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Pin to quick picksSurgical Innovations Share News (SUN)

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UK EXECUTIVE CHANGE SUMMARY: Premier Oil And DP Poland Board Changes

Thu, 07th Jan 2021 16:02

(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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Premier Oil PLC - oil and gas company with operations in countries including Mexico, the UK, Vietnam, and Brazil - Appoints three additional directors to board, subject to completion of its proposed merger with Chrysaor Holdings Ltd. All will be independent non-executive directors. Alan Ferguson was finance director of Lonmin, BOC Group and Inchcape PLC. He currently is a non-executive director of AngloGold Ashanti Ltd and of Marshal Motor Holdings PLC, where he is senior independent director. Margareth Ovrum left Equinor this month after working for the Norwegian energy company and its predecessor companies since 1982. She currently is a non-executive director of oil field services firm TechnipFMC PLC. Andy Hopwood retired from BP PLC at the end of last year, having been chief operating officer of Upstream.

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DP Poland PLC - Domino's Pizza franchisor in Poland - Piotr Dzierzek joins the board on Friday as chief executive officer, together with two new non-executive directors, Przemyslaw Glebocki and Jakub Chechelski. At the same time, Gerry Ford and Chris Moore resign as non-executive directors. The changes are confirmed after Thursday's general meeting approves issue of 327.5 million new shares for the purchase of Dominium SA, a Polish pizza restaurant group, from Malaccan Holdings Ltd. Malaccan will have 45% of the newly enlarged total shares of DP Poland.

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Versarien PLC - Cheltenham, Gloucestershire-based advanced materials engineering - Promotes Stephen Hodge to chief technology officer and board member from head of Research. Hodge had joined Versarien from Cambridge Graphene Ltd in 2018.

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Surgical Innovations Group PLC - Leeds-based technology for minimally invasive surgery - Adam Power will retire as development director at the end of 2021 but remain as a non-executive director until the end of 2022.

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Okyo Pharma Ltd - London-based biotech firm focused on inflammatory dry eye diseases and chronic pain - Gabriele Cerrone hired as non-executive chair and Gary Jacob as CEO and executive director. Cerrone is founder and executive chair of AIM-listed Tiziana Life Sciences PLC, and he co-founded Nasdaq-listed Cardiff Oncology Inc. He also was co-founder and chair of Synergy Pharmaceuticals Inc and Callisto Pharmaceuticals Inc. Jacob was co-founder, CEO and chair of Synergy and the former CEO of Nasdaq and ASX-listed Immuron Ltd.

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Pembroke VCT PLC - venture capital trust focused on companies in design, education, food, beverage & hospitality, wellness, digital services, and media - Hires Mark Stokes and Louise Wolfson as non-executive directors, effective from Friday last week. Stokes is chief commercial officer of London-based specialist lender United Trust Bank and previously was a managing director at Lloyds Corporate & Commercial Banking, part of Lloyds Banking Group PLC, Williams & Glyn, and Metro Bank PLC. Wolfson is a corporate lawyer who was a partner at Allen & Overy LLP and Pinsent Masons LLP.

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Edge Performance VCT PLC - venture capital trust - Confirms that Robin Miller stepped down as non-executive director on Thursday last week.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
15 Apr 2014 08:38

Surgical Innovations Profit Hit By Investment, Exchange Rate

LONDON (Alliance News) - Surgical Innovations Group PLC Tuesday posted a decline in pretax profit for 2013, despite seeing revenue rise, due to the US Dollar exchange rate and its investment in streamlining its manufacturing operations. Surgical Innovations produces devices for use in minim

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15 Apr 2014 07:50

UK MORNING BRIEFING: Aggreko Leads After Mixed Results

LONDON (Alliance News) - Aggreko is leading the FTSE 100 in early trading Tuesday after the temporary power company said it has seen mixed results in its first quarter, with strong underlying revenue growth in two of its three regions being impacted by adverse currency movements as previously exp

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6 Feb 2014 14:02

Sector movers: Mobile telecoms, healthcare stocks rise as results impress

The mobile telecoms and healthcare categories were putting in decent performances on Thursday in London after results from sector heavyweights Vodafone and Smith & Nephew impressed. Vodafone gained 2.4% in afternoon trade after revenues declined by a less-than-expected 3.6% in the third quarter to

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17 Jan 2014 11:31

Surgical Innovations profits hit by invest plan and exchange rates

Shares in Surgical Innovations declined sharply after the company warned its profits had been hit by the US dollar exchange rate and its investment during the second half. The company, which develops solutions for minimally invasive surgery, said it therefore expected 2013 earnings before interest

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17 Jan 2014 10:15

UK BROKER RATING CHANGES: Goldman Raises View On Insurance Sector

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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SOCGEN STARTS MORRISON WITH 'SELL' - TARGET 200 PENCE
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SOCGEN CUTS PRICE TARGET TESCO TO 270 (290) PENCE -

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17 Jan 2014 10:05

Friday broker round-up UPDATE

Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr

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17 Jan 2014 08:28

Surgical Innovations Shares Drop On Profit Warning

LONDON (Alliance News) - Shares in Surgical Innovations Group PLC fell sharply Friday morning after it said that its adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for the full year ended December 31 would be significantly below the previous year. The company

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17 Jan 2014 08:13

UK MORNING BRIEFING: Shares Open Higher Despite Shell Warning

LONDON (Alliance News) - UK shares have opened higher Friday despite negative news from two FTSE 100 companies, Royal Dutch Shell and Shire.

The oil major issued a profit warning, and the pharmaceutical firm said it will book a loss on the sale of

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5 Nov 2013 10:28

Surgical Innovations Ships First Products Under Surgioscopy Deal

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24 Oct 2013 10:29

Surgical Innovations To Develop New Production Facility In Leeds

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4 Oct 2013 10:28

Surgical Innovations Appoints Romain Pizzi To Clinical Advisory Board

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10 Sep 2013 10:23

Surgical Innovations Group Profits Jump As Sales Increase 28%

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10 Sep 2013 09:15

Surgical Innovations adds progress in US to strong UK H1

Keyhole surgery equipment specialist Surgical Innovations sold more of its own branded products in the first half, leading to a strong rise in profits. The AIM-listed company, which flagged up these results in a pre-close statement, revealed its efforts to push into the US had resulted in an expan

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10 Sep 2013 08:17

Tuesday broker round-up UPDATE

African Barrick Gold: Investec shifts target price from 135p to 137p, while downgrading from hold to sell. Aquarius Platinum: JP Morgan moves target price from 39p to 49p, while downgrading from neutral to underweight. Citi lowers target price from 66p to 54p and downgrades from buy to neutral. As

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16 Aug 2013 08:44

Surgical Innovations triples profits in first half

First half profits have more than tripled at keyhole surgery equipment maker Surgical Innovations as many UK hospitals convert to using its products. The AIM company said revenues for the six months to end-June were 28% ahead of the same period last year at £3.88m, with profit before tax for the p

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