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Share Price: 65.25
Bid: 63.50
Ask: 67.00
Change: 0.00 (0.00%)
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Open: 65.25
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SVM UK Emerging Fund is an Investment Trust

To outperform the IA UK All Companies Sector Average Index on a total return basis from investments in smaller UK companies.

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UK EXECUTIVE CHANGE SUMMARY: Harvest Minerals CFO Leaves To Save Cost

Tue, 14th Apr 2020 14:51

(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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Harvest Minerals Ltd - David Edghill departs as chief financial officer as part of company cost savings. Executive Chair Brian McMaster will oversee finance function. "The company remains registered in Australia with operations in Brazil and, as such, it has become clear that there are no efficiency gains in having a finance function in the UK," McMaster explained. Additionally, Frank Moxon steps down as non-executive director from June 30 "to pursue other interests".

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Dart Group PLC - Appoints Robin Terrell as independent non-executive director, starting immediately. Terrell was chief customer officer for Tesco PLC, having previously served as UK managing director for Amazon.com Inc and also MD of John Lewis Direct.

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SVM UK Emerging Fund PLC - Ian Gray hired as a non-executive director, as Tony Puckridge retires, both effective from March 6. Gray is an accountant who also is a non-executive director of DX Group PLC.

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Baronsmead Second Venture Trust PLC - Ian Orrock to retire from board on May 1, replaced as senior independent director by Malcolm Groat.

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Monks Investment Trust PLC - Hires Claire Boyle as non-executive director from May 1. Worked in equity investment for Robert Fleming Investment Management, American Express Asset Management, and Oxburgh Partners LLP.

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ValiRx PLC - George Morris resigns as director immediately.

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Idox PLC - Oliver Scott steps down as non-executive director, replaced by Alice Cummings, both immediately. Cummings was chief financial officer of InHealth Group, a healthcare services firm.

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Orient Telecoms PLC - Hires Wong Chee Keong as new non-executive chair. Wong has 40 years of experience in the telecommunications industry in Malaysia, Orient noted.

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Star Phoenix Group Ltd - Meng YuFeng joins board as nominee of Beijing Sibo Investment Management LP, a large shareholder. Meng has worked in the US, Australia and China in a 30-year career in management and consulting.

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Ocean Wilsons Holdings Ltd - Fiona Beck hired as non-executive director from Monday. She was chief executive officer of Southern Cross Cable Network, a submarine fibreoptic cable company connecting New Zealand and Australia to the US.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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