27 Jun 2014 16:36
Amsterdam, 27 June 2014
Non-Executive Director Pavel Telička stands down
New World Resources Plc (the 'Company') announces today that Pavel Telička has resigned from the board of directors with effect from 30 June 2014.
Pavel Telička was appointed as a director with effect from 8 April 2011. He was re-appointed by the annual general meeting of shareholders in 2014. Since 11 September 2007, Mr Telička had served as a director of New World Resources N.V. (subsidiary of the Company) until his resignation in 2011.
Mr Telička co-founded BXL Consulting Ltd, a consultancy on European Union and related affairs, where he served as director and was in charge of its Brussels office until the end of 2013.
Gareth Penny, Company's executive chairman, said: "On behalf of the board, I thank Pavel for his invaluable insights and experience he brought to the Company and to the board. He will be missed greatly."
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Contacts:
Investor Relations Media Relations
Tel: +31 20 570 2244 Tel: 420 225 282 451
Website: www.newworldresources.eu
About NWR:
New World Resources Plc is a Central European hard coal producer. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic.