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Pin to quick picksTasty Share News (TAST)

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EXECUTIVE CHANGES: Imperial Brands CFO enters; DF Capital chair exits

Wed, 19th May 2021 16:24

(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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Distribution Finance Capital Holdings PLC - Manchester-based bank providing personal savings products and working capital to dealers and manufacturers - John Baines resigns as non-executive chair and as a director, effective immediately, having served as chair since July 2017. Senior Independent Director Mark Stephens is appointed interim non-executive chair while a search for a new chair is conducted. Stephens notes that Baines led DF Capital through its initial public offering and the securing of a UK banking license in 2020. DF Capital held its annual general meeting on Wednesday. Resolutions allowing directors to allot shares and granting authority to disapply pre-emption rights in share issues both received 54% support from shareholders. The former resolution passed, as it required only a majority, while the latter failed, as it required 75% support. DF Capital says it will consult with shareholders about the reasons for both votes.

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Imperial Brands PLC - Bristol-headquartered tobacco products - Confirms that Lukas Paravicini starts on Wednesday as chief financial officer, replacing Oliver Tant. Paravicini was CFO of agricultural commodities merchant ED&F Man Holdings Ltd. He originally was supposed to start in August, but Imperial Brands last month said his starting date had been moved up.

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Abcam PLC - Cambridge, England-based life science research reagents and tools - Senior Independent Director Louise Patten retires. Giles Kerr, on the board since 2018, is promoted to senior independent director.

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Alpha FX Group PLC - London-based foreign exchange risk management and international payments - Hires Vijay Thakrar as independent non-executive director, effective immediately. Thakrar, an accountant who was a partner at EY and Deloitte, sits on the board of London listings Alumasc Group PLC, Sanderson Design Group PLC and Treatt PLC.

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Redx Pharma PLC - Macclesfield, England-based discovery of treatments for cancer and fibrotic disease - Hires Natalie Berner as non-executive director, starting immediately. Berner is managing director for Therapeutics at venture capital and private equity firm Redmile Group LLC.

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Intelligent Ultrasound Group PLC - Cardiff, Wales-based artificial intelligence tools for diagnostic medical ultrasounds - Hires Ingeborg Oie as non-executive director. Oie is CFO of surgical robotics firm CMR Surgical. Prior to that, she was a medical devices and healthcare services analyst at Goldman Sachs Group Inc and Jefferies Financial Group Inc. Oie is a non-executive director of Georgia Healthcare, part of London-listed Georgia Capital PLC.

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Tasty PLC - London-based casual dining restaurant chains dim t and Wildwood - Hires Harald Samuelsson as independent non-executive director, starting immediately. Samuelsson was joint managing director of the Cote and Bill's restaurant chains in the UK.

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Sportech PLC - Edinburgh-based betting technology - Chris Rigg steps down as non-executive director from May 31, having joined the board in January 2019.

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Iconic Labs PLC - London-based media and technology company - Hires Christoph Manthe as non-executive director, effective immediately. Says Manthe has long experience in fund raising, financing, and real estate investing.

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Airea PLC - West Yorkshire-based floor coverings manufacturer - Hires Ryan Thomas as finance director and company secretary, starting June 11 and replacing Paul Stevenson, whom Airea previously said was stepping down. Thomas was the finance director of the European division of Eco-Bat Technologies Ltd, a producer and recycler of lead.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
13 May 2024 16:39

TRADING UPDATES: Adnams toasts first quarter sales; t42 wins deal

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

Read more
9 Apr 2024 16:53

LONDON MARKET CLOSE: Stocks struggle in nervy trade before US data

(Alliance News) - European equities closed lower on Tuesday, with sentiment downbeat ahead of Wednesday's US inflation reading, though impetus could be found in gold, which hit another record high.

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9 Apr 2024 15:42

Tasty to close 22 sites in restructuring amid "challenging times"

(Alliance News) - Tasty PLC on Tuesday announced a restructuring plan to combat "difficult recent trading conditions", and struck a loan agreement to bolster its coffers and "stabilise the company" in 2024.

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9 Apr 2024 13:06

Wildwood operator Tasty to shut around 20 sites as part of restructuring plan

(Sharecast News) - Restaurant operator Tasty said on Tuesday that it was planning to close around 20 loss-making sites as part of a restructuring, as it continues to "navigate through challenging times".

