Anglo Pacific Group PLC Board Changes (3712V)

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RNS Number : 3712V

Anglo Pacific Group PLC

14 April 2021

News Release

14 April 2021

Anglo Pacific Group PLC

Board Changes

Anglo Pacific Group PLC ("Anglo Pacific", the "Company" or the "Group") (LSE: APF, TSX: APY) announces that Vanessa Dennett has indicated her intention to retire as a Non-Executive Director of the Company after Anglo Pacific's Annual General Meeting to be held on 26 May 2021 and so will not be putting herself forward for re-election.

Following Vanessa's retirement, Graeme Dacomb will assume the Chair of the Remuneration Committee on an interim basis.

A search process will now commence to identify a replacement, bearing in mind our criteria for Director appointments, including diversity, as laid out in the Corporate Governance report in our 2021 Annual Report published today.

Patrick Meier, Chairman of Anglo Pacific, commented:

"We are immensely grateful to Vanessa for the enormous contribution she has made to the Group over the last few years. She has also been an energetic chair of the Remuneration Committee which has overseen a full review of our compensation structure and the design of the new long-term incentive plan, which will be put to the AGM for approval. Vanessa has played a vital role on the board with her background in M&A being particularly valuable in our recent US$205m Voisey's Bay cobalt stream acquisition. We will miss her wise counsel, it has been a privilege to work alongside Vanessa and we wish her well in retirement."

For further information:

 
 Anglo Pacific Group PLC                              [phone] 
 Julian Treger - Chief Executive Officer 
  Kevin Flynn - Chief Financial Officer 
 
 Website:                                        www.anglopacificgroup.com 
 
 Berenberg                                            [phone] 
 Matthew Armitt / Jennifer Wyllie / Varun 
  Talwar / Detlir Elezi 
 
 Peel Hunt LLP                                        [phone] 
 Ross Allister / Alexander Allen / David 
  McKeown 
 RBC Capital Markets 
  Farid Dadashev / Marcus Jackson / Jamil 
  Miah                                                [phone] 
 
 Camarco                                              [phone] 
 Gordon Poole / Owen Roberts / James Crothers 
 
 

Notes to Editors

About Anglo Pacific

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

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April 14, 2021 02:00 ET (06:00 GMT)