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ross group plc (RGP) Details

Ross Group Plc, through its subsidiaries, engages in research, development, production, and sale of Chitin, a bio-degradable polymer. Its products are applied in various industries, such as plastic, agricultural, veterinary, textile, cosmetic, and pharmaceutical products. Ross Group Plc was incorporated in 1913 and is based in London, the United Kingdom.

5 Employees
Last Reported Date: 04/29/19
Founded in 1913

ross group plc (RGP) Top Compensated Officers

Chairman & Group MD
Total Annual Compensation: 1.0 GBP
Executive Director
Total Annual Compensation: 1.0 GBP
Executive Director
Total Annual Compensation: 1.0 GBP
Secretary & Non-Executive Director
Total Annual Compensation: 1.0 GBP
Compensation as of Fiscal Year 2018.
ross group plc
Ross Group plc Reports Earnings Results for the Full Year Ended December 31, 2018

Ross Group plc announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was GBP 60,000 compared to GBP 335,000 a year ago. Operating loss was GBP 196,000 compared to operating income of GBP 57,000 a year ago. Net loss was GBP 250,000 compared to net income of GBP 57,000 a year ago. Basic loss per share was GBP 0.0014 compared to basic earnings per share of GBP 0.0003 a year ago.

Ross Group Plc Announces Management Changes

Ross Group Plc announced that, subject to certain conditions, it has agreed to acquire the entire issued share capital of Archipelago Aquaculture Group Ltd. (AAG) from Global Blue Technologies Inc. (GBT) (the Acquisition). Ross Group Plc proposed that three GBT executives, John Peter Keyes, Victoria White and Stephen LaPointe, will join the Board of Ross as Executive Directors and Franklin Fay and Lorenzo Juanta will join the Board as Non-Executive Directors with respect to acquisition of the entire issued share capital of Archipelago Aquaculture Group Ltd. from Global Blue Technologies Inc. In addition, it is also proposed that Professor Georg Holländer will be invited to join the Board as a Senior Independent Non-Executive Director. Therefore, the enlarged Board is to be as follows: Barry Richard Pettitt (Executive); Wade Lionel Hopkins (Executive); Shashank Mehta (Executive); John Peter Keyes (Executive); Victoria White (Executive); Stephen LaPointe (Executive); Professor Georg Holländer (Senior Independent Non-Executive); Franklin Fay (Non-Executive); Lorenzo Juarez (Non-Executive); Koji Fusa (Non-Executive); Michael Jonathan Simon (Non-Executive). Barry Richard Pettitt shall continue as Chairman and become Group Managing Director with an annual service contract based on the same previous Company remuneration policy. Lorenzo Juarez and Franklin Fay are appointed as a Non-Executive Directors and Lorenzo Juarez is the new Non-Executive Group Vice-Chairman. Both have initial 1 year Service Agreements; John Peter Keyes is appointed as an Executive Director and Group Chief Executive Officer. Stephen C. LaPointe is appointed as an Executive Director and Group Financial Director; Victoria White is appointed as an Executive Director and President of the Mari Signum subsidiaries; All having annual service contracts based on the same previous Company remuneration policy and structure. Professor Georg Holländer is to be appointed as Senior Independent Non-Executive Director for an initial period of 1 year and has entered into a letter of appointment subject to confirmation by Oxford University.

Ross Group Plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2018

Ross Group Plc reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the six months, the company’s continuing operations group revenue was £68,000 compared to £95,000 a year ago. Operating profit from continuing operations was £10,000 compared to £17,000 a year ago. Profit before finance cost was £10,000 compared to £17,000 a year ago. Profit before taxation was £10,000 compared to £17,000 a year ago. Profit for the period was £10,000 compared to £17,000 a year ago. Earnings per share were 0.006 pence compared to 0.010 pence a year ago. Adjusted earnings per share were 0.006 pence compared to 0.010 pence a year ago. Net cash used in operating activities was £18,000 compared to net cash from operating activities of £6,000 a year ago.

 

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TEV/Sales 66.1x
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