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Share Price: 175.00

Bid: 170.00

Ask: 180.00

Change: 0.00 (0.00%)

Spread: 10.00 (5.882%)

Open: 175.00

High: 175.00

Low: 175.00

Prev. Close: 175.00

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UK EXECUTIVE CHANGE SUMMARY: Qinetiq Replaces Admiral With General

Mon, 21st Sep 2020 16:22

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:

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Qinetiq Group PLC - Appoints Gordon Messenger to board as independent non-executive director from October 12, replacing James Burnell-Nugent, a former admiral who steps down from the board after 10 years at the end of 2020. Messenger served as a Royal Marine for 37 years, ending as general, vice chief of the Defence Staff, a position he held for three years until retiring in 2019.

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UP Global Sourcing Holdings PLC - Oldham, Greater Manchester-based consumer brands - Ultimate Products names Jill Easterbrook and Christine Adshead as independent non-executive directors as Co-Founder Barry Franks steps down as non-executive director, all effective Monday. Franks will leave the board but remain as president, having founded the company in 1997 alongside Chief Executive Officer Simon Showman. Easterbrook was CEO of fashion retailer Boden and prior to that held senior roles at Tesco PLC for 16 years. She currently is non-executive director of Auto Trader Group PLC and Ashtead Group PLC. Adshead is a former partner at PwC, where she worked for 20 years.

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Universe Group PLC - Southampton, Hampshire-based retail management solutions, payment and loyalty systems - Finance Director Daryl Paton to step down "to pursue a new career opportunity" after three years in post. Paton will remain for a handover to a successor, and the company has commenced a search.

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Tandem Group PLC - Birmingham-based sports, leisure and mobility equipment - Appoints Juliet Barratt as non-executive director, subject to regulatory due diligence checks. Barratt is co-founder and former chief marketing officer of sports nutrition brand Grenade.

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Invesco Enhanced Income Ltd - investment trust that aims to provide consistent and high level of income to investors - Michael Lombardi resigns after eight years on board, effective immediately, "in order to make more time for his other priorities".

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Property Franchise Group PLC - Bournemouth-based estate agency franchises - Appoints Eric Walker as managing director of Martin & Co for South & Scotland, effective immediately. Intends to appoint an MD for Martin & Co for Midlands & North "in due course".

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By Tom Waite; thomaslwaite@alliancenews.com

More News

9 Sep 2011 15:53

Poor retail outlook hits Tandem

AIM-listed sports and leisure equipment firm Tandem has warned that profits are to fall in the first half, compared with the same period last year, due to broader challengers for retailers. Pre-tax profit in the six months to 31 July is expected to be lower than the £648,000 reported the year befor

3 May 2011 07:21

Tandem revenue slips as profits rise

Sports and leisure equipment firm Tandem said revenue for the year ended 31 January fell 3% while pre-tax profit increased. The group incurred a number of cost pressures such as increases in freight and raw materials prices as well as shipping line disruptions and Far East labour shortages. Revenu

9 Feb 2011 15:01

Tandem predicts marginally improved profit

Sports and leisure equipment supplier Tandem says that its 2010-11 pre-tax profit will be slightly better than last year. AIM-quoted Tandem had already warned that Christmas trading might be weak and like-for-like turnover was 12.8% lower in the three months to December 2010. The poor weather had

20 Oct 2010 16:51

London close: Footsie shrugs off spending cuts

A strong performance on Wall Street breathed life back into Footsie after the leading share index suffered a weak spell following the Compehensive Spending Review (CSR). One sector to give the CSR the thumbs up was bus companies such as Stagecoach, Go-Ahead, FirstGroup and National Express. The sub

20 Oct 2010 14:21

London afternoon: Shares drift lower

Shares turned south over the lunchtime session though it is difficult to ascribe any of the losses to the impact of the Comprehensive Spending Review, much of which was widely as expected. Mining stocks are doing their bit to counteract the effects of Footsie stalwarts BAE Systems, Smiths Group and

20 Oct 2010 13:41

Tandem cautious on Christmas trading

The share price of sports and leisure equipment firm Tandem back-pedalled on Wednesday after the company said that tough trading conditions in September and October had made it wary about the group's prospects over the crucial Christmas trading period. Group revenue in the 27 weeks to 15 October wa

3 Sep 2010 16:33

London close: US jobs data buoys Footsie

Footsie was buoyant as trading closed for the weekend following some well-received US jobs data. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous two months was also revised higher, exciting another

3 Sep 2010 14:13

London afternoon: Footsie hits 4-month peak

Dealing rooms across the City strapped on their buying boots ahead of the weekend following a much smaller than expected fall in US nonfarm payrolls. The number of Americans who lost their jobs in August was 54,000 compared with predictions of over 100,000. The payrolls count in both the previous t

3 Sep 2010 12:16

London midday: Traders play 'spot the bid target'

Footsie finished the morning not far off its high for the day, marginally above the 5,400 mark. It was a quiet morning for hard news, however, so traders entertained themselves with some good old fashioned bid speculation. Temporary power solutions provider Aggreko is the top performer on whispers

3 Sep 2010 09:02

London open: More gains for Footsie

Blue chips made progress early on for a sixth consecutive day, though all eyes will be on the US non-farm payrolls number at 1.30pm. US and Asian stocks made posted modest gains overnight. Autonomy is higher for a second day. Gossip doing the rounds yesterday was acquisition-hungry US software gian

3 Sep 2010 07:19

Tandem flags 'well ahead' FY

Sports and leisure equipment firm Tandem said it expects full year results to be well ahead of market expectations and will pay an interim dividend. The group said demand for its bikes remains strong with orders for bicycles, accessories and its toy businesses continuing to grow. "Increasing dema

21 Jun 2010 14:04

Tandem Group 20 Week Revenue Up 8% >TND.LN

LONDON (Dow Jones)--Tandem Group PLC (TND.LN), a manufacturer and distributor of sports and leisure equipment, said Monday revenue for the 20 weeks to June 18 was 8% above the comparative period last year. MAIN FACTS: -Trading conditions continue to be difficult due to cost pressures in resp

21 Oct 2009 08:11

Tandem H1 profit jumps 21%

Bikes, toys and sporting goods distributor Tandem said half year pre-tax profit jumped 21.3% while revenue rose 5.2%. Revenue for the six months ended 31 July 2009 rose to £18,949,000 from £18,020,000 in the same period last year. Profit before tax increased to £547,000 from £451,000. No dividend i

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UK EXECUTIVE CHANGE SUMMARY: Qinetiq Replaces Admiral With General

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