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Pin to quick picksTower Resources Share News (TRP)

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UK EXECUTIVE CHANGE SUMMARY: Tekmar Says Close To Hiring New CEO

Wed, 30th Sep 2020 16:49

(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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Tekmar Group PLC - Newton Aycliffe, County Durham-based technology and services for offshore energy - Tells annual general meeting that Alasdair Macdonald continues to lead as executive chair but search for new CEO is nearing conclusion. Has shortlist of candidates being interviewed and expects to make an announcement in mid-October.

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IG Group Holdings PLC - London-based provider of contract-for-difference trading - Adds Wu Gang to board as non-executive director. Has over 25 years experience in investment banking. Led European investment banking team of CLSA Securities, the international investment banking platform of China's CITIC Securities Co Ltd. Prior to that worked for Royal Bank of Scotland, HSBC and Merrill Lynch in Hong Kong and London, having started career at Goldman Sachs.

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Standard Chartered PLC - London-based emerging markets lender - Hires Maria Ramos as independent non-executive director starting January 1. Ramos also will be a non-executive director of Standard Chartered Bank. Ramos is based in South Africa and was chief executive officer of ABSA Group Ltd, which previously was Barclays Africa Group.

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St James House PLC - Windsor, Berkshire-based lottery and e-commerce company - Promotes Dan Pym to finance director, having joined company in 2017 as project accountant. Pym has been head of finance since November last year.

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Finablr PLC - Abu Dhabi-based owner of Travelex currency exchange and money transfer service - Karim Awad resigns as director with immediate effect.

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Harworth Group PLC - Rotherham, South Yorkshire-based land regenerator - Says Angela Bromfield will succeed Lisa Clement as senior independent director when Clement retires on October 31.

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Conygar Investment Co - UK property investment and development - Michael Wigley retires as non-executive director from Wednesday, having served on board since AIM float in 2003.

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Tower Resources PLC - Africa-focused oil and gas - Paula Brancato hired as independent non-executive director, effective immediately, replacing David Thomas. Brancato is an investment advisor with Barnum Financial Group in New York.

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Carclo PLC - West Yorkshire-based supplier of technical plastics products for medical, optical and aerospace industries - Non-Executive Director Nick Sanders moves up to chair, effective immediately. Sanders replaces Joe Oatley, who steps back down to non-executive director, having acted as chair since April 27. Oatley replaces Peter Slabbert as senior independent director. Sanders joined board back in August as chair elect.

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Oakley Capital Investments Ltd - provides access to private equity investments of Oakley Funds - Hires Fiona Beck as non-executive director from Thursday. Beck is an accountant who serves on numerous company boards, including of London-listed Ocean Wilsons Holding Ltd.

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Path Investments PLC - energy and natural resources investment - Proposes Nick Tulloch as non-executive director. Tulloch is a UK capital markets advisor, specialised in oil and gas, having worked with Cazenove, Arbuthnot and Cantor Fitzgerald. Also appoints Jack Allardyce as executive director, effective immediately. Was oil and gas equity research analyst and also worked at consultancy Wood Mackenzie. Tommaso Corrado resigns as non-executive director after four years on the board.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
8 May 2019 13:49

Tower Resources flags slight delay to drilling on NJOM3

(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on operations on the Thali block in Cameroon on Wednesday, reiterating that it was in the final stages of planning the NJOM3 well, which would be drilled to a total depth of 1,100 metres.

Read more
8 May 2019 10:58

Tower Resources Forced To Delay Cameroon Work After Further Data

LONDON (Alliance News) - Tower Resources PLC is to delay work at the Thali block in Cameroon after getting further data from two other wells, it said Wednesday.Tower had been planning to to

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3 May 2019 18:33

Tower Resources Assigns Half Of Bridging Loan To Joint Broker Clients

LONDON (Alliance News) - Tower Resources PLC on Friday said Pegasus Petroleum Ltd has agreed to assign 50% of a bridging loan to clients of its joint broker.Pegasus Petroleum is owned by to

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16 Apr 2019 12:54

Tower Resources Gets Bridging Loan While Seeking Cameroon Financing

LONDON (Alliance News) - Tower Resources PLC on Tuesday said it has agreed a USD750,000 bridging loan with a single lender as it works to secure funding for its Thali offshore oil project in in at

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8 Feb 2019 10:35

WINNERS & LOSERS SUMMARY: Earthport Up In Visa-Mastercard Bidding War

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - down 2.4%. Citigroup has reduced its rating -

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8 Feb 2019 08:51

Tower Resources Optimistic As Total Finds Gas Next Door

LONDON (Alliance News) - Tower Resources PLC on Friday noted the discovery by Total SA of "significant gas condensate" at the Brulpadda exploration well in South Africa.The well a

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24 Jan 2019 10:38

WINNERS & LOSERS SUMMARY: St James's Place Gains After Resilient 2018

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - WINNERS----------St up The

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24 Jan 2019 09:48

Tower Resources Raises GBP1.7 Million Via Share Placing (ALLISS)

LONDON (Alliance News) - Tower Resources PLC on Thursday raised GBP1.7 million via issue of 170.0 million shares at 1 pence each.Shares in the company were trading down 24% at 0.91p oil gas

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7 Dec 2018 14:22

Tower Resources Signs Contract For Thali Licence Drill Rig In Cameroon

LONDON (Alliance News) - Tower Resources PLC said Friday it has signed a contract for a jack-up rig needed to begin drill operations at its Thali licence, offshore Cameroon.The contract was

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7 Dec 2018 08:43

Tower Resources signs contract for jack-up rig in Cameroon

(Sharecast News) - Africa-focussed oil and gas company Tower Resources announced on Friday that its wholly-owned subsidiary, Tower Resources Cameroon, has signed a contract with Vantage Drilling International for the Topaz Driller jack-up rig to provide drilling operations for the NJOM-3 well.

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7 Nov 2018 12:13

Tower Resources Signs New Petroleum Agreement With Namibian Government

LONDON (Alliance News) - Tower Resources PLC said Wednesday that unit Tower Resources (Namibia) Ltd has signed a new petroleum deal with the government of Namibia.The agreement covers an in

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1 Nov 2018 09:18

Tower Resources moving forward after Thali reserves report

(Sharecast News) - Africa-focussed oil and gas company Tower Resources announced the results of an independent reserves report on Thursday, across its Thali licence, offshore Cameroon, in which it held a 100% licence interest.

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23 Oct 2018 12:55

David And Monique Newlands Build 5% Stake In Evgen Pharma (ALLISS)

LONDON (Alliance News) - Evgen Pharma PLC said Tuesday that David and Monique Newlands now own 5.06% stake in the company.The Newlands' holding before the transaction, if any, was not

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28 Sep 2018 13:59

Tower Resources Interim Loss Widens On Exploration Asset Impairment

LONDON (Alliance News) - Tower Resources PLC on Friday reported a significantly wider interim loss on increased impairments during the half.In the six months ended June, the oil and gas to

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21 Sep 2018 11:43

Tower Resources Unit Seeks Partner For Algoa-Gamtoos Licence

LONDON (Alliance News) - Tower Resources PLC said Friday that New Age Energy Algoa Ltd, the operator of the Algoa-Gamtoos licence in South Africa, is seeking a partner for a share of the licence a

Read more

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