REG-Polymetal International plc Polymetal: Appointment of Independent Non-Executive Directors

Polymetal International PKAnnouncement

12/12/2019 07:05

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   Polymetal International plc (POLY)
   Polymetal: Appointment of Independent Non-Executive Directors
   12-Dec-2019 / 10:00 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   Release time IMMEDIATE                     LSE, MOEX, AIX: POLY / ADR:
                AUCOY
   Date         12 December 2019

    

    

   Polymetal International plc

   Appointment of Independent Non-Executive Directors

   Polymetal is pleased to announce that Italia Boninelli has been  appointed
   as Independent  Non-Executive Director  with immediate  effect and  Victor
   Flores has been appointed as Independent Non-Executive  Director effective
   from 30 January 2020.

   Italia Boninelli

   Ms Boninelli has more than 20 years' international experience in  building
   Human Capital with a proven track record in culture and change management,
   corporate performance enhancement,  and the  full range  of generalist  HR
   functions. Currently, she is an executive coach and organizational  design
   consultant with the focus on strategy facilitation, remuneration, conflict
   resolution, HR advisory  and leadership development.  Her clients  include
   international  banks,  large   corporations,  accounting  and   management
   consultancies, universities  and  business  schools. Prior  to  this,  she
   served as the  Executive VP  for Organizational  Development at  AngloGold
   Ashanti. Before joining AngloGold Ashanti  in 2010, she held the  position
   of Senior VP  for Human  Resources at Gold  Fields. Ms  Boninelli is  also
   involved  in  different  volunteer  activities:  she  is  an   Independent
   Non-executive Director  of Hospice  Witwatersrand (South  Africa) and  the
   Patron of  WIMSA (Women  in Mining  in  South Africa).  In 2015,  she  was
   nominated as one  of the  "100 Global  Inspirational Women  in Mining"  by
   Women in Mining,  UK and  BMO Capital  Markets. Italia  Boninelli holds  a
   Master  of  Arts  degree  in   Psychology  from  the  University  of   the
   Witwatersrand, Johannesburg.

   Ms Boninelli has been appointed as a member of the Remuneration  Committee
   of the Board.

   Victor Flores

   Mr Flores is  currently the Director  of Strategic Projects  at Orion,  an
   investment management  firm and  a global  industry leader  in  delivering
   customized financial  solutions to  base  and precious  metals  producers.
   Prior to  joining  Orion in  2019,  Mr Flores  was  a gold  mining  sector
   consultant, having worked on projects  for both senior gold companies  and
   investment advisors. From 2009 to 2018, he was a partner at Paulson & Co.,
   a  leading  NY-based  hedge  fund,  where  he  was  one  of  the  Partners
   responsible for the firm's gold investments. Before this, Mr Flores served
   as a Managing Director and Senior Mining Analyst at HSBC for 11 years.  Mr
   Flores started  his career  at  United Services  Advisors (now  US  Global
   Investors), an investment  management company  with the  focus on  natural
   resources and precious metals, initially  working as a sector analyst  but
   later taking  on  the  role  of Portfolio  Manager  and  Chief  Investment
   Officer. Victor Flores  holds a Bachelor's  degree in Geological  Sciences
   and a Master's degree in Energy and Mineral Resources from the  University
   of Texas at Austin. He has been a CFA charter holder since 1992.

   Following these appointments, the Board  will comprise ten directors:  the
   non-executive  Chair,  one  executive  Director  and  eight  non-executive
   Directors. Excluding the Chair, six  members of the Board are  independent
   non-executive Directors.

   Ian Cockerill, Board Chair,  commented: "It gives  me pleasure to  welcome
   Italia, who will strengthen our diversity and add human capital expertise,
   and Victor  with his  deep  knowledge of  the industry  and  institutional
   investors to the Board".

   There is no  further information on  Ms Boninelli or  Mr Flores, which  is
   required to  be disclosed  under paragraph  9.6.13 of  the United  Kingdom
   Listing Rules, except for the information below regarding Mr Flores:

   Current directorships:

   Lydian International Limited (TSX:LYD). Director since June 2019.

   Previous directorships:

   Midas Gold  Corp. (TSX:MAX  /  OTCQX:MDRPF). Director  (May 2017  -  March
   2019).

   Tower Hill Mines (TSX:ITH / NYSE American:THM). Director (May 2017 - March
   2019).

   About Polymetal 

   Polymetal International (LSE, MOEX: POLY,  ADR: AUCOY) (together with  its
   subsidiaries - "Polymetal",  the "Company",  or the "Group")  is a  top-20
   global gold producer  and a top-5  global silver producer  with assets  in
   Russia and Kazakhstan. The  Company combines strong  growth with a  robust
   dividend yield.

   Enquiries

       Media                      Investor Relations
                              Polymetal
                                              1 ir@polymetalinternational.com
   FTI Consulting             Evgeny
                              Monakhov       +44 20 7887 1475 (UK)
   Leonid Fink     +44 20
                   3727 1000  Timofey         
   Viktor Pomichal            Kulakov
                                             +7 812 334 3666 (Russia)
                              Kirill
                              Kuznetsov
       Joint Corporate             
       Brokers
   Morgan Stanley  +44 20
                   7425 8000
   Andrew Foster              RBC Europe
                              Limited
   Richard Brown
                              Marcus Jackson +44 20 7653 4000
   Panmure Gordon
                              Jamil Miah
   Charles Lesser
                   +44 20
   James Stearns   7886 2500

    

   Forward-looking statements

   This release may  include statements  that are, or  may be  deemed to  be,
   "forward-looking statements". These forward-looking statements speak  only
   as at the date  of this release. These  forward-looking statements can  be
   identified by the use of forward-looking terminology, including the  words
   "targets",  "believes",  "expects",  "aims",  "intends",  "will",   "may",
   "anticipates", "would", "could" or "should" or similar expressions or,  in
   each  case  their  negative  or  other  variations  or  by  discussion  of
   strategies, plans, objectives, goals,  future events or intentions.  These
   forward-looking statements  all include  matters that  are not  historical
   facts. By their nature, such forward-looking statements involve known  and
   unknown risks,  uncertainties  and  other  important  factors  beyond  the
   company's control  that could  cause the  actual results,  performance  or
   achievements of  the  company  to  be  materially  different  from  future
   results,  performance  or  achievements  expressed  or  implied  by   such
   forward-looking statements. Such forward-looking  statements are based  on
   numerous assumptions regarding the  company's present and future  business
   strategies and the environment  in which the company  will operate in  the
   future.  Forward-looking   statements  are   not  guarantees   of   future
   performance. There are many factors that could cause the company's  actual
   results, performance  or  achievements  to differ  materially  from  those
   expressed  in  such  forward-looking  statements.  The  company  expressly
   disclaims any  obligation or  undertaking to  disseminate any  updates  or
   revisions to any  forward-looking statements contained  herein to  reflect
   any change in the company's expectations with regard thereto or any change
   in events, conditions or  circumstances on which  any such statements  are
   based.

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   ISIN:          JE00B6T5S470
   Category Code: BOA
   TIDM:          POLY
   Sequence No.:  34927
   EQS News ID:   934199


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:ir@polymetalinternational.com


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