REG - Tirupati Graphite - Non-Executive Director Appointment

Tirupati GraphiteAnnouncement

25/10/2023 07:15

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RNS Number : 1659R  Tirupati Graphite PLC  25 October 2023

25 October 2023

Tirupati Graphite plc

('Tirupati', 'TG' or the 'Company')

 

Non-Executive Director Appointment

 

Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist Flake Graphite
company and supplier of the critical mineral for the global energy transition,
is pleased to announce the appointment of Murat Dogan Erden as a Non-Executive
Director on the Board of Tirupati Graphite, with effect from the close of the
AGM on 26 October 2023.

Based in London, Mr. Erden's career spans over 25 years, with an expertise in
financial management within the Technology and Sustainable resources sectors.
Murat to date has been a results-oriented Chief Financial Officer and
Non-Executive Director, renowned for his international experience across
private equity, publicly listed, and pre-listed technology and resource
companies.

Murat also has a track record in Sustainable investments and emerging
technologies. He served as Group CFO at NYSE-listed Turkcell, where he worked
for 15 years, and made significant contributions to the Company's financial
success up until 2016. Murat is also Non-Executive Independent Chairman of
ARCH Emerging Partners since 2018, an FCA registered specialist investment
advisor with deep emerging market, private equity, and asset management
experience.

Murat's educational background is equally impressive, with degrees in
Economics from Bogazici University, as well as an MBA in Finance from San
Diego State University. He has continued to enhance his knowledge and skills
by graduating from programmes at the London Business School and the Wharton
Executive Development programs.

 

Shishir Poddar, Executive Chairman, said:

 

"We are delighted to welcome Murat to the Board as a Non-executive Director.
Murat brings deep knowledge and expertise across corporate finance, project
finance and financial and business strategy. His interest in the energy
transition economy and battery materials gel well with Tirupati, and I believe
his experience and enthusiasm will deliver significant benefits. We look
forward to working with him as we drive Tirupati forward to become a leader in
the Flake Graphite market at such an important time for both the Company and
the ex-China Graphite industry."

 

Murat Dogan Erden, said:

 

"I am thrilled to join Tirupati and support its mission to drive the
transition to a green economy and combat climate change.

 

"I believe that the sustainable production and utilisation of Graphite is a
vital component of this endeavour given its role as an essential material for
renewable energy storage, electric vehicles, and other eco-friendly
technologies."

 

Tirupati Graphite plc confirms that there is no further information to be
disclosed under the requirements of Listing Rule 9.6.13 in relation to the
appointment of Murat Dogan Erden.

 

ENDS

 

 

For further information, please visit https://www.tirupatigraphite.co.uk/
(https://www.tirupatigraphite.co.uk/) or contact:

 

 Tirupati Graphite Plc

 Puruvi Poddar - Chief of Corporate & Business Development        admin@tirupatigraphite.co.uk

                                                                  +44 (0) 20 39849894
 Optiva Securities Limited (Broker)

 Ben Maitland - Corporate Finance                                 +44 (0) 20 3034 2707

 Holly Ritson - Corporate Broking                                 +44 (0) 20 3981 4173

 FTI Consulting (Financial PR)                                    +44 (0) 20 3727 1000

 Ben Brewerton / Nick Hennis / Lucy Wigney                        tirupati@fticonsulting.com

 

 

About Tirupati Graphite

 

Tirupati Graphite Plc is a specialist Graphite producer and a supplier of
critical minerals for a decarbonised economy and the energy transition. The
Company places a special emphasis on green applications, including renewable
energy, e-mobility, energy storage, and thermal management, and is committed
to ensuring its operations are Sustainable.

The Company's operations include primary mining and processing in Madagascar,
where the Company operates two key projects, Sahamamy and Vatomina with a
combined 30,000 tpa currently installed capacity, producing high-quality Flake
Graphite concentrate with up to 97% purity and selling to customers globally.

The Company has also acquired two advanced stage, and world class, natural
Graphite projects in Mozambique, and has commenced work to optimise the
economics for development of the construction initiated Montepuez project,
which is permitted for 100,000tpa.

 

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