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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.

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(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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10 Apr 2024 09:26

SMALL-CAP WINNERS & LOSERS: Treatt profit up; Speedy Hire falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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10 Apr 2024 09:17

Treatt delivers 'sold' H1 performance, sales accelerate in Q2

(Sharecast News) - Ingredients manufacturer Treatt said on Wednesday that it had delivered a "solid performance" in the first half of its current trading year, with sales accelerating in Q2 and year-on-year profit growth.

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10 Apr 2024 09:01

Treatt to meet full-year profit expectations despite fall in revenue

(Alliance News) - Treatt PLC shares rose on Wednesday after it predicted a slight increase in half-year profit, despite destocking in the first quarter hurting sales.

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10 Apr 2024 08:51

LONDON MARKET OPEN: Stocks up ahead of US inflation data

(Alliance News) - European equities opened higher on Wednesday, as investors shook off nerves ahead of a key inflation reading from the US.

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7 Mar 2024 16:03

UK dividends calendar - next 7 days

Friday 8 March 
Aberforth Smaller Cos Trust PLCdividend payment date
Aberforth Split Level Income Trust PLCdividend payment date
Avon Protection PLCdividend payment date
Baronsmead Second Venture Trust PLCdividend payment date
Baronsmead Venture Trust PLCdividend payment date
Blackstone Loan Financing Ltddividend payment date
GCP Infrastructure Investments Ltddividend payment date
Majedie Investments PLCdividend payment date
Paragon Banking Group PLCdividend payment date
PRS REIT PLCdividend payment date
Renew Holdings PLCdividend payment date
Residential Secure Income PLCdividend payment date
S & U PLCdividend payment date
SSE PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Monday 11 March 
no events scheduled 
Tuesday 12 March 
Invesco Perpetual UK Smaller Cos Investment Trust PLCdividend payment date
Wednesday 13 March 
Tharisa PLCdividend payment date
Thursday 14 March 
abrdn PLCex-dividend payment date
abrdn UK Smaller Cos Growth Trust PLCex-dividend payment date
Alpha Real Trust Ltdex-dividend payment date
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Ferguson PLCex-dividend payment date
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Haleon PLCex-dividend payment date
Heavitree Brewery A PLCex-dividend payment date
Heavitree Brewery PLCex-dividend payment date
JPMorgan Emerging Markets Invest Trust PLCex-dividend payment date
Lancashire Holdings Ltdex-dividend payment date
LPA Group PLCex-dividend payment date
Merchants Trust PLCdividend payment date
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NatWest Groupex-dividend payment date
Real Estate Credit Investments Ltdex-dividend payment date
Treatt PLCdividend payment date
Tritax EuroBox PLC dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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4 Mar 2024 12:14

IN BRIEF: Treatt appoints David Shannon as new CEO

Treatt PLC - manufacturer and supplier of extracts and ingredients for the beverage, flavour and fragrance industries - Appoints Croda International PLC's David Shannon as group chief executive officer and as a director, effective June 3. Ryan Govender and Alison Sleight will continue as interim CEO and interim chief financial officer respectively until Shannon joins, when Govender will resume his role as CFO and Sleight as group finance and IT director.

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25 Jan 2024 20:21

TRADING UPDATES: Treatt revenue falls; Secure Trust profit picks up

(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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25 Jan 2024 15:06

UK dividends calendar - next 7 days

Friday 26 January 
abrdn Private Equity Opportunities Trust PLCdividend payment date
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Walker Crips Group PLCdividend payment date
Monday 29 January 
J Smart & Co (Contractors) PLCdividend payment date
Mondi PLCex-dividend payment date
Tuesday 30 January 
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Wednesday 31 January 
Albion Venture Capital Trust PLCdividend payment date
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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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LONDON MARKET MIDDAY: Stocks down before expected ECB hold and US data

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SMALL-CAP WINNERS & LOSERS: Strong festive trading for Fuller's pubs

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25 Jan 2024 07:18

Revenue declines as expected at Treatt

(Sharecast News) - Food and beverage ingredients specialist Treatt said in an update on Thursday that during the first quarter, it experienced a year-on-year decline in revenue, in line with expectations.

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UK shareholder meetings calendar - next 7 days

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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
13 Dec 2023 11:55

IN BRIEF: Treatt names finance director Alison Sleight as interim CFO

Treatt PLC - Manufacturer and supplier of extracts and ingredients for the beverage, flavour and fragrance industries - Appoints Alison Sleight as interim chief financial officer, effective January 1. Sleight, who is currently the group finance and IT director, will report to the board but will not be appointed as a director of the company. She will also be appointed as company secretary.

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Treatt names Alison Sleight as interim CFO

(Sharecast News) - Food flavourings business Treatt has appointed Alison Sleight to the role of interim chief financial officer, with effect from 1 January 2024.

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