The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFresnillo Regulatory News (FRES)

Share Price Information for Fresnillo (FRES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 577.50
Bid: 576.50
Ask: 577.50
Change: 2.00 (0.35%)
Spread: 1.00 (0.173%)
Open: 584.50
High: 585.00
Low: 576.50
Prev. Close: 575.50
FRES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Board and Committee Changes

5 Mar 2024 12:37

RNS Number : 6691F
Fresnillo PLC
05 March 2024
 

Fresnillo plc

21 Upper Brook Street

London W1K 7PY

United Kingdom

www.fresnilloplc.com

 

 5 March 2024

 

Fresnillo plc - Board and Committee Changes

 

Fresnillo plc (the "Company") announces that Ms Luz Adriana Ramírez and Ms Rosa Vázquez will be proposed for election as Independent Non-executive Directors of the Company at the Annual General Meeting (AGM) to be held on 21 May 2024 AGM. If they are elected as directors, their respective appointments will take effect from the conclusion of the AGM.

 

Ms Ramírez is currently Managing Director / Country Manager of VISA in Mexico. She has more than 30 years of experience in commercial, consumer and industrial finance, as well as a further seven years in the industrial businesses sector early on in her career.

 

Ms Ramírez has been one of Forbes Mexico "100 Most Powerful Women in Mexico" for the last eight consecutive years. Bloomberg Online considers her one of "The 500" most influential people in Latin America; Expansión business magazine has included her in its edition of the "100 Powerful Women in Business" for the last three years and Mexican Leaders publication considered her in their list of "Women out of Series".

 

Ms Ramírez has served as an independent director on the board of directors of Fibra Mty S.A.P.I. de C.V. (FMTY14) since 2020 and is a member of its Audit Committee. She is also on the board of directors of the American Chamber of Commerce of Mexico (AMCHAM) and is also Vice President for the Mexican Association of Executive Women (AMME). In addition, during her career, Ms Ramírez has served as Vice President in the committee of the Executive Council of Global Companies (CEEG) for six consecutive years. She worked for 18 years at General Electric, within various businesses in the industrial, corporate and financial areas. Ms Ramírez is a dynamic senior executive who will bring a successful career across multiple industries. She is a strong leader, motivating teams to deliver on strategy and objectives.

 

Ms Ramírez holds a degree in Chemical Engineering from the Universidad de LaSalle and an MBA from the Universidad de Nuevo Leon.

 

Ms Vázquez 30-year professional career was forged in DuPont and continuing with The Chemours Company after the spin-off in 2015 where she served as President and Country Manager in Mexico until March 2023. Ms Vázquez was chairwoman of the Board of the Mexico operation and brought a strong focus on governance and compliance upholding the highest ethical standards, amidst achanging regulatory environment for chemical businesses and labour laws.

 

She is an active member of the Risk & Audit Committee and chairs the Sustainability Committee at Bocar Group. She also serves in the Vigilance Committee of the American Society of Mexico. Ms Vázquez was a board member of the ICC International Chamber of Commerce, ANIQ and DuPont-Duwest. She is a strong people leader with a track record of developing talent, motivating teams, and driving engagement and will bring the experience and technical knowledge to add value to the Board, particularly an orientation to best practices and governance. Ms Vázquez holds a degree in Public Accounting from Tec de Monterrey (ITESM), a diploma in Finance from ITAM, as well as a Board Member Diploma from IPADE.

 

During the Board meeting held on 28 February 2024, Fresnillo plc Chairman Alejandro Baillères said of Ms Vázquez appointment: "I am very pleased that Rosa has agreed to join our Board, subject to her election at the Company's forthcoming annual general meeting. Rosa Vázquez brings a wealth of expertise in Environmental, Social, and Governance (ESG) matters, which will greatly contribute to Fresnillo's strategic direction."

