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UK EXECUTIVE CHANGE SUMMARY: InnovaDerma Hires Blake Hughes As New CEO

Wed, 18th Nov 2020 15:42

(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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InnovaDerma PLC - London-based developer of beauty, personal care and life science products - Hires Blake Hughes as chief executive officer, effective immediately. Hughes replaces Interim CEO Joe Bayer, who will remain as executive chair and then revert to non-executive chair after a transition. Hughes, who will be based in the UK, was CEO of hair care range Philip Kingsley. Prior to that, he was managing director for Europe & Africa at skin care brand Murad.

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Solid State PLC - Redditch, England-based electronics for industrial and military markets - Promotes Nigel Rogers from non-executive director to non-executive chair, effective immediately. Rogers replaces Interim Chair Peter Haining, who reverts to non-executive director. Also recruits Peter Magowan as an independent non-executive director from January 1. Magowan is a former board member of computer chip designer ARM Holdings and was an executive at fund manager Fidelity International Ltd.

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Ethernity Networks Ltd - Lod, Israel-based network processing technology supplier - Graham Woolfman resigns as chair and board director, leaving by the end of the year "to concentrate on his other business interests". CEO David Levi will be interim executive chair until a replacement is found.

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W Resources PLC - tungsten, tin and gold mining in Spain and Portugal - Pablo Neira moves from non-executive director to executive director to oversee the La Parrilla tungsten and tin project in Spain as managing director. He joined the W Resources board back in September 2018. Also hires Paul Hailes as chief financial officer. Has was finance director for AIM-listed Immunodiagnostic Systems Holdings PLC.

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Alumasc Group PLC - Northamptonshire, England-based building products - David Armfield resigns after six years as non-executive director "due to pressure from other commitments", effective from December 31.

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Montanaro UK Smaller Companies Investment Trust PLC - Hires Barbara Powley as a non-executive director, effective immediately. Powley also is a non-executive director of M&G Credit Income Investment Trust PLC. Powley worked in the closed end funds teams at Fidelity and then BlackRock from 1996 until retiring in 2018.

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Benchmark Holdings PLC - Sheffield, England-based aquaculture genetics and nutrition - Hugo Wahnish to resign as non-executive director from February 9, after just over three years in post.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
25 May 2022 15:42

IN BRIEF: W Resources shares to be cancelled from AIM on Thursday

W Resources PLC - tungsten, tin and gold mining and exploration company in Spain and Portugal - Confirms shares will be cancelled from trading on the AIM market in London, effective from Thursday morning. Back in April, W Resources had cited the "unprecedented difficult financial and operating circumstances in which the company finds itself" due to the rise in energy prices. On Wednesday, the company refers to "extremely high liquid natural gas prices that placed an excessive cost burden on the La Parrilla mine in Spain with the further impact of the ongoing truck drivers dispute which caused a shortage of critical spare parts". Also in April, Grant Thornton UK LLP resigned as its nominated adviser and Alternative Resource Capital and Shard Capital as brokers.

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23 May 2022 19:29

TRADING UPDATES: Big Yellow's annual profit surges on occupancy gains

(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 Apr 2022 15:18

IN BRIEF: W Resources to delist from AIM in May as energy costs bite

W Resources PLC - tungsten, tin and gold mining and exploration company in Spain and Portugal - Plans to delist shares from trading on AIM market in London, effective from around May 24. Cites the "unprecedented difficult financial and operating circumstances in which the company finds itself" due to the recent rise in energy prices. Shares have been suspended from trading since the start of April, and W Resources says on Monday that Grant Thornton UK LLP has resigned as its nominated adviser and Alternative Resource Capital and Shard Capital as its brokers.

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5 Apr 2022 14:24

IN BRIEF: W Resources suspends shares due to cashflow uncertainty

W Resources PLC - tungsten, tin and gold mining and exploration company in Spain and Portugal - Suspends its shares from trading on the Alternative Investment Market. This follows the firm suspending its production at La Parilla mine in northwestern Spain due to parts shortages and cashflows uncertainty.

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18 Mar 2022 20:28

TRADING UPDATES: Elixirr buys in US; JPMorgan Russian wary of values

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

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18 Mar 2022 14:37

W Resources restarts La Parrilla after extended shutdown

(Sharecast News) - Portugal and Spain-focussed tungsten, tin and gold miner W Resources said on Friday that, following its maintenance shutdown, production at the La Parrilla mine in Spain had now restarted.

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2 Mar 2022 20:28

TRADING UPDATES: MediaZest virus hit; SpaceandPeople Network Rail deal

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

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2 Mar 2022 11:36

AIM WINNERS & LOSERS: Osirium wins contracts; musicMagpie flies lower

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

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24 Feb 2022 21:57

TRADING UPDATES: Enwell shuts down operations; i3 ups oil production

(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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18 Feb 2022 20:25

IN BRIEF: W Resources eyes fundraise early next week

W Resources PLC - tungsten, tin and gold mining and exploring company in Spain and Portugal - Says discussions regarding fundraise, which is expected to be in the form of debt, are at a "very advanced stage" and expects to complete the fund raise early next week.

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15 Feb 2022 14:44

IN BRIEF: W Resources shares down by a third as fundraise on horizon

W Resources PLC - tungsten, tin and gold mining and exploring company in Spain and Portugal - Says fourth quarter production at its La Parrilla mine of tungsten concentrate dropped 47% to 89.7 tonnes from 168.3 tonnes in the prior quarter, with the recovery rate dropping quarter-on-quarter to 31% from 58%. Says production was hit by limited access to medium and higher-grade ore caused by a two-week delay in blasting, as well as delays caused by heavy rainfall into the pit. Heavy rain also constrained crushed ore operations, but stockpile will resolve the issue.

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15 Feb 2022 10:42

AIM WINNERS & LOSERS: Eqtec up on Billingham deal; MySale tumbles

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

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5 Jan 2022 15:52

IN BRIEF: W Resources raises GBP830,000 amid lowered output guidance

IN BRIEF: W Resources raises GBP830,000 amid lowered output guidance

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5 Jan 2022 12:16

W Resources reports tough Q4, raises £0.83m to cover cash flow

(Sharecast News) - Spain and Portugal-focussed tungsten, tin and gold exploration and mining company W Resources updated the market on production at the La Parrilla tungsten and tin mine in Spain on Thursday, as it completed a £0.83m fundraise to relieve recent pressures on cash flow.

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15 Nov 2021 19:13

TRADING UPDATES: Kingswood buys wealth manager; Helios capacity grows

TRADING UPDATES: Kingswood buys wealth manager; Helios capacity grows

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