RE: 24th JULY18 Sep 2018 11:22
John,
Here is the rest of it, seem to have missed it:
The AGM notice and form of proxy will be posted in due course to shareholders who have opted for hard copy communications and shareholders who have signed up to the Company's electronic communications service will receive notification by email.
The Company has been notified by Dr. Oyungerel Janchiv, Non-Executive Director, that she intends to retire from her position on the Board in order to spend more time pursuing her other interests. Dr. Oyungerel was instrumental in the formation of the company and has served on the Board for 13 years including 10 years since the IPO. She will step down at the forthcoming AGM with her resignation then being immediately effective.
Dr Oyungerel's position on the Board is on the nomination of Petrovis Matad Inc, the Company's largest shareholder, who have indicated that they shall be nominating a replacement Director. Details of this appointment, which will be subject to completion of regulatory checks, will be notified once available.
The Company also announces that it is seeking to strengthen the Board with the appointment of a further independent Non-Executive Director. A search has already begun and an announcement in this regard will also be made in due course.