REG - Obtala Resources Ltd - Directorate Change <Origin Href="QuoteRef">OBT.L</Origin>
RNS Number : 9623GObtala Resources Limited10 March 201510 March 2015
Obtala Resources Limited
("Obtala" or the "Company")
(AIM: OBT)
Directorate Change
Obtala Resources Limited (AIM:OBT), the vertically integrated agri-processing, farming, timber and retail company, is pleased to announce the appointment of Emma Priestley to the Board as an Executive Director with immediate effect.
Emma Priestley specializes in Africa and emerging market sectors, developing and advising companies. In this capacity, until its successful takeover, she was an Executive Director of Lonrho Plc, focusing on opportunities in agriculture, logistics, infrastructure, and natural resources, and attracting investors to them, both in equity and structured finance.
Emma is on the board of Stratex International Plc as business development and market liaison, in conjunction with this she is an adviser with African Resource Capital focused on investments on the African Continent. Previously, Emma has worked with GVA Grimley and IMC Mackay & Schnellmann, investment bank CSFB, advisers VSA Resources, Ambrian Partners, where she worked as corporate broker and adviser. Emma is a graduate of Camborne School of Mines, is a chartered Mining Engineer and Chartered Mineral Surveyor.
Commenting on today's announcement, Francesco Scolaro, Chairman of Obtala, said: "On behalf of the Board, I would like to welcome Emma to Obtala. Emma brings a wealth of experience in the agricultural and related logistics sector in Africa which will greatly benefit and complement the Company as we continue our corporate growth plans."
Obtala Resources
Francesco Scolaro - Chairman
Simon Rollason - Managing Director+44 (0) 20 7099 1940
ZAI Corporate Finance Limited (Nomad)
Ray Zimmerman
Richard Morrison
+44 (0)20 7060 2220
Brandon Hill Capital (Broker)
Jonathan Evans
+44 (0)20 3463 5000
Square 1 Consulting (Public Relations)
David Bick
Mark Longson
+44 (0)20 7929 5599
The following information is disclosed under Schedule 2g of the AIM Rules.
Emma Kinder Priestley, aged 42, currently holds or previously held in the last five years the following directorships and partnerships:
Current
African Resource Capital Ltd
Stratex International Plc
Stellar Resources plc
Santon Consultancy Services Limited
Past
Aldeamento Turistico de Macuti SARL
Blueberry International Services Limited
Celsys Limited
Complete Enterprise Solutions LimitedComplete Enterprise Solutions (Pty) Limited
Five Forty Africa (BVI) Limited
Five Forty Aviation Limited
ForgetMeNot Africa Limited
Gardoserve (Pvt) Limited (trading as Millpal Chamicals)
Goldstone Resources Plc
Hotel Cardoso SARL
Indit Technology Distribution (Pty) LimitedLonrho Africa (Holdings) Limited
Lonrho Agribusiness (BVI) Limited
Lonrho Air Africa (BVI) Limited
Lonrho Air (BVI) Limited
Lonrho Air (2) BVI Limited
Lonrho Air (3) BVI limited
Lonrho Aviation (BVI) Limited
Lonrho Food Supply Chain Management LimitedLonrho Holdings Limited
Lonrho Hotels Management Services BVI LimitedLonrho Infrastructure (BVI) Limited
Lonrho Investments LimitedLonrho Management Services Limited
Lonrho Oil (Malawi) Limited
Lonrho PLC (now Lonrho Limited)
Lonrho Springs LimitedLonzim Air (BVI) Limited
LonZim PLC (now Cambria Africa Plc)
Luba Freeport Limited
Morningdale Properties (Pvt) LimitedPeak Mine (Pvt) Limited
Rex Mining (Pvt) Limited
Sociadade Commercial Bytes & Pieces LimitadaSouthern Africa Management Services Limited
Swissta Holdings Limited
Swissta Mozambique Lda
Wardlaw (1989) LimitedMs Priestley does not hold any shares in the Company. Her former married name was de Borchgrave d'Altena.
This information is provided by RNSThe company news service from the London Stock ExchangeENDBOAUGUBUWUPAGRB
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