REG - Capital Limited - Appointment of Non-Executive Director

CapitalAnnouncement

15/11/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231115:nRSO4536Ta&default-theme=true

RNS Number : 4536T  Capital Limited  15 November 2023

Capital Limited

("Capital", the "Group" or the "Company")

 

Appointment of Non-Executive Director

 

Capital (LSE: CAPD), a leading mining services company, is pleased to announce
the appointment of Ms Anu Dhir as an Independent Non-Executive Director,
effective today, 15 November 2023. Ms Dhir, who is based in Toronto, Canada,
will join the Company's Audit, Nomination, and Sustainability Committees as a
member of each.

 

Ms Dhir currently serves as a non-executive director on the Board of
TSX-listed Montage Gold Corp. and TSX/NYSE-listed Taseko Mines Limited. Over
the last decade, Ms Dhir's board positions have included Lead Non-Executive
Director for Lomiko Metals Inc., Non-Executive Director of Golden Star
Resources Ltd, in addition to other Canadian listed companies.

 

Ms Dhir has over 20 years' experience in the resources sector, most recently,
as a co-founder and executive of ZinQ Mining, a private base and precious
metals company which focuses on the Latin American Region. Prior to ZinQ
Mining, Ms Dhir was Vice President, Corporate Development and Corporate
Secretary at Katanga Mining Limited. Ms Dhir is co-founder of Wshingwell, a
for-profit community relationship platform that allows individuals,
communities and organizations to micro-fundraise around experiences and
events.

 

Ms Dhir is a graduate of the General Management Program (GMP) at Harvard
Business School and has a law degree (Juris Doctor) from Quinnipiac
University and a Bachelor of Arts (BA) from the University of Toronto.

 

Ms Dhir is considered to meet the requirements to be classified as an
independent director under the UK Corporate Governance Code.

 

After the Company's Annual General Meeting on 18 May 2023, the Company carried
out a consultation with shareholders in accordance with Provision 4 of the
2018 UK Corporate Governance Code. Engagement with shareholders confirmed
concerns had been addressed by taking Mr Davidson off each of the governance
Committees in order to re-establish Committee composition being solely
independent. We thank Mr Davidson for his committed service on those
Committees. With the addition of Ms Dhir serving on each of the Audit,
Nomination and Sustainability Committees going forward, Ms Dhir's independence
and skill set will enhance and strengthen each Committee's capabilities.

 

Commenting on Ms Dhir's appointment, Executive Chairman, Jamie Boyton, said:

"We welcome Anu to our Board as an Independent Non-Executive Director. She
further strengthens our Board capabilities with a wealth of experience in the
resources sector both in Africa and also across the Americas, with Capital's
business now growing strongly in North America."

 

Save as disclosed therein, the Company confirms that there is no further
information required to be disclosed pursuant to paragraph 9.6.13 of the UK
Listing Rules.

 

- ENDS -

 

For further information, please visit Capital's website www.capdrill.com or
contact:

 

Capital Limited
 
investor@capdrill.com

Peter Stokes, Chief Executive
Officer

Rick Robson, Chief Financial Officer

Conor Rowley, Corporate Development & Investor Relations

 

Tamesis Partners LLP
 
+44 20 3882 2868

Charlie Bendon

Richard Greenfield

 

Stifel Nicolaus Europe Limited
 
+44 20 7710 7600

Ashton Clanfield

Callum Stewart

Rory Blundell

 

Buchanan
 
+44 20 7466 5000

Bobby
Morse
                   capital@buchanan.uk.com

George Pope

 

About Capital Limited

 

Capital Limited is a leading mining services company providing a complete
range of drilling, mining, maintenance and geochemical laboratory solutions to
customers within the global minerals industry. The Company's services include:
exploration, delineation and production drilling; load and haul services;
maintenance; and geochemical analysis. The Group's corporate headquarters are
in the United Kingdom and it has established operations in Côte d'Ivoire,
Canada, Democratic Republic of Congo, Egypt, Gabon, Guinea, Kenya, Mali,
Mauritania, Nigeria, Pakistan, Saudi Arabia, Tanzania and the United States of
America.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOANKQBPOBDDNDD