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EXECUTIVE CHANGES: Hunter Eleco's Permanent CEO; 600 Group CFO Leaves

Wed, 10th Feb 2021 15:25

(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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Eleco PLC - construction software firm - Says Jonathan Hunter, who took on the role of interim chief executive back in September, has been appointed CEO on a permanent basis. Hunter was appointed to the board in June 2016, having held a number of senior management positions within Eleco since joining in 2010. He was appointed COO in 2017 prior to his appointment as interim CEO.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Says Chief Financial Officer Mitch Krasny steps down as a director with immediate effect by mutual agreement. A formal process to identify a successor has been initiated.

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GCP Infrastructure Investments Ltd - focuses primarily on investments in UK infrastructure debt - Says that, following conclusion of Wednesday's annual general meeting, Non-Executive Director David Pirouet has retired. Company appoints Steven Wilderspin, effective Wednesday. Wilderspin is currently a non-executive director at Blackstone Loan Financing Ltd and HarbourVest Global Private Equity Ltd.

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Mineral & Financial Investments Ltd - Cayman Islands-based investment company specialising in junior mining companies - Adds Mark Brown, president of Pacific Opportunity Capital Ltd, to the board as chair. Jacques Vaillancourt will assume the role of president, chief executive & director of the company.

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W Resources PLC - tungsten, tin and gold mining company - Says Non-Executive Director Oscar Marin Garcia will step down from the board on Friday to focus on increased commitments in his business. The search for a new non-executive is underway. Garcia says: "Whilst my current commitments mean I am unable to remain on the board of directors, I remain a strong advocate of W Resources and its operations in Spain and I intend to retain my beneficial shareholding in the company."

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Nuformix PLC - pharmaceutical development firm based in London - Says Chris Blackwell has resigned as non-executive chair and director of the company with immediate effect "due to personal reasons that require his immediate attention". A process to appoint a new chair will start immediately.

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Smith & Nephew PLC - medical devices manufacturer - Appoints John Ma as a non-executive director. Since 2019, he has served as chief executive & chair of Ronovo Surgical, a start-up soft tissue surgical robotics business he founded. "We are delighted to have secured a Board colleague with John's track record growing medical device businesses across China and the wider region," says Smith & Nephew Chair Roberto Quarta.

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Ground Rents Income Fund PLC - real estate investment trust - Appoints Barry Gilbertson as a non-executive director, effective Wednesday. He was recently appointed as executive chair of Custodian Capital Ltd, a subsidiary of Mattioli Woods PLC, in January. Adds that Malcolm Naish has informed the board he intends to retire as chair and a non-executive director at the company's next annual general meeting. It is intended Gilbertson will success Naish on his retirement.

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Atalaya Mining PLC - Cyprus-based copper producer - Appoints Neil Gregson, who has over 30 years' experience of investing in mining and oil and gas companies, as a non-executive director. From 2010 to 2020 he was a Managing Director at JP Morgan Asset Management where, as a member of the equity team, he was a portfolio manager investing in mining and energy companies globally.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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2 May 2019 12:52

W Resources Completes First T2 Blast At La Parrilla Project In Spain

LONDON (Alliance News) - W Resources PLC said on Thursday it has successfully shot the first T2 blast at the La Parrilla tungsten project in Spain.The blast covered a mainly barren zone, to

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30 Apr 2019 13:12

W Resources Full-Year Loss Widens But Positive On Growth Goals

LONDON (Alliance News) - W Resources PLC said on Tuesday its annual loss widened despite recording revenue, as the company said it is well positioned to deliver on its tungsten and tin production

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18 Apr 2019 11:19

W Resources Offers Early Exercise Of Warrants To Raise GBP1 Million (ALLISS)

LONDON (Alliance News) - W Resources PLC on Thursday offered its existing warrants holders an early exercise of up to 210.7 million warrants to acquire new shares at a strike price of 0.42 pence a

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16 Apr 2019 11:38

W Resources Starts Commissioning Of Jig & Mill Plant At La Parrilla

LONDON (Alliance News) - W Resources PLC on Tuesday said that commissioning of the jig & mill plant has started at La Parrilla, in Spain.The tungsten, copper and gold mining company the

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1 Apr 2019 13:34

W Resources Hails "Exceptionally Good" Drilling Results In Portugal

LONDON (Alliance News) - W Resources PLC on Monday announced "high-grade" intercepts during drilling at the Regua mine in northern Portugal.W Resources has so far completed over a

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18 Mar 2019 12:00

W Resources To Commission Flagship Plant La Parrilla In April

LONDON (Alliance News) - W Resources PLC on Monday said that jig and mill are on track for mechanical completion later this month at its flagship tungsten-tin project La Parrilla, in majority of a

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5 Feb 2019 11:07

W Resources Expects Output To Increase As It Makes Further Shipments

LONDON (Alliance News) - W Resources PLC has completed three further shipments from La Parrilla, the firm said Tuesday, with production set to rise further in the next month.W Resources the

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20 Dec 2018 14:52

W Resources feeds first ore into new crusher

(Sharecast News) - Spain and Portugal-focussed tungsten, copper and gold mining company W Resources has successfully fed the first mined ore into its newly-completed crusher, it announced on Thursday.

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10 Dec 2018 11:23

W Resources Completes Crusher Plant At La Parrilla Project

LONDON (Alliance News) - W Resources PLC said Monday the mechanical completion of a crusher plant at its tungsten and tin La Parrilla project in western Spain.W Resources said the of the of

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3 Dec 2018 13:11

Monday broker round-up

(Sharecast News) - Dunelm: Peel Hunt upgrades to buy with a target price of 750p.

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3 Dec 2018 12:33

W Resources Exports First Tungsten From La Parilla Mine In Spain

LONDON (Alliance News) - W Resources PLC on Monday reported the first shipment of tungsten concentrate from its La Parrilla mine, located in north-western Spain.The mining company said La a

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28 Nov 2018 12:52

Wednesday broker round-up

(Sharecast News) - Mark and Spencer Group: RBC Capital Market downgrades to sector performer with a target price of 320p.

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27 Nov 2018 12:51

W Resources Raises GBP1.5 Million In Share Placing To Fund Production (ALLISS)

LONDON (Alliance News) - W Resources PLC said Tuesday it raised GBP1.5 million in a placing of 306.1 million shares to secure funding for early start-up of production of tungsten and tin at its La

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20 Nov 2018 14:00

Tuesday broker round-up

(Sharecast News) - Coats: RBC Capital Markets initiates at outperform with a target price of 110p.

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20 Nov 2018 11:16

W Resources Starts Tungsten And Tine Production At La Parrilla

LONDON (Alliance News) - W Resources PLC said Tuesday it started producing tungsten and tin concentrate from its Spanish mine La Parrilla.Early start-up of production will allow the company

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