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Investegate |Essentra plc Announcements | Essentra plc: Board Changes

Investegate |Essentra plc Announcements | Essentra plc: Board Changes
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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HomeServe appoints Tommy Breen as chairman designate | 27 January 2021


27 January 2021 | 07:50am
StockMarketWire.com - Home repairs and improvements business HomeServe said it had appointed Tommy Breen as chairman designate, to succeed Barry Gibson.
Breen would become cvhairman on 19 May 2021, after HomeServe publishes its results for the financial year to 31 March 2021, the company said.
Breen, an experienced non-executive director, was chief executive of DCC until 2017.
Gibson had served as chairman of HomeServe since 2010 and, with the support of HomeServe's shareholders, was appointed for one final term in April 2019.
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Homeserve appoints ex-DCC boss as chairman : CityAM


Homeserve has this morning appointed Tommy Breen as its new chairman, the home improvements firm announced.
Breen will replace long-serving Barry Gibson, who has held the role of chairman since 2010.
He will step down in May, when Homeserve presents its full year results.
Breen, a chartered accountant by training, joins the FTSE 250 firm from Essentra, the global packaging firm, where he is senior independent director.
Prior to that, he was the chief executive of FTSE 100-listed DCC, where he spent 30 years.
He said: “I am very much looking forward to joining HomeServe and working with Richard, his executive team and my new non-executive colleagues to deliver the company’s exciting growth potential.”

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Top UK Stocks to Watch: Fresnillo gold output to fall further in 2021


Top UK Stocks to Watch: Fresnillo gold output to fall further in 2021
Joshua Warner
January 27, 2021 9:15 AM
Fresnillo warns output will fall further this year, LondonMetric buys two warehouses, FDM Group surprises with a second interim dividend, Diversified Gas & Oil is preparing for ‘another exceptional year’, and Homeserve gets a new chairman.
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Top News: Fresnillo posts 12% fall in production and warns of further drop
Fresnillo said gold production was 12.1% lower in 2020 and warned it will drop further in 2021.
The FTSE 100-listed gold miner, which operates in Mexico, said annual production of gold fell to 769,600 ounces and that output this year would fall within a range of 675,000 to 725,000 ounces, representing a fall of between 5.8% and 12.3%.

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FTSE 100 slumps with investors nervous ahead of Fed meeting | 27 January 2021


27 January 2021 | 12:07pm
StockMarketWire.com - The FTSE 100 once again made solid enough start before steadily losing ground over the course of the day, by lunchtime the index was down 0.7% to 6,606.19.
Growing nervousness over the tack the US Federal Reserve might take on monetary policy seems to be the culprit alongside a growing risk of vaccine nationalism as a row between AstraZeneca and the EU over supplies rumbles on.
The ongoing threat of the pandemic was highlighted by the UK's death toll surpassing 100,000 yesterday.
Gold and silver miner Fresnillo reversed 8.4% to 973.2p after it forecast lower production for 2021, citing Covid-19 uncertainty and operational challenges in Mexico.

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Homeserve reveals appointment of new chairman


ome repairs and improvements company Homeserve named its new chairman on Wednesday. 
The Walsall-based company announced that Tommy Breen, a former boss of FTSE 100 sales and support services group DCC,  will succeed Barry Gibson as chairman.
Gibson signed up for a final term in April 2019 and has held the role for a decade. He is now off to chair Entain, the firm behind Ladbrokes. 
Breen joins the board of the firm -  which was promoted to the FTSE 100 last March -as a non-executive director with immediate effect, and will take up the role of chairman in May. 
Breen said: “I am very much looking forward to joining HomeServe and working with Richard, his executive team and my new non-executive colleagues to deliver the company’s exciting growth potential.”

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Vaccine row helps sink stocks with FTSE more than 1% lower | 27 January 2021


27 January 2021 | 16:36pm
StockMarketWire.com - The FTSE 100 traded down 1.2% by the close at 6,571.27 as the row over vaccine supplies from AstraZeneca into the EU continued.
The sceptre of vaccine nationalism and potential blocks on the exports of vaccines from the EU helped spook investors with other European markets heavily in the red.
US stocks fell too, with the S&P 500 down 1.4% to 3,794.76 by 4.30pm UK time with a lot of focus on the latest US Federal Reserve decision on monetary policy due later.
Bucking this trend were a number of heavily shorted stocks including GameStop, now up a remarkable 1,677% in the space of a month but also cinema operator AMC Entertainment.

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