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EXECUTIVE CHANGES: Clinigen taps new chair; essensys hires from WeWork

Tue, 03rd Aug 2021 15:29

(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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Clinigen Group PLC - Staffordshire-based pharmaceuticals services and products - Hires Elmar Schnee as independent non-executive director & chair-designate and Ian Johnson as senior independent director. Schnee, a former Merck KGaA executive, will replace Peter Allen as chair at the November annual general meeting. Schnee most recently was chair of Nasdaq-listed Jazz Pharmaceuticals PLC. Johnson is executive chair of AIM-listed asthma care company Circassia Group PLC and also non-executive chair of Redcentric PLC. He will replace Anne Hyland as senior independent director, though Hyland will remain on the board as a non-executive director. Additionally, Ian Nicholson will step down from the board in November.

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Trinity Exploration & Production PLC - oil assets in Trinidad and Tobago - Executive Chair Bruce Dingwall is hospitalised for a "serious health incident". Trinity says Dingwall is in stable condition. Senior Independent Director Nicholas Clayton becomes interim non-executive chair. Managing Director Jeremy Bridglalsingh continues to lead the executive management team.

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San Leon Energy PLC - oil and gas production, development and exploration in Nigeria - Chief Financial Officer Lisa Mitchell resigns after two years in post to take up a new role. Mitchell will remain for a handover while San Leon searches for a new CFO.

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Warpaint London PLC - colour cosmetics under the W7 and Technic brands - Hires John Collier as independent non-executive director, starting September 1. Collier is a Canadian who is based in New York and served as president of North America for cosmetics firm Revlon Inc from 1996 to 2018.

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essensys PLC - London-based software and cloud services for flexible workspace industry - Hires Eric Schaffer as CEO of Asia-Pacific business, effective immediately. Schaffer is head of Real Estate Advisory for APAC at flexible space provider WeWork. Schaffer will report to essensys Founders & CEO Mark Furness.

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Altus Strategies PLC - mining royalties in Africa - Hires Mark Campbell as general manager of the Egyptian branch of 100% subsidiary Akh Gold Holdings Ltd. Campbell also will be chair of the subsidiary. Akh Gold recently was awarded four gold projects in the Eastern Desert of Egypt. Campbell is based in Cairo and is the retired CEO of Toronto-listed Aton Resources Inc.

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Gowin New Energy Group Ltd - Taiwan-based LED-related products and high-mountain tea - Wang Huai Chun resigns as CFO, effective immediately. Appoints Shu Yi How in his place.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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1 May 2024 16:56

LONDON MARKET CLOSE: FTSE 100 down ahead of US interest rate decision

(Alliance News) - Stock prices in London closed mostly in the red on Wednesday, as investors eye the latest interest rate decision from the US Federal Reserve this evening.

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1 May 2024 11:55

LONDON MARKET MIDDAY: FTSE 100 treads water as Fed takes centre-stage

(Alliance News) - London's FTSE 100 traded off session highs heading into Wednesday afternoon, as some pre-Federal Reserve decision nerves kicked in.

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1 May 2024 10:20

Touchstone to snap up rival Trinity in £24m deal

(Sharecast News) - Shares in Trinity Exploration & Production soared on Wednesday, after it agreed to be taken over by rival Touchstone Exploration.

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1 May 2024 10:16

AIM WINNERS & LOSERS: Trinity up after agreeing to Touchstone takeover

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

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1 May 2024 10:09

Trinity Exploration shares jump as agrees takeover by Touchstone

(Alliance News) - Touchstone Exploration Inc on Wednesday said it reached an agreement to buy Trinity Exploration & Production PLC.

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1 May 2024 08:57

LONDON MARKET OPEN: FTSE 100 shakes off New York slump before Fed

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 brushing off some pre-Federal Reserve decision trepidation to record an early rise, while the dollar climbed on the expectation that Jerome Powell will sound hawkish in his press conference later.

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26 Apr 2024 20:02

TRADING UPDATES: Facilities by ADF profit hit by Hollywood strikes

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

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15 Apr 2024 12:05

Trinity Exploration's combined reserves and resources fall 23%

(Alliance News) - Trinity Exploration & Production PLC on Monday said its recoverable reserves and resource base had declined following a revision of estimates.

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1 Feb 2024 14:27

TRADING UPDATES: Genflow wins new research grants; Seeen margin rises

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

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11 Jan 2024 11:38

IN BRIEF: Trinity Exploration shares down as annual sales miss target

Trinity Exploration & Production PLC - exploration and production company, focused on oil projects in Trinidad & Tobago - Says sales volumes for fourth quarter of 2023 averaged 2,736 barrels of oil per day, up 1.1% from 2,705 barrels in the third quarter. Full-year volumes averaged 2,790 bopd, down 6.2% from 2,975 bopd in 2022 and "marginally below" previous guidance of between 2,800 and 2,900 bopd. Quarterly onshore sales averaged 1,462 bopd, down 2.1% from 1,493. Average realisation of USD71.6 per barrel in the fourth quarter is down from USD75.4 the prior year. Pre-hedging earnings before interest, tax, depreciation and amortisation decreases to USD4.1 million from USD7.0 million.

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4 Jan 2024 14:28

IN BRIEF: Trinity Exploration up after Trinidadian reform takes effect

Trinity Exploration & Production PLC - exploration and production company, focused on oil projects in Trinidad & Tobago - Says the Trinidad & Tobago Finance Act 2023, approved by the country's president in December, has now taken effect. The act drops the supplemental petroleum tax rate for small shallow marine area producers, defined as petroleum producers in marine areas producing less than 4,000 barrels of crude oil per day. All existing offshore production as well as future growth projects which fall under this limit "will benefit significantly from this reform", Trinity says.

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18 Dec 2023 12:28

Trinity Exploration experiences operational challenges at Jacobin well

(Alliance News) - Trinity Exploration & Production PLC on Monday said that operational challenges had slowed production at its Jacobin oil discovery project.

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29 Nov 2023 14:25

TRADING UPDATES: Synectics announces contract win; LifeSafe revenue up

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

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20 Nov 2023 14:17

EARNINGS AND TRADING: Active Energy notes Ashland delay; MTI profit up

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

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8 Nov 2023 13:05

Trinity Exploration makes progress at Jacobin oil discovery

(Sharecast News) - Trinity Exploration updated the market on its operations at the Jacobin oil discovery in Trinidad and Tobago on Wednesday.

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