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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
27 Jul 2022 14:26

IN BRIEF: United Oil & Gas produces less oil as price skyrockets

United Oil & Gas PLC - oil and gas company operating in Egypt, Italy and UK - Produces less oil in the half-year to June 30 than a year ago as the realised oil price skyrockets.

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6 Jul 2022 09:42

United Oil & Gas finds no hydrocarbons at ASV-1X well in Egypt

(Alliance News) - United Oil & Gas PLC shares fell on Wednesday, as the firm shared disappointing news from its exploration well in Abu Sennan license, onshore Egypt.

Read more
21 Jun 2022 22:13

TRADING UPDATES: Coca-Cola HBC and Pendragon shareholders show ire

(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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21 Jun 2022 14:56

United Oil spuds latest Abu Sennan development well

(Sharecast News) - United Oil & Gas announced the spudding of the Al Jahraa-14 development (AJ-14) well in the Abu Sennan licence, onshore Egypt on Tuesday.

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25 May 2022 16:04

UK shareholder meetings calendar - next 7 days

Thursday 26 May 
Aminex PLCAGM
Bank of Ireland Group PLCAGM
Belvoir Group PLCAGM
Central Asia Metals PLCAGM
Curtis Banks Group PLCAGM
Diaceutics PLCAGM
Duke Royalty LtdEGM re fundraise
East Star Resources PLCAGM
Energean PLCAGM
Henry Boot PLCAGM
Hochschild Mining PLCAGM
Legal & General Group PLCAGM
National World PLCAGM
Ocean Wilsons Holdings LtdAGM
OnTheMarket PLCGM re cancellation of capital
Prudential PLCAGM
S&U PLCAGM
Staffline Group PLCAGM
Strix Group PLCAGM
WAG Payment Solutions PLCAGM
Yu Group PLCAGM
Friday 27 May 
AG Barr PLCAGM
Big Technologies PLCAGM
Coca-Cola Europacific Partners PLCAGM
Destiny Pharma PLCAGM
Hostmore PLCAGM
Lancashire Holdings LtdAGM
Lekoil LtdEGM re appointment and remuneration of auditors
LSL Property Services PLCAGM
Malin Corp PLCAGM
Old Mutual LtdAGM
Oxford BioMedica PLCAGM
Renewables Infrastructure Group LtdAGM
Spectris PLCAGM
Monday 30 May 
Adriatic Metals PLCAGM
Clarify Pharma PLCAGM
Tuesday 31 May 
GYG PLCAGM
JTC PLCAGM
Lookers PLCAGM
McColl's Retail Group PLCAGM
Microlise Group PLCAGM
PageGroup PLCAGM
Petershill Partners PLCAGM
Sportech PLCAGM
Tekcapital PLCAGM
Wednesday 1 June  
Boku IncAGM
Parsley Box Group PLCAGM
One Media IP Group PLCAGM
United Oil & Gas PLCAGM
Flowtech Fluidpower PLCAGM
Dianomi PLCAGM
Honeycomb Investment Trust PLCGM re combination with Pollen Street Capital
East Imperial PLCAGM
Secure Income REIT PLCAGM
Public Policy Holding Co IncAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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5 May 2022 14:49

IN BRIEF: United Oil & Gas hires former Origin Enterprises exec as CFO

United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - Hires Peter Dunne as chief financial officer, starting Thursday. Dunne also will join the board and become company secretary at the company's annual general meeting on June 1, replacing David Quirke. Dunne joins from West Africa-focused Boru Energy Ltd, where he also was CFO. Prior to Boru, Dunne was finance director at AIM listing Origin Enterprises PLC and former AIM listing Petroceltic International PLC.

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26 Apr 2022 18:03

TRADING UPDATES: Billington faces headwinds; Immotion plans spin-off

(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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26 Apr 2022 15:51

EXECUTIVE CHANGES: Carnival promotes COO & UK chief Weinstein to CEO

(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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19 Apr 2022 18:01

IN BRIEF: United Oil & Gas meets production guidance in first quarter

United Oil & Gas PLC - London-based oil and gas company with projects in Egypt, Italy and the UK - First quarter production averages 1,567 barrels of oil equivalent per day in 2022. In the first quarter of 2021, United's net working interest production totalled 2,520 boepd. First half guidance for 2022 is between 1,500 to 1,650 boepd. All of United's production for the period was from its 22% non-operating interest in the Abu Sennan licence in Egypt. Says the first well in its 2022 drilling campaign started production at the end of March. The second well, ASV-1X, has commenced drilling.

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19 Apr 2022 12:40

United Oil makes production, development progress

(Sharecast News) - United Oil reported average first quarter production of 1,567 barrels of oil equivalent per day in an update on Tuesday.

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11 Apr 2022 21:14

TRADING UPDATES: WANdisco bookings up; STM legal appeal denied

(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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8 Apr 2022 21:57

TRADING UPDATES: Block Energy ups production; SEEEN wins new customers

(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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28 Mar 2022 18:17

IN BRIEF: United Oil & Gas starts production from Abu Sennan well

United Oil & Gas PLC - Dublin-based oil and gas company with assets in Egypt, the UK, Italy and Jamaica - Commences production from the ASD-2 development well in the Abu Sennan licence, onshore Egypt at an initial rate of 462 net barrels of oil per day, above pre-drill expectations.

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18 Mar 2022 20:38

TRADING UPDATES: Angle US lab boost; Corcel to capitalise on nickel

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

Read more
15 Mar 2022 14:28

United Oil rises on latest Abu Sennan drilling

(Sharecast News) - United Oil updated the market on the drilling of the ASD-2 development well in the Abu Sennan licence, onshore Egypt on Tuesday, where it holds a 22% working interest in the licence operated by Kuwait Energy Egypt.

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