30 Jan 2014 07:00
30 January 2014
Firestone Diamonds plc
("Firestone" or the "Company") (AIM: FDI)
Directorate Change
Firestone Diamonds plc, the AIM-quoted diamond development company, today announces that Tim Wilkes, Executive Director, will step down from the Board, on 15 February 2014, to pursue other business interests. His departure follows the successful leadership transition between himself and Stuart Brown, who was appointed Chief Executive Officer of Firestone on 1 December 2013. Mr Wilkes will be available to advise Firestone on an ad hoc consultancy basis.
Lucio Genovese, Non-Executive Chairman of Firestone, commented:
"Having served over nine years with Firestone at the senior management level, which culminated in the appointment as CEO in March 2011, Tim is now moving on to pursue other business interests. On behalf of the Board and everyone at Firestone, I extend our sincere thanks to him for his relentless hard work and dedication to the Company. Tim played a pivotal part in Firestone's acquisition of Liqhobong, and has been instrumental in advancing the flagship asset to where it is today. We wish him all the very best in his future endeavours."
For more information contact
Firestone Diamonds plc | +44 (0)20 8741 7810 |
Stuart Brown | |
Strand Hanson Limited (Nomad) | +44 (0)20 7409 3494 |
Stuart Faulkner | |
Richard Tulloch | |
James Dance | |
GMP Securities Europe LLP (Joint Broker) | +44 (0)20 7647 2800 |
Richard Greenfield | |
Alexandra Carse | |
Mirabaud Securities LLP (Joint Broker) | |
Rory Scott | +44 (0)20 7878 3360 |
Ed Haig-Thomas | +44 (0)20 7878 3447 |
Tavistock Communications | +44 (0)20 7920 3150 |
Jos Simson | +44 (0)7788 554 035 |
Emily Fenton | |
Nuala Gallagher |
Background information on Firestone
Firestone is an international diamond development company with operations focused on Lesotho and Botswana. Firestone is currently in the process of developing the Main Treatment Plant at the Liqhobong Mine in Lesotho to become a plus-one million carat per annum producer.
Lesotho is emerging as one of Africa's significant new diamond producers, and hosts Gem Diamonds' Letseng Mine, Firestone's Liqhobong Mine, as well as the Kao Mine and Mothae development projects.
For more information please visit: www.firestonediamonds.com.
**ENDS**