Benchmark Holdings bids farewell to its chief scientific officer
With Trond Williksen set to join the company as its chief executive officer in June, the group's top management team is adopting a different shape
Company
LON:BMK
Benchmark Holdings PLC is a market leading aquaculture biotechnology company. The company's mission is to drive sustainability in aquaculture by delivering mission critical products and solutions that improve farming efficiency and animal health and welfare for aquaculture producers. Through a global footprint in 26 countries and a broad portfolio of products and solutions, Benchmark addresses the major aquaculture species in all the major aquaculture regions around the world.
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With Trond Williksen set to join the company as its chief executive officer in June, the group's top management team is adopting a different shape
Williksen is highly experienced in the international aquaculture and seafood industries, having held senior executive positions in the sector for more than 20 years
"We continue to serve our customers with limited interruption to date," Benchmark said
The company said it is “in a stronger financial position” to prepare for the launch of its BMK08 sea lice treatment following a £42mln fundraising earlier this week
The AIM-listed company said the placing will be at an issue price of 40p per ordinary share, with the open offer to be priced at the same level
Revenue from continuing operations of £37.0mln was 10% above the prior year (2018: £33.6mln) driven by strong growth in the Genetics division
2019 was a challenging year for the group's Advanced Nutrition division
Septima Maguire, previously at veterinary pharmaceuticals firm Dechra will begin on 18 December to ensure a smooth transition
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Set menu AIM: Total number of AIM Companies (Incl Susp): 876* *as at close of business 28 October 2019 NEX Growth Market: Total number of NEX Growth Market Securities (Incl Susp): 86* *as at close of business 28 October 2019 *A corporate cl
The AquaChile deal was unpicked after Benchmark's local partner was taken over
Executive chairman Peter George dipped in for £470,000 and non-exec Yngve Myhre for another £135,240
The aquaculture health group said it will accelerate the programme of disposals and structural efficiencies
"He has been instrumental in developing a culture in the business that is passionate about sustainability and animal welfare," said Benchmark's chairman, Peter George
Septima Maguire, who spent four years at Dechra Pharmaceuticals, will start her new role at Benchmark in November
“The company is actively progressing its programme of operational and structural efficiencies, including key commercial licensing deals for its non-core animal vaccines, which, if completed this financial year, are expected to substantially
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