Genel Energy climbs after making interim CFO appointment permanent

Genel Energy PLC (LSE:GENL, OTC:GEGYY) jumped 4% to 176.2p after announcing its permanent chief financial officer.

Luke Clements was previously the interim chief financial officer, and “has been responsible for a broad range of financial, commercial, and treasury related activities,” according to a statement.

“Luke is the ideal person to continue delivering the financial platform that facilitates our strategy, a strategy he has been integral in building,” said chair David McManus. 2.00pm: Yellow Cake jumps on Uranium delivery

Uranium company Yellow Cake PLC (AIM:YCA) jumped 5%, or 9p, to 384p after it announced it has taken delivery of over 2mln lbs of triuranium octoxide.Triuranium octoxide is a compound of uranium that is converted into uranium hexafluoride for the purpose of uranium enrichment.Yellow Cake exercised a buyback option it had with Kazatomprom , a Kazakhstan producer and seller of uranium at a price of US$43.25/lb.According to the statement, it now holds over […]

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