REG - Capital Limited - Announcement of CFO Transition

CapitalAnnouncement

01/11/2022 07:00

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RNS Number : 7760E  Capital Limited  01 November 2022

 For Immediate Release  01 November 2022

 

 

 

 Capital Limited

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

Announcement of CFO Transition

 

Capital Limited (CAPD:LN) is announcing the appointment of Mr. Rick Robson as
Chief Financial Officer ("CFO") following the departure of Mr. Giles Everist.
Mr. Robson will replace Mr. Giles Everist with effect from 01 January 2023 and
will work closely with Mr. Everist over the next two months to ensure an
orderly transition. Mr. Robson is based in London and will report to Mr. Peter
Stokes, Chief Executive Officer.

Mr. Robson has been a member of Capital's senior management team since 2019
and is currently Head of Corporate Development & CFO of MSALABS. Over the
last three years, Mr. Robson has led all the equity and debt financings
entered into by the Group and, as CFO of MSALABS, has played a key role in
delivering the division's growth through its strategic relationship with
Chrysos Corporation.

Mr. Robson has over 20 years of experience across corporate finance, M&A
advisory and operational finance. Mr. Robson is a Chartered Accountant having
trained at Deloitte. Prior to joining Capital, Mr. Robson was the CFO of a
project development company with several greenfield assets in Colombia where
he developed and ran the finance function. He was also formerly an investment
banker with Barclays where he was focused on the mining sector.

Commenting on the transition, Mr Jamie Boyton, Executive Chairman, said:

"We would like to thank Giles for his significant contribution to the
business. He has been integral to the group since early 2021, which has seen
Capital grow materially within and beyond the core drilling business. We wish
him the best of success in his future endeavours.

We are pleased Rick has taken the role of CFO and are confident in a smooth
transition given Rick's already extensive knowledge of the business."

- ENDS -

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

Capital Limited
 
+230 464 3250

Jamie Boyton, Executive Chairman
 
investor@capdrill.com

Peter Stokes, Chief Executive
Officer

Giles Everist, Chief Financial Officer

Conor Rowley, Investor Relations & Corporate Development Manager

 

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

 

Berenberg
+44 20 3207 7800

Matthew Armitt

Jennifer Lee

Detlir Elezi

 

Buchanan
+44 20 7466 5000

Bobby
Morse
                   capital@buchanan.uk.com

George Cleary

 

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, focusing on the African
markets. 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 Mauritius and it has
established operations in Côte d'Ivoire, Canada, Egypt, Guinea, Kenya, Mali,
Mauritania, Nigeria, Saudi Arabia and Tanzania.

 

 

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