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UK EXECUTIVE CHANGE SUMMARY: United Oil & Gas Hires Former Tullow CFO

Wed, 23rd Dec 2020 13:44

(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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United Oil & Gas PLC - oil and gas company with assets in Egypt, Italy, Jamaica, and the UK - Appoints Tom Hickey as independent non-executive director, starting January 1. Hickey was chief financial officer of London-listed Tullow Oil PLC from 2000 to 2008. He currently is chief executive officer of Boru Energy Ltd, a West Africa focussed oil and gas company supported by Carlyle Group. Hickey holds 3.1 million United Oil shares, a 0.5% stake. Meanwhile, Alberto Cattaruzza will step down from the board on December 31. He has served as non-executive director since the United Oil's listing in 2017 via a reverse takeover of Senterra Energy, where Cattaruzza was a director.

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Tasty PLC - London-based casual dining restaurant operator - Sam Kaye moves from joint CEO to non-executive director, while Jonny Plant, the other joint CEO, becomes sole CEO, effective immediately. Says move is to allow Kaye "to devote more time to his other interests in these challenging times". Company will start search for an additional independent non-executive director.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Neil Carrick resigns as CFO, effective Wednesday. A restructuring by 600 Group announced last month would have meant Carrick moving to Orlando, Florida. The company had said at the time that he would resign after deciding he was unable to do so for personal reasons. 600 Group hires Mitch Krasny, a former CFO of numerous technology companies, including subsidiaries of Stockholm-based Telia Co AB, as its new CFO. In November, 600 Group had reported it swung to a loss in its financial year that ended March 28.

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Kavango Resources PLC - mineral exploration in Botswana - Chair Douglas Wright will resign from board at the end of December "to concentrate on his other business interests", having been in post since before the company's listing in 2018. Searching for new chair. In meantime, Non-Executive Director Mike Moles will serve as chair.

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Beeks Financial Cloud Group PLC - Glasgow-based connectivity provider for financial markets - Hires Kevin Covington as an independent non-executive director, starting January 4. Covington is a 30-year trading technology veteran, currently running fintech advisory firm Change Alley.

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Verici Dx PLC - Cardiff-based clinical diagnostics for organ transplant - Hires Angela Rose as senior director for Clinical Trial Operations, effective immediately. Rose joins from regenerative medicine biotech company Humacyte Inc, where she was responsible for global operational oversight and delivery of clinical development projects and clinical trials.

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KKV Secured Loan Fund Ltd - equipment leasing and asset finance investment - Hires David Copperwaite as independent non-executive director, starting from the conclusion of company's annual general meeting on December 31. Copperwaite, a resident of Guernsey, is on the board of directors of a number of investment funds, KKV says, and is the former chair of the International Bankers Association.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Samuel Kaye, the multi-millionaire founder of the restaurant chain operator Tasty, has added to his stake in the company with the purchase of £93,000 of shares. He snapped up 300,000 shares at 31p a time and now has about 9.1m shares, or 19.1% of the company, which operates the oriental-themed DimT

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Tasty profits from DimT and Wildwood operator

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Tasty moves into profit

Tasty, the restaurant operator behind the Dim T and Wildwood chains, moved into profit in the half year to June 27 and said that trading is in line with expectations. It posted a pre-tax profit of £13,000 for the period, against a loss of £49,000 over the same period the previous year, as turnover

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Tasty Raises GBP2M Via Placing, Sees 1Q Trading Profitable

LONDON (Dow Jones)--Tasty Plc (TAST.LN), a restaurant operator, announced Wednesday a placing to raise GBP2.0 million, with first quarter trading expected to be profitable. MAIN FACTS: -The company indicated that the first quarter trading had improved year on year and that the company expect

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Small caps: Tasty revenue growth at Dim T owner

Tasty, which owns the Dim T and Wildwood restaurant chains, saw losses widen in the year to 27 December due to various one-off costs but revenues increased and the company said 2010 has started well. Pre-tax losses for the period totalled £2.1m, compared with £1.59m the previous year, even as reven

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