UK 23:37 Saturday, 24 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
It was only in April this year that Alumasc (ALU) was “pleased to confirm” Pamela Bingham had been appointed as CEO, with Chair Vijay Thakrar emphasising “she brings extensive commercial experience as well as a record of value creation through organic and inorganic growth, employee engagement, digital transformation and customer loyalty, all of which will be helpful in leading Alumasc during its next stage of growth”. Less than four months later it’s Vijay Thakrar, as “Interim Executive Chair”, providing the comment in Alumasc’s full-year trading update as “Pamela Bingham, has been suspended by the board pending an investigation into matters relating to her professional conduct”! So what’s going on? Here’s what we understand…
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