Starvest PLC Board Changes (3580N)
May 08 2018 - 4:59AM
UK Regulatory
TIDMSVE
RNS Number : 3580N
Starvest PLC
08 May 2018
8 May 2018
Starvest Plc ("Starvest" or "the Company")
Board Changes
Starvest PLC (LON:SVE), the London Stock Exchange AIM listed
specialist mining and resources investment business, announces
changes to the Board of Directors.
Highlights
-- Non-Executive Director, John Watkins, resigns from the board
-- Anthony Scutt appointed as Non-Executive Director bringing
extensive corporate and sector experience to Starvest plc
Callum Baxter, Chairman and CEO commented: "Today we announce
the retirement of long standing board member John Watkins and the
appointment of Anthony Scutt as a Non-Executive director. We
welcome Anthony who has over 30 years financial management
experience including senior positions with large multi-national
businesses."
Board Changes
The Company announces the resignation on 8 May 2018 of John
Watkins who has been a Non-Executive Director since July 2017 and
previously held the position of Finance Director for over 15 years
with Starvest plc. We are grateful to John for his long-standing
service to the Company. His advice, loyalty and commitment over the
years have been invaluable and we wish him well in his future
endeavours.
Starvest has appointed Anthony Scutt to the position of
Non-Executive Director of Starvest with immediate effect. Anthony
has previously held the position of Non-Executive Director with
Starvest. He is a qualified Chartered Secretary and a Certified
Internal Auditor with the US Institute of Internal Auditors.
Anthony has over 30 years of financial management experience and
has worked in many parts of the world including Asia and Africa and
latterly as the Chief Internal Auditor of Shell UK. He is also
former Chairman of Oracle Power ('Oracle') (LON:ORCP) where he
currently serves as a Non-Executive Director.
The following additional information is provided in accordance
with paragraph (g) of Schedule Two of the AIM Rules for Companies
in relation to the appointment of Anthony Charles Raby Scutt
(aged 77):
Current Directorships / Partnerships
Oracle Power plc
Past Directorships / Partnerships (last 5 years)
Starvest plc
Beowulf Mining plc
Mr Scutt holds an interest in 623,173 ordinary shares in
Starvest, either solely or jointly, representing approximately 1.18
per cent of the existing issued ordinary shares. As noted above, Mr
Scutt is a director of Oracle Power Plc, an investee company in
which Starvest hold an interest of 1.87 per cent.
Investors are encouraged to view our RNS feed on the Starvest
web site www.starvest.co.uk/announcements
Callum N Baxter
Chairman & Chief Executive
8 May 2018
Enquiries to:
Starvest PLC
Callum Baxter Chairman/CEO +44 7922 255 933
cbaxter@starvest.co.uk
Grant Thornton UK LLP (Nomad)
Colin Aaronson or Harrison Clarke +44 2073 835 100
SI Capital Ltd (Appointed Broker)
Nick Emerson or Alan Gunn +44 1483 413 500
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAKVLBBVEFEBBQ
(END) Dow Jones Newswires
May 08, 2018 05:59 ET (09:59 GMT)
Starvest (LSE:SVE)
Historical Stock Chart
From Apr 2024 to May 2024
Starvest (LSE:SVE)
Historical Stock Chart
From May 2023 to May 2024