(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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Enteq Upstream PLC - oil & gas drilling technology company based in Buckinghamshire - Promotes Andrew Law to board as commercial director from Tuesday. Law joined Enteq as director of international sales at the beginning of 2019. Enteq also tells its annual general meeting on Tuesday that revenue and adjusted earnings before interest, tax, depreciation and amortisation in half year ending Wednesday are likely to be in line with management expectations. Says it made a "satisfactory trading recovery" from the mid-March oil price slump and the effects of the Covid-19 pandemic. The North American market remains subdued, though, with the number of active drilling rigs down to 261 currently from 1,025 at the start of April. As a result, Enteq's rental revenue there is likely to keep shrinking until the current year-end in March, with few renewals expected.
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Rotork PLC - flow control and instrumentation company, headquartered in Bath - Lucinda Bell steps down as independent non-executive director from Wednesday after six years on the board.
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Advanced Oncotherapy PLC - London-based provider of proton therapy for cancer treatment - Hires Lori Cross as non-executive director, effective immediately. Cross is a 35-year medical technology and life sciences industry veteran, having worked at Smith & Nephew PLC, among other healthcare businesses. She is founder and president of MindSpan Consulting LLC.
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By Tom Waite; thomaslwaite@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Smith & Nephew (SN.)
Enteq Tech (NTQ)
Rotork (ROR)
Advanced Oncotherapy (AVO)