AIM-listed Oasis Healthcare has announced that finance director Jeremy Clark will leave the company at the end of the month, and has begun efforts to recruit a replacement.
Clark joined Oasis in March 2001 having served as group chief accountant at Informa Publishing.
Oasis, which operates over 120 dental practices in England and Wales, also posted an increased operating profit for the year of £3.9m from £3.5m, with turnover up by £1m to £74.9m.
Chairman Ron Trenter said the shortage of dentists in the UK ‘continued to be a limiting factor in the growth of the business’.
But the company stated that its revised debt repayment structure will potentially allow up to £4m to be invested back into the business over the current year.
Its share price had risen this morning to 11p from 10.5p.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements