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10 Mar 2015 07:03
10 March 2015
Obtala Resources Limited
("Obtala" or the "Company")
(AIM: OBT)
Directorate Change
Obtala Resources Limited (AIM:OBT), the vertically integrated agri-processing, farming, timber and retail company, is pleased to announce the appointment of Emma Priestley to the Board as an Executive Director with immediate effect.
Emma Priestley specializes in Africa and emerging market sectors, developing and advising companies. In this capacity, until its successful takeover, she was an Executive Director of Lonrho Plc, focusing on opportunities in agriculture, logistics, infrastructure, and natural resources, and attracting investors to them, both in equity and structured finance.
Emma is on the board of Stratex International Plc as business development and market liaison, in conjunction with this she is an adviser with African Resource Capital focused on investments on the African Continent.Β Previously, Emma has worked with GVA Grimley and IMC Mackay & Schnellmann, investment bank CSFB, advisers VSA Resources, Ambrian Partners, where she worked as corporate broker and adviser. Emma is a graduate of Camborne School of Mines, is a chartered Mining Engineer and Chartered Mineral Surveyor.
Commenting on today's announcement, Francesco Scolaro, Chairman of Obtala, said: "On behalf of the Board, I would like to welcome Emma to Obtala. Emma brings a wealth of experience in the agricultural and related logistics sector in Africa which will greatly benefit and complement the Company as we continue our corporate growth plans."
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Obtala Resources Francesco Scolaro - ChairmanSimon Rollason - Managing Director www.obtalaresources.com | +44 (0) 20 7099 1940 Β |
ZAI Corporate Finance Limited (Nomad) Ray Zimmerman Richard Morrison
| +44 (0)20 7060 2220 |
Brandon Hill Capital (Broker) Jonathan Evans
| +44 (0)20 3463 5000 |
Square 1 Consulting (Public Relations) David Bick Mark Longson | +44 (0)20 7929 5599 |
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The following information is disclosed under Schedule 2g of the AIM Rules.
Emma Kinder Priestley, aged 42, currently holds or previously held in the last five years the following directorships and partnerships:
Current
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African Resource Capital Ltd
Stratex International Plc
Stellar Resources plc
Santon Consultancy Services Limited
Β
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Past
Β
Aldeamento Turistico de Macuti SARL
Blueberry International Services Limited
Celsys LimitedComplete Enterprise Solutions Limited
Complete Enterprise Solutions (Pty) Limited
Five Forty Africa (BVI) Limited
Five Forty Aviation Limited
ForgetMeNot Africa Limited
Gardoserve (Pvt) Limited (trading as Millpal Chamicals)
Goldstone Resources Plc
Hotel Cardoso SARLIndit Technology Distribution (Pty) Limited
Lonrho Africa (Holdings) LimitedLonrho Agribusiness (BVI) LimitedLonrho Air Africa (BVI) LimitedLonrho Air (BVI) LimitedLonrho Air (2) BVI LimitedLonrho Air (3) BVI limitedLonrho Aviation (BVI) LimitedLonrho Food Supply Chain Management Limited
Lonrho Holdings LimitedLonrho Hotels Management Services BVI Limited
Lonrho Infrastructure (BVI) LimitedLonrho Investments Limited
Lonrho Management Services Limited
Lonrho Oil (Malawi) LimitedLonrho PLC (now Lonrho Limited)Lonrho Springs Limited
Lonzim Air (BVI) LimitedLonZim PLC (now Cambria Africa Plc)Luba Freeport LimitedMorningdale Properties (Pvt) Limited
Peak Mine (Pvt) Limited
Rex Mining (Pvt) LimitedSociadade Commercial Bytes & Pieces Limitada
Southern Africa Management Services Limited
Swissta Holdings LimitedSwissta Mozambique LdaWardlaw (1989) Limited
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Ms Priestley does not hold any shares in the Company. Her former married name was de Borchgrave d'Altena.
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