Last checked at 13 Jan 2014 07:00
13 January 2014
Iofina plc.
("Iofina" or the "Group")
(LSE AIM: IOF)
Change of Advisor
Iofina, specialists in the exploration and production of iodine and iodine specialty chemical derivatives, today announces the appointment of Numis Securities Limited ("Numis") as its Nominated Adviser. Further, Iofina announces the appointment of Numis and GMP Securities Europe LLP as joint brokers to the Company. The above appointments will take effect immediately.
Updated Regulatory Disclosure Directors' Appointments
Pursuant to AIM Rule 17 and Schedule 2 Annex III of the AIM Rules, Iofina PLC provides the following disclosures relating to its directors.
Current Directorships
| Previous Directorships (last five years) | |||||||||||||||||||||||||||||
George Lantz (Chief Executive Officer) | ||||||||||||||||||||||||||||||
| Lantz Associates
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Chris Fay (Chairman) | ||||||||||||||||||||||||||||||
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Gary Gatchell (Chief Financial Officer) | ||||||||||||||||||||||||||||||
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Jeff Ploen (Non-Executive / Deputy Chairman) | ||||||||||||||||||||||||||||||
| Momentum Biofuels Inc | |||||||||||||||||||||||||||||
Paul Chase-Gardener (Non-Executive Director) | ||||||||||||||||||||||||||||||
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Forest Dorn (President) | ||||||||||||||||||||||||||||||
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Additional disclosure in relation to AIM Schedule 2 (g)
In 1995, a complaint was filed against Jeffrey Ploen by the National Association of Securities Dealers, "alleging violations of Article III, sections 1 and 19 of the rules of fair practice." The complaint stated that Ploen had guaranteed a public customer against loss in connection with the customer's purchase of stock, in violation of securities regulations. The records state that he was censured and fined USD 6,600.
- Ends -
For further information, please contact:
George Lantz, CEO
Iofina plc
Tel: +44 (0) 20 3006 3135
www.iofina.com
John Prior/Rupert Krefting
Numis
Tel: +44(0)20 7260 1000
Rob Collins
GMP Securities
Tel: +44(0)20 7647 2800
Media Contact:
Dominic Barretto/Anna Legge
Yellow Jersey PR Limited
Tel: +44(0) 7768 537 739
About Iofina
Iofina specializes in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Iofina's business strategy is to identify, develop, build, own and operate iodine extraction plants currently focused in North America based on Iofina's WET® IOsorb™ technology. Iofina has iodine production operations in the United States, specifically in Texas, California, Montana, Oklahoma and Wyoming. The Group has complete vertical integration from the production of iodine in the field to the manufacture of the chemical end products derived from iodine to the consumer and the recycling of iodine using iodinated side-streams from waste chemical processes in Europe, North America and Asia. The Group utilizes its portfolio of patented and patent pending technology, proprietary methods and trademarks throughout all business lines.