TRADING UPDATES: Solid State expects to top annual expectations

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

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7 Sep 2022 14:38

IN BRIEF: Solid State expects full-year in line with analyst consensus

Solid State PLC - Worcestershire, England-based computing products manufacturer - Says it is "very pleased" with the initial performance of Custom Power LLC, a Los Angeles-based battery systems manufacturer, in its first month of trading following the completion its acquisition in August. At August 31, Custom Power's order book stands at GBP16.8 million, taking the firm's total order book to GBP106.8 million. This strong order intake converts to a "record start" to billings for the financial year ending March 31, 2023.

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8 Aug 2022 13:21

Solid State completes acquisition of LA-based Custom Power

(Sharecast News) - Computing, power and communications value-added component supplier Solid State has completed the acquisition of Custom Power, it announced on Monday.

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8 Aug 2022 13:21

Solid State completes acquisition of LA-based Custom Power

(Sharecast News) - Computing, power and communications value-added component supplier Solid State has completed the acquisition of Custom Power, it announced on Monday.

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8 Aug 2022 11:19

IN BRIEF: Solid State completes Custom Power acquisition

Solid State PLC - Worcestershire, England-based computing products manufacturer - Completes the acquisition of Custom Power LLC, a Los Angeles-based battery systems manufacturer.

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27 Jul 2022 12:01

EARNINGS UPDATES: Yourgene posts record revenue; Solid State payout up

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

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13 Jul 2022 10:48

IN BRIEF: Solid State raises GBP26 million in oversubscribed placing

Solid State PLC - Worcestershire-based computing products manufacturer - Raises roughly GBP26.3 million in a placing of 2.6 million shares at 1,025 pence each. The placing was oversubscribed with WH Ireland Group PLC and finnCap Group PLC acting as joint brokers.

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12 Jul 2022 18:07

Solid State to acquire battery manufacturer for USD45 million

(Alliance News) - Solid State PLC said on Tuesday it entered a conditional agreement to acquire Los Angeles-based battery systems manufacturer Custom Power LLC for a maximum of USD45.0 million.

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20 Jun 2022 10:04

Solid State to deliver CCTV system for London Tube's Piccadilly Line

(Alliance News) - Solid State PLC on Monday said it has won a contract with Transport for London, to deliver a new one person operation CCTV system on the Piccadilly line with the London Underground train network.

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17 May 2022 11:33

IN BRIEF: Solid State wins rechargeable battery design contract

Solid State PLC - Worcestershire-based computing products manufacturer - Wins a contract with an existing unnamed customer to design a rechargeable battery. The initial commitment reflects a mobilisation fee of GBP500,000 to Steatite Ltd for the design and manufacture of prototypes and pre-production packs of a bespoke power system for the client. Solid State is Steatite's parent company.

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4 May 2022 14:43

IN BRIEF: Solid State wins supply contract for bee hive monitoring

Solid State PLC - Worcestershire-based computing products manufacturer - Wins a contract with a US-based client. The contract worth GBP2.4 million sees Solid State's components division supplying hardware to be used in bee hive monitoring.

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