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Pin to quick picksSerabi Share News (SRB)

Share Price Information for Serabi (SRB)

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Share Price: 64.50
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Change: -1.50 (-2.27%)
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Open: 65.00
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EXECUTIVE CHANGES: CFOs drop like flies; ex-IG CEO to chair Scotgold

Tue, 02nd Nov 2021 15:01

(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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Legal & General Group PLC - London-based provider of investment management, life assurance and pension services - Hires Laura Wade-Gery as independent non-executive director, starting January 3. Wade-Gery was executive director of multi-channel at Marks & Spencer Group PLC and chief executive officer of Tesco.com and Tesco Direct at Tesco PLC, both retailers.

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3i Group PLC - London-based private equity and venture capital - Dutch portfolio firm Action promotes Commercial Director Hajir Hajji to CEO, replacing Sander van der Laan. Hajji will become CEO of the non-food discount retailer on January 1, and Sandar will remain with the company until March.

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Devro PLC - Glasgow, Scotland-based producer of collagen products such as sausage casings - Hires Rikke Mikkelsen as independent non-executive director, starting December 1. Mikkelsen is a Danish national who leads the Global Centre of Excellence for Chocolate & Confectionary and the European Customer Innovation team at AAK AS, which specialises in plant-based oils. Rikke replaces Chantal Cayuela, who steps down as a non-executive director "on personal grounds", having joined the board only in January.

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Dalata Hotel Group PLC - Dublin-based hotel operator in Ireland and UK - Confirms Dermot Crowley has succeeded Pat McCann as CEO from Monday. McCann had founded Dalata back in 2007, and Crowley had been deputy CEO.

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Byotrol PLC - Chester, England-based antimicrobial technologies - Seeking full-time chief financial officer as part-time CFO Nic Hellyer plans to resign from the end of December. Also notes that Rick Hayman, head of Byotrol's Professional division and managing director of Medimark Scientific Ltd, which Byotrol bought at the start of 2020, has left the company but remains a shareholder.

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Jaywing PLC - Sheffield, England-based data-driven advertising and marketing agency - Caroline Ackroyd will step down as CFO in April of next year "in order to pursue new opportunities". Jaywing now will search for a new CFO.

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Cambridge Cognition Holdings PLC - Cambridge, England-based digital neuroscience - CFO Michael Holton steps down immediately to "focus on other opportunities", having joined the company only in January. Nick Walters, Cambridge Cognition's former CFO, will support the company while it looks for a replacement.

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UP Global Sourcing Holdings PLC - Manchester-based consumer brands owner known as Ultimate Products - Graham Screawn will retire as CFO in the second half of 2022, having joined UP as finance director back in 2010. Has begun process to find successor.

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Scotgold Resources Ltd - gold and silver explorer and producer in Scotland - Nat Le Roux steps down as non-executive chair, having held the post since 2015, but will remain a non-executive director. Scotgold promotes Non-Executive Director Peter Hetherington to chair, effective immediately. Hetherington was CEO of contracts-for-difference trading platform IG Group Holdings PLC until 2018.

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Serabi Gold PLC - gold miner in Brazil - Roney Almeida steps down as chief operating officer, while Helio Tavares joins on Monday as general manager of Projects & Operations. Tavares will report to CEO Mike Hodgson. He will be responsible for operations at the Palito complex and oversee the development and construction of the Coringa gold mine. Tavares returns to Serabi for the second time, having been part of the team that originally developed the Palito mine in 2004. He then returned to Serabi in 2013 and served as general manager for five years.

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President Energy PLC - operated assets in South America - Notes that subsidiary Atome Energy PLC, a green hydrogen and ammonia production company that President plans to spin-out as a separate listing on AIM in London, names Olivier Mussat as CEO. Mussat was chief investment officer for Global Energy at the International Finance Corp, part of the World Bank. President Energy calls general meeting of shareholders for November 18 to approve the dividend in specie of the shares it holds in Atome Energy.

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Camellia PLC - Linton, England-based agricultural production firm - Appoints Stephen Buckland as non-executive director from Monday. Buckland had worked in Camellia's agricultural and banking businesses. He is a trustee of Camellia Foundation, a UK charity whose primary donor is the ultimate majority shareholder of Camellia with a 52% stake.

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Filtronic PLC - Leeds-based antenna maker - Hires Jonathan Neale as non-executive chair, starting November 15. Neale replaces Reg Gott, who retired at the company's annual general meeting last week. Neale has been chief operating officer of McLaren Group for the past five years, having been CEO of McLaren Racing F1 prior. Before McLaren, he was with defence contractor BAE Systems PLC.

