TRADING UPDATES: Wellnex extends Haleon deal; Crimson Tide wins deals
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Wellnex Life Ltd - Melbourne-based consumer healthcare products company - Appoints Non-Executive Director Eric Jiang as interim executive chair, effective immediately. Ash Vesali transitions to role of non-executive director, having served as interim executive chair for an agreed six-month period. Wellnex says that its search for a permanent chief executive officer, which it started in late October, is at an advanced stage and that it will provide an update in due course. Adds that it executed a strategic turnaround to make its operating model leaner and more efficient under Vesali's leadership, the early benefits of which include "improvements to capital management governance and consolidation of the company's product portfolio". Says it acknowledges Vesali's "significant contributions" and its "effective progress" during his tenure. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Wellnex Life Ltd shares jumped on Friday as the firm reported "measurable improvement" in its latest half-year. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - Wellnex Life Ltd on Tuesday said earnings have improved on a year-to-date basis as the company continues to execute its turnaround strategy. Read More
(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: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Wellnex Life Ltd - Melbourne-based consumer healthcare company - Non-Executive Chair Ash Vesali is set to take up the role of interim executive chair for up to six months, effective immediately. Notes he will return to his role as non-executive chair following this period. Says the change allows Vesali to devote more time to accelerating the company's ambition to fully capitalise on its potential. Adds that he will also be able to provide executive direction to the wider group. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Wellnex Life Ltd - Melbourne-based consumer healthcare company - Enters additional loan facility through Reach Wholesale worth up to AUD2.5 million, about USD1.6 million, and secured over the assets of its key subsidiaries. Notes its 24-month term and interest rate of 14%. Says coupon and key terms match those from the loan facility announced on July 31. Adds that the new facility provides "maximum flexibility" to enable continued growth. Says USD1.3 million will be drawn immediately for settling long-term obligations and for working capital purposes. Expects to draw down a further AUD365,000 shortly thereafter. Notes the balance of AUD825,000 requires prior approval of Reach in their discretion. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News: Read More
Wellnex Life Ltd - Melbourne-based consumer healthcare company - Joint Chief Executive Officer & Managing Director George Karafotias resigns. Steps down immediately as a director, but will stay on at the company for his three-month notice period "to provide appropriate handovers" and "ensure a smooth transition". Fellow joint CEO Zack Bozinovski will remain as sole CEO. Wellnex says it has agreed to repay Karafotias the full principal amount of a USD705,000 loan he had provided, plus accrued interest, within 90 days of his resignation. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
Wellnex Life Ltd - Melbourne-based consumer healthcare company said - Decides to sell Iron Ore Co brand to CW Retail Holdings Pty Ltd following an internal review initiated after its initial public offering on AIM in March. CW Retail forms part of the Chemist Warehouse group. Wellnex says the transaction, which was effective on Monday this week, is for no cash consideration in lieu of Wellnex Life's trading activity that supports its brands within Chemist Warehouse. Read More