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Getech shares rise as acting CEO and acting hair both made permanent

Getech Group PLC on Wednesday said it has named Acting Chair Michael Covington as permanent chair and acting Chief Executive Officer Richard Bennett as permanent CEO.

Shares in Getech rose 11% to. ....

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EXECUTIVE CHANGES: Direct Line CFO retires; Aquis moves CFO to Paris


EXECUTIVE CHANGES: Direct Line CFO retires; Aquis moves CFO to Paris
Thu, 13th May 2021 16:51
(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:
Direct Line Insurance Group PLC - Bromley, Kent-based motor and home insurer - Tim Harris retires as chief financial officer and board director. Harris, in post since 2019, had taken a leave of absence back in January while a family member underwent medical treatment. The treatment will take longer than expected, so Harris has decided to step down. Chief Strategy Officer Neil Manser, who had been acting as CFO, will now become CFO and an executive director. ....

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CORRECT: Maven Income & Growth VCT and VCT 5 complete first allotments


CORRECT: Maven Income & Growth VCT and VCT 5 complete first allotments
Thu, 4th Mar 2021 16:34
(Correcting that both VCTs remain open for subscriptions as they haven t reached the GBP40 million total capacity.)
Maven Income & Growth VCT PLC and Maven Income & Growth VCT 5 PLC - investment trusts managed by London-based Maven Capital Partners - The two venture capital trusts complete first share allotments, having raised GBP23.2 million of GBP40 million total capacity. The trusts each launched GBP10 million subscription offers back in October, each with GBP10 million over-allotment facilities that in February they confirmed they would utilise. Income & Growth VCT issues 28.5 million new shares at 43.62 pence to 44.19p, worth GBP12.6 million, and Income & Growth VCT 5 issues 24.9 million at 36.38p to 36.86p, worth GBP9.2 million, both for the 2020-21 tax year. A number of directors took part in the offer, including Alison Fielding of VCT and Graham Miller and Gordon Hump ....

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