 

Mr Alejandro Baillères also said of Ms Ramírez appointment: "I am delighted that Luz Adriana has agreed to join the Board. Her experience across finance, leadership, and strategic collaboration, makes her an exceptional candidate for the Non-Executive Director position at Fresnillo. I also look forward to welcoming her to the Board following the 2024 AGM".

 

The Company also announces that Dame Judith Macgregor will be appointed as the Senior Independent Director from the date of the AGM, replacing Charlie Jacobs in that role. She joined the Board as a non-executive Director in 2017.

 

The Board, at its meeting held on 28 February 2024, has also approved a recommendation from the Nominations Committee that Ms Georgina Kessel and Ms Guadalupe de la Vega be appointed as members of the Nominations Committee in place of Ms Bárbara Garza Lagüera and Mr Charles Jacobs, to be effective from the AGM:

 

Considering the foregoing, the new compositions of all the relevant committees will be as follows:

 

 

Nominations

Committee

Remuneration Committee

Audit

Committee

 

Chair

Alejandro Baillères

Alberto Tiburcio

Alberto Tiburcio

 

Georgina Kessel

Alejandro Baillères

Georgina Kessel

 

Guadalupe de la Vega

Guadalupe de la Vega

Héctor Rangel

 

Fresnillo plc Chairman Alejandro Baillères said: "I would like to take this opportunity to express gratitude to Bárbara and Charlie for their dedicated service on the Nominations Committee. Their commitment has played an instrumental role in the committee's progress."

 

The Company confirms that there is no other information regarding Ms Ramírez or Ms Vázquez that is required to be disclosed under paragraph 9.6.13 of the Listing Rules of the UK Listing Authority.

 

The information contained within this announcement is deemed by Fresnillo plc to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain. The person making the notification is Gustavo Alarcon General Counsel and Compliance Officer, Fresnillo plc. The time of the notification is 12:30 pm UK time.

 

For further information, please visit our website www.fresnilloplc.com or contact:

 

FRESNILLO PLC

London Office

Gabriela Mayor, Head of Investor Relations

Mark Mochalski

 

 

Tel: +44 (0)20 7399 2470

Mexico City Office

Ana Belem Zárate

Tel: +52 55 52 79 3206

 

POWERSCOURT

Peter Ogden

 

 

Tel: +44 (0)7793 858 211

 

ABOUT FRESNILLO PLC

Fresnillo plc is the world's largest primary silver producer and Mexico's largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.

Fresnillo plc has seven operating mines, all of them in Mexico - Fresnillo, Saucito, Ciénega (including Las Casas Rosario & Cluster Cebollitas), Herradura, Soledad-Dipolos1, Noche Buena and San Julián (Veins and Disseminated Ore Body), three development projects - the Pyrites Plant at Fresnillo, the ptimization of the beneficiation plant also at Fresnillo, and Juanicipio, and four advanced exploration projects - Orisyvo, Rodeo, Guanajuato and Pilarica, as well as a number of other long term exploration prospects.

Fresnillo plc has mining concessions and exploration projects in Mexico, Peru and Chile.

Fresnillo plc has a strong and long tradition of exploring, mining, a proven track record of mine development, reserve replacement, and production costs in the lowest quartile of the cost curve for silver.

Fresnillo plc's goal is to maintain the Group's position as the world's largest primary silver company and Mexico's largest gold producer.

1 Operations at Soledad-Dipolos are currently suspended.

 

FORWARD-LOOKING STATEMENTS

Information contained in this announcement may include 'forward-looking statements'. All statements other than statements of historical facts included herein, including, without limitation, those regarding the Fresnillo Group's intentions, beliefs or current expectations concerning, amongst other things, the Fresnillo Group's results of operations, financial position, liquidity, prospects, growth, strategies and the silver and gold industries are forward-looking statements. Such forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of the Fresnillo Group's operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this document. In addition, even if the results of operations, financial position and liquidity, and the development of the markets and the industry in which the Fresnillo Group operates are consistent with the forward-looking statements contained in this document, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, commodity prices, changes in regulation, currency fluctuations (including the US dollar and Mexican Peso exchanges rates), the Fresnillo Group's ability to recover its reserves or develop new reserves, including its ability to convert its resources into reserves and its mineral potential into resources or reserves, changes in its business strategy and political and economic uncertainty.

