AUCKLAND, NEW ZEALAND: Sandra Dodds will join the Board of Contact Energy as an independent director on 1 September 2021, a news release said. The Board has also appointed her as Chair of Contact’s Audit & Risk Committee, replacing director Dame Therese Walsh who departs the Board at the end of August 2021. Sandra Dodds…
EROAD’s share purchase plan closes oversubscribed
AUCKLAND, NEW ZEALAND: EROAD Limited announced that its NZ$16.1 million Share Purchase Plan (SPP) closed oversubscribed, receiving strong shareholder support with applications totalling almost NZ$43 million, approximately 267% of the amount sought. Given the significant demand and under the terms of the Share Purchase Plan (SPP), EROAD has opted to accept oversubscriptions of NZ$3.9 million,…
Daily Mail selling insurance risk business for £1.4bn
LONDON, UK: Daily Mail and General Trust (DMGT) has agreed the sale of RMS, its insurance risk business, to Moody’s Corporation, a global integrated risk assessment firm, for approximately £1.425 billion in cash at completion. DMGT in discussions to sell insurance risk division; Rothermere may acquire remaining shares of DMGT Paul Zwillenberg, CEO, commented: “The sale of…
Aqeel Ahmed Khan appointed CEO of Hascol Petroleum
KARACHI, PAKISTAN: Hascol Petroleum Limited has approved the appointment of Aqeel Ahmed Khan as its CEO w.e.f. 5 August 2021, replacing Adeeb Ahmad who has resigned from the position. The Board has also approved the appointment of Zafar lqbal Chaudhry and Mustafa Ashraf to the Board as independent directors. Hascol is currently in negotiations with its creditors…
Acomo takes Victoria Vandeputte on board
ROTTERDAM, NETHERLANDS: Acomo (Amsterdam Commodities N.V.) will appoint Victoria Vandeputte (50) as Non-Executive Director. The appointment fits the planned expansion of the Acomo Board, which has been speeded up since the size of the group has significantly grown following the acquisition of Tradin Organic at the end of 2020. Belgian-born Victoria Vandeputte has a long track…
Advanced Instruments to buy Solentim for $240mn
STOCKHOLM, SWEDEN: Advanced Instruments has signed an agreement to acquire Solentim, a global leader in innovative solutions for cell line development of biopharmaceutical products. The acquisition of Solentim adds a highly complementary, differentiated and innovative portfolio of bioprocessing instruments and consumables to Advanced Instruments, and significantly expands the commercial and R&D capabilities of Advanced Instruments’…
CyanConnode Holdings awarded London Stock Exchange’s Green Economy Mark
LONDON, UK: CyanConnode Holdings plc, a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, has been awarded the Green Economy Classification & Mark by the London Stock Exchange. This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange’s Main Market and…
Clinigen Group partners with Eyevance Pharmaceuticals
LONDON, UK: Clinigen Group plc has signed an exclusive agreement to partner with Eyevance Pharmaceuticals, a wholly-owned subsidiary of Santen Pharmaceutical Co., LTD, to manage the supply and distribution of NATACYN (natamycin ophthalmic suspension) 5%, an ocular antifungal drug for topical administration. As part of the agreement, the marketing authorisations for NATACYN will be transferred…
DeepMatter collaborates with University of Cambridge
LONDON, UK: DeepMatter Group has commenced a project with the University of Cambridge’s Innovation Centre in Digital Molecular Technologies (iDMT), an open innovation research centre co-funded by the University of Cambridge, AstraZeneca, Shionogi, and the European Regional Development Fund. DeepMatter will provide its DigitalGlassware platform to iDMT as part of the development of a fully…
Frasers Group notifies CEO transition
LONDON, UK: Frasers Group is now in discussions with regards to transitioning the CEO role from Mike Ashley to Michael Murray over the course of FY22. It is currently proposed that Michael Murray will assume the role of CEO on 1 May 2022. A reward and remuneration package is now under consideration on the assumption…
Chaarat Gold Holdings notifies CEO transition
LONDON, UK: Chaarat Gold Holdings announced that Artem Volynets will step down by mutual agreement from his role as Chief Executive Officer (CEO) and Executive Director with immediate effect and will move into a senior adviser role. The Company’s Executive Chairman, Martin Andersson, will serve as interim CEO until the formal appointment of a successor…
Resolute Mining sells Bibiani Gold Mine for $90 million
LONDON, UK: Resolute Mining Limited has agreed to sell its interest in the Bibiani Gold Mine to Asante Gold Corporation for total cash consideration of US$90 million. Resolute and Asante are committed to ensuring an orderly transition of ownership at Bibiani. Asante is dedicated to injecting the necessary capital to achieve the rapid restart of…