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Roundtable Discussion; The Future of Mineral Sands
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DP Poland CEO resigns ahead of possible acquisition

Mon, 16th Nov 2020 09:08

(Sharecast News) - DP Poland chief executive Iwona Olbrys agreed to resign from the group's board of directors on Monday, with immediate effect.
Olbrys opted to leave the firm as a result of the possible acquisition of the company by Dominium SA.

DP Poland intends to propose the appointment of a new CEO, who has already been identified, when it publishes an admission document in connection with the acquisition, which was still subject to shareholder and regulatory approvals.

The AIM-listed group added that pending a further appointment, chairman Nick Donaldson and non-executive director Rob Morrish would have "a more active role" in the running of DP Poland.

As of 0905 GMT, DP Poland shares were flat at 7.25p.

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