Resignation of director
28 August 2015
Mwana Africa PLC announces that Mark Wellesley-Wood, non-executive director of the Company, has today given notice that he will retire from his position on the Board of Directors with effect from the conclusion of the forthcoming annual general meeting on 29 September 2015.
The Mwana Board has expressed its considerable gratitude to Mr Wellesley-Wood for all his work on behalf of the Company during what has been a challenging period of transition.
Executive Chairman Yat Hoi Ning, announcing the resignation, commented: "It is with deep regret that we received the news of Mark's intention to resign from the Board of Mwana. Mark has provided unstinting guidance and support to the Company during the transitional phase following the changes in the directorate arising from the Extraordinary General Meeting in June. Our Board of Directors values the input and guidance he provided on a wide range of governance and operational matters. On behalf of the Board of Directors and the entire Company, I should like to express our sincere gratitude to Mark for all his services in recent months, and to acknowledge his invaluable contribution to the Company during this time. Moving forward, Mark has generously agreed to continue to support the Company in a consultative capacity, and we will discuss the details of his continued support in the coming weeks."
For further information contact:
Mwana Africa PLC
Yim Kwan, Finance Director
Amilha Young, Group General Counsel and Company Secretary
Tel: + 44 (0) 20 3696 5470
Nominated Adviser and Broker
Grant Thornton UK LLP
30 Finsbury Square, London EC2P 2YU
Colin Aaronson / Richard Tonthat / Harrison Clarke
Tel: +44 (0) 20 7383 5100
Financial Adviser and Corporate Broker
Cantor Fitzgerald Europe
1 Churchill Place, Canary Wharf, London E14 5RB
Stewart Dickson / Jeremy Stephenson / Patrick Pittaway
Tel: +44 (0) 20 7894 7000
Public and investor relations
Russell and Associates
Jim Jones / Leigh King
Tel: +27 (0) 11 880 3924
Mwana Africa PLC is a pan-African, multi-commodity mining and development company. Mwana's principal operations and exploration activities cover gold, nickel, copper and diamonds in Zimbabwe, the Democratic Republic of Congo (DRC) and South Africa.