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Pin to quick picksUnited Oil&gas Share News (UOG)

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UK EXECUTIVE CHANGE SUMMARY: United Oil & Gas Hires Former Tullow CFO

Wed, 23rd Dec 2020 13:44

(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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United Oil & Gas PLC - oil and gas company with assets in Egypt, Italy, Jamaica, and the UK - Appoints Tom Hickey as independent non-executive director, starting January 1. Hickey was chief financial officer of London-listed Tullow Oil PLC from 2000 to 2008. He currently is chief executive officer of Boru Energy Ltd, a West Africa focussed oil and gas company supported by Carlyle Group. Hickey holds 3.1 million United Oil shares, a 0.5% stake. Meanwhile, Alberto Cattaruzza will step down from the board on December 31. He has served as non-executive director since the United Oil's listing in 2017 via a reverse takeover of Senterra Energy, where Cattaruzza was a director.

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Tasty PLC - London-based casual dining restaurant operator - Sam Kaye moves from joint CEO to non-executive director, while Jonny Plant, the other joint CEO, becomes sole CEO, effective immediately. Says move is to allow Kaye "to devote more time to his other interests in these challenging times". Company will start search for an additional independent non-executive director.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Neil Carrick resigns as CFO, effective Wednesday. A restructuring by 600 Group announced last month would have meant Carrick moving to Orlando, Florida. The company had said at the time that he would resign after deciding he was unable to do so for personal reasons. 600 Group hires Mitch Krasny, a former CFO of numerous technology companies, including subsidiaries of Stockholm-based Telia Co AB, as its new CFO. In November, 600 Group had reported it swung to a loss in its financial year that ended March 28.

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Kavango Resources PLC - mineral exploration in Botswana - Chair Douglas Wright will resign from board at the end of December "to concentrate on his other business interests", having been in post since before the company's listing in 2018. Searching for new chair. In meantime, Non-Executive Director Mike Moles will serve as chair.

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Beeks Financial Cloud Group PLC - Glasgow-based connectivity provider for financial markets - Hires Kevin Covington as an independent non-executive director, starting January 4. Covington is a 30-year trading technology veteran, currently running fintech advisory firm Change Alley.

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Verici Dx PLC - Cardiff-based clinical diagnostics for organ transplant - Hires Angela Rose as senior director for Clinical Trial Operations, effective immediately. Rose joins from regenerative medicine biotech company Humacyte Inc, where she was responsible for global operational oversight and delivery of clinical development projects and clinical trials.

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KKV Secured Loan Fund Ltd - equipment leasing and asset finance investment - Hires David Copperwaite as independent non-executive director, starting from the conclusion of company's annual general meeting on December 31. Copperwaite, a resident of Guernsey, is on the board of directors of a number of investment funds, KKV says, and is the former chair of the International Bankers Association.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
30 Apr 2024 16:26

United Oil signs new consultancy deal with Iman Hill

(Sharecast News) - Jamaica and UK-focussed energy company United Oil & Gas announced a new consultancy arrangement with its non-executive director Iman Hill on Tuesday, to support the advancement of its Jamaican project.

Read more
16 Apr 2024 20:34

EARNINGS AND TRADING: AssetCo deputy retiring, Chapel Down ups revenue

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

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2 Apr 2024 12:29

United Oil upbeat on extension of Waddock Cross licence

(Sharecast News) - United Oil & Gas updated the market on the Waddock Cross oil field on Tuesday, in which it holds a 26.25% working interest, announcing the extension of the PL090 licence, the home of the Waddock Cross field, for an additional five years.

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2 Apr 2024 11:52

United Oil & Gas confirms oil field license extension

(Alliance News) - United Oil & Gas PLC said on Tuesday that the Waddock Cross licence has been extended by regulators for an additional five years through to March 31 2029.

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8 Mar 2024 14:28

UK shareholder meetings calendar - next 7 days

Monday 11 March 
Ground Rents Income Fund PLCAGM
Ramsdens Holdings PLCAGM
River & Mercantile UK Micro Cap Investment Company LtdAGM
Tuesday 12 March 
Impax Asset Management Group PLCAGM
Seed Capital Solutions PLCAGM
Shoe Zone PLCAGM
Wednesday 13 March 
abrdn China Investment Co LtdGM re liquidation
Safestore Holdings PLCAGM
Wincanton PLCGM re takeover by CEVA Logistics
Thursday 14 March 
Angus Energy PLCGM
Bank of Georgia Group PLCGM re acquisition of Ameriabank CJSC
Blackrock Sustainable American Income Trust PLCAGM
Friday 15 March 
BlackRock Energy & Resources Income Trust PLCAGM
Chrysalis Investments LtdAGM
Quantum Exponential Group PLCGM re delisting from AQSE
TruSpine Technologies PLCAGM (adjourned 2022)
United Oil & Gas PLCGM re fundraise and share sub-division
  
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
29 Feb 2024 18:06

TRADING UPDATES: United Oil adds Jamaica expert; Vaalco makes buy

(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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27 Feb 2024 14:18

TRADING UPDATES: Sondrel wins USD23 million contract

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

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27 Feb 2024 10:58

AIM WINNERS & LOSERS: Itim jumps on multi-million pound Quiz contract

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

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TRADING UPDATES: Begbies trading in line; Probiotix inks partnership

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

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25 Jan 2024 11:31

IN BRIEF: United Oil confirms amendment to production sharing contract

United Oil & Gas PLC - Oil and gas company, focused on Egypt, the UK and Jamaica - Confirms that the Jamaican Ministry of Science, Energy, Telecommunications & Transport has signed an amendment to a production sharing contract, thereby extending the Jamaican Walton Morant licence by two years to January 31, 2026. Explains that this will allow for additional technical studies to be undertaken, including piston core sampling and seismic reprocessing.

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25 Jan 2024 10:30

AIM WINNERS & LOSERS: Helium One drilling finds elevated helium shows

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22 Jan 2024 12:04

LONDON MARKET MIDDAY: Stocks up amid US tech lift before central banks

(Alliance News) - Stock prices in London inched into the green on Monday at midday, boosted by gains in New York on Friday after a tech rally overshadowed concerns about the timing of interest rate cuts from major central banks.

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22 Jan 2024 11:05

United Oil shares sink after Abu Sennan operator issues default notice

(Alliance News) - United Oil & Gas PLC shares plummeted on Monday after the operator of an Egyptian concession demanded the payment of nearly USD4 million in outstanding cash calls.

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22 Jan 2024 10:07

AIM WINNERS & LOSERS: Oriole receives samples from Mbe project

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

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2 Jan 2024 13:58

United Oil optimistic as completes tests at ASD S-1X exploration well

(Alliance News) - United Oil & Gas PLC on Tuesday said it has completed testing at the ASD S-1X exploration well on the ASD South prospect in the Abu Sennan licence in onshore Egypt.

Read more

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