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27 Sep 2023 12:12

LONDON MARKET MIDDAY: Stocks fall on higher for longer rate worries

(Alliance News) - Stock prices in London were in the red at midday on Wednesday as markets remained uneasy about the prospect of global interest rates staying elevated for longer.

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27 Sep 2023 11:38

Tasty shares plunge as interim loss widens on rising costs

(Alliance News) - Tasty PLC on Wednesday reported a widened half-year loss on higher costs, but the restaurant operator said it is adapting to mitigate inflationary cost pressures.

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27 Sep 2023 10:42

Rising bills, cost-of-living crisis hit Tasty's bottom line

(Sharecast News) - Casual dining operator Tasty reported minor first-half revenue growth on Wednesday, with a 0.9% increase year-on-year to £21.7m.

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27 Sep 2023 10:26

AIM WINNERS & LOSERS: Tasty's interim loss widens, shares plunge 31%

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

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30 May 2023 15:45

UK shareholder meetings calendar - next 7 days

Wednesday 31 May 
Advanced Medical Solutions Group PLCAGM
Aferian PLCAGM
Bakkavor Group PLCAGM
Balanced Commercial Property Trust LtdAGM
Bodycote PLCAGM
CleanTech Lithium PLCAGM
Dianomi PLCAGM
DigitalBox PLCAGM
Emmerson PLCAGM
International Public Partnerships LtdAGM
Predator Oil & Gas Holdings PLCAGM
Rotala PLCAGM
RTC Group PLCAGM
Thungela Resources LtdAGM
TruSpine Technologies PLCGM re director appointment and removal
Xaar PLCAGM
Thursday 1 June 
Ecofin US Renewables Infrastructure Trust PLCAGM
Middlefield Canadian Income PCCAGM
Northcoders Group PLCAGM
PageGroup PLCAGM
Rurelec PLCGM re Argentinian interest sale to Verafont, Basic Energy, & Esteban Reynal
Tanfield Group PLCAGM
Friday 2 June 
Cap-XX LtdGM re fundraising
Conduity Capital PLCGM re future direction of the company
Kibo Energy PLCEGM re renewal of director authorisations to issue shares
Mirriad Advertising PLCGM re new ordinary shared admitted to trading on AIM
Monday 5 June 
EnQuest PLCAGM
Tuesday 6 June 
Billington Holdings PLCAGM
Mast Energy Developments PLCAGM
NB Global Monthly Income Fund LtdAGM
Tasty PLCAGM
WANdisco PLCGM re new shares authorisation and fundraise
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Mar 2023 16:15

Tasty swings to loss amid cost-of-living crisis

(Sharecast News) - Casual dining operator Tasty reported a 26% improvement in full-year revenue on Thursday, to £44m, despite facing inflationary pressures on labour, food, and utilities.

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30 Mar 2023 14:46

EARNINGS UPDATES: Microlise and Gattaca swing to annual profit

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

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30 Mar 2023 12:06

LONDON MARKET MIDDAY: Shares and pound up as market confidence builds

(Alliance News) - Equity markets continued to climb on Thursday at midday in London, with investors confident the threat of a banking crisis has been contained.

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17 Feb 2023 11:08

IN BRIEF: Tasty CFO Mayuri Vachhani to step down and leave firm

Tasty PLC - London-based casual dining restaurant operator - Says Chief Finance Officer Mayuri Vachhani is stepping down and leaving the company on March 31 to "pursue other opportunities". She joined Tasty in 2018. Says Ian Davies will replace Vachhani, with effect from next Monday.

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19 Sep 2022 12:35

IN BRIEF: Restaurateur Tasty warns inflation pressure hurting sales

Tasty PLC - London-based casual dining restaurant operator, including the 'dim t' and Wildwood brands - Pretax loss in half year that ended June 26 remains unchanged from a year before at GBP2.7 million, despite a nearly doubling in revenue to GBP21.5 million from GBP11.6 million. Other income drops to GBP213,000 from GBP2.1 million.Total operating expenses jump to GBP2.8 million from GBP628,000 due to a GBP1.6 million impairment charge versus none a year before. It operated 51 of its 54 restaurants during the recent six months.

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23 Jun 2022 21:28

TRADING UPDATES: FirstGroup extends takeover date; Tasty repays debt

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

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