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Dispute with Consilium and Board Roles

2 Mar 2016 15:29

RNS Number : 8392Q
Cambria Africa PLC
02 March 2016
 

Cambria Africa Plc

 

("Cambria" or the "Company")

 

Dispute with Consilium and Board Roles

 

In its results announcement of 29 February 2016, the Company referred to Consilium and Cambria having agreed to the litigation arising from the dispute being stayed until 30 April 2016. Cambria wishes to clarify that it has received an offer from Consilium to such a stay and that it is considering the proposed terms thereof.

 

The Company further announces that Mrs Josie Watenphul will with effect from 2 March 2016 act as non-executive director only. The Company will make an announcement regarding the appointment of a new Chief Financial Officer when appropriate.

 

 

Contacts

Cambria Africa Plc

www.cambriaafrica.com

Samir Shasha

+44 (0) 781 3919 988

Josie Watenphul

+41 (0) 79 9085 430

WH Ireland Limited

www.wh-ireland.co.uk

James Joyce / Mark Leonard

+44 (0) 20 7220 1666

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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