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Last checked at 
1 Apr 2021 14:03
1 April 2021
Kore Potash Plc
("Kore Potash" or the "Company")
Change in Non-Executive Director
Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located within the Republic of Congo ("RoC"), is pleased to announce the appointment of Mr Sameer Oundhakar as a Non-Executive Director of the Company nominated by the Oman Investment Authority ("OIA") with effect from 1 April 2021.
Sameer replaces Mr Tim Keating who has resigned from the Board with effect from 1 April 2021.
Mr Oundhakar, aged 47, joined OIA in 2018 and currently holds the position of Senior Manager - Diversified Private Equity Investments. He has extensive private equity experience across diverse industry sectors / geographies and represents OIA on investee company boards in Europe, Latin America and the Middle East. He has lived and worked in the Middle East (OIA, Seera), UK (Boston Consulting Group, Columbia Threadneedle, American Express), France and India (HSBC, Larsen & Toubro). Sameer has a Bachelor's degree with distinction in Mechanical Engineering from VJTI Mumbai, a Post Graduate Diploma in Management from IIM Lucknow and an MBA from INSEAD.
David Hathorn, Non-executive Chairman, said: "The Board of Kore Potash is very pleased to have Sameer formally join the Board. From mid-2019 Sameer has been attending Kore Potash Board meetings as an observer and is well informed on the Company's business and has been sharing valuable perspectives with the Board. As the manager of OIA's investment in Kore, it is logical that Sameer formally represents OIA on our Board.
I also wish to thank Tim Keating for his input and support since the initial OIA investment in Kore in 2016. Tim's support was key to OIA's investment in the Company and he has been an active contributor to the Board. We all wish him well for his future endeavours."
Other than the information disclosed below there is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.
Current directorships
Kenmare Resources plc
Nova S.A.
Strategic & Precious Metals Processing (FZC) LLC
Previous directorships held in the last 5 years
Atlanta MF Cayman Company Limited
Buckeye VEquity Company Limited
Buckeye ML Company LLC
Buckeye US Company Inc
Falak Aviation Fund Company B.S.C.(c)
Falak Investments Limited
Falak Lease 1 Limited
Falak Lease 2 Limited
Falak Lease 7 Limited
Falak Lease 9 Limited
Falak Lease 10 Limited
Falak Lease 11 Limited
Nightingale Cayman Company Limited
Nightingale Lane Project Company Ltd
Real Maroc SARL
SOAG Europe SA
SOAG Oman
US Mutifamily One Property Company
Authorised for release by the Board of Directors.
ENDS
For further information, please visit www.korepotash.com or contact:
Kore Potash Brad Sampson - CEO
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| Tel: +44 (0 )20 3963 1776 |
Tavistock Communications Jos Simson Edward Lee
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| Tel: +44 (0) 20 7920 3150 |
Canaccord Genuity - Nomad and Broker James Asensio Henry Fitzgerald-O'Connor
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| Tel: +44 (0) 20 7523 4600 |
Shore Capital - Joint Broker Jerry Keen Toby Gibbs James Thomas |
| Tel: +44 (0) 20 7408 4050 |
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