LONDON, UK: Net Zero Infrastructure Plc, a UK-based company focused on developing and investing in green energy projects, has announced its intention to acquire LINE Hydrogen (Australia) Pty Ltd, a renewable energy company that produces and distributes hydrogen fuel. The company said it has signed a non-binding letter of intent to acquire the entire issued…
Jeanine Wai appointed Vice President Investor Relations for North America of TotalEnergies
PARIS, FRANCE: Jeanine Wai is appointed Vice President Investor Relations for North America of TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), effective June 1, 2023. She replaces Robert Hammond who elected to retire from the Company. Jeanine Wai began her career in 2001 with Chevron as a process engineer in Downstream specializing in hydrocracking and base oils. From…
GetYourGuide raises $194 million to fuel travel rebound and AI ambitions
German online travel startup GetYourGuide has raised $194 million from investors, hoping to capitalize on a bump in demand for travel services in the summer, further an expansion into the U.S., and invest in large language models and other artificial intelligence tools. The Berlin-based company said Thursday it had raised the funding through a mix…
BW LPG Limited has appointed Ms Samantha Xu as Chief Financial Officer
SINGAPORE: BW LPG Limited has appointed Ms Samantha Xu as Chief Financial Officer (CFO), effective 1 September 2023. Samantha Xu has over 20 years of international finance experience in shipping and energy. She has held various financial leadership roles for leading companies in Asia, Europe and the Middle East, where she was involved in board…
du announces net zero carbon emissions targets by 2030 and 2050
Dubai, UAE: du, from Emirates Integrated Telecommunication Company (EITC), has announced its commitment to achieving net zero Scope 1 and 2 emissions within its operations in the UAE by 2030 and Scope 3 by 2050. The company will be focusing on key initiatives to reduce its carbon footprint, including improving energy efficiency and sourcing renewable…
Enteq Technologies appoints Mark Ritchie as new CFO
LONDON, UK: Enteq Technologies plc (AIM: NTQ.L), the energy services technology and equipment supplier, has appointed Mark Ritchie as Chief Financial Officer (“CFO”), who will commence his role on 16 June 2023, succeeding the current CFO David Steel. Mark Ritchie is an associate member of the Chartered Institute of Management Accountants and has over 20…
Frontier IP sells more Exscientia shares for $1.86 million
LONDON, UK: Frontier IP, a UK-based company that helps commercialise intellectual property, has announced that it has sold more shares of its portfolio company Exscientia, a biotech firm that uses artificial intelligence to discover new drugs. The company said it sold 288,850 American Depositary Shares (ADSs) of Exscientia for net proceeds of about $1.86 million…
Rotala Plc to sell Bolton Depot and buses
LONDON, UK: Rotala Plc (AIM: ROL.L), an operator of bus routes in the UK for businesses, local authorities and the general public, has announced that it has exchanged contracts with Transport for Greater Manchester (“TfGM”) and the Greater Manchester Combined Authority (“GMCA”) in relation to the conditional disposals of its Bolton depot and the majority…
Aurrigo International acquires GB Wiring Systems to expand automotive business
LONDON, UK: Aurrigo International plc (AIM: AURR) has acquired GB Wiring Systems Limited, specialist providers of electrical wiring harnesses and assemblies for the Automotive industry, for a consideration of approximately £0.25m (the “Acquisition”). The Acquisition will be immediately earnings enhancing and will complement Aurrigo’s existing Automotive business, allowing for improved supply chain logistics for key…
Avacta Group acquires Coris Bioconcept to expand diagnostics business
LONDON, UK: Avacta Group plc (AIM: AVCT), a life sciences company developing innovative, targeted oncology drugs and powerful diagnostics, announced today that it has acquired Coris Bioconcept SRL (“Coris”) for an upfront cash consideration of £7.4 million (on a debt-free/cash-free basis and subject to customary working capital adjustments), with an earnout based on future business…
Iain McCready joins Actual Experience as CEO after regulatory clearance
LONDON, UK: Actual Experience plc (AIM: ACT), the analytics-as-a-service company, confirms that Iain McCready has joined the board of the company as an Executive Director and Chief Executive Officer, effective immediately. Mr McCready’s appointment was announced on 26 May 2023, subject to regulatory due diligence by the company’s Nomad. The company said the due diligence…
TEAM acquires international wealth management firm Globaleye for £4.8 million
LONDON, UK: TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Globaleye BVI, the parent company of the Globaleye Wealth Management Group (“Globaleye”) for £4.8 million ($6 million). Globaleye is an international wealth management business, headquartered in Dubai, with five further offices and…