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Pin to quick picksTouchstone Exploration Share News (TXP)

Share Price Information for Touchstone Exploration (TXP)

London Stock Exchange
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Share Price: 19.25
Bid: 19.00
Ask: 19.50
Change: -0.25 (-1.28%)
Spread: 0.50 (2.632%)
Open: 19.375
High: 19.25
Low: 18.70
Prev. Close: 19.50
TXP Live PriceLast checked at -

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EXECUTIVE CHANGES: New chairs for Wilmington, Touchstone, and EGT

Mon, 14th Apr 2025 14:25

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

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Wilmington PLC - Birmingham, England-based data, information, education and training for governance, risk and compliance markets - Hires Gordon Hurst to be chair, replacing Martin Morgan on June 23. Hurst was finance director of outsourcing firm Capita PLC from 1996 to 2015 and was chair of cybersecurity firm Darktrace PLC from its London listing in 2021 until its acquisition in 2024.

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Touchstone Exploration Inc - onshore oil and gas producer in Trinidad - Promotes Kenneth McKinnon to chair, having been a board member since 2012. McKinnon replaces John Wright, who retires from the board immediately. Touchstone also says it will reduce the size of its board to six at its annual general meeting on June 18. With Wright's departure, the board currently has eight members, including Chief Executive Officer Paul Baay.

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European Green Transition PLC - developing green economy assets in Europe, such as a copper-graphite and rare earth mining projects in Sweden - Names Co-Founder Cathal Friel as non-executive chair, starting Monday. Friel co-founded European Green Transition in 2021 and is the company's largest shareholder. He had a 19% stake upon the company's listing on AIM a year ago. The current chair, Daniel Akselson, will remain on the board as a non-executive director.

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Inspired PLC - Isle of Man-based energy and sustainability advisor - Chair Richard Logan will step down at the company's AGM in June, having been in post for four years and on the board for eight. The company is seeking a successor.

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CleanTech Lithium PLC - lithium exploration and mine development in Chile - Names Ignacio Mehech as CEO and board director. Mehech was country manager in Chile for US chemical maker and lithium producer Albemarle Corp for seven years, leaving in 2024. Executive Chair Steve Kesler says he plans to step back to non-executive chair when "the time is right".

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dotdigital Group PLC - London-based customer experience and data platform - Hires Tom Mullan to be chief financial officer, joining the board on April 30. Mullan previously was CFO at Gresham Technologies PLC, a London-based software and services firm that was acquired by STG Partners LLC last year. Mullan replaces Alistair Gurney, whom dotdigital previously said is leaving "to pursue a new business opportunity".

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Savannah Resources PLC - developing Barroso lithium project in Portugal - Hires Henrique Freire to be chief finance officer, starting Monday. Freire is Savannah's first Portuguese CFO, it notes, and will be based in Lisbon. He joins from EDP SA, the largest energy producer, distributor, and retailer in Portugal. Current CFO Michael McGarty moves to chief corporate officer, a new role in Savannah.

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By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.

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Canaccord Genuity cuts target price on Touchstone Exploration

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on oil and gas business Touchstone Exploration from 60.0p to 90.0p on Monday but said there was "still plenty of upside" to the stock despite recent changes in production guidance.

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13 Nov 2024 14:17

Touchstone cuts production guidance on Cascadura delays

(Alliance News) - Touchstone Exploration Inc on Wednesday reported that production rose in its third quarter, but reduced full-year guidance as it eyes a lower Brent crude price.

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Touchstone Exploration touts new Rio Claro licence for Primera Oil

(Alliance News) - Touchstone Exploration Inc on Tuesday said that Primera Oil & Gas Ltd, its Trinidad-based subsidiary, has executed an exploration and production licence for the Rio Claro block.

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23 Aug 2024 20:43

IN BRIEF: Touchstone has backing of 41% of Trinity shareholders

Touchstone Exploration Inc - Calgary, Canada-based oil exploration firm - Says Andrew Byles sells further 85,000 shares in Trinidad & Tobago-focused oil exploration and production firm Trinity Exploration & Production PLC. Touchstone has launched a takeover for Trinity. Byles now holds 2.2% stake in Trinity. Byles has pledged support for Touchstone's bid. Touchstone says at August 22 has irrevocable undertakings for 41% of Trinity stock.

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21 Aug 2024 12:15

IN BRIEF: Touchstone says takeover offer for Trinity won't be raised

Trinity Exploration & Production PLC - Trinidad & Tobago-focused oil exploration and production firm - Calgary, Canada-based Touchstone Exploration Inc says its takeover offer for fellow AIM listing Trinity is final and won't be raised but will remain open. The board of Trinity Exploration earlier this month switched its support to a rival offer from Lease Operators Ltd, but Touchstone on Wednesday reports that it has acceptances for its offer from shareholders in Trinity representing 41.3% of its shares. Touchstone asks Trinity shareholders to take no action on the Lease Operators offer. "We continue to believe that the Touchstone offer represents an attractive opportunity to materially enhance value for both Trinity's and Touchstone's shareholders, and we have therefore decided not to allow the Touchstone offer to lapse at this juncture" says Touchstone Chief Executive Officer Paul Baay.

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13 Aug 2024 14:15

Touchstone Exploration profit soars as quarterly production ramps up

(Alliance News) - Touchstone Exploration Inc on Tuesday lowered guidance for the year while reporting strong financial performance in the second quarter on the back of increased production.

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(Correcting that Touchstone Exploration Inc is listed on AIM, not the London Main Market.)

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SMALL-CAP WINNERS & LOSERS: Touchstone postpones Coho capital program

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Touchstone considering its bid for Trinity as competing offer emerges

(Sharecast News) - Touchstone Exploration updated the market on its all-share offer for Trinity Exploration & Production on Monday, after the announcement of a recommended offer by Lease Operators for Trinity.

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