Global Invacom Group Limited (DI) (GINV)

Sector:

IT Hardware

 8.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 9.00
  • 52 Week Low: 3.50
  • Currency: UK Pounds
  • Shares Issued: 259.66m
  • Volume: 0
  • Market Cap: £20.77m
  • RiskGrade: 245

Global Invacom elevates Malcolm Burrell to chief technology officer

By Josh White

Date: Friday 01 Jun 2018

LONDON (ShareCast) - (Sharecast News) - Satellite communications equipment supplier Global Invacom has appointed Malcolm Burrell as its chief technology officer, it announced on Friday, with immediate effect.
The AIM-traded firm said Burrell, who was currently an executive director of the group and chief risk officer, already acted as its technical director responsible for advanced research and development, and had a depth of knowledge reportedly covering the satellite industry.

It said his additional role in managing the co-ordination of the group's research and development teams, along with continued dialogue between the board and sales teams, would ensure product development was being tailored to meet requirements and match demand in key markets.

Global Invacom said Burrell had more than 36 years of experience in radio-frequency design, technical management and corporate management across the consumer electronics, satellite earth station and military communications sectors.

He is a graduate in electronic engineering from the University of Southampton, and is a member of the Institution of Engineering and Technology.

The board said the appointment came amid "major" industry-wide changes which would provide new opportunities for Global Invacom, which holds 71 patents and had 49 pending applications.

It said it intended to leverage on Burrell's industry experience to expedite product development amidst increased global adoption of VSAT applications, even as the industry undergoes a "once-in-a-decade transition" to digital channel stacking switch technology.

"We are delighted to appoint Malcolm as CTO of Global Invacom," said executive chairman Tony Taylor.

"He has been an executive director of the group since 2010 and his first-class understanding of the technologies behind sat comms equipment has been instrumental in our ongoing R&D and will ensure that we continue to launch market-leading products to meet the demands and requirements of our customers."

Taylor said Global Invacom had been improving internal efficiencies and its product pipeline amid major changes in its operating environment.

"Even in remote areas, consumers want fast internet access and high-resolution content.

"To seize these opportunities decisively, we want to tap into the R&D and product leadership of a CTO with the calibre of Malcolm."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

GINV Market Data

Currency UK Pounds
Share Price 8.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 9.00
52 Week Low 3.50
Volume 0
Shares Issued 259.66m
Market Cap £20.77m
RiskGrade 245

GINV Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.98% above the market average28.98% above the market average28.98% above the market average28.98% above the market average28.98% above the market average
30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average30.43% above the sector average
Price Trend
71.26% above the market average71.26% above the market average71.26% above the market average71.26% above the market average71.26% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income Not Available
Growth
61.73% below the market average61.73% below the market average61.73% below the market average61.73% below the market average61.73% below the market average
13.04% below the sector average13.04% below the sector average13.04% below the sector average13.04% below the sector average13.04% below the sector average

GINV Dividends

  Latest Previous
  Final Final
Ex-Div n/a 14-May-15
Paid n/a 25-May-15
Amount 0.000¢ 0.53¢

Trades for --2020

Time Volume / Share Price
0 @ 0.000p

GINV Key Personnel

COO Gordon Blaikie

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