EXECUTIVE CHANGES: Allied Minds and WH Ireland chairs to depart

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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Allied Minds PLC - Boston, Massachusetts-based intellectual property commercialisation - Chair Harry Rein won't stand for re-election to the board and will leave by May 31 at the latest. Says Rein will work with Senior Independent Director Bruce Failing and "the company's largest shareholders" on a transition to new independent directors. Back in February, 18% shareholder Crystal Amber Fund Ltd had requisitioned a general meeting to remove Rein. The fund alleged mismanagement of core portfolio holding Federated Wireless Inc and criticized the appointment of Failing as non-executive director, saying he wasn't independent of Rein. On Thursday, in response to Rein's decision, Crystal Amber withdrew its resolutions for the general meeting called for Tuesday next week.

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WH Ireland Group PLC - London-based broker and wealth manager - Philip Shelley will retire as non-executive chair on April 25, after three years with WH Ireland. Promotes Simon Lough to chair, having served as a non-executive director since 2019.

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XLMedia PLC - Henley-on-Thames-based marketing for online gaming, personal finance and sports - Hires Marcus Rich a non-executive chair, starting immediately. Rich worked at former London listing Daily Mail & General Trust PLC, where he was managing director of Mail on Sunday and commercial director of Associated Newspapers. Rich currently is non-executive chair of DigitalBox PLC. As XLMedia chair, Rich replaces Julie Markey, who has been interim chair since the departure of Christopher Bell at the end of February.

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RUA Life Sciences PLC - Glasgow-based medical devices using polymer technology - Adds Chief Financial Officer Lachlan Smith and Director of Clinical & Regulatory Affairs Iain Anthony to board, effective immediately. Smith joined as CFO in December, and Anthony joined in his current role in November.

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Everyman Media Group PLC - London-based cinema chain - Hires Jeremy Summerfield as CFO, joining the company and board on or before July 1. Summerfield most recently was CFO for Americas & EMEA at Dynata, a US-based data platform provider, prior to which he was finance director of Ogilvy & Mather, part of advertising and marketing firm WPP PLC. Everyman had announced the departure of Elizabeth Lake as CFO back in December.

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Technology Minerals PLC - London-based producer of battery metals from both mining and recycling of spent batteries - Hires James Hannon as CFO and a director, starting April 11. Nigel Ruddock retires as CFO and a director on Thursday. Hannon worked in natural resources broking and financial advisory at GMP Securities Europe LLP and Haywood Securities (UK) Ltd.

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By Tom Waite; thomaslwaite@alliancenews.com

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