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Pin to quick picksZenith Energy Share News (ZEN)

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EXECUTIVE CHANGES: Long-serving Cranswick chair Davey to step down

Tue, 18th May 2021 17:01

(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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Cranswick PLC - Yorkshire-based meat producer - Martin Davey will retire as executive chair at Cranswick's annual general meeting on July 26. Davey has been a director of Cranswick for 36 years and chair for 17. Cranswick notes Davey was part of the team that brought Cranswick onto the London Stock Exchange in 1985. Non-Executive Director Tim Smith will become chair at the AGM.

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Personal Group Holdings PLC - Milton Keynes, Buckinghamshire-based employee benefits and services provider - Hires Liam McGrath as chief operating officer, starting on Monday next week. McGrath was COO of financial administrative services provider Equiniti Group PLC and also head of Lending Operations at Royal Bank of Scotland.

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Spectris PLC - Egham, England-based precision instrumentation and controls supplier - Hires Ravi Gopinath as non-executive director, starting June 1. Gopinath is chief strategy officer and chief cloud officer at Aveva Group PLC, having previously been executive vice president of the software business of Schneider Electric SE that was merged with Aveva in 2018.

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Braveheart Investment Group PLC - Hires Sue Hagan as non-executive director, starting Tuesday. Hagan is a pharmacist who currently is working on a Covid-19 in-vitro diagnostic point-of-care device. Previously she worked with biotech start-up Astrimmune Ltd in obtaining grants for the development of a non-invasive bladder cancer monitoring test.

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Zenith Energy Ltd - oil & gas production company focused on Africa - Hires Donatien Mpika to be country manager in Republic of Congo, having held the same position for Lynx Energy Trading Congo. Mpika also was an advisor to the government of the Republic of Congo.

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Love Hemp Group PLC - cannabidiol products maker - Hires Stephen White as chief marketing officer and Steve Horan as head of Marketing. White and Horan both worked previously for retailer JD Sports Fashion PLC in similar positions. Love Hemp says the pair will help develop its brand globally. Love Hemp is preparing to move to the London Main Market from Aquis Stock Exchange.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
4 Sep 2023 13:22

Zenith Energy signs accord for Kazakh asset, terminates two deals

(Alliance News) - Zenith Energy Ltd on Monday said it signed an accord with an Kazakh-incorporated firm, entitling Zenith a period of exclusivity of 90 days to evaluate a potential acquisition.

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29 Aug 2023 12:04

Zenith Energy buys US-listed company to use as acquisition vehicle

(Alliance News) - Zenith Energy on Tuesday said it has acquired Cyber Apps World Inc via a securities purchase agreement with Janbella Group LLC.

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4 Aug 2023 18:02

IN BRIEF: Zenith Energy ends discussions with Benin over Seme oilfield

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Decides to end negotiations with the Benin Ministry of Water and Mines for the finalisation of a production sharing contract for Block 1, which contains the Seme oilfield, offshore Benin. Says the board took this decision following a "comprehensive evaluation of recent geopolitical developments in the vicinity of Benin". This is alongside the "significant long-term investment required to successfully develop the Seme oilfield, and the material progress made in other jurisdictions where Zenith now intends to maximise its technical and financial resources with comparatively reduced risk for the company's shareholders".

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3 Aug 2023 18:04

IN BRIEF: Zenith Energy agrees to acquire Texas oil & gas interest

Zenith Energy Ltd - Calgary, Canada-based energy company with assets in Africa, Europe and the Middle East - Signs accord for acquisition of interest in Texas oil & gas acreage for around USD50,000. Says seller owns 100% gross working interest, 75% net revenue interest in 320 acres in a oil and gas lease of around 320 acres from surface down to a depth of approximately 800 metres, located in the east half of section 14, block 50 at University Lands in Crockett County, Texas. The seller will retain a carried GW of 10% of all drilling and completion work necessary for the first two wells to be drilled. Confirms its intention to operate the property and conduct oil and gas extraction and exploration activities. The seller has agreed to pay "its proportionate share of all subsequent drilling and completion work to be performed, as well as its share of ongoing operating costs, including workovers".

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2 Aug 2023 14:17

IN BRIEF: Zenith Energy pays off full Vienna bond coupon

Zenith Energy Ltd - Calgary, Canada-based energy company with assets in Africa, Europe and the Middle East - Says it recently made coupon payments, in respect of four multi-currency euro medium term notes, in full and on time. Company had issued the notes on the Vienna MTF. Notes were in Swiss francs, euros, US dollars and Great British pounds.

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31 Jul 2023 14:36

EARNINGS UPDATES: Kropz annual loss widens on impairments

(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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10 Jul 2023 11:07

Zenith Energy obtains USD6.5 million account seizure in Switzerland

(Alliance News) - Zenith Energy Ltd on Monday said it successfully obtained a "conservative seizure" for an amount equivalent to approximately USD6.5 million deposited in a bank account in Switzerland.

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5 Jul 2023 15:30

TRADING UPDATES: RTW plans buyback; Octopus AIM VCTs eye fundraise

(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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4 Jul 2023 16:20

IN BRIEF: Zenith Energy subsidiary awarded EUR30,000 in damages

Zenith Energy Ltd - Africa, Middle East and Europe-focused energy production and development company - On Monday, says its fully owned subsidiary Anglo African Oil & Gas Congo SAU has been awarded a payment of compensatory damages by the Paris Commercial Court in its claim against SMP Energies, the rig contractor that performed drilling services in wells TLP-103 and TLP-103C of the Tilapia oilfield during 2018 to 2019. SMP Energies is ordered to pay EUR30,000 to Anglo African.

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23 Jun 2023 10:42

IN BRIEF: Zenith signs deal with South Sudan for oil and gas licence

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Signs memorandum of understanding with the Minsitry of Petroleum in South Sudan for a licence negotiation. Says this relates to the acquisition and development of oil and gas production licences.

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7 Jun 2023 08:53

Zenith Energy asks arbiter for USD48 million from Tunisia for harm

(Alliance News) - Zenith Energy Ltd on Tuesday said it filed legal proceedings against Tunisia, accusing the government of harming the commercial interests of investors in the country.

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2 Jun 2023 09:34

IN BRIEF: Zenith Energy to buy various oil production assets across US

Zenith Energy Ltd - Calgary, Canada-based energy company with production, exploration and development assets in Africa and Europe - Signs deal with Stateside Energy LLC to buy a portfolio of oil production and development licences in Oklahoma, as well as certain other states in the US. Says under the deal, Zenith will incorporate a wholly owned special purpose vehicle in the US for the purpose of acquiring oil wells and licence blocks, called Newco. Says Stateside agrees to sell its oil production wells to Newco, subject to the completion of a satisfactory due diligence by Zenith for a nominal consideration.

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26 May 2023 09:11

Zenith Energy shares up on plans to move into US market

(Alliance News) - Zenith Energy Ltd shares were up on Friday, after it said it plans to buy in the US.

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17 Apr 2023 19:43

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale

(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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14 Mar 2023 13:10

Zenith provides Italian electricity production figures for two months

(Alliance News) - Zenith Energy Ltd on Tuesday provided an update on its electricity production at the Torrente Cigno concession in Italy for February and January.

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