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Invinity Energy Systems PLC - London-based flow battery maker - Hires Kristina Peterson as non-executive director, starting immediately. Peterson is an investment banker, who worked in the power and telecommunications teams at ABN Amro Bank NV and Citibank, part of Citigroup Inc.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2024 20:48

IN BRIEF: Serabi Gold swings to profit; revenue climbs

Serabi Gold PLC - Brazil-focused gold mining and development company - Revenue rises to USD63.7 million in 2023 from USD58.7 million a year earlier. Swings to pretax profit of USD8.2 million from a loss of USD776,304. Gold production for the full year of 2023 increases to 33,153 ounces from 31,819 ounces.

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17 Apr 2024 10:50

AIM WINNERS & LOSERS: Inspecs confident but Scirocco eyes AIM exit

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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17 Apr 2024 10:24

Serabi quarterly gold production rises; reiterates output guidance

(Alliance News) - Serabi Gold PLC on Wednesday reported an increase in its first quarter gold production and remains on track to meet its annual output guidance.

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8 Apr 2024 17:03

TRADING UPDATES: ECR Minerals confident on Creswick drilling results

(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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8 Apr 2024 11:00

Serabi Gold reports progress at Palito complex

(Sharecast News) - Serabi Gold updated the market on its regional exploration campaign at the Palito complex in the Tapajos region of Para State in northern Brazil on Monday, reporting significant progress and findings.

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31 Jan 2024 15:58

Serabi Gold renews trial licence for Coringa

(Sharecast News) - Serabi Gold announced the renewal of its trial mining licence for the Coringa mine on Wednesday.

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31 Jan 2024 11:36

IN BRIEF: Serabi Gold shares surge as Coringa trial licence renewed

Serabi Gold PLC - Brazil-focused gold mining and development company - National Mining Agency issues three-year renewal of Serabi's trial mining licence for its Coringa mine in north-central Brazil. New licence permits transportation of up to 50,000 tonnes of ore per year from Coringa for processing at Serabi's Palito Complex. Brazil's State Secretariat for Environment & Sustainability, or SEMAS, continues to analyse Serabi's application for the installation licence. Company is now permitted to install the planned crusher and ore sorter, expecting the latter to be operational by the fourth quarter. Serabi notes the agreement reached in July with the Bau indigenous territory's communities, which saw Kabu Institute and Mantino Indigenous Association representatives confirming their support for Coringa's long-term development.

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29 Jan 2024 17:17

Serabi reports improved full-year gold production

(Sharecast News) - Serabi Gold said in an update on Monday that in the fourth quarter of 2023, it achieved gold production of 7,891 ounces, and for the entire year, it recorded gold production of 33,153 ounces, marking a 4.2% year-on-year improvement.

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19 Dec 2023 13:33

Serabi Gold upbeat on latest exploration at Matilda

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold updated the market on exploration at the Matilda Copper Prospect in the Tapajos region of Para State on Tuesday.

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30 Nov 2023 13:53

Serabi swings to third-quarter profit as production grows

(Sharecast News) - Brazil-focussed gold miner Serabi Gold reported total third-quarter gold production of 8,738 ounces on Thursday - a slight increase from 8,541 ounces in the same period in 2022.

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28 Nov 2023 13:35

EARNINGS AND TRADING: Treatt revenue up; Crossword cuts outlook

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

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21 Nov 2023 11:49

Serabi Gold reports expanded reserve estimates at Palito

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold released updated mineral reserve estimates for its Palito Complex on Tuesday, including the Palito deposit and Sao Chico satellite deposit.

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19 Oct 2023 11:26

IN BRIEF: Serabi Gold purchases ore sorter for Coringa gold project

Serabi Gold PLC - Brazil-focused gold mining and development company - Buys ore sorter from Krakow-based Comex Group for use at its Coringa gold project in north-central Brazil, in the state of Para. Expects ore sorter to arrive in Brazil before the end of the year, and anticipates it to be operational by the third quarter of 2024. Says capacity of the ore sorter is 40 tonnes per hour, leading to a "significant" rise in gold production rates once operational.

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17 Oct 2023 11:27

Serabi Gold says gold production rises each quarter of year so far

(Alliance News) - Serabi Gold PLC on Tuesday said it delivered its highest quarterly production of the year in the third quarter.

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6 Oct 2023 13:07

Serabi Gold takes wraps off expanded resource at Palito

(Sharecast News) - Brazil-focussed miner and developer Serabi Gold unveiled an updated mineral resource estimate for its Palito Complex on Friday, spotlighting a substantial 50% growth in measured and indicated resources since December 2021.

Read more

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