LEI: 549300JXWH1UV5J0XV81

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOAJAMTTMTJMBAI
Date   Source Headline
26th Jul 201210:14 amRNSBoard and Management Changes
18th Jul 20127:00 amRNSQ2 Production Report
14th Jun 20123:01 pmRNSResults of AMC Prefeasibility Study on Juanicipio
18th May 20126:05 pmRNSResult of AGM
18th May 201210:30 amRNSChairman's Statement 2012 AGM
14th May 20127:00 amRNSAnnual Update Information
2nd May 201210:24 amRNSConversion Rate for 2011 Final Dividend
18th Apr 20129:56 amRNSAnnual Financial Report
18th Apr 20127:00 amRNSIMS and Production Report
17th Apr 20129:50 amRNSFresnillo plc appoints Non-Executive Directors
6th Mar 20127:00 amRNSPreliminary Results
18th Jan 20127:00 amRNSProduction Report
21st Dec 20117:00 amRNSConversion Rate for Second Interim Dividend
6th Dec 20117:00 amRNSSecond Interim Dividend announcement
12th Oct 20117:00 amRNSInterim Management Statement and Production Report
24th Aug 201112:40 pmRNSConversion Rate for Interim Dividend
2nd Aug 20117:00 amRNSInterim Results
14th Jul 20117:00 amRNSQ2 Production Report
17th May 201111:00 amRNSAnnual General Meeting Statement
9th May 20117:00 amRNSFresnillo Plc Comments on Arbitration Decision
5th May 20116:27 pmRNSNotification of Arbitration Decision Not Received
13th Apr 20117:00 amRNSProduction Report Q1 2011
1st Mar 20117:00 amRNS2011 Preliminary Announcement
14th Jan 20117:00 amRNSQ4 Production Report
8th Dec 20107:00 amRNSAppointment of Joint Corporate Broker
13th Oct 20107:00 amRNSInterim Management Statement and Production Report
3rd Aug 20108:36 amRNSFresnillo Interim Results - Replacement
3rd Aug 20107:00 amRNSFresnillo Interim Results
14th Jul 20107:00 amRNSSecond Quarter Production Report
28th May 20104:22 pmRNSAGM Results
28th May 20108:53 amRNSAGM Statement - Correction
28th May 20107:00 amRNSAnnual General Meeting Statement
29th Apr 20107:00 amRNSDividend Declaration
14th Apr 20107:00 amRNSQ1 Production Report and IMS
2nd Mar 20107:00 amRNSPreliminary Results
14th Jan 20107:00 amRNSProduction Report 4Q
29th Dec 20097:30 amRNSPenmont Revised Proposal to Acquire Canplats
23rd Dec 20098:04 amRNSPenmont Proposes to Acquire Canplats Resources
14th Oct 20097:00 amRNSQ3 Production Report
14th Sep 20092:27 pmRNSMAG Silver announcement of Valdeca?as study
17th Aug 20097:00 amRNSFresnillo Interim Results
6th Aug 20097:00 amRNSBoard approves pre- feasibility study for Saucito
16th Jul 20097:00 amRNSFresnillo plc - 2Q Production Report
1st Jul 20099:04 amRNSNotification of Q2 Production Report
22nd Jun 20097:00 amRNSFresbal withdraws its offer for MAG Silver Corp.
27th May 20094:08 pmRNSResult of AGM
27th May 20097:00 amRNSAGM Statement
20th May 20097:00 amRNSNegotiations with Union at Cienaga Concluded
15th May 20097:00 amRNSApplication to the OSC regarding MAG Silver
11th May 20097:00 amRNSFresnillo plc response to Mag Silver

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.