Neo Energy Metals - Suspension of CFO

Neo Energy Metals

08/06/2026 07:00

RNS Number : 3653H
  
Neo Energy Metals PLC
  
08 June 2026
  
 


 
Neo Energy Metals plc
("Neo Energy" or the "Company")
Suspension of CFO
 
Neo Energy Metals plc (LSE: NEO; A2X: NEO), the uranium and gold development company focused on South Africa, announces that the Company's Board has suspended its Chief Financial Officer, De Wet Schutte, while investigating potential misconduct.
The misconduct allegation is not in respect to any financial mismanagement, impropriety or wrongdoing and the Company's financial position has not been impacted. The Company and its Board of Directors continue to work to the highest standards of governance and integrity.
Martin Westerman has been appointed to oversee the Company's financial function from immediate effect.
A further announcement will be made as appropriate.
ENDS
About Neo Energy Metals plc
Neo Energy Metals plc is a uranium and gold company listed on the London Stock Exchange Main Market (LSE: NEO) and the A2X Markets (A2X: NEO), with a JSE Main Board listing targeted for 2026. The Company has secured two uranium projects in South Africa with a combined JORC- and SAMREC-compliant resource of 31.5 million pounds ("Mlb") of uranium and 1.2 million ounces ("Moz") of gold.
Enquiries




 
Neo Energy Metals plc
Theo Botoulas, Chief Executive Officer
James Duncan, Investor Relations and Communications


 
 
via james.duncan@neoenergymetals.com
+27 (0) 79 336 4010














Financial PR / Investor Relations
Tavistock
Jos Simson / Gareth Tredway


+44 (0) 20 7920 3150
neoenergymetals@tavistock.co.uk




 


 




Corporate Advisor
AcaciaCap Advisors
Michelle Krastanov


+27 (0) 11 480 8500
michelle@acaciacap.co.za




 
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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 or visit 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.
 
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