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27 Oct 2010 10:00
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Metals Exploration Plc
(the "Company")
Β Executive Management Change
Following the offer for the Company by Solomon Capital Limited (the "Offer") being declared unconditional on 6 September 2010, the Company announces that, with effect from 27 October 2010, Jonathan Beardsworth has stepped down as Managing Director of the Company as contemplated in paragraph 9 of the Independent Director's letter contained in the Offer document. Mr. Beardsworth will continue to sit on the Board as an Independent Non-Executive Director.
Ian Holzberger, Executive Chairman, said: "The Company thanks Mr. Beardsworth for his contribution as an executive and welcomes him in his capacity as a Non-Executive Director."
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Enquiries:
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Metals Exploration plc |
+44 (0)20 7963 9540 |
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Ian Holzberger |
+61 41 888 6165 |
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Chairman |
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Westhouse Securities Limited |
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Tim Feather / Matthew Johnson |
+44 (0)20 7601 6100 |
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Conduit PR |
+44 (0)20 7429 6607 |
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Edward Portman / Leesa Peters |
+44 (0)7733 363 501 |
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Metals Exploration (MTL)
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