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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.

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25 Feb 2016 15:26

Solid State loses MoJ electronic offender tagging contract

(ShareCast News) - Solid State's £34m contract to provide electronic offender tags has been terminated by the Ministry of Justice (MoJ). The AIM-listed company's Steatite subsidiary, which recognised £3.5m of revenue as part of the mobilisation element of the contract in the first half of the year,

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29 Oct 2015 14:29

Solid State warns on profits after contract delay and market softening

(ShareCast News) - Despite making a robust start to the year, electronic components supplier Solid State warned revenues and profits for the year will be well below market expectations after a major contract was rejigged. The AIM-listed company, which supplies specialist 'ruggedised' computers, elec

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17 Jul 2015 16:42

Solid State's chairman sells shares to meet demand from shareholders

(ShareCast News) - The chairman of Solid State sold £0.37m worth in shares in the company to meet further institutional demand following upbeat full-year results. Anthony Frere sold 47,996 shares for an individual price of 775p, bringing home a total of £371,969. Following the transaction, Frere ho

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4 Jun 2015 10:44

Solid State secures £1m contract with Renishaw

Solid State, an electronic components manufacturer, has secured a £1m contract with Renishaw for the suply of its semiconductor devices. Under the agreement, Renishaw will use the devices of Solid State's supplies division in its metrology products. Renishaw will be able to import the component dir

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24 Nov 2014 11:10

Solid State reports surge in first half pre-tax profit

Electronics manufacturer and distributor, Solid State, has reported a sales and profit increase for the six month period to 30 September. Solid State posted a 40% increase in sales to reach a total of £17.1m compared to £12.2m in 2013. Pre-tax profits also surged to £1.5m, up 175% from £564,000 a ye

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